HDFC Money Market Fund Direct Growth

HDFC Money Market Fund Direct Growth

NAV as on 28-03-2025

₹ 5713.77

0.2%

1D

Inception Returns

7.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
652 people have invested ₹ 2.1Cr in HDFC Money Market Fund Direct Growth in the last three months

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

  1. HDFC Money Market Fund Direct Growth has ₹27930 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Money Market Fund Direct Growth has given a CAGR return of 7.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.87%, 7.09% and 6.29% 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 and Rural Development, Punjab National Bank, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, LIC Housing Finance Limited

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 ratio0.23%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹27930 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
123.87%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (28-Mar-25)

Period
HDFC Money Market Fund Direct Growth
Money Market Index
1M
0.8%
0.6%
3M
2.1%
1.6%
6M
4%
3.1%
1Y
7.9%
6.6%
3Y
7.1%
6.4%
5Y
6.3%
5.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
49.7%
Cash Equivalent
33.1%
Government
17.2%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 27.4K Cr
₹ 27.4K Cr
₹ 24.8K Cr
  • AUM of the fund stands at 27.4K Cr as of Feb'25
  • AUM increased by 32.6 Cr between Feb'25 and Jan'25
Top Stocks sold last month
Small Industries Development Bank of India's allocation decreased from 5.26 % to 1.52 %
Small Industries Development Bank of India's allocation decreased from 5.26 % to 1.52 %
Cash allocation has gone down from 93.2% to 90.3%
Cash allocation has gone down from 93.2% to 90.3%
Debt allocation has gone up from 6.6% to 9.4%
Debt allocation has gone up from 6.6% to 9.4%

Top 3 Sectors in February were Financial Services, Corporate & Energy

Feb'25
Financial Services
69%
Corporate
50%
Government
17%
Jan'25
Financial Services
69%
Corporate
42%
Energy
10%
  • Debt & Cash

Holdings
Weight%
1M Change
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
3.08%
100%
Punjab National Bank
Punjab National Bank
2.78%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.59%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.52%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
2.51%
0%
Loading...
We are taking more time than usual
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.05L Cr
as on 28-Feb-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.99% return, outperforming this fund by 0.12%.
Insights icon
This fund with AUM at ₹27929.77Cr is among the largest funds in the money market category.
Insights icon
Over the last 3 months, this fund has experienced a 11.7% growth in AUM moving from 25.01K Cr to 27.92K Cr.
Insights icon
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 7.24% return, outperforming this fund by 0.14% per annum.
Insights icon
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.37% return, outperforming this fund by 0.09% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (money market). Its expense ratio is 0.23% which is lower than the category average expense ratio of 0.31%.

HDFC Money Market Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.35% since inception which is more than its category average return of 5.5%
AUM size ₹27930 Cr

AUM size ₹27930 Cr

This fund has AUM of ₹27930 Cr which is more than its category average of ₹ 10722 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.33%

More funds from HDFC

HDFC Nifty G-Sec Jun 2036 Index Fund Direct Growth

HDFC Nifty G-Sec Jun 2036 Index Fund Direct Growth

1Y CAGR

▲ 10.43

HDFC Nifty G-Sec Sep 2032 Index Fund Direct Growth

HDFC Nifty G-Sec Sep 2032 Index Fund Direct Growth

1Y CAGR

▲ 10.04

HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

1Y CAGR

▲ 10.02

HDFC Gilt Fund Direct Plan Growth Option

HDFC Gilt Fund Direct Plan Growth Option

5Y CAGR

▲ 6.45

HDFC Long Duration Debt Fund Direct Growth

HDFC Long Duration Debt Fund Direct Growth

1Y CAGR

▲ 9.51

Frequently Asked Questions for HDFC Money Market Fund Direct Growth

The current NAV of HDFC Money Market Fund Direct Growth is ₹5713.77 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
HDFC Money Market Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.84%
0.84%
6 Month Returns
3.98%
3.98%
1 Year Returns
7.87%
7.87%
3 Years Returns
22.83%
7.09%
5 Years Returns
35.64%
6.29%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.23% as on March 2025
₹27930 Cr as on March 2025
National Bank for Agriculture and Rural Development(3.08%), Punjab National Bank(2.78%), Small Industries Development Bank Of India(2.59%), National Bank For Agriculture And Rural Development(2.52%), LIC Housing Finance Limited(2.51%) as on March 2025
Corporate(48.99%), Cash Equivalent(29.33%), Government(21.68%) as on March 2025
Yield to Maturity is 7.59 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.69 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of HDFC Money Market Fund Direct Growth is 0%