Two Cash Market Fund Outperformed Their Benchmark, Given Over 15% SIP Returns In 5 Years

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Nippon India Money Market - Direct Plan-Growth

Nippon India Cash Market – Direct Plan-Progress

This Cash Market Fund was launched on 16 June 2055 by the Nippon India Mutual Fund. It’s an open-ended medium-sized and reasonable dangerous fund of its class.

The Asset Below Administration (AUM) of this fund is Rs 8112.47 crore. The Web Asset worth Or NAV of the fund as of Could 06 2022 is Rs 3355.9651. This fund has an expense ratio of 0.04%, which is much less in comparison its class common expense ratio. 

This funds benchmark is CRISIL Cash Market Fund BI Index. The fund has outperformed its benchmark. The fund is a top-rated fund. It has been rated 5-Star by the CRISIL. It has additionally given promising return efficiency amongst its peer funds. Since its launch, it has delivered 7.34% common annual returns.

For funding on this fund, the minimal funding quantity required is Rs 500 for the Lump-Sum cost, in addition to for added funding. Whereas, for SIP the quantity is Rs 100. There is no such thing as a lock-in interval on this fund.

Portfolio

The fund has 99.26% funding in Debt of which 24.34% in Authorities securities and 74.92% in funds invested in very low-risk securities The fund’s credit score profile may be very excessive indicating it has lent to debtors whose high quality is superb. Most funds on this class lend to raised debtors and therefore the danger of default on this fund is increased than within the class.

SIP Returns

SIP Returns

 

Tenure Absolute Returns Annualised Returns
1 Yr 2.00% 3.73%
2 Yr 4.10% 3.92%
3 Yr 7.14% 4.53%
5 Yr 15.25% 5.62%

Edelweiss Money Market Fund - Direct Plan-Growth

Edelweiss Cash Market Fund – Direct Plan-Progress

This Cash market Mutual fund scheme was launched by the Edelweiss Mutual fund on June 27, 2008. It’s a low to reasonable danger fund. It’s an open-ended medium-sized fund of its class.

The fund has price Rs 311.86 crore of Asset underneath Administration (AUM). Whereas, the fund’s Web Asset Worth (NAV) declared on 06th Could 2022 is Rs 25.26. The fund has an expense ratio of 0.16%, which is lower than its class common expense ratio in comparison. 

Its benchmark is NIFTY Cash Market Index B-I. As talked about, this fund has outperformed its benchmark. The fund has been rated 5-star by the CRISIL. The fund has given promising returns amongst its peer funds. Since its launch, it has delivered 7.62% common annual returns.
To begin funding on this fund, the minimal funding quantity required is Rs 5,000 for the Lump-Sum cost and Rs 500 for added funding. Whereas, for SIP the quantity is Rs 500. There is no such thing as a lock-in interval on this fund.

Portfolio

The fund has 86.86% funding in Debt of which, 86.86% in funds invested in very low-risk securities. The fund’s credit score profile may be very excessive indicating it has lent to debtors whose high quality is superb. Most funds on this class lend to comparable debtors and therefore the danger of default on this fund is similar as within the class.

SIP Returns

SIP Returns

Tenure Absolute Returns Annualised Returns
1 Yr 1.64% 3.05%
2 Yr 3.54% 3.39%
3 Yr 6.96% 4.42%
5 Yr 17.43% 6.36%



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