HDFC Money Market Fund Direct Growth
NAV as on 17-04-2025
₹ 5751.96
Inception Returns
7.4%
/yr
Historical NAV & Returns
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 . This fund is suitable to keep your money safe.
Key Parameters
- HDFC Money Market Fund Direct Growth has ₹26034 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 7.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.09%, 7.28% and 6.31% respectively.
Holdings
HDFC Money Market Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Energy, Consumer Cyclical, Industrial, Basic Materials, Tech, Consumer Defensive. Its top holdings are National Bank For Agriculture & Rural Development**, Punjab National Bank, Punjab National Bank, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development
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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.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.
HDFC Money Market Fund Direct Growth Overview
| Expense ratio | 0.23% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹26034 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 123.87% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 26K Cr as of Mar'25
- AUM decreased by 1.4K Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture & Rural Development** | 3.33% | 100% | |
Punjab National Bank | 3% | 0% | |
Punjab National Bank | 2.87% | 0% | |
Small Industries Development Bank Of India | 2.79% | 0% | |
National Bank For Agriculture And Rural Development | 2.72% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC Money Market Fund Direct Growth | 8.09% | 7.28% | 6.31% | 7.37% |
 Tata Money Market Fund Direct Plan Growth | 8.21% | 7.43% | 6.42% | 6.77% |
 ICICI Prudential Money Market Fund Direct Plan Growth | 8.09% | 7.27% | 6.23% | 7.33% |
 Aditya Birla Sun Life Money Manager Fund Direct Plan Growth | 8.08% | 7.32% | 6.34% | 7.47% |
Mutual Fund Insights
HDFC Money Market Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹26034 Cr
Expense Ratio 0.23%
More funds from HDFC
1Y CAGR
▲ 12.78
1Y CAGR
▲ 12.67
1Y CAGR
▲ 12.56
1Y CAGR
▲ 12.48
5Y CAGR
▲ 6.68
Frequently Asked Questions for HDFC Money Market Fund Direct Growth
HDFC Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.2% | 1.2% |
6 Month Returns | 4.2% | 4.2% |
1 Year Returns | 8.09% | 8.09% |
3 Years Returns | 23.47% | 7.28% |
- 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 |