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Anni
Asked: 2026-03-18T20:32:57+00:00 In:

Can Invest on MMF and NIDF same time?

Please I want to know if as a beginner learning about investment, can someone invest in money market mutual funds and also NIDF same time?

money market fundsNIDF

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2 Answers

  2. Danny

    As a beginner it is best advisable to start with money market mutual fund(MMMF) as it is simple and easy NIDF is also beginner friendly but it doesn't pays interest daily like how MMMF does but you will receive dividends when it's is declared

    As a beginner it is best advisable to start with money market mutual fund(MMMF) as it is simple and easy

    NIDF is also beginner friendly but it doesn’t pays interest daily like how MMMF does but you will receive dividends when it’s is declared

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