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Fund Overview

Fund Size

Fund Size

₹22,480 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF179KB1HU9

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

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 11 years, 5 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹5377.10, Assets Under Management (AUM) of 22479.76 Crores, and an expense ratio of 0.23%.
  • HDFC Money Market Fund Direct Growth has given a CAGR return of 7.31% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 36.80% in debts, and 63.01% 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

+7.62%

+5.83% (Cat Avg.)

3 Years

+6.03%

+5.27% (Cat Avg.)

5 Years

+6.20%

+5.23% (Cat Avg.)

10 Years

+7.02%

+5.64% (Cat Avg.)

Since Inception

+7.31%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Debt8,272.99 Cr36.80%
Others14,206.77 Cr63.20%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps - Tri-Party RepoCash - Repurchase Agreement644.92 Cr2.87%
Bank Of BarodaCash - CD/Time Deposit630.84 Cr2.81%
Bank of BarodaBond - Corporate Bond615.98 Cr2.74%
Union Bank of IndiaBond - Gov't Agency Debt524.36 Cr2.33%
Panatone Finvest LtdBond - Corporate Bond523.57 Cr2.33%
India (Republic of)Bond - Short-term Government Bills521.46 Cr2.32%
Union Bank of IndiaBond - Gov't Agency Debt520.88 Cr2.32%
LIC Housing Finance Ltd.Cash - Commercial Paper518.49 Cr2.31%
Small Industries Development Bank of IndiaCash - Commercial Paper473.2 Cr2.10%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit384.73 Cr1.71%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit381.89 Cr1.70%
Ongc Petro Additions LimitedCash - Commercial Paper378.19 Cr1.68%
Canara BankCash - CD/Time Deposit377.97 Cr1.68%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit377.48 Cr1.68%
Hero Fincorp LimitedCash - Commercial Paper376.1 Cr1.67%
LIC Housing Finance LimitedCash - Commercial Paper360.14 Cr1.60%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper333.44 Cr1.48%
Bank Of BarodaCash - CD/Time Deposit332 Cr1.48%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit331.58 Cr1.48%
Tata Teleservices LtdBond - Corporate Bond331.21 Cr1.47%
Punjab National BankBond - Gov't Agency Debt309.46 Cr1.38%
Brookfield India Real Estate TrustCash - Commercial Paper295.36 Cr1.31%
India (Republic of)Bond - Short-term Government Bills294.27 Cr1.31%
India (Republic of)Bond - Short-term Government Bills293.89 Cr1.31%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper286.9 Cr1.28%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit285.17 Cr1.27%
Indusind Bank Ltd.Bond - Corporate Bond284.37 Cr1.27%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond280.61 Cr1.25%
Net Current AssetsCash-279.27 Cr1.24%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit264.14 Cr1.18%
Canara BankCash - CD/Time Deposit262.66 Cr1.17%
The Federal Bank LimitedCash - CD/Time Deposit255.12 Cr1.13%
08.10 Up SDL 2025Bond - Gov't/Treasury241.37 Cr1.07%
Axis Bank LimitedCash - CD/Time Deposit238.77 Cr1.06%
Embassy Office Parks REITCash - Commercial Paper238.76 Cr1.06%
Standard Chartered Capital LimitedCash - Commercial Paper237.25 Cr1.06%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit236.43 Cr1.05%
Punjab & Sind BankBond - Corporate Bond235.79 Cr1.05%
08.09 AP Sdl 2025Bond - Gov't/Treasury216.22 Cr0.96%
07.38% MP Sdl 2025Bond - Gov't/Treasury200.31 Cr0.89%
Icici Securities LimitedCash - Commercial Paper196.78 Cr0.88%
India (Republic of)Bond - Short-term Government Bills196.43 Cr0.87%
Punjab National BankCash - CD/Time Deposit192.63 Cr0.86%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond191.06 Cr0.85%
Canara BankCash - CD/Time Deposit190.99 Cr0.85%
IDFC First Bank LimitedCash - CD/Time Deposit190.02 Cr0.85%
IDFC First Bank Ltd.Bond - Corporate Bond189.5 Cr0.84%
AU Small Finance Bank Ltd.Bond - Corporate Bond189.04 Cr0.84%
Indusind Bank LimitedCash - CD/Time Deposit188.98 Cr0.84%
Indian BankBond - Gov't Agency Debt188.94 Cr0.84%
Birla Group Holdings Private LimitedCash - Commercial Paper187.36 Cr0.83%
Motilal Oswal Financial Services LimitedCash - Commercial Paper171.47 Cr0.76%
Infina Finance Pvt Ltd.Cash - Commercial Paper165.99 Cr0.74%
The Federal Bank LimitedCash - CD/Time Deposit165.86 Cr0.74%
08.06 AP Sdl 2025Bond - Gov't/Treasury150.91 Cr0.67%
Sharekhan LimitedCash - Commercial Paper149.1 Cr0.66%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit148.16 Cr0.66%
Infina Finance Pvt Ltd.Cash - Commercial Paper146.45 Cr0.65%
Indusind Bank LimitedCash - CD/Time Deposit143.84 Cr0.64%
Panatone Finvest LimitedCash - Commercial Paper142.82 Cr0.64%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper142.71 Cr0.63%
Punjab National BankCash - CD/Time Deposit142.65 Cr0.63%
The Federal Bank LimitedCash - CD/Time Deposit142.62 Cr0.63%
Axis Bank Ltd.Bond - Corporate Bond142.2 Cr0.63%
Punjab National BankCash - CD/Time Deposit142.12 Cr0.63%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit141.72 Cr0.63%
Indusind Bank Ltd.Bond - Corporate Bond141.32 Cr0.63%
Standard Chartered Capital LimitedCash - Commercial Paper140.92 Cr0.63%
Motilal Oswal Financial Services LtdCash - Commercial Paper140.41 Cr0.62%
Union Bank of IndiaBond - Gov't Agency Debt131.89 Cr0.59%
Dbs Bank India LimitedCash - CD/Time Deposit118.14 Cr0.53%
05.95 Tn SDL 2025Bond - Gov't/Treasury113.68 Cr0.51%
Bahadur Chand Investments Private LimitedCash - Commercial Paper99.78 Cr0.44%
05.80 MH Sdl 2025Bond - Gov't/Treasury99.14 Cr0.44%
India (Republic of)Bond - Short-term Government Bills96.91 Cr0.43%
Axis Bank LimitedCash - CD/Time Deposit96.44 Cr0.43%
India (Republic of)Bond - Short-term Government Bills95.79 Cr0.43%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit95.48 Cr0.42%
Union Bank of IndiaBond - Gov't Agency Debt95.21 Cr0.42%
Axis Bank LimitedCash - CD/Time Deposit95.21 Cr0.42%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit95.14 Cr0.42%
Birla Group Holdings Private LimitedCash - Commercial Paper94.96 Cr0.42%
India (Republic of)Bond - Short-term Government Bills94.93 Cr0.42%
Axis Securities LimitedCash - Commercial Paper94.91 Cr0.42%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper94.79 Cr0.42%
Axis Bank Ltd.Bond - Corporate Bond94.69 Cr0.42%
Hinduja Leyland Finance LtdCash - Commercial Paper94.63 Cr0.42%
Indusind Bank LimitedCash - CD/Time Deposit94.47 Cr0.42%
Punjab & Sind BankBond - Corporate Bond94.41 Cr0.42%
Canara BankBond - Gov't Agency Debt94.35 Cr0.42%
Au Small Finance Bank LimitedCash - CD/Time Deposit94.31 Cr0.42%
LIC Housing Finance Ltd.Cash - Commercial Paper94.21 Cr0.42%
Bahadur Chand Investments Private LimitedCash - Commercial Paper94.17 Cr0.42%
Hinduja Leyland Finance LtdCash - Commercial Paper94.09 Cr0.42%
Icici Securities LimitedCash - Commercial Paper93.96 Cr0.42%
Motilal Oswal Financial Services LtdCash - Commercial Paper93.63 Cr0.42%
08.97 KA Sdl 2024Bond - Gov't/Treasury85.23 Cr0.38%
08.14 GJ Sdl 2025Bond - Gov't/Treasury80.45 Cr0.36%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit71.25 Cr0.32%
Motilal Oswal Finvest LimitedCash - Commercial Paper70.73 Cr0.31%
Icici Securities LimitedCash - Commercial Paper70.57 Cr0.31%
364 DTB 05092024Bond - Gov't/Treasury63.84 Cr0.28%
0% GOI - 17062024 STRIPSBond - Gov't/Treasury61.69 Cr0.27%
07.26 KA Sgs 2025Bond - Gov't/Treasury60.03 Cr0.27%
Hero Housing Finance Ltd.Cash - Commercial Paper49.87 Cr0.22%
Axis Bank LimitedCash - CD/Time Deposit49.81 Cr0.22%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.81 Cr0.22%
The Federal Bank LimitedCash - CD/Time Deposit49.02 Cr0.22%
The Federal Bank LimitedCash - CD/Time Deposit48.2 Cr0.21%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit47.68 Cr0.21%
Punjab National BankCash - CD/Time Deposit47.54 Cr0.21%
Icici Securities LimitedCash - Commercial Paper47.51 Cr0.21%
Bajaj Housing Finance Ltd.Cash - Commercial Paper47.32 Cr0.21%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper47.29 Cr0.21%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond47.16 Cr0.21%
Birla Group Holdings Private LimitedCash - Commercial Paper46.91 Cr0.21%
Corporate Debt Market Development FundMutual Fund - Open End41.16 Cr0.18%
06.69 MP Sdl 2025Bond - Gov't/Treasury29.89 Cr0.13%
08.05 HR Sdl 2025Bond - Gov't/Treasury25.15 Cr0.11%
Canara BankBond - Gov't Agency Debt24.94 Cr0.11%
Axis Bank LimitedCash - CD/Time Deposit24.91 Cr0.11%
Federal Bank Ltd.Bond - Corporate Bond24.12 Cr0.11%
Axis Bank LimitedCash - CD/Time Deposit24.1 Cr0.11%
Hinduja Leyland Finance LtdCash - Commercial Paper23.48 Cr0.10%
Gs CG 19/6/2024 - (Strips) TbBond - Gov't/Treasury20.37 Cr0.09%
364 DTB 05122024Bond - Gov't/Treasury14.48 Cr0.06%
GS CG 23/6/2024 - (STRIPS) TBBond - Gov't/Treasury10.11 Cr0.04%
08.05 KA Sdl 2025Bond - Gov't/Treasury10.06 Cr0.04%
08.24 MH Sdl 2024Bond - Gov't/Treasury10.06 Cr0.04%
Icici Securities LimitedCash - Commercial Paper9.42 Cr0.04%
08.08 HR Sdl 2025Bond - Gov't/Treasury5.03 Cr0.02%
08.13 MH Sdl 2025Bond - Gov't/Treasury5.03 Cr0.02%
08.97 KL Sdl 2024Bond - Gov't/Treasury3.33 Cr0.01%
09.01 GJ Sdl 2024Bond - Gov't/Treasury2.5 Cr0.01%
182 DTB 22082024Bond - Gov't/Treasury0.92 Cr0.00%
08.29 RJ UDAY 2024Bond - Gov't Agency Debt0.5 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit7,249.88 Cr32.25%
Cash - Commercial Paper6,444.04 Cr28.67%
Bond - Corporate Bond3,385.02 Cr15.06%
Bond - Gov't Agency Debt1,890.52 Cr8.41%
Bond - Short-term Government Bills1,593.68 Cr7.09%
Bond - Gov't/Treasury1,509.8 Cr6.72%
Cash - Repurchase Agreement644.92 Cr2.87%
Cash-279.27 Cr1.24%
Mutual Fund - Open End41.16 Cr0.18%

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.71%

Lower the better

Sharpe Ratio

This fund

1.19

Cat. avg.

-0.31

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.09

Higher the better

Fund Managers

Vikash Agarwal

Vikash Agarwal

Since July 2020

DM

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 15th May 2024

ISININF179KB1HU9Expense Ratio0.23%Exit LoadNo ChargesFund Size₹22,480 CrAge01 Jan 2013Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty Money Market TR INR

Investment ObjectiveInvestment 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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹461.79 Cr6.7%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹181.37 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹181.37 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹96.02 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹96.02 Cr7.1%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹20.44 Cr6.5%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹18756.93 Cr7.5%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1511.50 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹22479.76 Cr7.5%

About the AMC

Total AUM

₹6,24,584 Cr

Address

“HUL House”, 2nd Floor, Mumbai, 400 020

Other Funds by HDFC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HDFC Pharma and Healthcare Fund Direct Growth

Very High Risk

1.1%1.0%₹830.67 Cr-
HDFC Technology Fund Direct Growth

Very High Risk

1.0%1.0%₹968.74 Cr-
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹31.07 Cr7.1%
HDFC FMP 1204D December 2022 (47) Direct Growth

Low to Moderate Risk

---6.9%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth

Low to Moderate Risk

-0.0%-7.0%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%-7.0%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth

Moderate Risk

-0.0%-7.2%
HDFC Fixed Maturity Plans 1113 Days March 2019 Series 44 Plan 1 Direct Growth

Moderate Risk

-0.0%--
HDFC Fixed Maturity Plan 1876 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹30.26 Cr7.2%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹432.16 Cr7.2%
HDFC FMP 2638D February 2023 (47) Direct Growth

Moderate Risk

-0.0%-7.0%
HDFC Fixed Maturity Plans 1127 Days April 2019 Series 44 Plan 1 Direct Growth

Moderate Risk

----
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹86471.32 Cr41.4%
HDFC Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹23138.21 Cr22.2%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth

High Risk

-1.0%₹45.09 Cr24.3%
HDFC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹29175.05 Cr42.6%
HDFC Housing Opportunities Fund Direct Growth

Very High Risk

1.2%1.0%₹1444.40 Cr62.3%
HDFC Large and Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹19454.33 Cr49.9%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹620.48 Cr6.8%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1205.47 Cr6.8%
HDFC Business Cycle Fund Direct Growth

Very High Risk

0.7%1.0%₹2970.53 Cr30.8%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹164.59 Cr61.0%
HDFC Credit Risk Debt Fund Direct Growth

Moderately High risk

1.0%1.0%₹7980.05 Cr7.6%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹188.28 Cr7.1%
HDFC Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹6297.89 Cr7.3%
HDFC Banking & Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹3294.60 Cr25.3%
HDFC Non-Cyclical Consumer Fund Direct Growth

Very High Risk

1.2%1.0%₹662.33 Cr-
HDFC Asset Allocator Fund of Funds Direct Growth

High Risk

0.1%1.0%₹3053.79 Cr26.3%
HDFC Gold Fund Direct Growth

High Risk

0.2%1.0%₹2041.53 Cr18.3%
HDFC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹2418.16 Cr7.5%
HDFC Dynamic Debt Fund Direct Growth

Moderate Risk

0.7%0.0%₹679.40 Cr8.0%
HDFC Medium Term Debt Fund Direct Growth

Moderately High risk

0.6%0.0%₹4173.35 Cr7.4%
HDFC Income Fund Direct Growth

Moderate Risk

0.8%0.0%₹754.30 Cr7.2%
HDFC Infrastructure Fund Direct Growth

Very High Risk

1.2%1.0%₹2054.80 Cr78.4%
HDFC Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹56818.19 Cr7.3%
HDFC Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹28959.05 Cr7.6%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹63413.49 Cr53.9%
HDFC Hybrid Debt Fund Direct Growth

Moderately High risk

1.3%1.0%₹3182.24 Cr16.3%
HDFC TaxSaver Direct Growth

Very High Risk

1.1%0.0%₹14752.93 Cr48.1%
HDFC Multi - Asset Fund Direct Growth

High Risk

0.8%1.0%₹2897.11 Cr24.4%
HDFC Equity Savings Fund Direct Growth

Moderately High risk

1.0%1.0%₹4306.53 Cr18.8%
HDFC Short Term Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹12947.96 Cr7.6%
HDFC Top 100 Fund Direct Growth

Very High Risk

1.0%1.0%₹33488.50 Cr36.0%
HDFC S&P BSE 500 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹68.86 Cr37.4%
HDFC Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹129.90 Cr56.6%
HDFC Dividend Yield Fund Direct Growth

Very High Risk

0.6%1.0%₹5144.72 Cr47.9%
HDFC Low Duration Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹17516.30 Cr7.8%
HDFC Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹12297.96 Cr8.4%
HDFC Capital Builder Value Fund Direct Growth

Very High Risk

1.0%1.0%₹6823.27 Cr46.0%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of HDFC Money Market Fund Direct Growth, as of 11-Jun-2024, is ₹5377.10.
The fund has generated 7.62% over the last 1 year and 6.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 36.80% in bonds, and 63.01% in cash and cash equivalents.
The fund managers responsible for HDFC Money Market Fund Direct Growth are:-
  1. Vikash Agarwal
  2. Dhruv Muchhal