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Fund Overview

Fund Size

Fund Size

₹6,993 Cr

Expense Ratio

Expense Ratio

0.16%

ISIN

ISIN

INF917K01FE6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

HSBC Money Market Fund Direct Growth is a Money Market mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 13 years, 9 months and 2 days, having been launched on 01-Jan-13.
As of 01-Oct-26, it has a Net Asset Value (NAV) of ₹30.01, Assets Under Management (AUM) of 6992.96 Crores, and an expense ratio of 0.16%.
  • HSBC Money Market Fund Direct Growth has given a CAGR return of 7.41% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 14.40% in debts, and 85.60% in cash & cash equivalents.
  • You can start investing in HSBC Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

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

+6.48%

+6.07% (Cat Avg.)

3 Years

+7.33%

+6.93% (Cat Avg.)

5 Years

+6.58%

+6.31% (Cat Avg.)

10 Years

+6.79%

+5.87% (Cat Avg.)

Since Inception

+7.41%

— (Cat Avg.)

Portfolio Summaryas of 15th September 2026

Debt₹1,007.12 Cr14.40%
Others₹5,985.84 Cr85.60%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement₹397.87 Cr5.17%
Union Bank Of IndiaCash - CD/Time Deposit₹290.48 Cr3.78%
Canara BankCash - CD/Time Deposit₹218.17 Cr2.84%
Net Current Assets (Including Cash & Bank Balances)Cash₹-213.8 Cr2.78%
India (Republic of)Bond - Short-term Government Bills₹195.13 Cr2.54%
Bank Of BarodaCash - CD/Time Deposit₹194.93 Cr2.53%
Axis Bank LimitedCash - CD/Time Deposit₹172.3 Cr2.24%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit₹169.55 Cr2.21%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt₹169.18 Cr2.20%
TbillBond - Gov't/Treasury₹148.19 Cr1.93%
HDFC Bank LimitedCash - CD/Time Deposit₹147.77 Cr1.92%
Bajaj Financial Securities LimitedCash - Commercial Paper₹147.62 Cr1.92%
Punjab National BankCash - CD/Time Deposit₹146.19 Cr1.90%
Day TbillBond - Gov't/Treasury₹146.18 Cr1.90%
Bank Of BarodaCash - CD/Time Deposit₹145.34 Cr1.89%
Rec Limited**Cash₹145.33 Cr1.89%
Bajaj Housing Finance LimitedCash - Commercial Paper₹145.23 Cr1.89%
The Federal Bank LimitedCash - CD/Time Deposit₹123.19 Cr1.60%
Axis Bank LimitedCash - CD/Time Deposit₹122.27 Cr1.59%
Canara BankCash - CD/Time Deposit₹122 Cr1.59%
HDFC Bank LtdCash - CD/Time Deposit₹121.35 Cr1.58%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit₹121.21 Cr1.58%
HDFC Bank LimitedCash - CD/Time Deposit₹121.15 Cr1.58%
26/11/2026 Maturing 364 DTBBond - Gov't/Treasury₹99.03 Cr1.29%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit₹98.45 Cr1.28%
India (Republic of)Bond - Short-term Government Bills₹98.01 Cr1.27%
Muthoot Finance LimitedCash - Commercial Paper₹97.57 Cr1.27%
Punjab National BankCash - CD/Time Deposit₹97.44 Cr1.27%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit₹97.4 Cr1.27%
ICICI Bank LimitedCash - CD/Time Deposit₹97.36 Cr1.27%
Axis Bank LimitedCash - CD/Time Deposit₹97.31 Cr1.27%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit₹97.18 Cr1.26%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)Cash - Commercial Paper₹97.06 Cr1.26%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit₹97.01 Cr1.26%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit₹96.9 Cr1.26%
Exim Bank**Cash₹96.82 Cr1.26%
LIC Housing Finance LtdCash - Commercial Paper₹96.81 Cr1.26%
Infina Finance Private LimitedCash - Commercial Paper₹96.78 Cr1.26%
The Federal Bank LimitedCash - CD/Time Deposit₹96.75 Cr1.26%
Cholamandalam Investment And Finance Company LimitedCash - Commercial Paper₹96.64 Cr1.26%
Sharekhan Limited**Cash₹96.62 Cr1.26%
Muthoot Fincorp LimitedCash - Commercial Paper₹96.3 Cr1.25%
Muthoot Fincorp LimitedCash - Commercial Paper₹95.99 Cr1.25%
The Federal Bank LimitedCash - CD/Time Deposit₹94.85 Cr1.23%
Canara BankBond - Gov't Agency Debt₹94.66 Cr1.23%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit₹93.66 Cr1.22%
7.74% Tamilnadu SDL 2027Bond - Gov't/Treasury₹91.05 Cr1.18%
Indusind Bank LimitedCash - CD/Time Deposit₹82.99 Cr1.08%
7.2% Tamilnadu SDL 2027Bond - Gov't/Treasury₹81.17 Cr1.06%
Days T-BillBond - Gov't/Treasury₹74.17 Cr0.96%
Au Small Finance Bank LimitedCash - CD/Time Deposit₹73.97 Cr0.96%
Canara BankCash - CD/Time Deposit₹73.46 Cr0.96%
Axis Bank LtdCash - CD/Time Deposit₹73.38 Cr0.95%
HDFC Bank LimitedCash - CD/Time Deposit₹73.06 Cr0.95%
360 One Prime LimitedCash - Commercial Paper₹73.02 Cr0.95%
Axis Bank Ltd.Bond - Corporate Bond₹72.8 Cr0.95%
Bank Of BarodaCash - CD/Time Deposit₹72.71 Cr0.95%
Birla Group Holdings Private LimitedCash - Commercial Paper₹72.49 Cr0.94%
Motilal Oswal Financial Services LimitedCash - Commercial Paper₹72.44 Cr0.94%
Infina Finance Private LimitedCash - Commercial Paper₹72.18 Cr0.94%
TATA Projects LimitedCash - Commercial Paper₹49.25 Cr0.64%
Indian BankCash - CD/Time Deposit₹48.93 Cr0.64%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit₹48.9 Cr0.64%
TbillBond - Gov't/Treasury₹48.83 Cr0.64%
Birla Group Holdings Private LimitedCash - Commercial Paper₹48.74 Cr0.63%
Motilal Oswal Financial Services LimitedCash - Commercial Paper₹48.65 Cr0.63%
Muthoot Finance LimitedCash - Commercial Paper₹48.61 Cr0.63%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit₹48.58 Cr0.63%
Birla Group Holdings Private LimitedCash - Commercial Paper₹48.54 Cr0.63%
Aditya Birla Housing Finance LimitedCash - Commercial Paper₹48.46 Cr0.63%
The Federal Bank LimitedCash - CD/Time Deposit₹48.44 Cr0.63%
HDFC Bank LimitedCash - CD/Time Deposit₹48.43 Cr0.63%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit₹48.4 Cr0.63%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit₹47.43 Cr0.62%
Bank of India Ltd.Bond - Corporate Bond₹43.75 Cr0.57%
Punjab National BankCash - CD/Time Deposit₹43.57 Cr0.57%
6.54% Maharashtra Sdl 2027Bond - Gov't/Treasury₹25.23 Cr0.33%
Cholamandalam Investment And Finance Company LimitedCash - Commercial Paper₹24.37 Cr0.32%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit₹24.33 Cr0.32%
Canara BankBond - Gov't Agency Debt₹24.27 Cr0.32%
ICICI Bank LimitedCash - CD/Time Deposit₹24.23 Cr0.32%
SBI Funds Management Private LtdBond - Corporate Bond₹17.17 Cr0.22%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit₹4,161.01 Cr54.11%
Cash - Commercial Paper₹1,576.74 Cr20.51%
Bond - Gov't/Treasury₹713.85 Cr9.28%
Cash₹124.97 Cr7.19%
Cash - Repurchase Agreement₹397.87 Cr5.17%
Bond - Short-term Government Bills₹293.13 Cr3.81%
Bond - Gov't Agency Debt₹288.11 Cr3.75%
Bond - Corporate Bond₹133.72 Cr1.74%

Risk & Performance Ratios

Standard Deviation

This fund

0.56%

Cat. avg.

0.69%

Lower the better

Sharpe Ratio

This fund

1.65

Cat. avg.

0.99

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.59

Higher the better

Fund Managers

MC

Mahesh Chhabria

Since February 2025

Abhishek Iyer

Abhishek Iyer

Since April 2025

Additional Scheme Detailsas of 15th September 2026

ISIN
INF917K01FE6
Expense Ratio
0.16%
Exit Load
No Charges
Fund Size
₹6,993 Cr
Age
13 years 9 months
Lumpsum Minimum
₹5,000
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
JioBlackRock Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3463.41 Cr-
Shriram Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹101.40 Cr-
Shriram Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹101.40 Cr-
Groww Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹61.68 Cr-
Groww Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹61.68 Cr-
JioBlackRock Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3463.41 Cr6.4%
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹442.64 Cr6.2%
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹442.64 Cr6.6%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3586.50 Cr6.5%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹3586.50 Cr6.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹6992.96 Cr6.5%
ICICI Prudential Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹36528.69 Cr6.5%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹15337.79 Cr6.6%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹23624.47 Cr6.5%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹6607.18 Cr6.5%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2322.39 Cr6.6%
Kotak Money Market Scheme Direct Growth

Low to Moderate Risk

0.2%0.0%₹29764.20 Cr6.6%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹21405.41 Cr6.6%
Axis Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹21405.41 Cr6.4%
Sundaram Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹1719.29 Cr6.3%
Sundaram Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹1719.29 Cr6.5%
Invesco India Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹6607.18 Cr6.2%
UTI Money Market Fund Direct Growth

Moderate Risk

0.1%0.0%₹19467.72 Cr6.5%
Aditya BSL Money Manager Fund Direct Growth

Moderate Risk

0.2%0.0%₹29876.83 Cr6.5%
SBI Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹32207.93 Cr6.4%
Tata Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹34511.28 Cr6.6%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3937.32 Cr6.6%
Baroda BNP Paribas Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3626.09 Cr6.5%
Baroda BNP Paribas Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹3626.09 Cr6.3%
DSP Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹10991.60 Cr6.6%
HDFC Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹33191.81 Cr6.5%
PGIM India Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹125.19 Cr6.1%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹125.19 Cr6.3%
UTI Money Market Fund Regular Growth

Moderate Risk

0.2%0.0%₹19467.72 Cr6.4%
Bajaj Finserv Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹5325.89 Cr5.8%
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹5325.89 Cr6.5%
Kotak Money Market Scheme Regular Growth

Low to Moderate Risk

0.4%0.0%₹29764.20 Cr6.4%
Aditya BSL Money Manager Fund Regular Growth

Moderate Risk

0.4%0.0%₹29876.83 Cr6.4%
Bandhan Money Manager Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹15337.79 Cr6.4%
DSP Savings Fund Regular Growth

Moderate Risk

0.4%0.0%₹10991.60 Cr6.3%
HSBC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹6992.96 Cr6.3%
SBI Savings Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹32207.93 Cr6.0%
ICICI Prudential Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹36528.69 Cr6.4%
Nippon India Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹23624.47 Cr6.3%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹33191.81 Cr6.3%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3937.32 Cr6.4%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹34511.28 Cr6.4%
LIC MF Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹4215.78 Cr6.4%
LIC MF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4215.78 Cr6.6%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹164.48 Cr6.1%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,60,154 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
RedHex Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

1.5%2.0%₹1072.84 Cr-
HSBC Gold ETF Fund of Fund Direct Growth

High Risk

0.1%1.0%₹394.69 Cr-
HSBC Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹962.92 Cr4.4%
HSBC India Export Opportunities Fund Direct Growth

Very High Risk

1.1%1.0%₹1325.79 Cr20.0%
HSBC Multi Asset Allocation Fund Direct Growth

Moderate Risk

1.1%1.0%₹3259.66 Cr7.6%
HSBC Consumption Fund Direct Growth

Very High Risk

0.9%1.0%₹1816.62 Cr-0.2%
HSBC Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1522.18 Cr0.5%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.1%1.0%₹2466.09 Cr7.7%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.9%1.0%₹5869.76 Cr3.9%
HSBC Value Fund Direct Growth

Very High Risk

0.9%1.0%₹15372.81 Cr0.3%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹456.92 Cr6.4%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.3%0.0%₹3777.23 Cr4.7%
HSBC Midcap Fund Direct Growth

Very High Risk

1.2%1.0%₹17188.24 Cr15.9%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4228.75 Cr1.9%
HSBC Equity Savings Fund Direct Growth

Moderate Risk

1.6%0.0%₹1475.34 Cr6.9%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹875.45 Cr6.3%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3869.86 Cr4.9%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6058.07 Cr4.9%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹121.14 Cr3.0%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹6992.96 Cr6.5%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹155.52 Cr1.8%
HSBC Medium Duration Direct Growth

Moderately High risk

0.4%0.0%₹683.93 Cr5.1%
HSBC Focused Fund Direct Growth

Very High Risk

1.0%1.0%₹1843.06 Cr5.7%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.1%1.0%₹1229.28 Cr1.2%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4535.24 Cr5.3%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.2%0.0%₹156.36 Cr1.5%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹1855.01 Cr-2.3%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

0.7%1.0%₹519.19 Cr40.3%
HSBC Brazil Fund Direct Growth

Very High Risk

0.9%1.0%₹337.53 Cr27.7%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹48.71 Cr2.9%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹20974.67 Cr6.5%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹5999.67 Cr4.1%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.8%0.0%₹243.60 Cr4.7%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3628.23 Cr6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1749.49 Cr5.3%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹19076.35 Cr12.4%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹54.40 Cr22.6%
HSBC Managed Solutions India Conservative Direct Growth

Moderate Risk

0.1%0.0%₹530.20 Cr5.1%
HSBC Managed Solutions India Moderate Direct Growth

Moderate Risk

0.6%1.0%₹114.99 Cr9.7%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.2%1.0%₹48.26 Cr5.7%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹180.79 Cr5.3%
HSBC Arbitrage Fund Direct Growth

Low Risk

1.5%0.0%₹3288.17 Cr6.5%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.4%1.0%₹182.49 Cr1.6%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹392.17 Cr-8.9%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹5931.25 Cr7.3%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹6502.58 Cr6.8%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

0.8%1.0%₹85.73 Cr31.8%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk

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What is the current NAV of HSBC Money Market Fund Direct Growth?

img
The NAV of HSBC Money Market Fund Direct Growth, as of 01-Oct-2026, is ₹30.01.
The fund has generated 6.48% over the last 1 year and 7.33% 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, 14.40% in bonds, and 85.60% in cash and cash equivalents.
The fund managers responsible for HSBC Money Market Fund Direct Growth are:-
  1. Mahesh Chhabria
  2. Abhishek Iyer
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