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HDFC Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (06-Jun-25)
₹5825.190.15%1D
Returns (Since Inception)
7.40%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹30,474 Cr
Expense Ratio
0.23%
ISIN
INF179KB1HU9
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
HDFC Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 12 years, 5 months and 8 days, having been launched on 01-Jan-13.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹5825.19, Assets Under Management (AUM) of 30473.53 Crores, and an expense ratio of 0.23%.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹5825.19, Assets Under Management (AUM) of 30473.53 Crores, and an expense ratio of 0.23%.
- HDFC Money Market Fund Direct Growth has given a CAGR return of 7.40% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 19.40% in debts, and 80.37% in cash & cash equivalents.
- You can start investing in HDFC Money Market Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.45%
+7.56% (Cat Avg.)
3 Years
+7.60%
+7.06% (Cat Avg.)
5 Years
+6.24%
+5.90% (Cat Avg.)
10 Years
+6.98%
+6.51% (Cat Avg.)
Since Inception
+7.40%
— (Cat Avg.)
Portfolio Summaryas of 15th May 2025
| Debt | ₹5,912.41 Cr | 19.40% |
| Others | ₹24,561.12 Cr | 80.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹876.91 Cr | 2.88% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹791.07 Cr | 2.60% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹757.77 Cr | 2.49% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹736.49 Cr | 2.42% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹717.43 Cr | 2.35% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹713.56 Cr | 2.34% |
| Net Current Assets | Cash | ₹-605.98 Cr | 1.99% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹574.66 Cr | 1.89% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹573.22 Cr | 1.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹572.27 Cr | 1.88% |
| Canara Bank | Cash - CD/Time Deposit | ₹529.2 Cr | 1.74% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹526.67 Cr | 1.73% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹525.6 Cr | 1.72% |
| 07.35 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹485.42 Cr | 1.59% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹479.42 Cr | 1.57% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹478.1 Cr | 1.57% |
| 364 Days Tbill (Md 05/03/2026) | Bond - Gov't/Treasury | ₹477.84 Cr | 1.57% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹476.77 Cr | 1.56% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹474.88 Cr | 1.56% |
| Bank Of Baroda** | Cash - CD/Time Deposit | ₹474.35 Cr | 1.56% |
| LIC Housing Finance Limited** | Cash - Commercial Paper | ₹473.39 Cr | 1.55% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹472.82 Cr | 1.55% |
| Bank Of India | Cash - CD/Time Deposit | ₹429.35 Cr | 1.41% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹429.27 Cr | 1.41% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹429.19 Cr | 1.41% |
| Tata Teleservices (Maharashtra) Ltd | Cash - Commercial Paper | ₹386.26 Cr | 1.27% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹385.7 Cr | 1.27% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹384.96 Cr | 1.26% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹382.54 Cr | 1.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹381.6 Cr | 1.25% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹380.88 Cr | 1.25% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹380.37 Cr | 1.25% |
| 364 Days Tbill Red 12-03-2026 | Bond - Gov't/Treasury | ₹334.13 Cr | 1.10% |
| Punjab National Bank (18/03/2026) | Cash - CD/Time Deposit | ₹331.64 Cr | 1.09% |
| Bank Of India | Cash - CD/Time Deposit | ₹289.3 Cr | 0.95% |
| 364 DTB 12022026 | Bond - Gov't/Treasury | ₹287.59 Cr | 0.94% |
| 364 Days Tbill Mat 200226 | Bond - Gov't/Treasury | ₹287.24 Cr | 0.94% |
| Canara Bank | Cash - CD/Time Deposit | ₹287.01 Cr | 0.94% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹286.7 Cr | 0.94% |
| Bank Of India | Cash - CD/Time Deposit | ₹286.43 Cr | 0.94% |
| Canara Bank | Cash - CD/Time Deposit | ₹286.31 Cr | 0.94% |
| Indian Bank (12/03/2026) | Cash - CD/Time Deposit | ₹284.54 Cr | 0.93% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹260.26 Cr | 0.85% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹243.87 Cr | 0.80% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹241.05 Cr | 0.79% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹239.91 Cr | 0.79% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹238.44 Cr | 0.78% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹238.02 Cr | 0.78% |
| SMFG India Cr Co.Ltd. | Cash - Commercial Paper | ₹235.2 Cr | 0.77% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹218.77 Cr | 0.72% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹216.1 Cr | 0.71% |
| 6.99% Govt Stock 2026 | Bond - Gov't/Treasury | ₹201.98 Cr | 0.66% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹191.62 Cr | 0.63% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹191.14 Cr | 0.63% |
| Tata Capital Limited | Cash - Commercial Paper | ₹191.11 Cr | 0.63% |
| 364 DTB 19mar2026 | Bond - Gov't/Treasury | ₹190.73 Cr | 0.63% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹190.64 Cr | 0.63% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹190.39 Cr | 0.62% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹190.18 Cr | 0.62% |
| Export Import Bank Of India** | Cash - CD/Time Deposit | ₹189.98 Cr | 0.62% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹188.88 Cr | 0.62% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹188.7 Cr | 0.62% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹188.63 Cr | 0.62% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹187.73 Cr | 0.62% |
| Sundaram Finance Limited | Cash - Commercial Paper | ₹169.68 Cr | 0.56% |
| Sharekhan Limited | Cash - Commercial Paper | ₹149.28 Cr | 0.49% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹144.3 Cr | 0.47% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹143.14 Cr | 0.47% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹142.61 Cr | 0.47% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹142.52 Cr | 0.47% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹142.31 Cr | 0.47% |
| Infina Finance Pvt Ltd. | Cash - Commercial Paper | ₹141.93 Cr | 0.47% |
| Indian Bank | Bond - Gov't Agency Debt | ₹140.86 Cr | 0.46% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹140.85 Cr | 0.46% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹117.36 Cr | 0.39% |
| GIC Housing Finance Ltd. | Cash - Commercial Paper | ₹116.65 Cr | 0.38% |
| 08.20 GJ Sdl 2025dec | Bond - Gov't/Treasury | ₹116.37 Cr | 0.38% |
| 08.52 Ts SDL 2026 | Bond - Gov't/Treasury | ₹111.92 Cr | 0.37% |
| 182 DTB 27062025 | Bond - Gov't/Treasury | ₹104.31 Cr | 0.34% |
| Uttarakhand (Government of) 7.36% | Bond - Sub-sovereign Government Debt | ₹101.13 Cr | 0.33% |
| 0% Goi - 16dec25 Strips | Bond - Gov't/Treasury | ₹97.22 Cr | 0.32% |
| 08.76 MP Sdl 2026 | Bond - Gov't/Treasury | ₹96.91 Cr | 0.32% |
| Sharekhan Limited | Cash - Commercial Paper | ₹96.76 Cr | 0.32% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.46 Cr | 0.32% |
| IDBI Bank Limited (Industrial Development Bank Of India Ltd) | Cash - CD/Time Deposit | ₹96.38 Cr | 0.32% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹96.36 Cr | 0.32% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹96.3 Cr | 0.32% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹96.25 Cr | 0.32% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹96.17 Cr | 0.32% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹96.01 Cr | 0.32% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹96 Cr | 0.32% |
| Indian Bank | Cash - CD/Time Deposit | ₹95.88 Cr | 0.31% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹95.85 Cr | 0.31% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹95.82 Cr | 0.31% |
| Tata Capital Limited | Cash - Commercial Paper | ₹95.52 Cr | 0.31% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹95.52 Cr | 0.31% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹95.35 Cr | 0.31% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹95.19 Cr | 0.31% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹95.18 Cr | 0.31% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹95.14 Cr | 0.31% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹95.09 Cr | 0.31% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹95.08 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.99 Cr | 0.31% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹94.95 Cr | 0.31% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹94.94 Cr | 0.31% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹94.8 Cr | 0.31% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹94.74 Cr | 0.31% |
| Export Import Bank Of India (20/03/2026) | Cash - CD/Time Deposit | ₹94.73 Cr | 0.31% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹94.57 Cr | 0.31% |
| Icici Securities Limited | Cash - Commercial Paper | ₹94.53 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.44 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.24 Cr | 0.31% |
| Goi 19.09.2025 Gov | Bond - Gov't/Treasury | ₹86.27 Cr | 0.28% |
| 07.99 KL Sdl 2025 | Bond - Gov't/Treasury | ₹75.63 Cr | 0.25% |
| Indian Bank | Cash - CD/Time Deposit | ₹71.78 Cr | 0.24% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹71.47 Cr | 0.23% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹71.43 Cr | 0.23% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹71.35 Cr | 0.23% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹69.29 Cr | 0.23% |
| 08.22 KA Sdl 2025 | Bond - Gov't/Treasury | ₹65.78 Cr | 0.22% |
| 08.23 CG Sdl 2025 | Bond - Gov't/Treasury | ₹61.73 Cr | 0.20% |
| 08.53 Tn SDL 2026 | Bond - Gov't/Treasury | ₹61.19 Cr | 0.20% |
| Goi 12.09.2025 Gov | Bond - Gov't/Treasury | ₹61.03 Cr | 0.20% |
| Goi 15.12.2025 Gov | Bond - Gov't/Treasury | ₹59.15 Cr | 0.19% |
| Gs CG 12/12/2025 - (Strips) Tb | Bond - Gov't/Treasury | ₹58.91 Cr | 0.19% |
| 08.38 Tn SDL 2026 | Bond - Gov't/Treasury | ₹55.86 Cr | 0.18% |
| 08.28 KA Sdl 2026 | Bond - Gov't/Treasury | ₹50.88 Cr | 0.17% |
| 08.27 Ts SDL 2025 | Bond - Gov't/Treasury | ₹50.65 Cr | 0.17% |
| 08.12 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.5 Cr | 0.17% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹49.36 Cr | 0.16% |
| Goi Strips 06092025 | Bond - Gov't/Treasury | ₹48.98 Cr | 0.16% |
| Hero Housing Finance Limited | Cash - Commercial Paper | ₹48.89 Cr | 0.16% |
| Tata Capital Housing Finance Limited | Cash - Commercial Paper | ₹48.81 Cr | 0.16% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹48.32 Cr | 0.16% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹48.19 Cr | 0.16% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.88 Cr | 0.16% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹47.86 Cr | 0.16% |
| Smfg India Credit Company Ltd. | Cash - Commercial Paper | ₹47.5 Cr | 0.16% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹47.21 Cr | 0.15% |
| Muthoot Finance Ltd. | Bond - Corporate Bond | ₹47.15 Cr | 0.15% |
| Muthoot Finance Limited** | Cash - Commercial Paper | ₹47.11 Cr | 0.15% |
| 08.02 Up SDL 2026 | Bond - Gov't/Treasury | ₹46.97 Cr | 0.15% |
| 08.21 MH Sdl 2025 | Bond - Gov't/Treasury | ₹45.54 Cr | 0.15% |
| GS CG 22/8/2025 - (STRIPS) Strips | Bond - Gov't/Treasury | ₹44.88 Cr | 0.15% |
| Goi 22.10.2025 Strips | Bond - Gov't/Treasury | ₹42.44 Cr | 0.14% |
| Gs CG 19/12/2025 - (Strips) Tb | Bond - Gov't/Treasury | ₹34.45 Cr | 0.11% |
| 08.67 KA Sdl 2026 | Bond - Gov't/Treasury | ₹25.49 Cr | 0.08% |
| 08.27 Tn SDL 2026 | Bond - Gov't/Treasury | ₹25.35 Cr | 0.08% |
| 06.18 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹25.05 Cr | 0.08% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹24.57 Cr | 0.08% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹24.34 Cr | 0.08% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹24.29 Cr | 0.08% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹24.17 Cr | 0.08% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹24.01 Cr | 0.08% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹23.94 Cr | 0.08% |
| GS CG 17/12/2025 - (STRIPS) Strips | Bond - Gov't/Treasury | ₹18.76 Cr | 0.06% |
| 08.49 Tn SDL 2026 | Bond - Gov't/Treasury | ₹15.26 Cr | 0.05% |
| 06.18 GJ Sdl 2026 25 Jan | Bond - Gov't/Treasury | ₹15.01 Cr | 0.05% |
| 08.27 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹5.07 Cr | 0.02% |
| 08.16 KA Sdl 2025 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹16,238.34 Cr | 53.29% |
| Cash - Commercial Paper | ₹8,325.97 Cr | 27.32% |
| Bond - Gov't/Treasury | ₹4,167.44 Cr | 13.68% |
| Bond - Gov't Agency Debt | ₹1,182.83 Cr | 3.88% |
| Cash | ₹-605.98 Cr | 1.99% |
| Bond - Corporate Bond | ₹565.33 Cr | 1.86% |
| Cash - Repurchase Agreement | ₹429.19 Cr | 1.41% |
| Bond - Sub-sovereign Government Debt | ₹101.13 Cr | 0.33% |
| Mutual Fund - Open End | ₹69.29 Cr | 0.23% |
Risk & Performance Ratios
Standard Deviation
This fund
0.39%
Cat. avg.
0.55%
Lower the better
Sharpe Ratio
This fund
2.26
Cat. avg.
0.92
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.84
Higher the better
Fund Managers
PJ
Praveen Jain
Since August 2024
DM
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 15th May 2025
ISIN INF179KB1HU9 | Expense Ratio 0.23% | Exit Load No Charges | Fund Size ₹30,474 Cr | Age 12 years 5 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bank of India Money Market Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹124.16 Cr | - |
| Bank of India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹124.16 Cr | - |
| Zerodha Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹4745.85 Cr | 6.2% |
| Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3093.67 Cr | 8.6% |
| Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹3093.67 Cr | 8.2% |
| HSBC Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹2834.01 Cr | 8.4% |
| ICICI Prudential Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹28949.46 Cr | 8.5% |
| Bandhan Money Manager Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹11254.78 Cr | 8.5% |
| Nippon India Money Market Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹17771.77 Cr | 8.5% |
| Invesco India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5945.81 Cr | 8.3% |
| Edelweiss Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1692.93 Cr | 8.4% |
| Kotak Money Market Scheme Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29063.63 Cr | 8.4% |
| Axis Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹17959.41 Cr | 8.5% |
| Axis Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹17959.41 Cr | 8.3% |
| Sundaram Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1434.41 Cr | 8.2% |
| Sundaram Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹1434.41 Cr | 8.3% |
| Invesco India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹5945.81 Cr | 8.0% |
| UTI Money Market Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹18384.56 Cr | 8.4% |
| Aditya BSL Money Manager Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹26920.90 Cr | 8.4% |
| SBI Savings Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹27658.23 Cr | 8.4% |
| Tata Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹31466.09 Cr | 8.6% |
| Franklin India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3276.58 Cr | 8.5% |
| Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1219.16 Cr | 8.3% |
| Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹1219.16 Cr | 8.0% |
| DSP Savings Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹4060.70 Cr | 8.0% |
| HDFC Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹30473.53 Cr | 8.5% |
| PGIM India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹190.94 Cr | 7.9% |
| PGIM India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹190.94 Cr | 8.2% |
| UTI Money Market Fund Regular Growth Moderate Risk | 0.2% | 0.0% | ₹18384.56 Cr | 8.4% |
| Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹3691.34 Cr | 7.8% |
| Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3691.34 Cr | 8.5% |
| Kotak Money Market Scheme Regular Growth Moderate Risk | 0.4% | 0.0% | ₹29063.63 Cr | 8.3% |
| Aditya BSL Money Manager Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹26920.90 Cr | 8.3% |
| Bandhan Money Manager Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹11254.78 Cr | 8.1% |
| DSP Savings Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹4060.70 Cr | 7.8% |
| HSBC Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2834.01 Cr | 8.1% |
| SBI Savings Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹27658.23 Cr | 7.9% |
| ICICI Prudential Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹28949.46 Cr | 8.3% |
| Nippon India Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹17771.77 Cr | 8.3% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹30473.53 Cr | 8.3% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3276.58 Cr | 8.4% |
| Tata Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹31466.09 Cr | 8.3% |
| LIC MF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹436.85 Cr | 6.6% |
| LIC MF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹436.85 Cr | 7.1% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹99.39 Cr | 7.9% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹99.39 Cr | 8.1% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹187.18 Cr | 7.3% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹187.18 Cr | 8.1% |
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1692.93 Cr | 7.7% |
About the AMC
HDFC Mutual Fund
Total AUM
₹7,64,557 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of HDFC Money Market Fund Direct Growth?
The NAV of HDFC Money Market Fund Direct Growth, as of 06-Jun-2025, is ₹5825.19.
What are the returns of HDFC Money Market Fund Direct Growth?
The fund has generated 8.45% over the last 1 year and 7.60% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HDFC Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 19.40% in bonds, and 80.37% in cash and cash equivalents.
Who manages the HDFC Money Market Fund Direct Growth?
The fund managers responsible for HDFC Money Market Fund Direct Growth are:-
- Praveen Jain
- Dhruv Muchhal
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
HDFC Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (06-Jun-25)
₹5825.190.15%1D
Returns (Since Inception)
7.40%
Rated ★4.3+ on
Fund Overview
Fund Size
₹30,474 Cr
Expense Ratio
0.23%
ISIN
INF179KB1HU9
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
HDFC Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 12 years, 5 months and 8 days, having been launched on 01-Jan-13.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹5825.19, Assets Under Management (AUM) of 30473.53 Crores, and an expense ratio of 0.23%.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹5825.19, Assets Under Management (AUM) of 30473.53 Crores, and an expense ratio of 0.23%.
- HDFC Money Market Fund Direct Growth has given a CAGR return of 7.40% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 19.40% in debts, and 80.37% in cash & cash equivalents.
- You can start investing in HDFC Money Market Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.45%
+7.56% (Cat Avg.)
3 Years
+7.60%
+7.06% (Cat Avg.)
5 Years
+6.24%
+5.90% (Cat Avg.)
10 Years
+6.98%
+6.51% (Cat Avg.)
Since Inception
+7.40%
— (Cat Avg.)
Portfolio Summaryas of 15th May 2025
| Debt | ₹5,912.41 Cr | 19.40% |
| Others | ₹24,561.12 Cr | 80.60% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹876.91 Cr | 2.88% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹791.07 Cr | 2.60% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹757.77 Cr | 2.49% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹736.49 Cr | 2.42% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹717.43 Cr | 2.35% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹713.56 Cr | 2.34% |
| Net Current Assets | Cash | ₹-605.98 Cr | 1.99% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹574.66 Cr | 1.89% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹573.22 Cr | 1.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹572.27 Cr | 1.88% |
| Canara Bank | Cash - CD/Time Deposit | ₹529.2 Cr | 1.74% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹526.67 Cr | 1.73% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹525.6 Cr | 1.72% |
| 07.35 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹485.42 Cr | 1.59% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹479.42 Cr | 1.57% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹478.1 Cr | 1.57% |
| 364 Days Tbill (Md 05/03/2026) | Bond - Gov't/Treasury | ₹477.84 Cr | 1.57% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹476.77 Cr | 1.56% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹474.88 Cr | 1.56% |
| Bank Of Baroda** | Cash - CD/Time Deposit | ₹474.35 Cr | 1.56% |
| LIC Housing Finance Limited** | Cash - Commercial Paper | ₹473.39 Cr | 1.55% |
| L&T Finance Ltd. | Cash - Commercial Paper | ₹472.82 Cr | 1.55% |
| Bank Of India | Cash - CD/Time Deposit | ₹429.35 Cr | 1.41% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹429.27 Cr | 1.41% |
| Treps - Tri-Party Repo | Cash - Repurchase Agreement | ₹429.19 Cr | 1.41% |
| Tata Teleservices (Maharashtra) Ltd | Cash - Commercial Paper | ₹386.26 Cr | 1.27% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹385.7 Cr | 1.27% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹384.96 Cr | 1.26% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹382.54 Cr | 1.26% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹381.6 Cr | 1.25% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹380.88 Cr | 1.25% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹380.37 Cr | 1.25% |
| 364 Days Tbill Red 12-03-2026 | Bond - Gov't/Treasury | ₹334.13 Cr | 1.10% |
| Punjab National Bank (18/03/2026) | Cash - CD/Time Deposit | ₹331.64 Cr | 1.09% |
| Bank Of India | Cash - CD/Time Deposit | ₹289.3 Cr | 0.95% |
| 364 DTB 12022026 | Bond - Gov't/Treasury | ₹287.59 Cr | 0.94% |
| 364 Days Tbill Mat 200226 | Bond - Gov't/Treasury | ₹287.24 Cr | 0.94% |
| Canara Bank | Cash - CD/Time Deposit | ₹287.01 Cr | 0.94% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹286.7 Cr | 0.94% |
| Bank Of India | Cash - CD/Time Deposit | ₹286.43 Cr | 0.94% |
| Canara Bank | Cash - CD/Time Deposit | ₹286.31 Cr | 0.94% |
| Indian Bank (12/03/2026) | Cash - CD/Time Deposit | ₹284.54 Cr | 0.93% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹260.26 Cr | 0.85% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹243.87 Cr | 0.80% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹241.05 Cr | 0.79% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹239.91 Cr | 0.79% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹238.44 Cr | 0.78% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹238.02 Cr | 0.78% |
| SMFG India Cr Co.Ltd. | Cash - Commercial Paper | ₹235.2 Cr | 0.77% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹218.77 Cr | 0.72% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹216.1 Cr | 0.71% |
| 6.99% Govt Stock 2026 | Bond - Gov't/Treasury | ₹201.98 Cr | 0.66% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹191.62 Cr | 0.63% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹191.14 Cr | 0.63% |
| Tata Capital Limited | Cash - Commercial Paper | ₹191.11 Cr | 0.63% |
| 364 DTB 19mar2026 | Bond - Gov't/Treasury | ₹190.73 Cr | 0.63% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹190.64 Cr | 0.63% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹190.39 Cr | 0.62% |
| Credila Financial Services Limited | Cash - Commercial Paper | ₹190.18 Cr | 0.62% |
| Export Import Bank Of India** | Cash - CD/Time Deposit | ₹189.98 Cr | 0.62% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹188.88 Cr | 0.62% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹188.7 Cr | 0.62% |
| AU Small Finance Bank Ltd. | Bond - Corporate Bond | ₹188.63 Cr | 0.62% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹187.73 Cr | 0.62% |
| Sundaram Finance Limited | Cash - Commercial Paper | ₹169.68 Cr | 0.56% |
| Sharekhan Limited | Cash - Commercial Paper | ₹149.28 Cr | 0.49% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹144.3 Cr | 0.47% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹143.14 Cr | 0.47% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹142.61 Cr | 0.47% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹142.52 Cr | 0.47% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹142.31 Cr | 0.47% |
| Infina Finance Pvt Ltd. | Cash - Commercial Paper | ₹141.93 Cr | 0.47% |
| Indian Bank | Bond - Gov't Agency Debt | ₹140.86 Cr | 0.46% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹140.85 Cr | 0.46% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹117.36 Cr | 0.39% |
| GIC Housing Finance Ltd. | Cash - Commercial Paper | ₹116.65 Cr | 0.38% |
| 08.20 GJ Sdl 2025dec | Bond - Gov't/Treasury | ₹116.37 Cr | 0.38% |
| 08.52 Ts SDL 2026 | Bond - Gov't/Treasury | ₹111.92 Cr | 0.37% |
| 182 DTB 27062025 | Bond - Gov't/Treasury | ₹104.31 Cr | 0.34% |
| Uttarakhand (Government of) 7.36% | Bond - Sub-sovereign Government Debt | ₹101.13 Cr | 0.33% |
| 0% Goi - 16dec25 Strips | Bond - Gov't/Treasury | ₹97.22 Cr | 0.32% |
| 08.76 MP Sdl 2026 | Bond - Gov't/Treasury | ₹96.91 Cr | 0.32% |
| Sharekhan Limited | Cash - Commercial Paper | ₹96.76 Cr | 0.32% |
| Canara Bank | Cash - CD/Time Deposit | ₹96.46 Cr | 0.32% |
| IDBI Bank Limited (Industrial Development Bank Of India Ltd) | Cash - CD/Time Deposit | ₹96.38 Cr | 0.32% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹96.36 Cr | 0.32% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹96.3 Cr | 0.32% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹96.25 Cr | 0.32% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹96.17 Cr | 0.32% |
| Igh Holdings Private Limited | Cash - Commercial Paper | ₹96.01 Cr | 0.32% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹96 Cr | 0.32% |
| Indian Bank | Cash - CD/Time Deposit | ₹95.88 Cr | 0.31% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹95.85 Cr | 0.31% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹95.82 Cr | 0.31% |
| Tata Capital Limited | Cash - Commercial Paper | ₹95.52 Cr | 0.31% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹95.52 Cr | 0.31% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹95.35 Cr | 0.31% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹95.19 Cr | 0.31% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹95.18 Cr | 0.31% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹95.14 Cr | 0.31% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹95.09 Cr | 0.31% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹95.08 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.99 Cr | 0.31% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹94.95 Cr | 0.31% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹94.94 Cr | 0.31% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹94.8 Cr | 0.31% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹94.74 Cr | 0.31% |
| Export Import Bank Of India (20/03/2026) | Cash - CD/Time Deposit | ₹94.73 Cr | 0.31% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹94.57 Cr | 0.31% |
| Icici Securities Limited | Cash - Commercial Paper | ₹94.53 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.44 Cr | 0.31% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹94.24 Cr | 0.31% |
| Goi 19.09.2025 Gov | Bond - Gov't/Treasury | ₹86.27 Cr | 0.28% |
| 07.99 KL Sdl 2025 | Bond - Gov't/Treasury | ₹75.63 Cr | 0.25% |
| Indian Bank | Cash - CD/Time Deposit | ₹71.78 Cr | 0.24% |
| Deutsche Investments India Private Limited | Cash - Commercial Paper | ₹71.47 Cr | 0.23% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹71.43 Cr | 0.23% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹71.35 Cr | 0.23% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹69.29 Cr | 0.23% |
| 08.22 KA Sdl 2025 | Bond - Gov't/Treasury | ₹65.78 Cr | 0.22% |
| 08.23 CG Sdl 2025 | Bond - Gov't/Treasury | ₹61.73 Cr | 0.20% |
| 08.53 Tn SDL 2026 | Bond - Gov't/Treasury | ₹61.19 Cr | 0.20% |
| Goi 12.09.2025 Gov | Bond - Gov't/Treasury | ₹61.03 Cr | 0.20% |
| Goi 15.12.2025 Gov | Bond - Gov't/Treasury | ₹59.15 Cr | 0.19% |
| Gs CG 12/12/2025 - (Strips) Tb | Bond - Gov't/Treasury | ₹58.91 Cr | 0.19% |
| 08.38 Tn SDL 2026 | Bond - Gov't/Treasury | ₹55.86 Cr | 0.18% |
| 08.28 KA Sdl 2026 | Bond - Gov't/Treasury | ₹50.88 Cr | 0.17% |
| 08.27 Ts SDL 2025 | Bond - Gov't/Treasury | ₹50.65 Cr | 0.17% |
| 08.12 MH Sdl 2025 | Bond - Gov't/Treasury | ₹50.5 Cr | 0.17% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹49.36 Cr | 0.16% |
| Goi Strips 06092025 | Bond - Gov't/Treasury | ₹48.98 Cr | 0.16% |
| Hero Housing Finance Limited | Cash - Commercial Paper | ₹48.89 Cr | 0.16% |
| Tata Capital Housing Finance Limited | Cash - Commercial Paper | ₹48.81 Cr | 0.16% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹48.32 Cr | 0.16% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹48.19 Cr | 0.16% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.88 Cr | 0.16% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹47.86 Cr | 0.16% |
| Smfg India Credit Company Ltd. | Cash - Commercial Paper | ₹47.5 Cr | 0.16% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹47.21 Cr | 0.15% |
| Muthoot Finance Ltd. | Bond - Corporate Bond | ₹47.15 Cr | 0.15% |
| Muthoot Finance Limited** | Cash - Commercial Paper | ₹47.11 Cr | 0.15% |
| 08.02 Up SDL 2026 | Bond - Gov't/Treasury | ₹46.97 Cr | 0.15% |
| 08.21 MH Sdl 2025 | Bond - Gov't/Treasury | ₹45.54 Cr | 0.15% |
| GS CG 22/8/2025 - (STRIPS) Strips | Bond - Gov't/Treasury | ₹44.88 Cr | 0.15% |
| Goi 22.10.2025 Strips | Bond - Gov't/Treasury | ₹42.44 Cr | 0.14% |
| Gs CG 19/12/2025 - (Strips) Tb | Bond - Gov't/Treasury | ₹34.45 Cr | 0.11% |
| 08.67 KA Sdl 2026 | Bond - Gov't/Treasury | ₹25.49 Cr | 0.08% |
| 08.27 Tn SDL 2026 | Bond - Gov't/Treasury | ₹25.35 Cr | 0.08% |
| 06.18 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹25.05 Cr | 0.08% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹24.57 Cr | 0.08% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹24.34 Cr | 0.08% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹24.29 Cr | 0.08% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹24.17 Cr | 0.08% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹24.01 Cr | 0.08% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹23.94 Cr | 0.08% |
| GS CG 17/12/2025 - (STRIPS) Strips | Bond - Gov't/Treasury | ₹18.76 Cr | 0.06% |
| 08.49 Tn SDL 2026 | Bond - Gov't/Treasury | ₹15.26 Cr | 0.05% |
| 06.18 GJ Sdl 2026 25 Jan | Bond - Gov't/Treasury | ₹15.01 Cr | 0.05% |
| 08.27 GJ Sdl 2026 | Bond - Gov't/Treasury | ₹5.07 Cr | 0.02% |
| 08.16 KA Sdl 2025 | Bond - Gov't/Treasury | ₹5.06 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹16,238.34 Cr | 53.29% |
| Cash - Commercial Paper | ₹8,325.97 Cr | 27.32% |
| Bond - Gov't/Treasury | ₹4,167.44 Cr | 13.68% |
| Bond - Gov't Agency Debt | ₹1,182.83 Cr | 3.88% |
| Cash | ₹-605.98 Cr | 1.99% |
| Bond - Corporate Bond | ₹565.33 Cr | 1.86% |
| Cash - Repurchase Agreement | ₹429.19 Cr | 1.41% |
| Bond - Sub-sovereign Government Debt | ₹101.13 Cr | 0.33% |
| Mutual Fund - Open End | ₹69.29 Cr | 0.23% |
Risk & Performance Ratios
Standard Deviation
This fund
0.39%
Cat. avg.
0.55%
Lower the better
Sharpe Ratio
This fund
2.26
Cat. avg.
0.92
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
3.84
Higher the better
Fund Managers
PJ
Praveen Jain
Since August 2024
DM
Dhruv Muchhal
Since June 2023
Additional Scheme Detailsas of 15th May 2025
ISIN INF179KB1HU9 | Expense Ratio 0.23% | Exit Load No Charges | Fund Size ₹30,474 Cr | Age 12 years 5 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Bank of India Money Market Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹124.16 Cr | - |
| Bank of India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹124.16 Cr | - |
| Zerodha Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹4745.85 Cr | 6.2% |
| Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3093.67 Cr | 8.6% |
| Mirae Asset Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹3093.67 Cr | 8.2% |
| HSBC Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹2834.01 Cr | 8.4% |
| ICICI Prudential Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹28949.46 Cr | 8.5% |
| Bandhan Money Manager Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹11254.78 Cr | 8.5% |
| Nippon India Money Market Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹17771.77 Cr | 8.5% |
| Invesco India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹5945.81 Cr | 8.3% |
| Edelweiss Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1692.93 Cr | 8.4% |
| Kotak Money Market Scheme Direct Growth Moderate Risk | 0.2% | 0.0% | ₹29063.63 Cr | 8.4% |
| Axis Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹17959.41 Cr | 8.5% |
| Axis Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹17959.41 Cr | 8.3% |
| Sundaram Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹1434.41 Cr | 8.2% |
| Sundaram Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹1434.41 Cr | 8.3% |
| Invesco India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹5945.81 Cr | 8.0% |
| UTI Money Market Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹18384.56 Cr | 8.4% |
| Aditya BSL Money Manager Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹26920.90 Cr | 8.4% |
| SBI Savings Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹27658.23 Cr | 8.4% |
| Tata Money Market Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹31466.09 Cr | 8.6% |
| Franklin India Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3276.58 Cr | 8.5% |
| Baroda BNP Paribas Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹1219.16 Cr | 8.3% |
| Baroda BNP Paribas Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹1219.16 Cr | 8.0% |
| DSP Savings Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹4060.70 Cr | 8.0% |
| HDFC Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹30473.53 Cr | 8.5% |
| PGIM India Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹190.94 Cr | 7.9% |
| PGIM India Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹190.94 Cr | 8.2% |
| UTI Money Market Fund Regular Growth Moderate Risk | 0.2% | 0.0% | ₹18384.56 Cr | 8.4% |
| Bajaj Finserv Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹3691.34 Cr | 7.8% |
| Bajaj Finserv Money Market Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹3691.34 Cr | 8.5% |
| Kotak Money Market Scheme Regular Growth Moderate Risk | 0.4% | 0.0% | ₹29063.63 Cr | 8.3% |
| Aditya BSL Money Manager Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹26920.90 Cr | 8.3% |
| Bandhan Money Manager Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹11254.78 Cr | 8.1% |
| DSP Savings Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹4060.70 Cr | 7.8% |
| HSBC Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2834.01 Cr | 8.1% |
| SBI Savings Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹27658.23 Cr | 7.9% |
| ICICI Prudential Money Market Fund Regular Growth Moderate Risk | 0.3% | 0.0% | ₹28949.46 Cr | 8.3% |
| Nippon India Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹17771.77 Cr | 8.3% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹30473.53 Cr | 8.3% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹3276.58 Cr | 8.4% |
| Tata Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹31466.09 Cr | 8.3% |
| LIC MF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹436.85 Cr | 6.6% |
| LIC MF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹436.85 Cr | 7.1% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹99.39 Cr | 7.9% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹99.39 Cr | 8.1% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹187.18 Cr | 7.3% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹187.18 Cr | 8.1% |
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1692.93 Cr | 7.7% |
About the AMC
HDFC Mutual Fund
Total AUM
₹7,64,557 Cr
Address
“HUL House”, 2nd Floor, Mumbai, 400 020
Other Funds by HDFC Mutual Fund
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What is the current NAV of HDFC Money Market Fund Direct Growth?
The NAV of HDFC Money Market Fund Direct Growth, as of 06-Jun-2025, is ₹5825.19.
What are the returns of HDFC Money Market Fund Direct Growth?
The fund has generated 8.45% over the last 1 year and 7.60% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HDFC Money Market Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 19.40% in bonds, and 80.37% in cash and cash equivalents.
Who manages the HDFC Money Market Fund Direct Growth?
The fund managers responsible for HDFC Money Market Fund Direct Growth are:-
- Praveen Jain
- Dhruv Muchhal
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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