HDFC Money Market Fund - Direct (G) vs Nippon India ELSS Tax Saver Fund - Direct (G)

HDFC Money Market Fund - Direct (G) vs Nippon India ELSS Tax Saver Fund - Direct (G)

stock1

HDFC Money Market Fund - Direct (G)

8.24%

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Nippon India ELSS Tax Saver Fund - Direct (G)

0.46%

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About Fund

HDFC Bank Limited & Citibank N.A

Computer Age Management Services Pvt. Ltd.

Deutsche Bank AG

Karvy Computershare Pvt. Ltd.

Moderate Risk

100

31769.06

0.5

5866.4951

December 31, 2012

0

Very High Risk

500

15623.15

0.5

141.2996

January 1, 2013

0

6.17 %

7.61 %

8.24 %

25.1 %

21.5 %

0.46 %

Anil Bamboli

B.Com, ICWA, MMS, CFA

Collectively over 24 years of experience in Fund Management and Research, Fixed Income dealing. July 25, 2003 till date: HDFC Asset Management Company Limited. May 1994 - July 2003: SBI Funds Management Pvt. Ltd. Last Position held - Asst. Vice President

Praveen Jain

B.Com. (Hons.), Chartered Accountant, CFA (CFA Institute)

Collectively around 17 years of experience in Credit Research and Treasury September 26, 2007 till date HDFC Asset Management Company Limited august 16, 2005 to September 20, 2007 Larsen & Toubro Limited Last Position Held - Assistant Manager November 3, 2004 to august 12, 2005 Tata Motors Limited Last Position Held - Senior Officer

Vikas Agrawal

B.Com. (Hons.), Chartered Accountant, MS (Finance) - ICFAI

Collectively over 16 years of experience in Fund Management, Fixed income dealing, Forex dealing and research September 21, 2007 till Date HDFC Asset Management Company Limited

Ashwani Kumar

B.Sc., MBA - Finance

He has over 10 years of experience in this industry. Among his past learning is a long stretch with Zurich Asset Management Co. India P. Ltd. where he was the Senior Research Analyst, responsible for tracking automotive, metals, and engineering sectors.

Rupesh Patel

Graduate in engineering from Sardar Patel University, Gujarat and holds a masters in business administration from Sardar Patel University, Gujarat.

From June 2013 till date Fund Manager for schemes of Tata Mutual Fund - Reporting to Chief Investment Officer-Equities. Jan 2012 - June 2013 with Tata Asset Management Ltd. as Principal Officer of Tata Asset Management Ltd - PMS. May 2008 - Jan 2012 with Tata Asset Management Ltd as DGM (Investments). Reporting to Head of Research. Aug 2007 - April 2008 with Indiareit Fund Advisors Pvt. Ltd as Asst. Vice President (Investments). Reporting to Director (Investments). Nov 2001 - Aug 2007 with Credit Analysis & Research Ltd. as Deputy General Manager. Reporting to Executive Director.

Sanjay Parekh

B.com,A.C.A

Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.

Get your FAQs right

When comparing HDFC Money Market Fund - Direct (G) vs Nippon India ELSS Tax Saver Fund - Direct (G), consider factors such as historical performance, expense ratios, investment strategy, risk level, and the fund manager's credibility. Moreover, look at asset allocation and how each fund fits your investment goals.
Yes, you can invest in both HDFC Money Market Fund - Direct (G) and Nippon India ELSS Tax Saver Fund - Direct (G) at the same time. This can help diversify your portfolio and balance risk, provided the fund manager's investment strategies streamline each other.
While comparing HDFC Money Market Fund - Direct (G) and Nippon India ELSS Tax Saver Fund - Direct (G), the portfolio turnover ratio indicates how frequently assets within the fund are bought and sold. A high turnover may lead to higher transaction costs and tax implications, while a low turnover ratio indicates a buy-and-hold strategy.
Yes, you can typically switch between HDFC Money Market Fund - Direct (G) and Nippon India ELSS Tax Saver Fund - Direct (G), subject to the fund's policies and any applicable fees. It is important to consider potential tax implications and the timing of your switch.
Yes, you can compare HDFC Money Market Fund - Direct (G) and Nippon India ELSS Tax Saver Fund - Direct (G) based on their dividend payouts. Look at dividends profit, consistency, and growth, as these factors can influence your overall return on investment.

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