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Fund Overview

Fund Size

Fund Size

₹26,034 Cr

Expense Ratio

Expense Ratio

0.41%

ISIN

ISIN

INF179KB1HR5

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Nov 1999

About this fund

HDFC Money Market Fund Regular Growth is a Money Market mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 25 years, 5 months and 1 days, having been launched on 18-Nov-99.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹5642.17, Assets Under Management (AUM) of 26033.86 Crores, and an expense ratio of 0.41%.
  • HDFC Money Market Fund Regular Growth has given a CAGR return of 7.05% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 18.40% in debts, and 81.34% in cash & cash equivalents.
  • You can start investing in HDFC Money Market Fund Regular 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

+7.91%

+6.93% (Cat Avg.)

3 Years

+7.09%

+6.64% (Cat Avg.)

5 Years

+6.13%

+5.67% (Cat Avg.)

10 Years

+6.77%

+5.77% (Cat Avg.)

Since Inception

+7.05%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Debt4,790.3 Cr18.40%
Others21,243.55 Cr81.60%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Current AssetsCash-2,264.64 Cr8.70%
National Bank For Agriculture & Rural Development**Cash - CD/Time Deposit866.09 Cr3.33%
Punjab National BankCash - CD/Time Deposit781.53 Cr3.00%
Punjab National BankBond - Gov't Agency Debt747.92 Cr2.87%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit727.4 Cr2.79%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit708.89 Cr2.72%
LIC Housing Finance LimitedCash - Commercial Paper704.78 Cr2.71%
Treps - Tri-Party RepoCash - Repurchase Agreement573.48 Cr2.20%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit567.87 Cr2.18%
Union Bank Of IndiaCash - CD/Time Deposit566.29 Cr2.18%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit565.34 Cr2.17%
Bank Of BarodaCash - CD/Time Deposit520.45 Cr2.00%
Export-Import Bank Of IndiaCash - Commercial Paper519.34 Cr1.99%
07.35 GJ Sdl 2026Bond - Gov't/Treasury483.64 Cr1.86%
Canara BankCash - CD/Time Deposit475.61 Cr1.83%
Axis Bank LimitedCash - CD/Time Deposit473.65 Cr1.82%
364 Days Tbill (Md 05/03/2026)Bond - Gov't/Treasury472.15 Cr1.81%
IDFC First Bank LimitedCash - CD/Time Deposit472.05 Cr1.81%
Indusind Bank LimitedCash - CD/Time Deposit471.06 Cr1.81%
IDBI Bank LimitedCash - CD/Time Deposit469.02 Cr1.80%
Bank Of Baroda**Cash - CD/Time Deposit468.46 Cr1.80%
LIC Housing Finance Limited**Cash - Commercial Paper467.41 Cr1.80%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit424.07 Cr1.63%
Bank Of IndiaCash - CD/Time Deposit424.01 Cr1.63%
Tata Teleservices (Maharashtra) LtdCash - Commercial Paper381.84 Cr1.47%
Indusind Bank LimitedCash - CD/Time Deposit381.46 Cr1.47%
Union Bank Of IndiaCash - CD/Time Deposit380.5 Cr1.46%
Union Bank Of IndiaCash - CD/Time Deposit377.95 Cr1.45%
Axis Bank LimitedCash - CD/Time Deposit376.87 Cr1.45%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit376.18 Cr1.44%
Union Bank Of IndiaCash - CD/Time Deposit375.65 Cr1.44%
364 Days Tbill Red 12-03-2026Bond - Gov't/Treasury329.94 Cr1.27%
182 DTB 27062025Bond - Gov't/Treasury290.65 Cr1.12%
Bank Of IndiaCash - CD/Time Deposit285.93 Cr1.10%
364 DTB 12022026Bond - Gov't/Treasury284.2 Cr1.09%
364 Days Tbill Mat 200226Bond - Gov't/Treasury283.9 Cr1.09%
Canara BankCash - CD/Time Deposit283.62 Cr1.09%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit283.23 Cr1.09%
Canara BankCash - CD/Time Deposit282.89 Cr1.09%
Bank Of IndiaCash - CD/Time Deposit282.88 Cr1.09%
Indian Bank (12/03/2026)Cash - CD/Time Deposit281 Cr1.08%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit280.52 Cr1.08%
Punjab National BankBond - Gov't Agency Debt256.86 Cr0.99%
Bharti Telecom LimitedCash - Commercial Paper240.94 Cr0.93%
The Federal Bank LimitedCash - CD/Time Deposit240.67 Cr0.92%
The Federal Bank LimitedCash - CD/Time Deposit238.17 Cr0.91%
364 Days Tbill Red 05-02-2026Bond - Gov't/Treasury237.11 Cr0.91%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit235.55 Cr0.90%
Au Small Finance Bank LimitedCash - CD/Time Deposit234.76 Cr0.90%
Muthoot Fincorp LimitedCash - Commercial Paper216 Cr0.83%
Credila Financial Services LimitedCash - Commercial Paper213.63 Cr0.82%
Bank Of BarodaCash - CD/Time Deposit189.36 Cr0.73%
Tata Capital LimitedCash - Commercial Paper188.99 Cr0.73%
Union Bank Of IndiaCash - CD/Time Deposit188.83 Cr0.73%
364 DTB 19mar2026Bond - Gov't/Treasury188.39 Cr0.72%
Hero Fincorp LimitedCash - Commercial Paper188.39 Cr0.72%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit188 Cr0.72%
Credila Financial Services LimitedCash - Commercial Paper187.92 Cr0.72%
ICICI Securities LimitedCash - Commercial Paper187.25 Cr0.72%
Muthoot Fincorp LimitedCash - Commercial Paper186.39 Cr0.72%
AU Small Finance Bank Ltd.Bond - Corporate Bond185.95 Cr0.71%
AU Small Finance Bank Ltd.Bond - Corporate Bond185.88 Cr0.71%
Motilal Oswal Financial Services LtdCash - Commercial Paper185.55 Cr0.71%
Sharekhan LimitedCash - Commercial Paper147.78 Cr0.57%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper142.68 Cr0.55%
IDBI Bank LimitedCash - CD/Time Deposit141.42 Cr0.54%
Hero Fincorp LimitedCash - Commercial Paper140.81 Cr0.54%
Standard Chartered Capital LimitedCash - Commercial Paper140.8 Cr0.54%
The Federal Bank LimitedCash - CD/Time Deposit121.93 Cr0.47%
Motilal Oswal Financial Services LtdCash - Commercial Paper116.01 Cr0.45%
08.52 Ts SDL 2026Bond - Gov't/Treasury111.76 Cr0.43%
0% Goi - 16dec25 StripsBond - Gov't/Treasury96.1 Cr0.37%
Sharekhan LimitedCash - Commercial Paper95.64 Cr0.37%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)Cash - CD/Time Deposit95.3 Cr0.37%
Union Bank Of IndiaCash - CD/Time Deposit95.27 Cr0.37%
Indusind Bank Ltd.Cash - CD/Time Deposit95.24 Cr0.37%
Bahadur Chand Investments Private LimitedCash - Commercial Paper95.19 Cr0.37%
Hero Fincorp LimitedCash - Commercial Paper95.18 Cr0.37%
Muthoot Finance LimitedCash - Commercial Paper95.17 Cr0.37%
Standard Chartered Capital LimitedCash - Commercial Paper95.01 Cr0.36%
Igh Holdings Private LimitedCash - Commercial Paper94.91 Cr0.36%
Indian BankCash - CD/Time Deposit94.74 Cr0.36%
Bahadur Chand Investments Private LimitedCash - Commercial Paper94.62 Cr0.36%
Tata Capital LimitedCash - Commercial Paper94.46 Cr0.36%
Punjab And Sind BankCash - CD/Time Deposit94.41 Cr0.36%
ICICI Securities LimitedCash - Commercial Paper94.26 Cr0.36%
Muthoot Finance LimitedCash - Commercial Paper94.2 Cr0.36%
Standard Chartered Capital LimitedCash - Commercial Paper94.09 Cr0.36%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper94.06 Cr0.36%
Muthoot Finance LimitedCash - Commercial Paper93.96 Cr0.36%
Birla Group Holdings Private LimitedCash - Commercial Paper93.88 Cr0.36%
Bahadur Chand Investments Private LimitedCash - Commercial Paper93.86 Cr0.36%
Hero Fincorp LimitedCash - Commercial Paper93.8 Cr0.36%
Infina Finance Private LimitedCash - Commercial Paper93.6 Cr0.36%
Standard Chartered Capital LimitedCash - Commercial Paper93.56 Cr0.36%
Birla Group Holdings Private LimitedCash - Commercial Paper93.11 Cr0.36%
Goi 19.09.2025 GovBond - Gov't/Treasury85.41 Cr0.33%
08.20 GJ Sdl 2025decBond - Gov't/Treasury75.78 Cr0.29%
07.99 KL Sdl 2025Bond - Gov't/Treasury75.57 Cr0.29%
The Federal Bank LimitedCash - CD/Time Deposit72.65 Cr0.28%
Indian BankCash - CD/Time Deposit70.91 Cr0.27%
Deutsche Investments India Private LimitedCash - Commercial Paper70.69 Cr0.27%
Infina Finance Private LimitedCash - Commercial Paper70.55 Cr0.27%
Birla Group Holdings Private LimitedCash - Commercial Paper70.52 Cr0.27%
Corporate Debt Market Development FundMutual Fund - Open End68.56 Cr0.26%
08.53 Tn SDL 2026Bond - Gov't/Treasury61.05 Cr0.23%
Goi 12.09.2025 GovBond - Gov't/Treasury60.43 Cr0.23%
Goi 15.12.2025 GovBond - Gov't/Treasury58.47 Cr0.22%
Gs CG 12/12/2025 - (Strips) TbBond - Gov't/Treasury58.23 Cr0.22%
08.28 KA Sdl 2026Bond - Gov't/Treasury50.76 Cr0.19%
08.27 Ts SDL 2025Bond - Gov't/Treasury50.57 Cr0.19%
08.12 MH Sdl 2025Bond - Gov't/Treasury50.45 Cr0.19%
Goi Strips 06092025Bond - Gov't/Treasury48.46 Cr0.19%
Hero Housing Finance LimitedCash - Commercial Paper48.35 Cr0.19%
Tata Capital Housing Finance LimitedCash - Commercial Paper48.26 Cr0.19%
Hero Fincorp LimitedCash - Commercial Paper47.79 Cr0.18%
The Federal Bank LimitedCash - CD/Time Deposit47.27 Cr0.18%
Muthoot Finance Ltd.Bond - Corporate Bond46.65 Cr0.18%
Birla Group Holdings Private LimitedCash - Commercial Paper46.65 Cr0.18%
Muthoot Finance Limited**Cash - Commercial Paper46.61 Cr0.18%
GS CG 22/8/2025 - (STRIPS) StripsBond - Gov't/Treasury44.46 Cr0.17%
Goi 22.10.2025 StripsBond - Gov't/Treasury41.99 Cr0.16%
Gs CG 19/12/2025 - (Strips) TbBond - Gov't/Treasury34.06 Cr0.13%
08.27 Tn SDL 2026Bond - Gov't/Treasury25.32 Cr0.10%
Indusind Bank LimitedCash - CD/Time Deposit24.32 Cr0.09%
Mankind Pharma LimitedCash - Commercial Paper24.02 Cr0.09%
IDFC First Bank LimitedCash - CD/Time Deposit23.88 Cr0.09%
GS CG 17/12/2025 - (STRIPS) StripsBond - Gov't/Treasury18.54 Cr0.07%
08.49 Tn SDL 2026Bond - Gov't/Treasury15.24 Cr0.06%
06.18 GJ Sdl 2026 25 JanBond - Gov't/Treasury14.96 Cr0.06%
08.24 KL Sdl 2025Bond - Gov't/Treasury10.02 Cr0.04%
GOI 17.06.2025 GOVBond - Gov't/Treasury9.87 Cr0.04%
08.27 GJ Sdl 2026Bond - Gov't/Treasury5.06 Cr0.02%
08.16 KA Sdl 2025Bond - Gov't/Treasury5.05 Cr0.02%
05.95 Tn SDL 2025Bond - Gov't/Treasury4.99 Cr0.02%
Goi Strips - Mat 100525Bond - Gov't/Treasury4.97 Cr0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit15,723.16 Cr60.40%
Cash - Commercial Paper6,822.5 Cr26.21%
Bond - Gov't/Treasury3,687.53 Cr14.16%
Cash-2,264.64 Cr8.70%
Bond - Gov't Agency Debt1,004.78 Cr3.86%
Cash - Repurchase Agreement573.48 Cr2.20%
Bond - Corporate Bond418.48 Cr1.61%
Mutual Fund - Open End68.56 Cr0.26%
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.49%

Cat. avg.

0.66%

Lower the better

Sharpe Ratio

This fund

0.89

Cat. avg.

0.03

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.41

Higher the better

Fund Managers

PJ

Praveen Jain

Since August 2024

DM

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 31st March 2025

ISIN
INF179KB1HR5
Expense Ratio
0.41%
Exit Load
No Charges
Fund Size
₹26,034 Cr
Age
25 years 5 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹158.60 Cr-
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹158.60 Cr-
Zerodha Nifty 1D Rate Liquid ETF

Low Risk

0.3%-₹3981.34 Cr6.3%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹2196.81 Cr7.8%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2536.19 Cr8.0%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹24183.52 Cr8.1%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10048.45 Cr8.1%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.3%0.0%₹15229.55 Cr8.1%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹5445.54 Cr7.9%

About the AMC

HDFC Mutual Fund

HDFC Mutual Fund

Total AUM

₹7,00,201 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

0.9%1.0%₹1634.08 Cr29.3%
HDFC Technology Fund Direct Growth

Very High Risk

1.0%1.0%₹1359.15 Cr12.1%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth

Low Risk

-0.0%₹32.90 Cr7.3%
HDFC FMP 1204D December 2022 (47) Direct Growth

Low to Moderate Risk

--₹51.24 Cr8.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth

Low to Moderate Risk

-0.0%₹76.38 Cr8.6%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹316.54 Cr8.3%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth

Moderate Risk

-0.0%₹246.30 Cr8.4%
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%₹32.39 Cr9.3%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth

Low Risk

-0.0%₹161.40 Cr7.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹462.77 Cr9.3%
HDFC FMP 2638D February 2023 (47) Direct Growth

Moderate Risk

-0.0%₹151.02 Cr12.3%
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

0.8%1.0%₹94824.34 Cr9.5%
HDFC Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹23229.08 Cr10.0%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth

Moderate Risk

0.2%0.0%₹69.69 Cr7.0%
HDFC Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹30223.46 Cr1.0%
HDFC Housing Opportunities Fund Direct Growth

Very High Risk

1.3%1.0%₹1257.48 Cr1.1%
HDFC Large and Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹23379.95 Cr8.4%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹694.70 Cr12.5%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1324.80 Cr8.6%
HDFC Business Cycle Fund Direct Growth

Very High Risk

0.9%1.0%₹2762.36 Cr6.2%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹400.43 Cr1.6%
HDFC Credit Risk Debt Fund Direct Growth

High Risk

1.0%1.0%₹7229.73 Cr9.4%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹199.12 Cr8.6%
HDFC Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹5995.94 Cr9.7%
HDFC Banking & Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹3722.44 Cr16.6%
HDFC Non-Cyclical Consumer Fund Direct Growth

Very High Risk

1.1%1.0%₹901.19 Cr11.9%
HDFC Asset Allocator Fund of Funds Direct Growth

High Risk

0.1%1.0%₹3683.29 Cr13.5%
HDFC Gold Fund Direct Growth

High Risk

0.2%1.0%₹3557.61 Cr28.3%
HDFC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹2907.41 Cr12.0%
HDFC Dynamic Debt Fund Direct Growth

Moderate Risk

0.8%0.0%₹778.49 Cr11.3%
HDFC Medium Term Debt Fund Direct Growth

Moderately High risk

0.7%0.0%₹3860.84 Cr10.2%
HDFC Income Fund Direct Growth

Moderate Risk

0.8%0.0%₹884.76 Cr11.4%
HDFC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2329.22 Cr6.0%
HDFC Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹50517.49 Cr7.4%
HDFC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹32526.64 Cr10.0%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹72610.08 Cr10.0%
HDFC Hybrid Debt Fund Direct Growth

Moderately High risk

1.1%1.0%₹3309.97 Cr10.0%
HDFC TaxSaver Direct Growth

Very High Risk

1.1%0.0%₹15555.71 Cr15.7%
HDFC Multi - Asset Fund Direct Growth

Very High Risk

0.8%1.0%₹3837.22 Cr12.0%
HDFC Equity Savings Fund Direct Growth

Moderately High risk

0.9%1.0%₹5460.36 Cr7.8%
HDFC Short Term Debt Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹14207.90 Cr9.7%
HDFC Top 100 Fund Direct Growth

Very High Risk

1.0%1.0%₹36108.73 Cr7.7%
HDFC S&P BSE 500 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹208.37 Cr6.1%
HDFC Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹291.20 Cr6.4%
HDFC Dividend Yield Fund Direct Growth

Very High Risk

0.8%1.0%₹5963.69 Cr5.2%
HDFC Low Duration Fund Direct Growth

Moderate Risk

0.5%0.0%₹18185.04 Cr8.4%
HDFC Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹18350.43 Cr7.9%
HDFC Capital Builder Value Fund Direct Growth

Very High Risk

1.1%1.0%₹6806.23 Cr11.4%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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The NAV of HDFC Money Market Fund Regular Growth, as of 17-Apr-2025, is ₹5642.17.
The fund has generated 7.91% over the last 1 year and 7.09% 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, 18.40% in bonds, and 81.34% in cash and cash equivalents.
The fund managers responsible for HDFC Money Market Fund Regular Growth are:-
  1. Praveen Jain
  2. Dhruv Muchhal

Fund Overview

Fund Size

Fund Size

₹26,034 Cr

Expense Ratio

Expense Ratio

0.41%

ISIN

ISIN

INF179KB1HR5

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Nov 1999

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

About this fund

HDFC Money Market Fund Regular Growth is a Money Market mutual fund schemes offered by HDFC Mutual Fund. This fund has been in existence for 25 years, 5 months and 1 days, having been launched on 18-Nov-99.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹5642.17, Assets Under Management (AUM) of 26033.86 Crores, and an expense ratio of 0.41%.
  • HDFC Money Market Fund Regular Growth has given a CAGR return of 7.05% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 18.40% in debts, and 81.34% in cash & cash equivalents.
  • You can start investing in HDFC Money Market Fund Regular 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

+7.91%

+6.93% (Cat Avg.)

3 Years

+7.09%

+6.64% (Cat Avg.)

5 Years

+6.13%

+5.67% (Cat Avg.)

10 Years

+6.77%

+5.77% (Cat Avg.)

Since Inception

+7.05%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Debt4,790.3 Cr18.40%
Others21,243.55 Cr81.60%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Current AssetsCash-2,264.64 Cr8.70%
National Bank For Agriculture & Rural Development**Cash - CD/Time Deposit866.09 Cr3.33%
Punjab National BankCash - CD/Time Deposit781.53 Cr3.00%
Punjab National BankBond - Gov't Agency Debt747.92 Cr2.87%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit727.4 Cr2.79%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit708.89 Cr2.72%
LIC Housing Finance LimitedCash - Commercial Paper704.78 Cr2.71%
Treps - Tri-Party RepoCash - Repurchase Agreement573.48 Cr2.20%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit567.87 Cr2.18%
Union Bank Of IndiaCash - CD/Time Deposit566.29 Cr2.18%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit565.34 Cr2.17%
Bank Of BarodaCash - CD/Time Deposit520.45 Cr2.00%
Export-Import Bank Of IndiaCash - Commercial Paper519.34 Cr1.99%
07.35 GJ Sdl 2026Bond - Gov't/Treasury483.64 Cr1.86%
Canara BankCash - CD/Time Deposit475.61 Cr1.83%
Axis Bank LimitedCash - CD/Time Deposit473.65 Cr1.82%
364 Days Tbill (Md 05/03/2026)Bond - Gov't/Treasury472.15 Cr1.81%
IDFC First Bank LimitedCash - CD/Time Deposit472.05 Cr1.81%
Indusind Bank LimitedCash - CD/Time Deposit471.06 Cr1.81%
IDBI Bank LimitedCash - CD/Time Deposit469.02 Cr1.80%
Bank Of Baroda**Cash - CD/Time Deposit468.46 Cr1.80%
LIC Housing Finance Limited**Cash - Commercial Paper467.41 Cr1.80%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit424.07 Cr1.63%
Bank Of IndiaCash - CD/Time Deposit424.01 Cr1.63%
Tata Teleservices (Maharashtra) LtdCash - Commercial Paper381.84 Cr1.47%
Indusind Bank LimitedCash - CD/Time Deposit381.46 Cr1.47%
Union Bank Of IndiaCash - CD/Time Deposit380.5 Cr1.46%
Union Bank Of IndiaCash - CD/Time Deposit377.95 Cr1.45%
Axis Bank LimitedCash - CD/Time Deposit376.87 Cr1.45%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit376.18 Cr1.44%
Union Bank Of IndiaCash - CD/Time Deposit375.65 Cr1.44%
364 Days Tbill Red 12-03-2026Bond - Gov't/Treasury329.94 Cr1.27%
182 DTB 27062025Bond - Gov't/Treasury290.65 Cr1.12%
Bank Of IndiaCash - CD/Time Deposit285.93 Cr1.10%
364 DTB 12022026Bond - Gov't/Treasury284.2 Cr1.09%
364 Days Tbill Mat 200226Bond - Gov't/Treasury283.9 Cr1.09%
Canara BankCash - CD/Time Deposit283.62 Cr1.09%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit283.23 Cr1.09%
Canara BankCash - CD/Time Deposit282.89 Cr1.09%
Bank Of IndiaCash - CD/Time Deposit282.88 Cr1.09%
Indian Bank (12/03/2026)Cash - CD/Time Deposit281 Cr1.08%
Punjab National Bank (18/03/2026)Cash - CD/Time Deposit280.52 Cr1.08%
Punjab National BankBond - Gov't Agency Debt256.86 Cr0.99%
Bharti Telecom LimitedCash - Commercial Paper240.94 Cr0.93%
The Federal Bank LimitedCash - CD/Time Deposit240.67 Cr0.92%
The Federal Bank LimitedCash - CD/Time Deposit238.17 Cr0.91%
364 Days Tbill Red 05-02-2026Bond - Gov't/Treasury237.11 Cr0.91%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit235.55 Cr0.90%
Au Small Finance Bank LimitedCash - CD/Time Deposit234.76 Cr0.90%
Muthoot Fincorp LimitedCash - Commercial Paper216 Cr0.83%
Credila Financial Services LimitedCash - Commercial Paper213.63 Cr0.82%
Bank Of BarodaCash - CD/Time Deposit189.36 Cr0.73%
Tata Capital LimitedCash - Commercial Paper188.99 Cr0.73%
Union Bank Of IndiaCash - CD/Time Deposit188.83 Cr0.73%
364 DTB 19mar2026Bond - Gov't/Treasury188.39 Cr0.72%
Hero Fincorp LimitedCash - Commercial Paper188.39 Cr0.72%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit188 Cr0.72%
Credila Financial Services LimitedCash - Commercial Paper187.92 Cr0.72%
ICICI Securities LimitedCash - Commercial Paper187.25 Cr0.72%
Muthoot Fincorp LimitedCash - Commercial Paper186.39 Cr0.72%
AU Small Finance Bank Ltd.Bond - Corporate Bond185.95 Cr0.71%
AU Small Finance Bank Ltd.Bond - Corporate Bond185.88 Cr0.71%
Motilal Oswal Financial Services LtdCash - Commercial Paper185.55 Cr0.71%
Sharekhan LimitedCash - Commercial Paper147.78 Cr0.57%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper142.68 Cr0.55%
IDBI Bank LimitedCash - CD/Time Deposit141.42 Cr0.54%
Hero Fincorp LimitedCash - Commercial Paper140.81 Cr0.54%
Standard Chartered Capital LimitedCash - Commercial Paper140.8 Cr0.54%
The Federal Bank LimitedCash - CD/Time Deposit121.93 Cr0.47%
Motilal Oswal Financial Services LtdCash - Commercial Paper116.01 Cr0.45%
08.52 Ts SDL 2026Bond - Gov't/Treasury111.76 Cr0.43%
0% Goi - 16dec25 StripsBond - Gov't/Treasury96.1 Cr0.37%
Sharekhan LimitedCash - Commercial Paper95.64 Cr0.37%
IDBI Bank Limited (Industrial Development Bank Of India Ltd)Cash - CD/Time Deposit95.3 Cr0.37%
Union Bank Of IndiaCash - CD/Time Deposit95.27 Cr0.37%
Indusind Bank Ltd.Cash - CD/Time Deposit95.24 Cr0.37%
Bahadur Chand Investments Private LimitedCash - Commercial Paper95.19 Cr0.37%
Hero Fincorp LimitedCash - Commercial Paper95.18 Cr0.37%
Muthoot Finance LimitedCash - Commercial Paper95.17 Cr0.37%
Standard Chartered Capital LimitedCash - Commercial Paper95.01 Cr0.36%
Igh Holdings Private LimitedCash - Commercial Paper94.91 Cr0.36%
Indian BankCash - CD/Time Deposit94.74 Cr0.36%
Bahadur Chand Investments Private LimitedCash - Commercial Paper94.62 Cr0.36%
Tata Capital LimitedCash - Commercial Paper94.46 Cr0.36%
Punjab And Sind BankCash - CD/Time Deposit94.41 Cr0.36%
ICICI Securities LimitedCash - Commercial Paper94.26 Cr0.36%
Muthoot Finance LimitedCash - Commercial Paper94.2 Cr0.36%
Standard Chartered Capital LimitedCash - Commercial Paper94.09 Cr0.36%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper94.06 Cr0.36%
Muthoot Finance LimitedCash - Commercial Paper93.96 Cr0.36%
Birla Group Holdings Private LimitedCash - Commercial Paper93.88 Cr0.36%
Bahadur Chand Investments Private LimitedCash - Commercial Paper93.86 Cr0.36%
Hero Fincorp LimitedCash - Commercial Paper93.8 Cr0.36%
Infina Finance Private LimitedCash - Commercial Paper93.6 Cr0.36%
Standard Chartered Capital LimitedCash - Commercial Paper93.56 Cr0.36%
Birla Group Holdings Private LimitedCash - Commercial Paper93.11 Cr0.36%
Goi 19.09.2025 GovBond - Gov't/Treasury85.41 Cr0.33%
08.20 GJ Sdl 2025decBond - Gov't/Treasury75.78 Cr0.29%
07.99 KL Sdl 2025Bond - Gov't/Treasury75.57 Cr0.29%
The Federal Bank LimitedCash - CD/Time Deposit72.65 Cr0.28%
Indian BankCash - CD/Time Deposit70.91 Cr0.27%
Deutsche Investments India Private LimitedCash - Commercial Paper70.69 Cr0.27%
Infina Finance Private LimitedCash - Commercial Paper70.55 Cr0.27%
Birla Group Holdings Private LimitedCash - Commercial Paper70.52 Cr0.27%
Corporate Debt Market Development FundMutual Fund - Open End68.56 Cr0.26%
08.53 Tn SDL 2026Bond - Gov't/Treasury61.05 Cr0.23%
Goi 12.09.2025 GovBond - Gov't/Treasury60.43 Cr0.23%
Goi 15.12.2025 GovBond - Gov't/Treasury58.47 Cr0.22%
Gs CG 12/12/2025 - (Strips) TbBond - Gov't/Treasury58.23 Cr0.22%
08.28 KA Sdl 2026Bond - Gov't/Treasury50.76 Cr0.19%
08.27 Ts SDL 2025Bond - Gov't/Treasury50.57 Cr0.19%
08.12 MH Sdl 2025Bond - Gov't/Treasury50.45 Cr0.19%
Goi Strips 06092025Bond - Gov't/Treasury48.46 Cr0.19%
Hero Housing Finance LimitedCash - Commercial Paper48.35 Cr0.19%
Tata Capital Housing Finance LimitedCash - Commercial Paper48.26 Cr0.19%
Hero Fincorp LimitedCash - Commercial Paper47.79 Cr0.18%
The Federal Bank LimitedCash - CD/Time Deposit47.27 Cr0.18%
Muthoot Finance Ltd.Bond - Corporate Bond46.65 Cr0.18%
Birla Group Holdings Private LimitedCash - Commercial Paper46.65 Cr0.18%
Muthoot Finance Limited**Cash - Commercial Paper46.61 Cr0.18%
GS CG 22/8/2025 - (STRIPS) StripsBond - Gov't/Treasury44.46 Cr0.17%
Goi 22.10.2025 StripsBond - Gov't/Treasury41.99 Cr0.16%
Gs CG 19/12/2025 - (Strips) TbBond - Gov't/Treasury34.06 Cr0.13%
08.27 Tn SDL 2026Bond - Gov't/Treasury25.32 Cr0.10%
Indusind Bank LimitedCash - CD/Time Deposit24.32 Cr0.09%
Mankind Pharma LimitedCash - Commercial Paper24.02 Cr0.09%
IDFC First Bank LimitedCash - CD/Time Deposit23.88 Cr0.09%
GS CG 17/12/2025 - (STRIPS) StripsBond - Gov't/Treasury18.54 Cr0.07%
08.49 Tn SDL 2026Bond - Gov't/Treasury15.24 Cr0.06%
06.18 GJ Sdl 2026 25 JanBond - Gov't/Treasury14.96 Cr0.06%
08.24 KL Sdl 2025Bond - Gov't/Treasury10.02 Cr0.04%
GOI 17.06.2025 GOVBond - Gov't/Treasury9.87 Cr0.04%
08.27 GJ Sdl 2026Bond - Gov't/Treasury5.06 Cr0.02%
08.16 KA Sdl 2025Bond - Gov't/Treasury5.05 Cr0.02%
05.95 Tn SDL 2025Bond - Gov't/Treasury4.99 Cr0.02%
Goi Strips - Mat 100525Bond - Gov't/Treasury4.97 Cr0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit15,723.16 Cr60.40%
Cash - Commercial Paper6,822.5 Cr26.21%
Bond - Gov't/Treasury3,687.53 Cr14.16%
Cash-2,264.64 Cr8.70%
Bond - Gov't Agency Debt1,004.78 Cr3.86%
Cash - Repurchase Agreement573.48 Cr2.20%
Bond - Corporate Bond418.48 Cr1.61%
Mutual Fund - Open End68.56 Cr0.26%
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.49%

Cat. avg.

0.66%

Lower the better

Sharpe Ratio

This fund

0.89

Cat. avg.

0.03

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.41

Higher the better

Fund Managers

PJ

Praveen Jain

Since August 2024

DM

Dhruv Muchhal

Since June 2023

Additional Scheme Detailsas of 31st March 2025

ISIN
INF179KB1HR5
Expense Ratio
0.41%
Exit Load
No Charges
Fund Size
₹26,034 Cr
Age
25 years 5 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹158.60 Cr-
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹158.60 Cr-
Zerodha Nifty 1D Rate Liquid ETF

Low Risk

0.3%-₹3981.34 Cr6.3%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹2196.81 Cr7.8%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2536.19 Cr8.0%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹24183.52 Cr8.1%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10048.45 Cr8.1%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.3%0.0%₹15229.55 Cr8.1%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹5445.54 Cr7.9%

About the AMC

HDFC Mutual Fund

HDFC Mutual Fund

Total AUM

₹7,00,201 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

0.9%1.0%₹1634.08 Cr29.3%
HDFC Technology Fund Direct Growth

Very High Risk

1.0%1.0%₹1359.15 Cr12.1%
HDFC Fixed Maturity Plan 1162 Days March 2022 Series 46 Direct Growth

Low Risk

-0.0%₹32.90 Cr7.3%
HDFC FMP 1204D December 2022 (47) Direct Growth

Low to Moderate Risk

--₹51.24 Cr8.1%
HDFC Fixed Maturity Plans 1269 Days March 2023 Series 47 Direct Growth

Low to Moderate Risk

-0.0%₹76.38 Cr8.6%
HDFC Fixed Maturity Plans 1359 Days September 2022 Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹316.54 Cr8.3%
HDFC Fixed Maturity Plan 1406 Days August 2022 Series 46 Direct Growth

Moderate Risk

-0.0%₹246.30 Cr8.4%
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%₹32.39 Cr9.3%
HDFC Fixed Maturity Plans Series 46 1158D July 2022 Direct Growth

Low Risk

-0.0%₹161.40 Cr7.6%
HDFC Fixed Maturity Plan 1861 Days Series 46 Direct Growth

Low to Moderate Risk

-0.0%₹462.77 Cr9.3%
HDFC FMP 2638D February 2023 (47) Direct Growth

Moderate Risk

-0.0%₹151.02 Cr12.3%
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

0.8%1.0%₹94824.34 Cr9.5%
HDFC Hybrid Equity Fund Direct Growth

Very High Risk

1.1%1.0%₹23229.08 Cr10.0%
HDFC Dynamic PE Ratio Fund of Funds Plan A Direct Growth

Moderate Risk

0.2%0.0%₹69.69 Cr7.0%
HDFC Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹30223.46 Cr1.0%
HDFC Housing Opportunities Fund Direct Growth

Very High Risk

1.3%1.0%₹1257.48 Cr1.1%
HDFC Large and Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹23379.95 Cr8.4%
HDFC Nifty G-Sec July 2031 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹694.70 Cr12.5%
HDFC Nifty G-sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1324.80 Cr8.6%
HDFC Business Cycle Fund Direct Growth

Very High Risk

0.9%1.0%₹2762.36 Cr6.2%
HDFC NIFTY Smallcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹400.43 Cr1.6%
HDFC Credit Risk Debt Fund Direct Growth

High Risk

1.0%1.0%₹7229.73 Cr9.4%
HDFC Nifty SDL Oct 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹199.12 Cr8.6%
HDFC Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹5995.94 Cr9.7%
HDFC Banking & Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹3722.44 Cr16.6%
HDFC Non-Cyclical Consumer Fund Direct Growth

Very High Risk

1.1%1.0%₹901.19 Cr11.9%
HDFC Asset Allocator Fund of Funds Direct Growth

High Risk

0.1%1.0%₹3683.29 Cr13.5%
HDFC Gold Fund Direct Growth

High Risk

0.2%1.0%₹3557.61 Cr28.3%
HDFC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹2907.41 Cr12.0%
HDFC Dynamic Debt Fund Direct Growth

Moderate Risk

0.8%0.0%₹778.49 Cr11.3%
HDFC Medium Term Debt Fund Direct Growth

Moderately High risk

0.7%0.0%₹3860.84 Cr10.2%
HDFC Income Fund Direct Growth

Moderate Risk

0.8%0.0%₹884.76 Cr11.4%
HDFC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2329.22 Cr6.0%
HDFC Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹50517.49 Cr7.4%
HDFC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹32526.64 Cr10.0%
HDFC Mid-Cap Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹72610.08 Cr10.0%
HDFC Hybrid Debt Fund Direct Growth

Moderately High risk

1.1%1.0%₹3309.97 Cr10.0%
HDFC TaxSaver Direct Growth

Very High Risk

1.1%0.0%₹15555.71 Cr15.7%
HDFC Multi - Asset Fund Direct Growth

Very High Risk

0.8%1.0%₹3837.22 Cr12.0%
HDFC Equity Savings Fund Direct Growth

Moderately High risk

0.9%1.0%₹5460.36 Cr7.8%
HDFC Short Term Debt Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹14207.90 Cr9.7%
HDFC Top 100 Fund Direct Growth

Very High Risk

1.0%1.0%₹36108.73 Cr7.7%
HDFC S&P BSE 500 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹208.37 Cr6.1%
HDFC Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹291.20 Cr6.4%
HDFC Dividend Yield Fund Direct Growth

Very High Risk

0.8%1.0%₹5963.69 Cr5.2%
HDFC Low Duration Fund Direct Growth

Moderate Risk

0.5%0.0%₹18185.04 Cr8.4%
HDFC Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹18350.43 Cr7.9%
HDFC Capital Builder Value Fund Direct Growth

Very High Risk

1.1%1.0%₹6806.23 Cr11.4%

Still got questions?
We're here to help.

The NAV of HDFC Money Market Fund Regular Growth, as of 17-Apr-2025, is ₹5642.17.
The fund has generated 7.91% over the last 1 year and 7.09% 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, 18.40% in bonds, and 81.34% in cash and cash equivalents.
The fund managers responsible for HDFC Money Market Fund Regular Growth are:-
  1. Praveen Jain
  2. Dhruv Muchhal
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