• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Money Market Fund (Growth)

Formerly Reliance Money Market Gr

Nippon Mutual Fund

Nippon India Money Market Fund (Growth)

DebtMoney Market

Top Ranked

3371.4311

NAV (Aug 12)

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

₹ 10,187 Cr

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

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

View all 8 analysis

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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

3371.4311

NAV (Aug 12)

Fund Returns

Last 1Y

4%

Last 3Y

5%

Last 5Y

6.2%

Last 10Y

7.3%

Since Inception

7.3%

6 Month CAGR

2.1%

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

0.28

Launched (17y ago)

Jun 16, 2005

AUM in Crores

10186.863

ISIN

INF204K01VA4

Lock-in

No Lock-in

Benchmark

CRISIL Money Market TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Kinjal Desai

Fund Manager

Anju Chhajer

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-08-12

Top Debt Holdings

triparty repo

6.6%
6.6%

small industries development bank of india

5.7%
5.7%

hdfc bank limited

3.9%
3.9%

182 Days Treasury Bill 15-12-2022

3.4%
3.4%

deutsche bank ag **

3.2%
3.2%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 38,404 cr

₹ 14,762 cr

₹ 21,845 cr

₹ 13,395 cr

₹ 38,404 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 235,469 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,369 debt and 37 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    22.3%

    15.8%

    4%

    6.8%

    3.9%

    6.6%

    21.9%

    17.8%

    3.9%

    5.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    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 7.3% over a period of 17 years. The fund was previously known as Reliance Money Market Gr. 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 (G) as of 8/12/2022 is ₹3371.43 with the total AUM as of 8/17/2022 is ₹10186.863. 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 Jun 16, 2005. The category risk of the fund is Moderate Risk.

    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 CRISIL Money Market TR INR.

    Nippon India Money Market Fund (G) is rated as a 4 fund in Debt and delivered 4% 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)?

    Nippon India Money Market Fund (G) is a Money Market Debt scheme predominantly investing across Debt stocks 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?

    As per Scripbox experts, Nippon India Money Market Fund (G) is a Top Ranked fund. You can investNippon India Money Market Fund (G) fund if its investment objective and risk-o-meter matches your investment 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 0.28% for regular plan.