Latest NAV & returns of NIPPON INDIA PRIVATE LTD.

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

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previously known as Nippon India Money Market Dir Dl DR until

NAV on June 05, 2023
Category Fixed income:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 11,126 cr
Turnover Ratio 365.07%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.62%
  • 1Y: 6.79%
  • 3M: 2.11%
  • 3Y: 4.91%
  • 6M: 3.75%
  • 5Y: 5.38%
Min Investment 10,000
ADDITIONAL INFO
Fund Manager Anju Chhajer (Since over 3 years) Kinjal Desai (Since almost 5 years) Akshay Sharma (Since 6 months)
ISIN INF204K01ZN8
Fund Family Nippon India
Launch Date January 01, 2013
Benchmark CRISIL Money Market TR INR
Avg. Maturity 0.47 years
Yield To Maturity (%) 7.43%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Money Market TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.791
Sharpe 1.134
Std Dev 0.527
Risk Below Average
INVESTMENT 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

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Money Market Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
320.812 6.92% 14,025 cr 0.21% Average
3598.173 6.87% 11,126 cr 0.24% Low
4993.035 6.82% 15,177 cr 0.21% Average
2672.545 6.80% 9,001 cr 0.20% Below Average
329.039 6.79% 11,983 cr 0.21% Below Average
38.116 6.78% 19,089 cr Average
Best Money Market Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4108.280 6.99% 10,077 cr 0.17% Average
320.812 6.92% 14,025 cr 0.21% Average
3598.173 6.87% 11,126 cr 0.24% Low
4993.035 6.82% 15,177 cr 0.21% Average
1175.478 6.81% 261 cr 0.15% Low
2672.545 6.80% 9,001 cr 0.2% Below Average
38.116 6.78% 19,089 cr Average


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