• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)

Formerly Nippon India Money Market Dl DR

Nippon Mutual Fund

Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)

DebtMoney Market

Top Ranked

1003.6794

NAV (Jan 24)

5%
3 Year CAGR
Scripbox Opinion

Top Ranked

These are the top-ranked funds within money market mutual funds.However, Scripbox does not recommend investing in money market mutual funds.Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

17 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

9,360 Cr. Large within the category

Impact of Interest Rate Changes

Low Interest Rate Risk. The impact on fund value is quite low when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

No single fund can achieve what a plan can. Learn why

Historical NAV

1003.6794

NAV (Jan 24)

Fund Returns

Last 1Y

3.9%

Last 3Y

5%

Last 5Y

5.1%

Last 10Y

5.8%

Since Inception

5.4%

6 Month CAGR

1.9%

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Scheme Information

Investment Objective

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.

Expense Ratio

0.27

Launched (17y ago)

Jun 16, 2005

AUM in Crores

9359.227

ISIN

INF204K01UY6

Lock-in

No Lock-in

Benchmark

CRISIL Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Anju Chhajer

Fund Manager

user-avatar

Kinjal Desai

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)
Kotak Savings Fund (G)

₹ 11,746 cr

5

₹ 36,350 cr

5

₹ 9,578 cr

5

₹ 29,495 cr

5

₹ 26,926 cr

5

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About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 248,127 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,369 debt and 34 hybrid funds.

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  • tel-amc-about
    022-33031000
  • mail-amc-about
    customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.6%

    6.9%

    24%

    22.3%

    3.9%

    6.6%

    22.6%

    22.1%

    3.3%

    5.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) Review

    Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) is a Money Market Debt fund and has delivered an annualised return of 5.4% over a period of 16 years. The fund was previously known as Nippon India Money Market Dl DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Kinjal Desai.

    Nav of Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) as of 24/01/2022 is ₹1003.68 with the total AUM as of 25/01/2022 is ₹9359.227. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) was launched on Jun 16, 2005. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market TR INR.

    Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) is rated as a 4 fund in Debt and delivered 3.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D).

    Frequently Asked Questions

    What is Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    How to invest in Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    What is the minimum sip amount of Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)?

    Is Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D) good to invest in?

    What is the expense ratio of the Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-D)?