Nippon India Money Market Fund - Direct Plan Growth Plan - Growth Option
(Erstwhile Reliance Money Market Fund - Direct Plan Growth Plan - Growth Option)
Fund House: Nippon India Mutual Fund| Category: Debt: Money Market |
| Launch Date: 01-01-2013 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market Index A-I |
| TER: 0.25% As on (30-04-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 17,771.77 Cr As on 30-04-2025(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
4184.0746
0.9 (0.0215%)
7.38%
Benchmark: 6.37%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D 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 | 0.54 |
| Sharpe Ratio | 1.05 |
| Alpha | 2.95 |
| Beta | 1.19 |
| Yield to Maturity | 6.84 |
| Average Maturity | 0.76 |
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 - Direct Plan Growth Plan - Growth Option | 01-01-2013 | 8.24 | 7.92 | 7.54 | 6.16 | 6.94 |
| Franklin India Money Market Fund - Growth Option | 11-02-2002 | 8.13 | 7.73 | 7.28 | 5.85 | 6.85 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 8.13 | 7.81 | 7.42 | 6.05 | 6.82 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 8.11 | 7.76 | 7.37 | 5.99 | - |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 8.1 | 7.76 | 7.38 | 5.98 | 6.79 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 8.08 | 7.78 | 7.41 | 6.03 | 6.83 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 8.06 | 7.76 | 7.38 | 6.05 | 6.04 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 8.05 | 7.73 | 7.34 | 5.96 | 6.76 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 8.05 | 7.77 | 7.42 | 6.08 | 6.91 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 8.05 | 7.77 | 7.42 | 6.08 | 6.92 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
