Nippon India Money Market - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Money Market Fund

Fund House : Nippon India Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 3182.3633 0.02%
(as on 24th February, 2021)

Crisil Rank

Above average performance among peers

Fund Size

: ₹ 6570.51 Cr

(7.61% of Investment in Category)

Expense Ratio

: 0.26%

(0.48% Category average)

Risk-O-Meter

Low to Moderate

Buy Recommended

(Min ₹100 for SIP, ₹500 for one time investment)

Money Market Fund :Money Market Fund : Fund has 104% investment in Debt of which 28.64% in Government securities, 75.36% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

1M
3M
6M
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This Scheme

VS

CRISIL 10 Year Gilt Index

-1.31%

-0.81%

2.66%

5.34%

9.34%

7.74%

8.18%
NA
0.45%

0.89%

1.86%

5.32%

6.46%

6.87%

6.84%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 24th February, 2021)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	17-Feb-21	10008.50	0.08%	-	0.07%	5/18
1 Month	22-Jan-21	10037.40	0.37%	-	0.44%	2/18
3 Month	24-Nov-20	10086.90	0.87%	-	0.88%	2/18
6 Month	24-Aug-20	10196.20	1.96%	-	1.87%	4/18
YTD	01-Jan-21	10051.50	0.52%	-	0.57%	2/18
1 Year	24-Feb-20	10555.50	5.55%	5.54%	5.32%	8/17
2 Year	22-Feb-19	11380.20	13.80%	6.65%	6.46%	6/15
3 Year	24-Feb-18	12305.20	23.05%	7.15%	6.69%	3/13
5 Year	24-Feb-16	14091.80	40.92%	7.09%	6.87%	4/13
10 Year	24-Feb-11	21726.70	117.27%	8.06%	7.91%	5/13
Since Inception	15-Jun-05	31823.60	218.24%	7.65%	6.84%	3/17

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 24th February, 2021)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	24-Feb-20	12000	12310.34	2.59 %	4.78 %
2 Year	22-Feb-19	24000	25470.73	6.13 %	5.8 %
3 Year	24-Feb-18	36000	39739.7	10.39 %	6.5 %
5 Year	24-Feb-16	60000	71363.93	18.94 %	6.86 %
10 Year	24-Feb-11	120000	177059.33	47.55 %	7.54 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

Portfolio (Updated on 31st Jan,2021)

No of Debt Holding 50 (Category Avg - 36.22) | Modified Duration 0.28 Years (Category Avg - 0.22)| Yield to Maturity 3.78% (Category Avg - 3.68%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	18.54%	4.40%
CD	22.94%	17.49%
T-Bills	10.10%	15.94%
NCD & Bonds	0.00%	0.08%
CP	52.42%	48.27%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	28.64%	20.33%
Low Risk	75.36%	65.84%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	3.06%
Margin	Margin	0.00%
Net Receivables	Net Receivables	-7.06%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th January, 2021)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

1.07vs1.17

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Better risk adjusted returns

6.07vs2.47

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

2.04vs-0.28

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HDFC Money Market Fund - Growth	3	10530.19	0.31	0.78	1.85	6.07	7.15
Aditya Birla Sun Life Money Manager Fund - Growth	3	10188.90	0.36	0.82	1.97	6.06	7.35
Tata Money Market Fund - Regular Plan - Growth	2	1873.86	0.34	0.83	2.01	5.95	4.56
ICICI Prudential Money Market Fund - Growth	3	10354.77	0.33	0.80	1.87	5.79	7.07
Axis Money Market Fund - Growth	3	1971.04	0.36	0.84	1.96	5.77	0.00
UTI Money Market Fund - Regular Plan - Growth	4	6652.68	0.37	0.84	1.93	5.60	7.08
Indiabulls Savings Fund - Growth	NA	0.80	2.82	3.26	3.92	5.59	0.00
Franklin India Savings Fund - Growth	5	1143.51	0.30	0.75	1.72	5.50	7.15
DSP Savings Fund - Regular Plan - Growth	3	1689.68	0.27	0.68	1.59	5.31	6.77
Invesco India Money Market Fund - Growth	3	566.35	0.30	0.70	1.63	5.26	6.53

Detailed Comparison

More Funds from Nippon India Mutual Fund

Out of 161 mutual fund schemes offered by this AMC, 5 is/are ranked 4 * , 11 is/are ranked 3 * , 6 is/are ranked 2 * , 12 is/are ranked 1 * , and 127 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India Liquid Fund - Growth	3	19337.75	0.28	0.74	1.54	3.92	5.94
Nippon India Floating Rate Fund - Growth	3	16056.85	-0.32	-0.14	2.59	8.48	8.27
CPSE ETF	NA	11879.28	12.41	24.11	18.33	13.15	-8.36
CPSE ETF	NA	11879.28	12.48	24.27	18.33	13.52	-8.06
Nippon India Small Cap Fund - Growth	3	10636.51	10.19	23.56	37.28	33.74	7.29
Nippon India Tax Saver Fund - Growth	1	10244.71	7.10	20.53	33.52	12.96	-1.10
Nippon India Large Cap Fund - Growth	1	9772.71	5.43	20.22	30.04	15.24	8.04
Nippon India Arbitrage Fund - Growth	3	9514.74	0.31	0.81	1.69	3.81	5.42
Nippon India Short Term Fund - Growth	2	8986.66	-0.18	0.14	2.58	7.15	7.81
Nippon India Low Duration Fund - Growth	2	8698.75	0.21	0.69	2.37	6.13	7.00