Nippon India Money Market Fund - IDCW - Direct Plan

Item: Nippon India Money Market Fund - IDCW - Direct Plan
Rating: 3
Author: PersonalFN

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₹1014.2627 0.03 %Nav, as on 11-10-2024
Previous Nav
₹ 1014.0042
Net Change on 11-10-2024
₹0.26
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 15,622.84
Expense Ratio
0.25%
(As on Sep 30, 2024)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
17-Jul-2013
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 (₹)
1961.73
52 Week Low Nav Date
11-Oct-2023
52 Week High Nav (₹)
2116.01
52 Week High Nav Date
11-Oct-2024

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 - QUARTERLY IDCW Option	8.50	7.55	7.84	6.56	5.86	5.62
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Nifty 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 - QUARTERLY IDCW Option	Jul 17, 2013	7.84	6.56	5.86	0.25	15,622.84
Kotak Money Market Scheme - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Dec 31, 2012	7.74	6.46	5.71	0.23	25,998.37
SBI Savings Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 02, 2013	7.75	6.43	5.89	0.25	25,006.20
SBI Savings Fund - Direct Plan Daily Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 07, 2013	7.75	6.43	5.82	0.25	25,006.20
SBI Savings Fund - Direct Plan Weekly Income Distribution cum Capital Withdrawal Option (IDCW)	Jan 08, 2013	6.23	5.93	5.75	0.25	25,006.20
ICICI Prudential Money Market Fund Option - Direct Plan - Daily IDCW	Dec 31, 2012	7.77	6.49	5.86	0.21	24,630.82

Fund Holdings as on 30-September-2024

Company % Assets
Canara Bank
3.29
National Bank For Agriculture and Rural Development**
3.11
Small Industries Dev Bank of India**
2.99
Axis Bank Limited**
2.99
HDFC Bank Limited**
2.74
Hindustan Zinc Limited**
2.50
Union Bank of India**
2.49
182 Days Tbill
2.37
Small Industries Dev Bank of India**
2.17
Bank of Baroda**
2.02
National Bank For Agriculture and Rural Development**
1.87
IDFC First Bank Limited**
1.87
IndusInd Bank Limited**
1.86
Indian Bank**
1.86
Canara Bank**
1.86
IndusInd Bank Limited**
1.86
Axis Bank Limited**
1.81
PNB Housing Finance Limited**
1.78
7.38% State Government Securities
1.77
8.1% State Government Securities
1.61
Indian Bank**
1.55
AU Small Finance Bank Limited**
1.55
The Federal Bank Limited**
1.53
ICICI Bank Limited**
1.51
IndusInd Bank Limited**
1.50
364 Days Tbill
1.27
182 Days Tbill
1.27
Panatone Finvest Limited**
1.25
Punjab National Bank**
1.24
HDFC Bank Limited**
1.24
Bharti Telecom Limited**
1.24
The Federal Bank Limited**
1.24
HDFC Bank Limited**
1.21
Manappuram Finance Limited**
1.21
HDFC Bank Limited**
1.19
Punjab National Bank**
1.09
Axis Bank Limited**
1.07
Hero Fincorp Limited**
0.94
Tata Capital Housing Finance Limited**
0.93
Bank of India**
0.93
GIC Housing Finance Limited**
0.93
364 Days Tbill
0.93
Barclays Investments & Loans (India) Private Limited**
0.93
Axis Bank Limited**
0.93
Bank of Baroda**
0.93
ICICI Bank Limited**
0.93
Godrej Housing Finance Limited**
0.93
Shriram Finance Limited**
0.93
HDFC Credila Financial Services Pvt Limited**
0.89
Pilani Investment and Industries Corporation Limited**
0.78
The Federal Bank Limited**
0.78
The Federal Bank Limited**
0.75
The Federal Bank Limited**
0.75
JM Financial Services Limited**
0.66
8.06% State Government Securities
0.64
8.09% State Government Securities
0.64
182 Days Tbill
0.64
Birla Group Holdings Private Limited**
0.63
Brookfield India Real Estate Trust**
0.63
Kisetsu Saison Fin Ind Pvt Ltd**
0.63
364 Days Tbill
0.63
Deutsche Investments India Pvt Limited**
0.62
Bahadur Chand Investments Pvt Limited**
0.62
Shriram Finance Limited**
0.62
Small Industries Dev Bank of India**
0.62
HDFC Bank Limited**
0.62
IndusInd Bank Limited**
0.62
Canara Bank**
0.62
Canara Bank**
0.62
Export Import Bank of India
0.62
ICICI Securities Limited**
0.62
ICICI Securities Limited**
0.62
Shriram Housing Finance Limited**
0.62
Kotak Mahindra Bank Limited**
0.61
IIFL Securities Limited**
0.61
National Bank For Agriculture and Rural Development**
0.61
ICICI Bank Limited**
0.61
Small Industries Dev Bank of India**
0.61
Muthoot Finance Limited**
0.61
Kotak Mahindra Bank Limited**
0.60
HSBC InvestDirect Financial Services (India) Limited**
0.59
ICICI Securities Limited**
0.47
6.35% Government of India
0.45
182 Days Tbill
0.41
364 Days Tbill
0.41
6.69% State Government Securities
0.35
CNH Industrial Capital India Private Limited**
0.32
Muthoot Finance Limited**
0.31
Hinduja Leyland Finance Limited**
0.31
Indian Bank**
0.31
ICICI Bank Limited
0.31
Axis Bank Limited**
0.31
Birla Group Holdings Private Limited**
0.31
Bahadur Chand Investments Pvt Limited**
0.31
National Bank For Agriculture and Rural Development**
0.31
Union Bank of India**
0.31
Birla Group Holdings Private Limited**
0.31
7.63% GOI (MD17/06/2059)-Strips (C)-(MD17/12/2024)
0.29
Corporate Debt Market Development Fund Class A2
0.27
8.03% Government of India
0.26
182 Days Tbill
0.25
8.5% State Government Securities
0.19
8.21% State Government Securities
0.17
GOI Strips (MD 12/12/2024 )
0.17
8.43% State Government Securities
0.16
HDFC Bank Limited**
0.16
Standard Chartered Securities India Ltd**
0.16
Standard Chartered Capital Limited**
0.15
Standard Chartered Securities India Ltd**
0.15
Mahindra & Mahindra Financial Services Limited**
0.15
364 Days Tbill
0.09
8.04% State Government Securities
0.06
8.12% State Government Securities
0.06
8.08% State Government Securities
0.06
6.80% GOI (MD15/12/2060)-Strips (C)-(MD15/12/2024)
0.04
8.12% State Government Securities
0.03
Cash Margin - CCIL
0.00
Net Current Assets
-6.95

Sector Holding%
Miscellaneous
62.40

Fund Manager

Vikash Agarwal

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
23/09/2024
190.59
21/06/2024
196.33
22/03/2024
200.64
22/12/2023
174.81
22/09/2023
189.61
16/06/2023
212.14
17/03/2023
161.59
20/12/2022
154.68
20/09/2022
149.55
21/06/2022
84.59
22/03/2022
102.28
21/12/2021
88.09
21/09/2021
105.71
22/06/2021
105.52
22/03/2021
90.63
22/12/2020
110.96
22/09/2020
124.53
22/06/2020
212.85
20/03/2020
123.58
20/12/2019
180.81
20/09/2019
205.09
20/06/2019
208.93
20/03/2019
204.48
20/12/2018
213.33
21/09/2018
195.07
20/06/2018
184.43
19/03/2018
163.67
19/12/2017
159.30
19/06/2017
165.70
20/03/2017
164.38
19/12/2016
171.57
19/09/2016
181.86
20/06/2016
207.73
21/03/2016
191.88
21/12/2015
191.48
21/09/2015
203.34
19/06/2015
222.22
19/03/2015
210.84
19/12/2014
217.15
19/09/2014
217.31
19/06/2014
234.32
19/03/2014
45.76
19/09/2013
179.56

Holding Type Holding %
CARE A1+
6.47
Cash
-6.95
CRISIL A1+
69.97
FITCH A1+
5.13
ICRA A1+
9.88
Sov
15.22
Unrated
0.27

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 17-Jul-2013 and currently has an AUM of ₹15,622.84 crore. Nippon India Money Market Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Nifty Money Market Index as secondary index.

The NAV of Nippon India Money Market Fund ended up ₹0.26(0.03%)yesterday to ₹1014.2627.

Among its top 3 holdings the fund has exposure to Canara Bank, and

The Nippon India Money Market Fund is managed by Vikash Agarwal .

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: https://mf.nipponindiaim.com/

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