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Nippon India Money Market Fund - Growth

  • Regular
  • Direct
Category : Money Market Fund
  • NAV
    : ₹ 3564.2422 0.01%
    (as on 09th June, 2023)
Crisil Rank
Very good performance among peers
Risk-O-Meter
Moderate

The fund has 101% investment in Debt, of which 19.77% in Government securities, 81.23% is in Low Risk securities.

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

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 09th June, 2023)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 02-Jun-23 10012.00 0.12% - 0.11% 3/23
1 Month 09-May-23 10064.00 0.64% - 0.62% 9/23
3 Month 09-Mar-23 10209.40 2.09% - 2.03% 10/23
6 Month 09-Dec-22 10376.20 3.76% - 3.59% 6/23
YTD 30-Dec-22 10332.00 3.32% - 3.18% 6/23
1 Year 09-Jun-22 10672.20 6.72% 6.72% 6.34% 3/21
2 Year 09-Jun-21 11073.20 10.73% 5.23% 4.85% 2/19
3 Year 09-Jun-20 11557.50 15.57% 4.94% 4.56% 4/19
5 Year 08-Jun-18 13500.30 35.00% 6.18% 5.87% 3/15
10 Year 09-Jun-13 19847.90 98.48% 7.09% 6.84% 2/15
Since Inception 15-Jun-05 35642.40 256.42% 7.32% 6.24% 1/25

SIP Returns (NAV as on 09th June, 2023)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 09-Jun-22 12000 12465.21 3.88 % 7.26 %
2 Year 09-Jun-21 24000 25528.51 6.37 % 6.06 %
3 Year 09-Jun-20 36000 39103.9 8.62 % 5.45 %
5 Year 08-Jun-18 60000 69136.89 15.23 % 5.61 %
10 Year 09-Jun-13 120000 166965.37 39.14 % 6.43 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 30th Apr,2023)

No of Debt Holding 84 (Category Avg - 45.27) | Modified Duration 0.42 Years (Category Avg - 0.56)| Yield to Maturity 7.43% (Category Avg - 7.33%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.05% 1.30%
CD 41.86% 44.17%
T-Bills 19.72% 20.08%
CP 39.37% 28.65%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 19.77% 21.39%
Low Risk 81.23% 72.82%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 0.45%
Margin Margin 0.01%
Interest Rate Swaps Interest Rate Swaps 0.00%
Interest Rate Swaps Interest Rate Swaps 0.00%
Interest Rate Swaps Interest Rate Swaps 0.00%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2023)

  • Standard Deviation

    Low volatility
    0.33vs0.34
    Category Avg
  • Beta

    Low volatility
    0.17vs0.78
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    -4.82vs-5.85
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    -0.09vs-1.6
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.31vs-0.61
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Aditya Birla Sun Life Money Manager Fund - Growth 2 13881.49 0.65 2.15 3.80 6.76 5.01
UTI Money Market Fund - Regular Plan - Growth 5 9117.01 0.64 2.11 3.79 6.70 4.96
Tata Money Market Fund - Regular Plan - Growth 3 9633.18 0.64 2.13 3.77 6.69 4.98
ICICI Prudential Money Market Fund - Growth 4 13434.10 0.65 2.16 3.77 6.65 4.86
Axis Money Market Fund - Growth 3 5368.59 0.65 2.14 3.78 6.64 4.89
Kotak Money Market Fund - Growth 3 15653.51 0.64 2.10 3.74 6.60 4.83
HDFC Money Market Fund - Growth 3 15508.51 0.64 2.10 3.72 6.58 4.91
DSP Savings Fund - Regular Plan - Growth 2 5040.25 0.64 2.09 3.70 6.47 4.47
Franklin India Money Market Fund - Growth 3 1233.59 0.64 2.11 3.71 6.44 4.63
Invesco India Money Market Fund - Growth 4 2405.69 0.61 2.07 3.62 6.33 4.35

More Funds from Nippon India Mutual Fund

Out of 107 mutual fund schemes offered by this AMC, 7 is/are ranked 5 * , 4 is/are ranked 4 * , 11 is/are ranked 3 * , 5 is/are ranked 2 * , 6 is/are ranked 1 * , and 74 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Nippon India Small Cap Fund - Growth 5 26293.50 7.88 12.73 10.72 32.10 47.22
Nippon India Liquid Fund - Growth 3 22982.84 0.58 1.81 3.41 6.24 4.29
Nippon India Liquid Fund - Growth 3 22982.84 0.58 1.81 3.41 6.24 4.29
CPSE ETF NA 20989.19 0.64 6.02 11.46 20.02 32.94
CPSE ETF NA 20989.19 0.65 6.04 11.61 20.53 33.41
Nippon India Multicap Fund - Growth 5 15087.68 5.08 9.75 7.38 28.25 36.09
Nippon India Growth Fund - Growth 4 14143.01 5.65 10.12 5.22 22.94 34.46
Nippon India Large Cap Fund - Growth 5 13432.32 3.67 8.93 5.67 23.88 28.91
Nippon India ETF Nifty 50 BeES 5 12359.15 1.99 5.95 0.84 13.87 24.10
Nippon India ETF Nifty 50 BeES 5 12359.15 1.99 5.95 0.84 13.87 24.10

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