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  • Nippon India Mutual Fund
  • Nippon India Money Market Fund (G)
Nippon Mutual Fund

Nippon India Money Market Fund (G)

DebtMoney Market

3944.7055

NAV (Oct 31)

6.509%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

Scripbox Recommended Money Market Funds
Want the most stable money market funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

3944.7055

NAV (Oct 31)

Fund Returns

Last 1Y
7.7%
Last 3Y
6.5%
Last 5Y
5.9%
Last 10Y
6.8%
Since Inception
7.3%
6 Month CAGR
3.7%

Scheme Information

Investment Objective

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

Expense Ratio
0.38%
Launched 19Y ago
2005-06-16
AUM in Crores
15622.8
ISIN
INF204K01VA4
Lock-in (days)
No Lock-in
Benchmark
NIFTY Money Market Index A-I
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.5
Beta
1.1
Sharpe Ratio
0.9
YTM
-
Fund Managers

Anju Chhajer

Fund Manager

Vikash Agarwal

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Money Market Fund (G)70%8,44,576 1,11,9645.9%
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.

Asset allocation and Holdings

Last updated on 2024-09-30

Top Debt Holdings

Bank Of Baroda

2.71%
2.71%

National Bank For Agriculture & Rural Development

2.71%
2.71%

HDFC Bank Ltd.

2.39%
2.39%

HDFC Bank Ltd.

2.29%
2.29%

Hindustan Zinc Ltd.

2.18%
2.18%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
kotak-mahindra
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,029 cr

₹ 14,839 cr

₹ 4,523 cr

₹ 10,307 cr

₹ 12,416 cr

amc-img

About the AMC

Nippon India Mutual Fund

Reliance Nippon India Mutual Fund was established in 1996. It is a joint venture between India's Reliance Mutual Fund and Japan's Nippon Life Insurance Company. It is india's top asset management company with a total AUM of Rs 1.8 Lac Crore with about 91.9 lac active folios. It is the first compnay to be listed and traded on both the NSE and Bombay Stock Exchange (BSE).amc-img
Fund NameScripbox Opinion
Till Date CAGR

6%

6.9%

7.1%

8.8%

16.1%

20.8%

19.8%

13.4%

16.8%

8.6%

Nippon India Money Market Fund (G) Review

Nippon India Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 7.34% over 19 years. The fund has grown over a period of 19 years. The fund is managed by Nippon India Mutual Fund. The fund managers are Anju Chhajer, Vikash Agarwal.

Nav of Nippon India Money Market Fund (G) as of 10/31/2024 is ₹3944.71 with the total AUM as of 11/2/2024 is ₹15622.84. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Money Market Fund (G) was launched on 2005-06-16. The category risk of the fund is Moderate.

The minimum SIP amount for Nippon India Money Market Fund (G) 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 (G) 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 NIFTY Money Market Index A-I.

Scripbox has rated it 3 stars, indicating it's a neutral fund in the Debt category and delivered 7.74% 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 (G).

Frequently Asked Questions

What is Nippon India Money Market Fund (G)?

It is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Nippon India Money Market Fund (G)?

You can invest in Nippon India Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Nippon India Money Market Fund (G)?

The minimum sip amount for Nippon India Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Nippon India Money Market Fund (G) good to invest in?

According to Scripbox opinion, it is a 3-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

What is the expense ratio of the Nippon India Money Market Fund (G)?

The expense ratio of the Nippon India Money Market Fund (G) is 0.38% for regular plan.

What is the NAV of Nippon India Money Market Fund (G)?

Today's Nippon India Money Market Fund (G) NAV is ₹3944.71.