Nippon India Money Market Fund - Growth - Direct Plan

Item: Nippon India Money Market Fund - Growth - Direct Plan
Rating: 4
Author: PersonalFN

Invest Now

₹3599.7744 0.02 %Nav, as on 07-06-2023
Previous Nav
₹ 3599.0144
Net Change on 07-06-2023
₹0.76
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 11,450.39
Expense Ratio
0.24%
(As on Apr 30, 2023)

Fund Overview Growth | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
31-Dec-2012
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
500
Minimum Addl Investment (₹)
500
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
3366.66
52 Week Low Nav Date
07-Jun-2022
52 Week High Nav (₹)
3599.77
52 Week High Nav Date
07-Jun-2023

Fund 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.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option	7.85	8.51	6.92	5.06	6.29	7.27
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Money Market Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option	Dec 31, 2012	6.92	5.06	6.29	0.24	11,450.39
SBI SAVINGS FUND - DIRECT PLAN - GROWTH	Jan 01, 2013	6.84	5.04	6.29	0.23	19,639.24
Kotak Money Market Scheme - (Growth) - Direct	Dec 31, 2012	6.80	4.93	6.11	0.26	16,157.71
HDFC Money Market Fund - Direct Plan - Growth Option	Dec 31, 2012	6.87	5.08	6.35	0.21	15,865.81
Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan	Dec 31, 2012	6.98	5.14	6.42	0.21	14,496.15
ICICI Prudential Money Market Fund Option - Direct Plan - Growth	Dec 31, 2012	6.86	4.98	6.20	0.21	13,434.10

Fund Holdings as on 31-May-2023

Company % Assets
182 Days Tbill
8.79
182 Days Tbill
5.14
Triparty Repo
3.04
Small Industries Dev Bank of India **
2.99
Housing Development Finance Corporation Limited **
2.58
Standard Chartered Capital Limited **
2.17
ICICI Bank Limited **
2.11
Housing Development Finance Corporation Limited
2.08
Punjab National Bank **
2.07
Kotak Mahindra Bank Limited **
2.04
Panatone Finvest Limited **
1.87
Reliance Industries Limited **
1.74
182 Days Tbill
1.72
Union Bank of India **
1.71
Hindustan Zinc Limited **
1.71
Small Industries Dev Bank of India **
1.69
State Bank of India **
1.65
Export Import Bank of India **
1.65
Small Industries Dev Bank of India **
1.62
182 Days Tbill
1.58
HDFC Bank Limited **
1.51
National Bank For Agriculture and Rural Development **
1.46
Motilal Oswal Finvest Limited **
1.31
Union Bank of India **
1.28
HDFC Bank Limited
1.25
Indian Bank
1.25
Axis Bank Limited **
1.25
Housing Development Finance Corporation Limited **
1.23
Birla Group Holdings Private Limited **
1.23
State Bank of India **
1.22
Axis Bank Limited **
1.22
The Federal Bank Limited **
1.16
GOI Strips (MD 19/03/2024 )
1.10
Export Import Bank of India
1.08
Standard Chartered Capital Limited **
1.07
National Bank For Agriculture and Rural Development **
1.03
Shriram Finance Limited **
1.02
Motilal Oswal Financial Services Limited **
0.87
Reliance Retail Ventures Limited **
0.87
Kotak Mahindra Bank Limited **
0.86
ICICI Securities Limited **
0.86
182 Days Tbill
0.86
Bahadur Chand Investments Pvt Limited **
0.86
ICICI Bank Limited **
0.86
Bahadur Chand Investments Pvt Limited **
0.85
JM Financial Services Limited **
0.85
Motilal Oswal Finvest Limited **
0.85
Piramal Capital & Housing Finance Limited **
0.85
LIC Housing Finance Limited **
0.85
182 Days Tbill
0.84
Union Bank of India **
0.83
IDFC First Bank Limited **
0.83
LIC Housing Finance Limited **
0.83
Hero Fincorp Limited **
0.83
IndusInd Bank Limited **
0.83
Punjab National Bank **
0.83
Bahadur Chand Investments Pvt Limited **
0.83
The Federal Bank Limited **
0.82
Birla Group Holdings Private Limited **
0.81
7.40% GOI (MD19/09/2062)-Strips (C)-(MD19/09/2023)
0.79
HDFC Bank Limited **
0.65
Deutsche Investments India Pvt Limited **
0.65
Housing Development Finance Corporation Limited **
0.64
Housing Development Finance Corporation Limited
0.64
Axis Bank Limited **
0.64
Kotak Mahindra Bank Limited **
0.64
HDFC Bank Limited
0.63
Birla Group Holdings Private Limited **
0.61
Canara Bank
0.43
Canara Bank
0.43
Motilal Oswal Financial Services Limited **
0.43
Hindustan Zinc Limited **
0.43
Piramal Enterprises Limited **
0.43
IndusInd Bank Limited **
0.43
Cholamandalam Investment and Finance Company Ltd **
0.42
ICICI Bank Limited **
0.42
Small Industries Dev Bank of India **
0.42
National Bank For Agriculture and Rural Development **
0.42
Pilani Investment and Industries Corporation Limited **
0.41
Cholamandalam Investment and Finance Company Ltd **
0.41
Small Industries Dev Bank of India
0.41
7.75% State Government Securities
0.26
364 Days Tbill
0.26
HDFC Bank Limited **
0.22
Bank of Baroda **
0.22
State Bank of India **
0.21
Bank of Baroda **
0.21
Bank of Baroda **
0.21
7.92% State Government Securities
0.18
7.87% State Government Securities
0.18
7.91% State Government Securities
0.09
GOI Strips (MD 12/10/2023 )
0.04
GOI Strips (MD 12/03/2024)
0.04
Cash Margin - CCIL
0.00
Interest Rate Swaps Pay Fix Receive Floating (29/06/2023) (FV 2500 Lacs)
0.00
Net Current Assets
-2.74

Sector Holding%
Miscellaneous
40.45

Fund Manager

Anju Chhajer

Education:B.com; CA.
Experience:11 Years
Basic Details:Ms. Anju Chhajer has 11 years of experience in managing Fixed Income portfolios .Her Recent assigment in reliance is Reliance Money Manager Fund - Since Oct 2009 Reliance Medium Term Fund - Since October 2009 Reliance Liquidity Fund - Since October 2009
Funds Managed:
Nippon India Arbitrage Fund
Nippon India Floating Rate Fund
Nippon India Liquid Fund
Nippon India Low Duration Fund
Nippon India Money Market Fund
Nippon India Overnight Fund
Nippon India Arbitrage Fund
Nippon India Floating Rate Fund
Nippon India Liquid Fund
Nippon India Low Duration Fund
Nippon India Money Market Fund
Nippon India Overnight Fund

Holding Type Holding %
CARE A1+
11.95
Cash
0.30
CRISIL A1+
44.35
Derivatives
0.00
FITCH A1+
8.40
ICRA A1+
13.08
Sov
21.87

About Nippon India Money Market Fund

Scheme Analysis

Nippon India Money Market Fund is a Debt - Money Market Fund fund and belongs to Nippon India Mutual Fund. It was launched on 31-Dec-2012 and currently has an AUM of ₹11,450.39 crore. Nippon India Money Market Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Money Market Index as secondary index.

The NAV of Nippon India Money Market Fund ended up ₹0.76(0.02%)yesterday to ₹3599.7744.

Among its top 3 holdings the fund has exposure to 182 Days Tbill, and

The Nippon India Money Market Fund is managed by Anju Chhajer .

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: mf.nipponindiaim.com

Financial Health Checkup

Money Simplified Videos

Infographics