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Fund Overview

Fund Size

Fund Size

₹12,205 Cr

Expense Ratio

Expense Ratio

0.24%

ISIN

ISIN

INF204K01ZP3

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Nippon India Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 3 months and 18 days, having been launched on 01-Jan-13.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹3838.04, Assets Under Management (AUM) of 12205.32 Crores, and an expense ratio of 0.24%.
  • Nippon India Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 23.66% in debts, and 76.07% in cash & cash equivalents.
  • You can start investing in Nippon India Money Market Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.71%

+1.70%(Cat. Avg.)

3 Years

+5.97%

--%(Cat. Avg.)

5 Years

+6.14%

--%(Cat. Avg.)

10 Years

+7.05%

--%(Cat. Avg.)

Since Inception

+7.31%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt2,888.35 Cr23.66%
Others9,316.97 Cr76.34%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Current AssetsCash-1,044.68 Cr8.56%
Bank Of BarodaCash - CD/Time Deposit468.65 Cr3.84%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit467.81 Cr3.83%
HDFC Bank LimitedCash - CD/Time Deposit418.38 Cr3.43%
182 DTB 29082024Bond - Gov't/Treasury388.8 Cr3.19%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit379.86 Cr3.11%
Panatone Finvest LimitedCash - Commercial Paper375.6 Cr3.08%
Union Bank Of IndiaCash - CD/Time Deposit374.22 Cr3.07%
Axis Bank LimitedCash - CD/Time Deposit289.89 Cr2.38%
Punjab National BankCash - CD/Time Deposit281.87 Cr2.31%
IDFC First Bank LimitedCash - CD/Time Deposit281.56 Cr2.31%
Punjab National BankCash - CD/Time Deposit280.71 Cr2.30%
Indusind Bank LimitedCash - CD/Time Deposit280.64 Cr2.30%
HDFC Bank LimitedCash - CD/Time Deposit280.61 Cr2.30%
Indusind Bank Ltd.Bond - Corporate Bond279.7 Cr2.29%
07.38% MP Sdl 2025Bond - Gov't/Treasury275.48 Cr2.26%
08.10 JH Sdl 2025Bond - Gov't/Treasury251.97 Cr2.06%
08.06 AP Sdl 2025Bond - Gov't/Treasury251.77 Cr2.06%
Punjab National BankCash - CD/Time Deposit237.79 Cr1.95%
08.09 Ts SDL 2025Bond - Gov't/Treasury236.63 Cr1.94%
Bank Of BarodaCash - CD/Time Deposit234.91 Cr1.92%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit234.77 Cr1.92%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit234.29 Cr1.92%
AU Small Finance Bank Ltd.Bond - Corporate Bond232.5 Cr1.90%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit189.67 Cr1.55%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper189.25 Cr1.55%
Axis Bank LimitedCash - CD/Time Deposit188.86 Cr1.55%
Canara BankCash - CD/Time Deposit188.67 Cr1.55%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit188.58 Cr1.55%
Union Bank Of IndiaCash - CD/Time Deposit188.55 Cr1.54%
The Federal Bank LimitedCash - CD/Time Deposit186.48 Cr1.53%
Bharti Telecom LimitedCash - Commercial Paper185.7 Cr1.52%
182 DTB 22082024Bond - Gov't/Treasury170.33 Cr1.40%
India (Republic of)Bond - Short-term Government Bills145.21 Cr1.19%
ICICI Bank LimitedCash - CD/Time Deposit144.65 Cr1.19%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit141.46 Cr1.16%
Infina Finance Private LimitedCash - Commercial Paper141.29 Cr1.16%
India (Republic of)Bond - Short-term Government Bills140.4 Cr1.15%
Tata Capital Housing Finance LimitedCash - Commercial Paper140.37 Cr1.15%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper139.54 Cr1.14%
Godrej Housing Finance LimitedCash - Commercial Paper139.4 Cr1.14%
Shriram Finance Ltd.Cash - Commercial Paper138.71 Cr1.14%
IIFL Securities LimitedCash - Commercial Paper138.17 Cr1.13%
The Federal Bank LimitedCash - CD/Time Deposit118.81 Cr0.97%
India (Republic of)Bond - Short-term Government Bills117.78 Cr0.96%
Pilani Investment And Industries Corporation Ltd.Cash - Commercial Paper117.21 Cr0.96%
The Federal Bank LimitedCash - CD/Time Deposit117.01 Cr0.96%
ICICI Bank LimitedCash - CD/Time Deposit100.64 Cr0.82%
Sembcorp Energy India LimitedCash - Commercial Paper98.29 Cr0.81%
JM Financial Services LimitedCash - Commercial Paper97.95 Cr0.80%
India (Republic of)Bond - Short-term Government Bills97.47 Cr0.80%
The Federal Bank LimitedCash - CD/Time Deposit95.17 Cr0.78%
Standard Chartered Capital LimitedCash - Commercial Paper94.94 Cr0.78%
Barclays Investments & Loans (India) LimitedCash - Commercial Paper94.8 Cr0.78%
Axis Bank LimitedCash - CD/Time Deposit94.36 Cr0.77%
Canara BankCash - CD/Time Deposit94.22 Cr0.77%
Birla Group Holdings Private LimitedCash - Commercial Paper94.17 Cr0.77%
Small Industries Development Bank of IndiaBond - Corporate Bond93.52 Cr0.77%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit93.4 Cr0.77%
Indusind Bank LimitedCash - CD/Time Deposit93.36 Cr0.76%
Deutsche Investments India Private LimitedCash - Commercial Paper93.3 Cr0.76%
Export-Import Bank of IndiaCash - CD/Time Deposit93.11 Cr0.76%
Mahindra & Mahindra Financial Services Ltd.Cash - Commercial Paper92.95 Cr0.76%
Bahadur Chand Investments Private LimitedCash - Commercial Paper92.9 Cr0.76%
7.35% Govt Stock 2024Bond - Gov't/Treasury90.03 Cr0.74%
Muthoot Finance LimitedCash - Commercial Paper74.25 Cr0.61%
Axis Bank LimitedCash - CD/Time Deposit71.41 Cr0.59%
06.69 MP Sdl 2025Bond - Gov't/Treasury54.76 Cr0.45%
Deutsche Investments India Private LimitedCash - Commercial Paper49.37 Cr0.40%
Indusind Bank LimitedCash - CD/Time Deposit48.27 Cr0.40%
Deutsche Investments India Private LimitedCash - Commercial Paper47.45 Cr0.39%
HDFC Bank LimitedCash - CD/Time Deposit46.71 Cr0.38%
Birla Group Holdings Private LimitedCash - Commercial Paper46.57 Cr0.38%
Bahadur Chand Investments Private LimitedCash - Commercial Paper46.39 Cr0.38%
Birla Group Holdings Private LimitedCash - Commercial Paper46.3 Cr0.38%
0% GOI- 17122024 STRIPSBond - Gov't/Treasury44.28 Cr0.36%
08.29 RJ UDAY 2024Bond - Gov't Agency Debt43.57 Cr0.36%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit42.39 Cr0.35%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End32.19 Cr0.26%
0% GOI - 12122024 STRIPSBond - Gov't/Treasury25.45 Cr0.21%
08.43 RJ Sdl 2024Bond - Gov't/Treasury25.19 Cr0.21%
India (Republic of)Bond - Short-term Government Bills24.79 Cr0.20%
Muthoot Finance LimitedCash - Commercial Paper24.64 Cr0.20%
Axis Bank LimitedCash - CD/Time Deposit24.6 Cr0.20%
HDFC Bank Ltd.Bond - Corporate Bond23.42 Cr0.19%
LIC Housing Finance Ltd.Bond - Corporate Bond23.34 Cr0.19%
Standard Chartered Securities India LimitedCash - Commercial Paper23.23 Cr0.19%
Standard Chartered Capital LimitedCash - Commercial Paper23.21 Cr0.19%
Standard Chartered Securities India LimitedCash - Commercial Paper23.17 Cr0.19%
0% GOI - 15122024 STRIPSBond - Gov't/Treasury5.32 Cr0.04%
08.12 AS Sdl 2025Bond - Gov't/Treasury5.04 Cr0.04%
Triparty RepoCash - Repurchase Agreement3.26 Cr0.03%
Cash Margin - CcilCash - Collateral2.1 Cr0.02%
GS CG 12/6/2024 - (STRIPS) TBBond - Gov't/Treasury0.22 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit7,296.34 Cr59.78%
Cash - Commercial Paper2,869.14 Cr23.51%
Bond - Gov't/Treasury1,825.27 Cr14.95%
Cash-1,044.68 Cr8.56%
Bond - Corporate Bond652.48 Cr5.35%
Bond - Short-term Government Bills525.65 Cr4.31%
Bond - Gov't Agency Debt43.57 Cr0.36%
Mutual Fund - Open End32.19 Cr0.26%
Cash - Repurchase Agreement3.26 Cr0.03%
Cash - Collateral2.1 Cr0.02%

Risk & Performance Ratios

Standard Deviation

This fund

0.55%

Cat. avg.

0.68%

Lower the better

Sharpe Ratio

This fund

1.47

Cat. avg.

-0.17

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

Higher the better

Fund Managers

Anju Chhajer

Anju Chhajer

Since February 2020

KD

Kinjal Desai

Since July 2018

Additional Scheme Detailsas of 31st March 2024

ISININF204K01ZP3Expense Ratio0.24%Exit LoadNo ChargesFund Size₹12,205 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Money Market TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹400.39 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹202.26 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹99.85 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹99.85 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹21.45 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

0.6%0.0%₹21.45 Cr6.5%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹14015.19 Cr7.6%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1445.96 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18272.41 Cr7.5%

About the AMC

Total AUM

₹4,42,327 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.9%1.0%₹1354.69 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Moderate Risk

-0.0%₹52.30 Cr7.1%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.1%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.36 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.1%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹159.50 Cr7.6%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.92 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹82.89 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.93 Cr6.4%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹58.87 Cr7.7%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.21 Cr6.4%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹294.42 Cr7.3%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹13895.86 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.6%0.0%₹1546.55 Cr7.5%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5307.29 Cr29.6%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹4528.93 Cr77.3%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4559.36 Cr7.4%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹24796.00 Cr56.1%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹27745.59 Cr52.1%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1709.27 Cr20.1%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7942.80 Cr7.7%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Nippon India Money Market Fund Direct Growth, as of 18-Apr-2024, is ₹3838.04.
The fund has generated 7.71% over the last 1 year and 5.97% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 23.66% in bonds, and 76.07% in cash and cash equivalents.
The fund managers responsible for Nippon India Money Market Fund Direct Growth are:-
  1. Anju Chhajer
  2. Kinjal Desai