Formerly Nippon India Money Market Mn DR
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.
16 Years. The fund has an Extended history for analysis and the track record is excellent.
9,387 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
NAV (Oct 25)
6 Month CAGR
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.
Low to Moderate
Low to Moderate Risk
Launched (16y ago)
|Jun 16, 2005|
AUM in Crores
|CRISIL Money Market TR INR|
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 9,65,796||₹ 2,33,184||11.25%|
|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.
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 13,509 cr
₹ 33,192 cr
₹ 11,590 cr
₹ 22,849 cr
₹ 33,722 cr
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 239,926 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
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Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 3.8% over a period of 16 years. The fund was previously known as Nippon India Money Market Mn DR . The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Kinjal Desai
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. . However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund was launched on Jun 16, 2005. The NAV (Net Asset Value) of this Money Market Debt fund as of 2021-10-25 is ₹1012.60. The total AUM (Asset Under Management) of the fund as of 26/10/2021 is ₹9386.519. The category risk of the Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-M) fund is Low to Moderate Risk. The fund charges 0.28 % as expense ratio.
The fund’s highest allocation is towards Others and has invested 84.5% in this asset class. The top three holdings of the fund are , 8.20% govt stock 2022 , triparty repo , 8.79% govt stock 2021 , 182 dtb 09122021 , 182 dtb 02122021 , 182 dtb 16122021 , export-import bank of india , idfc first bank limited , 8.15% govt stock 2022 , reliance industries limited , reliance industries limited , bharti hexacom limited , icici securities limited , 182 dtb 25112021 , cholamandalam investment and fin. co. ltd , barclays investments & loans (india) limited , axis bank limited , net current assets , 182 dtb 12112021 , tata capital limited , reliance industries limited , network18 media & investments limited , adani ports and special economic zone limited , 182 dtb 18112021 , icici securities limited , infina finance private limited , national bank for agriculture and rural development , can fin homes limited , barclays investments & loans (india) private limited , can fin homes limited , cholamandalam investment and fin. co. ltd , hdfc bank limited , bahadur chand investments private limited , barclays investments & loans (india) limited , cholamandalam investment and fin. co. ltd , deutsche investments india private limited , icici securities limited , 5.09% govt stock 2022 , lic housing finance limited , barclays investments & loans (india) private limited , 8.21% hr sdl spl 2022 , reliance industries limited , godrej agrovet limited , bajaj housing finance limited , jm financial products limited , credit suisse finance (india) private limited , l&t finance limited , bharti airtel limited , axis bank limited , national bank for agriculture and rural development , 8.39% rj sdl spl 2022 , axis finance limited , 8.78% gujarat sdl 2021 , 07.90 as sdl 2021
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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-M) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Money Market Fund Inc Dist cum Cap Wdrl (RIDCW-M) has a score of 4out of 5 The credit risk of the fund is 4 out of 5 as compared to other debt funds.
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