Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
0%
Asset Size
1873.86 Cr.
(As of 31 Jan, 2021)
Benchmark
CRISIL Money Market TR INR
Riskometer
Investors understand that their principal will be at Moderate Risk.
The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.
Fund manager
Amit Somani
Exit load
2 %
(If redeemed within 180 days)Minimum sip
₹150
Minimum investment
₹5000
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 29042021
13.24%
182 DTB 29072021
6.56%
7.94% Govt Stock 2021
5.41%
91 DTB 29042021
5.29%
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 1 stars by Morning Star Ratings.