Nippon India Money Market Fund - Daily IDCW Option
(Erstwhile Reliance Money Market Fund-Dividend Plan-Daily Dividend Reinvestment Option)
Fund House: Nippon India Mutual Fund| Category: Debt: Money Market |
| Launch Date: 16-06-2005 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Money Market Fund BI Index |
| TER: 0.36% As on (30-04-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 10000.0 |
| Minimum Topup: 10000.0 |
| Total Assets: 14,774.6 Cr As on (30-04-2024) |
| Turn over: - | Exit Load: Nil |
1004.7789
-0.07 (-0.0066%)
3.67%
Benchmark: 5.39%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to provide optimal return consistent with moderate level of risk and high liquidity. The fund would invest in money market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | 10.8 |
| Alpha | 3.7 |
| Beta | 0.18 |
| Yield to Maturity | 7.65 |
| Average Maturity | 0.68 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Money Market Fund - Daily IDCW Option | 16-06-2005 | 7.43 | 6.9 | 5.83 | 5.59 | 5.87 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.56 | 7.07 | 5.88 | 6.13 | 7.01 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.56 | 7.07 | 5.88 | 6.14 | 7.02 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.54 | 7.02 | 5.87 | 5.99 | 6.91 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.53 | 7.03 | 5.89 | 6.01 | 6.92 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.51 | 7.0 | 5.84 | 6.04 | 6.13 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.49 | 6.97 | 5.78 | 5.96 | 6.87 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.47 | 6.95 | 5.82 | 5.86 | 6.86 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.46 | 6.96 | 5.8 | - | - |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.43 | 6.91 | 5.76 | 6.06 | 6.85 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
