₹ 1377.18
NAV (Jul 29)
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.
The Scheme seeks to deliver reasonable market related returns through investments in Money Market instruments.
Expense Ratio | 0.2 % |
Launched 5Y ago | 2020-03-06 |
AUM in Crores | 203.3 |
ISIN | INF663L01T84 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Money Market A-I Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.4 |
Beta | 0.9 |
Sharpe Ratio | 1.3 |
YTM | - |
Reserve Bank of India
10.94%HDFC Bank Ltd.
10.93%Export-Import Bank Of India
10.02%Canara Bank
8.7%ICICI Securities Ltd.
8.7%Fund Name | Fund Size | |
---|---|---|
₹ 4,818 cr | ||
₹ 4,537 cr | ||
₹ 9,709 cr | ||
₹ 49,517 cr | ||
₹ 15,321 cr |