Formerly Nippon India Money Market Qt DP
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.
₹ 9,971 Cr
The performance of the fund on a Fund Size metric has been Satisfactory
The performance of the fund on a Rolling Returns metric has been Good
View all 8 analysis
Want the most stable money market funds for your portfolio?
NAV (Aug 17)
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.
Launched (10y ago)
Oct 30, 2012
AUM in Crores
CRISIL Money Market TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
small industries development bank of india5.7%
hdfc bank limited3.9%
182 Days Treasury Bill 15-12-20223.4%
deutsche bank ag **3.2%
|Fund Name||Fund Size||Rolling Returns|
₹ 38,404 cr
₹ 14,762 cr
₹ 21,845 cr
₹ 13,395 cr
₹ 38,404 cr
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 235,254 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,374 debt and 32 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Nippon India Money Market Fund (D-Q) is a Money Market Debt fund and has delivered an annualised return of 46.1% over a period of 9 years. The fund was previously known as Nippon India Money Market Qt DP. 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 (D-Q) as of 8/17/2022 is ₹1019.09 with the total AUM as of 8/18/2022 is ₹9970.968. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Money Market Fund (D-Q) was launched on Oct 30, 2012. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Money Market Fund (D-Q) 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 (D-Q) 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 (D-Q) 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 (D-Q).
What is Nippon India Money Market Fund (D-Q)?
How to invest in Nippon India Money Market Fund (D-Q)?
You can invest in Nippon India Money Market Fund (D-Q) 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 (D-Q)?
The minimum sip amount for Nippon India Money Market Fund (D-Q) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Money Market Fund (D-Q) good to invest in?
As per Scripbox experts, Nippon India Money Market Fund (D-Q) is a Top Ranked fund. You can investNippon India Money Market Fund (D-Q) 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 (D-Q)?
The expense ratio of the Nippon India Money Market Fund (D-Q) is 0.27% for regular plan.