Nippon India Money Market Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.59 | 5.75 | 6.01 | 6.72 |
Average Rolling Returns(%) | 7.47 | 7.41 | 7.74 | 7.86 |
The Current NAV of Nippon India Money Market Fund - Growth is ₹3799.46.
It is better to invest in a fund with a longer track record as Nippon India Money Market Fund - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Money Market Index returns, as Funds portfolio is significantly different.
Nippon India Money Market Fund - Growth fund’s expense ratio is 0.36%
The process for redemption is
The AUM of Nippon India Money Market Fund - Growth is currently ₹12,205 Crores.
The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.
Top three sectors of Nippon India Money Market Fund - Growth fund are Others, Miscellaneous and accounting for 116% of the total portfolio.
Since this is a Debt - Money Market Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Money Market Fund - Growth Fund is Debt - Money Market Fund.
Anju Chhajer manages the Nippon India Money Market Fund - Growth Fund.
Nippon India Money Market Fund - Growth current PE ratio is 0.00 and PB ratio is 0.00
The asset allocation of Nippon India Money Market Fund - Growth is Stocks : 0%, Debt : 100% and Gold : 0.26%
The minimum SIP amount for Nippon India Money Market Fund - Growth is ₹100.00 and minimum lumpsum is ₹500.00
The exit load for Nippon India Money Market Fund - Growth is Nil