Nippon India Money Market Fund Growth

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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

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%

Peer Comparison

Fund Name
ICICI Prudential Money Market Fund Regular Growth5%
Nippon India Money Market Fund Growth5.23%
Tata Money Market Fund Regular Growth5.05%
Kotak Money Market Growth5.1%
UTI Money Market Fund-Discontinued - Regular Plan -Growth4.64%

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%.