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Nippon India Money Market Fund

Nippon India Money Market Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.82

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,194 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

  • ₹ 3,219.231

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 6,660 Cr.

    as on 10 Jun 2021
  • 0.26%

    since 31 Dec 2020
  • 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 ₹ 3,219.231 as on 10 Jun 2021.

This fund has 8 years of track record. Since 31 Dec 2020 expense ratio of this fund is 0.26%. 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 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 0.10% 0.33% 1.20% 2.01% 24.95% 10.71% 7.02% 7.03% 8.46% 6.87% 13.67% 8.90% 6.74% 7.48%
Category Average 0.08% 0.29% 0.98% 1.70% 5.12% 6.17% 6.33% 6.59% 7.51% 3.89% 5.51% 5.92% 6.21% 6.96%
Nippon India Money Market Fund 0.09%₹ 10,008 0.31%₹ 10,031 1.05%₹ 10,105 1.89%₹ 10,188 4.37%₹ 10,436 4.03%₹ 12,259 5.94%₹ 11,225 5.09%₹ 25,283 6.82%₹ 12,194 5.91%₹ 39,379 6.83%₹ 13,919 6.52%₹ 70,742 7.92%₹ 21,443 7.32%₹ 1,74,946
Aditya Birla Sun Life Money Manager Fund 0.08%₹ 10,007 0.33%₹ 10,032 1.11%₹ 10,111 1.92%₹ 10,192 4.65%₹ 10,465 4.16%₹ 12,268 6.27%₹ 11,295 5.42%₹ 25,367 7.02%₹ 12,264 6.20%₹ 39,548 7.01%₹ 14,032 6.74%₹ 71,131 8.06%₹ 21,716 7.48%₹ 1,76,445
HDFC Money Market Fund 0.10%₹ 10,009 0.32%₹ 10,031 1.12%₹ 10,112 1.88%₹ 10,187 4.55%₹ 10,454 4.06%₹ 12,261 6.23%₹ 11,287 5.37%₹ 25,352 6.89%₹ 12,218 6.13%₹ 39,510 6.81%₹ 13,901 6.59%₹ 70,865 7.88%₹ 21,372 7.30%₹ 1,74,816
Franklin India Savings Fund Retail Option 0.08%₹ 10,008 0.29%₹ 10,029 1.02%₹ 10,102 1.76%₹ 10,175 4.13%₹ 10,413 3.73%₹ 12,240 6.01%₹ 11,238 4.99%₹ 25,256 6.86%₹ 12,209 5.91%₹ 39,379 7.03%₹ 14,044 6.54%₹ 70,781 7.96%₹ 21,518 7.40%₹ 1,75,723
UTI Money Market Fund 0.07%₹ 10,007 0.31%₹ 10,031 1.03%₹ 10,103 1.87%₹ 10,186 4.45%₹ 10,445 4.00%₹ 12,257 5.92%₹ 11,220 5.09%₹ 25,282 6.75%₹ 12,169 5.88%₹ 39,361 6.81%₹ 13,906 6.48%₹ 70,678 7.91%₹ 21,425 7.31%₹ 1,74,829
ICICI Prudential Money Market Fund 0.08%₹ 10,007 0.31%₹ 10,031 1.06%₹ 10,105 1.84%₹ 10,184 4.40%₹ 10,439 3.95%₹ 12,254 5.99%₹ 11,235 5.16%₹ 25,300 6.73%₹ 12,166 5.92%₹ 39,387 6.80%₹ 13,898 6.49%₹ 70,686 7.91%₹ 21,417 7.30%₹ 1,74,759

Portfolio Holdings

Portfolio holdings pattern of Nippon India Money Market Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    104.92%
  • Others Holdings:

    -4.92%

Top Debt Instrument Type holdings of Nippon India Money Market Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 54.79% ₹ 3,760.24 Cr.
GOI 29.45% ₹ 2,022.50 Cr.
CD 16.19% ₹ 1,111.70 Cr.
T-Bills 4.49% ₹ 307.89 Cr.
Others -4.92% -

Top Debt Holdings of Nippon India Money Market Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 29.45% ₹ 2,022.50 Cr.
Bond - Axis Bank Ltd. 6.81% ₹ 467.76 Cr.
Bond - Export Import Bank Of India 6.45% ₹ 442.58 Cr.
Bond - LIC Housing Finance Ltd. 6.27% ₹ 430.08 Cr.
Bond - National Bank for Agriculture & Rural Development 5.74% ₹ 394.25 Cr.
Others 45.28%

Other Holdings

Holding TypeHolding Percentage
Reverse Repo 0.16%
Margin 0.01%
Net Receivables -5.09%