e.g. Tata motors, Reliance MF, 500570

Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment

Debt Liquid Moderate

NAV on (No Data Available)

₹0.00

No Data Available

Fund Size

₹21492 Crores

1Y Returns

No Data Available%

 

Earn 1% Higher Returns on Direct Funds

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Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

Investment Objective

The investment objective of the Scheme is 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.

AMC

Nippon Life India Asset Management Ltd.

Fund Details

Launch Date

January 1, 2013

Fund Manager

Mr. Vikash Agarwal

Initial Price

1000

AUM Fund

21492 Cr

Min investment

Rs 500

Expense Ratio

0.21%

SIP Minimum Investment

(1) Rs.100/- per month and in multiples of Re. 1/- thereafter for minimum 60 months.(2) Rs.500/- per month and in multiples of Re. 1/- thereafter for minimum 12 months.(3) Rs.1,000/- per month and in multiples of Re. 1/- thereafter for minimum 6 months.(4) Rs.500/- per quarter and in multiples of Re. 1/- thereafter for minimum 12 quarters.(5) Rs.1,500/- per quarter and in multiples of Re. 1/- thereafter for minimum 4 quarters.(6) Rs.5,000/- per year and in multiples of Rs. 500/- thereafter for minimum 2 years.

Exit Load

Nil

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
41.32% 41.38% ₹80313.43
29.40% 29.40% ₹239.31
20.01% 20.01% ₹239.31
7.37% 20.84% ₹3031.78
7.32% 22.72% ₹7512.02

Holdings

182 Days Tbill 3.43%
Triparty Repo 2.46%
UCO Bank 2.20%
IDFC First Bank Limited 1.76%
364 Days Tbill 1.15%
Indian Bank 1.10%
Bharti Telecom Limited 1.09%
Bahadur Chand Investments Pvt Limited 1.09%
Embassy Office Parks REIT 1.09%
IGH Holdings Private Limited 1.09%
Canara Bank 0.99%
Kotak Securities Limited 0.88%
Tata Capital Housing Finance Limited 0.88%
Bajaj Housing Finance Limited 0.88%
Credila Financial Services Limited 0.87%
Angel One Limited 0.87%
Fedbank Financial Services Limited 0.87%
Muthoot Fincorp Ltd 0.87%
Mindspace Business Parks REIT 0.63%
7.59% State Government Securities 0.54%
7.2% State Government Securities 0.52%
7.19% State Government Securities 0.47%
Nuvama Wealth And Investment Ltd 0.44%
360 One Prime Limited 0.44%
Small Industries Dev Bank of India 0.44%
DSP Finance Private Limited 0.44%
8.23% Government of India 0.35%
Corporate Debt Market Development Fund Class A2 0.28%
7.74% State Government Securities 0.27%
Arka Fincap Limited 0.23%
Kotak Mahindra Prime Limited 0.22%
7.63% GOI (MD17/06/2059)-Strips (C)-(MD17/06/2026) 0.17%
8.07% State Government Securities 0.12%
7.75% State Government Securities 0.05%
6.80% GOI (MD15/12/2060)-Strips (C)-(MD15/06/2026) 0.03%
7.61% State Government Securities 0.02%
7.25% State Government Securities 0.02%
Cash Margin - CCIL 0.01%
7.37% State Government Securities 0.01%
8.02% State Government Securities 0.01%
Net Current Assets -2.61%

Sector Allocation

Banks 17.19%
Finance 7.22%
Pharmaceuticals and health care 1.00%
Address
4th Floor, Tower A,Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai Maharashtra India 400013
Phone
+91 22 68087000
Fax
+91 22 68087097
Launch Date
January 1, 2013
Custodian
Deutsche Bank AG
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment?

A: The latest NAV of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment is ₹ .

Q: What type of mutual fund is Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment?

A: Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment is a 'Debt - Liquid' type mutual fund managed by 'Nippon Life India Asset Management Ltd.'.

Q: What is the expense ratio of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment?

A: The expense ratio of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment is 0.21%, which impacts overall returns.

Q: Who manages Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment?

A: Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment is managed by Mr. Vikash Agarwal, who oversees investment strategy and portfolio decisions.

Q: Is Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment a good investment?

A: Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment?

A: The exit load of Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment is Nil, applicable if redeemed within the specified period.

Q: How is Nippon India Money Market Fund - Direct Plan - Monthly IDCW Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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