Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl

Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl

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Debt
Direct
Money Market
NAV: ₹ 1020.79 as on 17-05-2024

About the Fund

Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Anju Chhajer. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹14775 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 4.8K in Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.24%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹14775 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
347.61%

Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
55.8%
Cash Equivalent
30.4%
Government
13.7%

Top Holdings of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings100
Holdings
Weight%
1M Change
Bank Of Baroda
Bank Of Baroda
3.19%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.18%
0%
HDFC Bank Limited
HDFC Bank Limited
2.69%
-5.7%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.59%
0%
Panatone Finvest Limited
Panatone Finvest Limited
2.56%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 14.8K Cr
₹ 12.2K Cr
₹ 13.2K Cr
  • AUM of the fund stands at 14.8K Cr as of Apr'24
  • AUM increased by 2.6K Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl, since 16 July 2018
Anju Chhajer
Anju Chhajer
Fund Manager of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl, since 1 February 2020

Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.71% since inception which is more than its category average return of 4.96%
AUM size ₹14775 Cr

AUM size ₹14775 Cr

This fund has AUM of ₹14775 Cr which is more than its category average of ₹ 6891 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹1020.79 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.19%
-0.19%
6 Month Returns
3.12%
3.12%
1 Year Returns
6.82%
6.82%
3 Years Returns
17.7%
5.58%
5 Years Returns
30.72%
5.5%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.24% as on April 2024
₹14775 Cr as on April 2024
Bank Of Baroda(3.19%), National Bank For Agriculture And Rural Development(3.18%), HDFC Bank Limited(2.69%), Small Industries Development Bank Of India(2.59%), Panatone Finvest Limited(2.56%) as on April 2024
Corporate(55.84%), Cash Equivalent(30.44%), Government(13.72%) as on April 2024
Yield to Maturity is 7.65 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.64 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai, Anju Chhajer are the fund managers of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Money Market Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl is 0%