- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Money Market Fund Direct Growth
Nippon India Money Market Fund Direct Plan Growth
₹ 4128.83
NAV (Apr 02)
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.
Nippon India Money Market Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,17,770
Wealth Gained8,50,382
Total Corpus Created (₹)
With CAGR of 6.187 % in 5 yearsHistorical NAV
₹ 4128.8291
NAV (Apr 2)
Fund Returns
Last 1Y | 7.9% |
Last 3Y | 7.1% |
Last 5Y | 6.2% |
Last 10Y | 6.9% |
Since Inception | 7.3% |
6 Month CAGR | 3.9% |
Scheme Information
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
Expense Ratio | 0.25 % |
Launched | - |
AUM in Crores | 16856.3 |
ISIN | INF204K01ZP3 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.4 |
Beta | 0.9 |
Sharpe Ratio | 1.6 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Money Market Fund Direct (G) | 8,50,382 | 1,17,770 | 6.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Debt Holdings
Bank Of Baroda
2.71%National Bank For Agriculture & Rural Development
2.71%HDFC Bank Ltd.
2.39%HDFC Bank Ltd.
2.29%Punjab National Bank
2.18%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 14,435 cr | ||
₹ 12,517 cr | ||
₹ 15,117 cr | ||
₹ 7,712 cr |
About the AMC
Nippon India Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
7.3% | 7.1% | ||
8.2% | 9.2% | ||
18% | 16.1% | ||
21.1% | 24.9% | ||
6.3% | 5.2% |
Nippon India Money Market Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,17,770
Wealth Gained8,50,382
Total Corpus Created (₹)
With CAGR of 6.187 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Nippon India Money Market Fund Direct Plan Growth?
The expense ratio of Nippon India Money Market Fund Direct Plan Growth is 0.25%.
What is the current AUM of Nippon India Money Market Fund Direct Growth?
The current AUM of Nippon India Money Market Fund Direct Growth is ₹16,856 crores.
What is the latest NAV of Nippon India Money Market Fund Direct Growth?
Today's NAV of Nippon India Money Market Fund Direct Growth is ₹4128.83.
What is the Riskometer rating for Nippon India Money Market Fund Direct Plan Growth?
The Riskometer rating for Nippon India Money Market Fund Direct Plan Growth is moderate.
Which are the top sector holdings in Nippon India Money Market Fund Direct Plan?
No sector holdings available.
Which are the top stock holdings in Nippon India Money Market Fund Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
| Bank Of Baroda | 2.71% |
| National Bank For Agriculture & Rural Development | 2.71% |
| HDFC Bank Ltd. | 2.39% |
| HDFC Bank Ltd. | 2.29% |
| Punjab National Bank | 2.18% |
What is the asset allocation of Nippon India Money Market Fund Direct Plan Growth?
The asset allocation for Nippon India Money Market Fund Direct Plan Growth consists of 102.03% in debt, -2.03% in other instruments.
What has been the performance of Nippon India Money Market Fund Direct Growth returns?
Below are the returns:
- 1-Year: 7.867%
- 3-Year: 7.144%
- 5-Year: 6.187%
- 10-Year: 6.926%
- Since Inception: 7.342%
Does Nippon India Money Market Fund Direct Growth have a lock-in period?
No, Nippon India Money Market Fund Direct Growth does not have a lock-in period .
Can I invest in both SIP and lump sum options in Nippon India Money Market Fund Direct Plan Growth?
Yes, you can invest in SIP or a lump sum option in Nippon India Money Market Fund Direct Plan Growth.
How to invest in Nippon India Money Market Fund Direct Growth?
You can invest in Nippon India Money Market Fund Direct Growth through AMC, intermediaries, brokers, or platforms like Scripbox.
How can I redeem my investment in Nippon India Money Market Fund Direct Plan?
Redeem your investment in Nippon India Money Market Fund Direct Plan easily through Scripbox by logging in and submitting a request in seconds. For external investments, visit the fund house’s website to redeem directly.