Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Investment Plan
0%
Benchmark
CRISIL Liquid Fund TR INR
Asset Size
581.96 Cr.
(As of 31 Dec, 2020)
Risk
Moderately Low
To generate superior risk-adjusted returns by investing in Money Market Instruments.
Fund manager
Nitish Sikand
Exit load
N / A
Minimum sip
₹1000
Minimum investment
₹1000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
364 DTB 04032021
8.55%
182 DTB 13052021
8.49%
364 DTB 10062021
4.24%
182 DTB27052021
4.12%
Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum
This fund is rated 3 stars by Morning Star Ratings.