Home > Market > Market Stats > Nippon India Money Market Fund Growth

Nippon India Money Market Fund Growth

+ Add to Watchlist
Powered by
  • Debt
  • Money Market
  • Rating 5
  • Plan
3468.20 +1.71 (0.05%) NAV as on 30 Jan, 2023
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)11139.93
  • CAGR 5.23%
  • Exit Load0.00%
  • Expense ratio0.34%
  • CategoryDebt
  • Min Investment500
  • Min SIP100
  • Launch Date2005-06-16

Morning Star Rating 5

Low
Risk
Moderate
Return

Asset Allocation

Holdings As On - 31 January 2023

  • Name
  • Value (Cr)
  • Holding %
  • Triparty Repo
  • 625.48
  • 6.11%
  • Axis Bank Ltd.
  • 389.69
  • 3.81%
  • Bank Of Maharashtra
  • 342.85
  • 3.35%
  • Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
  • 340.04
  • 3.32%
  • Hindustan Zinc Limited
  • 298.20
  • 2.91%
  • Vedanta Limited
  • 295.07
  • 2.88%
  • Mahindra & Mahindra Financial Services Limited
  • 291.63
  • 2.85%
  • 182 DTB 15062023
  • 291.21
  • 2.84%
  • India (Republic of)
  • 290.89
  • 2.84%
  • HDFC Bank Limited
  • 267.98
  • 2.62%
View More

Risk & Volitility

  • Alpha 0.25%
  • Beta 2.60
  • Sharpe Ratio1.41
  • Std Deviation 0.51%
  • Tracking Error 0.39%

About Fund

The fund would invest in money market instruments like Certificate of Deposits (CD), Commercial Papers (CP), etc. The portfolio duration would be maintained between 110 - 160 days.

 

The Nippon India Money Market Fund Growth has an AUM of 11139.93 crores & has delivered CAGR of 6.14% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.34%. The minimum investment in Nippon India Money Market Fund Growth is Rs 500 and the minimum SIP is Rs 100.

 

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

 

The top holdings of the fund include Triparty Repo, Axis Bank Ltd., Bank Of Maharashtra & Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited).

 

Some of the similar funds are ICICI Prudential Money Market Fund Regular Growth, Nippon India Money Market Fund Growth, Tata Money Market Fund Regular Growth, Kotak Money Market Growth, UTI Money Market Fund-Discontinued - Regular Plan -Growth. Nippon India Money Market Fund Growth has a sharpe ratio of 1.41 & a standard deviation of 0.51%.

FAQs about Nippon India Money Market Fund Growth

According to the morning star rating Nippon India Money Market Fund Growth has a Low risk & Moderate return.
Nippon India Money Market Fund Growth is managed by Anju Chhajer,Kinjal Desai,Akshay Sharma.
The expense ratio of Nippon India Money Market Fund Growth is 0.34%.
The 5 year annualized return on Nippon India Money Market Fund Growth is 6.14% & it has generated 5.23% in the last 1 year.
The minimum investment in Nippon India Money Market Fund Growth is 500 Rs.
Nippon India Money Market Fund Growth has an AUM of 11139.93 crores.

Recommended For You

Trending Stocks

×
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout