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Nippon India Money Market Fund: An outperformer with conservative style

The fund featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021

Nippon Life Insurance Company, Nippon India Mutual Fund, Reliance Mutual Fund" renamed as  Nippon India Mutual Fund - KAMLESH PEDNEKAR
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The fund has consistently outperformed its peers (funds ranked under the money market funds category in CMFR in June 2021) over the trailing periods under analysis.

CRISIL Research
Nippon India Money Market Fund, launched in June 2005, featured in the top 30 percentile of the money market funds category in CRISIL Mutual Fund Ranking (CMFR) for 10 consecutive quarters ended June 2021. The month-end asset under management of the fund increased from Rs 1,544 crore in August 2018 to Rs 9,952 crore in July 2021.
 
Anju Chhajer has been managing the fund since February 2020. The fund’s investment objective is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in money market instruments.
 
Consistently ahead

The fund has consistently outperformed

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First Published: Aug 29 2021 | 11:21 PM IST

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