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Nippon India Money Market Fund

Nippon India Money Market Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.45

as on 17 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,065 today.

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NAV Performance

Nippon India Money Market Fund performance graph for last 3 years
Performance of Nippon India Money Market Fund for last 3 Years

Fund Information

  • ₹ 3,253.116

    as on 17 Sep 2021
  • Regular - Growth

  • 2 / 20

  • ₹ 500

  • ₹ 7,318 Cr.

    as on 17 Sep 2021
  • 0.28%

    since 31 May 2021
  • 01 Jan 2013

  • Debt - Money Market Fund

  • CRISIL 10 Year Gilt Index

  • Nippon India Mutual Fund

    Show All Funds

Highlights of this fund

Nippon India Money Market Fund is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 01 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 3,253.116 as on 17 Sep 2021.

This fund has 8 years of track record. Since 31 May 2021 expense ratio of this fund is 0.28%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

List of Fund Managers of Nippon India Money Market Fund

  • About Anju Chhajer

    Picture of Anju ChhajerAnju Chhajer is a Debt Fund Manager at Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited). She is a Chartered Accountant and had graduated in Commerce from Shib Nath Shastri College, Kolkata. She has over 16 years of experience in financial services. She joined Reliance Nippon Life Asset Management Company as a Fund Manager in 2007. Her earlier stint was from 1997 to 2007 with National Insurance Co. Ltd (Investment Department) where she used to manage the debt investment portfolio of the company.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.09% 0.34% 1.05% 2.24% 4.17% 10.52% 6.66% 6.82% 8.46% 4.16% 12.00% 8.64% 6.44% 7.28%
Category Average 0.06% 0.30% 0.95% 1.90% 3.66% 5.41% 6.03% 6.39% 7.37% 3.66% 4.88% 5.50% 5.92% 6.78%
Nippon India Money Market Fund 0.07%₹ 10,006 0.33%₹ 10,032 1.01%₹ 10,100 2.02%₹ 10,201 4.00%₹ 10,400 3.94%₹ 12,255 5.32%₹ 11,093 4.63%₹ 25,168 6.45%₹ 12,065 5.42%₹ 39,098 6.65%₹ 13,799 6.22%₹ 70,225 7.78%₹ 21,164 7.11%₹ 1,73,100
UTI Money Market Fund 0.07%₹ 10,006 0.31%₹ 10,030 1.01%₹ 10,100 2.02%₹ 10,202 3.93%₹ 10,393 3.91%₹ 12,252 5.29%₹ 11,086 4.64%₹ 25,170 6.40%₹ 12,046 5.41%₹ 39,088 6.62%₹ 13,781 6.19%₹ 70,167 7.77%₹ 21,149 7.10%₹ 1,72,990
SBI Savings Fund 0.06%₹ 10,006 0.29%₹ 10,028 0.90%₹ 10,090 1.83%₹ 10,182 3.57%₹ 10,356 3.52%₹ 12,227 4.98%₹ 11,021 4.26%₹ 25,074 6.05%₹ 11,927 5.06%₹ 38,886 6.26%₹ 13,550 5.77%₹ 69,432 7.64%₹ 20,900 6.87%₹ 1,70,877
Invesco India Money Market Fund 0.08%₹ 10,007 0.32%₹ 10,031 0.98%₹ 10,097 2.05%₹ 10,204 3.73%₹ 10,372 3.81%₹ 12,246 5.07%₹ 11,041 4.43%₹ 25,116 5.88%₹ 11,871 5.05%₹ 38,880 6.31%₹ 13,582 5.81%₹ 69,498 7.81%₹ 21,236 6.96%₹ 1,71,671
Aditya Birla Sun Life Money Manager Fund 0.07%₹ 10,006 0.33%₹ 10,032 1.03%₹ 10,103 2.12%₹ 10,211 4.08%₹ 10,407 4.06%₹ 12,262 5.62%₹ 11,157 4.91%₹ 25,239 6.66%₹ 12,137 5.69%₹ 39,257 6.82%₹ 13,911 6.44%₹ 70,602 7.91%₹ 21,436 7.28%₹ 1,74,576
HDFC Money Market Fund 0.07%₹ 10,007 0.34%₹ 10,034 1.02%₹ 10,101 2.10%₹ 10,209 3.94%₹ 10,394 3.97%₹ 12,256 5.57%₹ 11,145 4.83%₹ 25,220 6.58%₹ 12,108 5.63%₹ 39,221 6.62%₹ 13,782 6.30%₹ 70,359 7.75%₹ 21,103 7.10%₹ 1,72,999

Portfolio Holdings

Portfolio holdings pattern of Nippon India Money Market Fund as on 20 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    104.66%
  • Others Holdings:

    -4.66%

Top Debt Instrument Type holdings of Nippon India Money Market Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 37.55% ₹ 2,749.68 Cr.
GOI 29.02% ₹ 2,123.87 Cr.
T-Bills 28.25% ₹ 2,067.90 Cr.
CD 9.84% ₹ 720.28 Cr.
Others -4.66% -

Top Debt Holdings of Nippon India Money Market Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 29.02% ₹ 2,123.87 Cr.
Bond - T-Bill 28.25% ₹ 2,067.90 Cr.
Bond - Export Import Bank Of India 5.37% ₹ 393.01 Cr.
Bond - ICICI Securities Ltd. 4.69% ₹ 343.52 Cr.
Bond - Barclays Investments & Loans (I) Ltd. 4.15% ₹ 303.99 Cr.
Others 28.52%

Other Holdings

Holding TypeHolding Percentage
TREPS 0.86%
Margin 0.00%
Net Receivables -5.52%