Nippon India Money Market Fund – Direct Growth

Debt · Money Market
 · ★★★★★
100
Min SIP
500
Min Lumpsum
0.24 %
Expense Ratio
★★★★★
Rating
12,075
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 08 December 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.5% 5.4% 6.2% 7.3%
Category Average 13.1% 16.7% 16.2% -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
3.51%
Deutsche Bank
3.33%
M & M Fin. Serv.
1.76%
Stand.Char. Cap.
1.6%
Infina Finance
1.27%
Others
88.53%
View all Holdings
Holdings Sector Instrument Asset
TREPS - - 3.51%
Deutsche Bank - - 3.33%
M & M Fin. Serv. - - 1.76%
Stand.Char. Cap. - - 1.6%
Infina Finance - - 1.27%
TBILL-91D - - 1.03%
N A B A R D - - 1.02%
Vedanta - - 1.01%
TBILL-182D - - 1.01%
Motil.Oswal.Fin. - - 1.01%
Motilal Finvest - - 1.01%
Crompton Gr. Con - - 1.01%
IDFC First Bank - - 1.01%
Kotak Mah. Bank - - 1.01%
John Dere FIN(I) - - 0.99%
ICICI Bank - - 0.97%
Tata Capital Fin - - 0.86%
HDFC Bank - - 0.84%
Bank of Baroda - - 0.73%
Kotak Securities - - 0.72%
Axis Bank - - 0.51%
S I D B I - - 0.51%
Barclays Invest - - 0.51%
Baha.Chand.Inv. - - 0.51%
Indian Bank - - 0.51%
Canara Bank - - 0.5%
TBILL-364D - - 0.5%
IndusInd Bank - - 0.5%
ICICI Securities - - 0.5%
GSEC2061 - - 0.49%
Federal Bank - - 0.48%
GSEC2023 - - 0.36%
H D F C - - 0.25%
Bank of Maha - - 0.2%
TV18 Broadcast - - 0.2%
Netwrk.18 Media - - 0.2%
GSEC2060 - - 0.15%
GSEC - - 0.02%
C C I - - 0%
Net CA & Others - - -2.15%
Others
100%
View all Sectors
Sectors Asset
Certificate of Deposit
49.49%
Commercial Paper
33.64%
T-Bills
11.16%
Govt Securities / Sovereign
3.72%
Reverse Repos
2.98%

Advance Ratio

0.01
Alpha
0.02
SD
0
Beta
0.68
Sharpe

Exit Load

Exit Load Nil

Fund 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.

Fund Managers

Anju Chhajer

Ms Anju Chhajer joined Nippon India Mutual Fund in September 2007 as Senior Fund Manager after leaving National Insurance Co. Ltd as a Treasury Incharge from 1997 to 2007. She holds a B.Com degree and is a Chartered Accountant. Her total experience spans over sixteen (16) years in financial services. She manages the Nippon India Japan Equity Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Nippon India Mutual Fund
AUM:
3,52,860 Cr
Address:
4th Floor, Tower A, Peninsula Busines -s Park, Ganapatrao Kadam Marg Lower Parel (W), Mumbai - 400013.
Contact:
022-68087000/1860260111
Email ID:
customercare@nipponindiaim.in

Frequently Asked Questions

How to invest in Nippon India Money Market Fund – Direct Growth ?

You can invest in Nippon India Money Market Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Nippon India Money Market Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Nippon India Money Market Fund – Direct Growth ?

The NAV of Nippon India Money Market Fund – Direct Growth is ₹3,727.4 as of 08 December 2023.

How to redeem Nippon India Money Market Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Nippon India Money Market Fund – Direct Growth?

The minimum SIP amount of Nippon India Money Market Fund – Direct Growth is ₹100

How can I redeem my investments in Nippon India Money Market Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Nippon India Money Market Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Nippon India Money Market Fund – Direct Growth generated ?

The Nippon India Money Market Fund – Direct Growth has delivered 7.3% since inception

What is the expense ratio of Nippon India Money Market Fund – Direct Growth ?

The expense ratio of Nippon India Money Market Fund – Direct Growth is 0.24 % as of 08 December 2023.

What is the AUM of Nippon India Money Market Fund – Direct Growth?

The AUM of Nippon India Money Market Fund – Direct Growth is ₹3,52,860 Cr as of 08 December 2023

What are the top stock holdings of Nippon India Money Market Fund – Direct Growth?

The top stock holdings of Nippon India Money Market Fund – Direct Growth are
  1. TREPS - 3.51%
  2. Bank of Maha - 3.5%
  3. Kotak Mah. Bank - 3.48%
  4. Deutsche Bank - 3.33%
  5. Vedanta - 3.02%

Can I make investments in both the SIP and Lump Sum schemes of Nippon India Money Market Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Nippon India Money Market Fund – Direct Growth based on your investment objective and risk tolerance.
Invest Now