Nippon India Money Market Fund - Daily Dividend

4
Money Market NAV 1005.1532 -0 27 October, 2020
  • 7.36%
  • 9Y 10M
Nippon India Money Market Fund - Daily Dividend was previously known as

Reliance Money Market Fund - Daily Dividend

Fund Details

Category Money Market
Fund Type Open Ended
Investment Plan Dividend
Launch Date 16 June, 2005
Benchmark CRISIL Liquid Fund Index
Asset Size(Cr) 5762 (As on Sept 30, 2020)
Min Investment ₹ 500
Min SIP Investment ₹ 500
Min Addl Investment ₹ 10000
Exit Load
Expense Ratio 0.25% (As on August 31, 2020)
Fund Manager Anju Chhajer

Investment Returns (As on 27 Oct, 2020)

  • 3 Month 1.1%
  • 6 Month 3.03%
  • 1 Year 6.42%
  • 3 Year 7.47%
  • 5 Year 7.36%
Graph
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Disclaimer: Above returns are calculated on the basis of historical NAV movement for the selected period. However, historical performance does not guarantee future returns. Investors must take investment decisions based on his/her own requirements.

Peer Comparison

Fund Name 1 Yr Rtn. 3 Yr Rtn. 5 Yr Rtn.
Nippon India Money Market Fund - Daily Dividend 6.42% 7.47% 7.36%
ICICI Prudential Money Market Fund (G) 6.68% 7.43% 7.36%
SBI Savings Fund (G) 6.15% 6.86% 7.14%
Aditya Birla Sun Life Money Manager Fund (G) 7.05% 0.45% 3.15%

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