HDFC Money Market Fund Direct Growth
Debt
Direct
Money Market
NAV as on 21-11-2024
₹ 5557.98
Inception Returns
7.3%
/yr
About HDFC Money Market Fund Direct Growth
HDFC Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikash Agarwal. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Money Market Fund Direct Growth has ₹27675 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
HDFC Money Market Fund Direct Growth has given a CAGR return of 7.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.85%, 6.61% and 6.13% respectively.
Holdings
HDFC Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Consumer Cyclical, Industrial, Government, Basic Materials, Tech, Consumer Defensive. Its top holdings are 364 DTB 13032025, 91 DTB 28112024, 08.10 Up SDL 2025, 08.09 AP Sdl 2025, 182 DTB 14112024
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of HDFC Money Market Fund Direct Growth
To generate income / capital appreciation by investing in money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Money Market Fund Direct Growth has no lock in period.
Historical NAV & Returns
HDFC Money Market Fund Direct Growth Overview
| Expense ratio | 0.23% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹27675 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 123.87% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 28K Cr as of Oct'24
- AUM increased by 3K Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Energy
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 13032025 | 1.92% | 0% | |
91 DTB 28112024 | 1.07% | 0% | |
08.10 Up SDL 2025 | 0.86% | 0% | |
08.09 AP Sdl 2025 | 0.77% | 0% | |
182 DTB 14112024 | 0.73% | 1.7% |
Mutual Fund Insights
HDFC Money Market Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹27675 Cr
Expense Ratio 0.23%
Frequently Asked Questions for HDFC Money Market Fund Direct Growth
HDFC Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 7.85% | 7.85% |
3 Years Returns | 21.18% | 6.61% |
5 Years Returns | 34.63% | 6.13% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |