Nippon India Money Market Fund-Growth Plan-Growth Option

(Erstwhile Reliance Money Market Fund-Growth Plan-Growth Option)

Category: Debt: Money Market
Launch Date: 01-06-2005
Asset Class: Fixed Income
Benchmark: CRISIL Money Market Fund BI Index
Expense Ratio: 0.36% As on (31-03-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 12,205.32 Cr As on (31-03-2024)
Turn over:
NAV as on 03-05-2024

3804.7283

0.9 (0.0235%)

CAGR Since Inception

7.33%

CRISIL Money Market Fund BI Index 5.38%

PERFORMANCE of Nippon India Money Market Fund-Growth Plan-Growth Option

Scheme Performance (%) Data as on - 03-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Nippon India Money Market Fund-Growth Plan-Growth Option 7.56 5.86 6.04 6.93 7.33
Benchmark - - - - -
Debt: Money Market 7.17 5.46 5.75 6.68 6.35

Yearly Performance (%)

Nav Movement

Fund Managers

Anju Chhajer

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.

RETURNS CALCULATOR for Nippon India Money Market Fund-Growth Plan-Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Nippon India Money Market Fund-Growth Plan-Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Money Market Fund-Growth Plan-Growth Option 0.55 0.88 2.78 1.2 7.77 0.85
Debt: Money Market - - - - - -

PEER COMPARISION of Nippon India Money Market Fund-Growth Plan-Growth Option

Period
Data as on - 03-05-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Nippon India Money Market Fund-Growth Plan-Growth Option 01-06-2005 7.56 6.85 5.86 6.04 6.93
Aditya Birla Sun Life Money Manager Fund - Growth 10-10-2005 7.59 6.83 5.84 6.16 7.02
Aditya Birla Sun Life Money Manager Fund - Retail Growth 05-06-2003 7.59 6.83 5.85 6.16 7.03
UTI MMF - Regular Plan - Growth Option 01-07-2009 7.57 6.84 5.84 6.01 6.91
Tata Money Market Fund-Regular Plan - Growth Option 20-05-2003 7.55 6.78 5.8 6.06 6.14
ICICI Prudential Money Market Fund Option - Growth 01-03-2006 7.53 6.76 5.74 5.98 6.88
Kotak Money Market Fund - (Growth) 14-07-2003 7.51 6.76 5.78 5.89 6.87
Axis Money Market Fund - Regular Plan - Growth Option 05-08-2019 7.5 6.76 5.77 0.0 0.0
HDFC Money Market Fund - Growth Option 05-11-1999 7.46 6.7 5.73 6.09 6.86
Franklin India Money Market Fund - Growth Option 11-02-2002 7.41 6.57 5.56 5.91 6.94

PORTFOLIO ANALYSIS of Nippon India Money Market Fund-Growth Plan-Growth Option

Asset Allocation (%)