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Fund Overview

Fund Size

Fund Size

₹5,187 Cr

Expense Ratio

Expense Ratio

0.15%

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, 2 months and 7 days, having been launched on 01-Jan-13.
As of 06-Mar-26, it has a Net Asset Value (NAV) of ₹28.88, Assets Under Management (AUM) of 5187.40 Crores, and an expense ratio of 0.15%.
  • HSBC Money Market Fund Direct Growth has given a CAGR return of 7.43% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 10.97% in debts, and 89.03% 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

+7.20%

+6.62% (Cat Avg.)

3 Years

+7.47%

+7.03% (Cat Avg.)

5 Years

+6.17%

+5.97% (Cat Avg.)

10 Years

+7.01%

+5.89% (Cat Avg.)

Since Inception

+7.43%

(Cat Avg.)

Portfolio Summaryas of 15th February 2026

Debt569.27 Cr10.97%
Others4,618.13 Cr89.03%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement315.37 Cr5.73%
Net Current Assets (Including Cash & Bank Balances)Cash-203.26 Cr3.69%
Union Bank Of IndiaCash - CD/Time Deposit196.11 Cr3.56%
Mindspace Business Parks ReitCash - Commercial Paper147.49 Cr2.68%
Canara BankCash - CD/Time Deposit147.03 Cr2.67%
Small Industries Dev Bank Of IndiaCash - Commercial Paper147 Cr2.67%
05/03/2026 Maturing 364 DTBBond - Gov't/Treasury99.78 Cr1.81%
Small Industries Development Bank Of IndiaCash - Commercial Paper99.76 Cr1.81%
12/03/2026 Maturing 364 DTBBond - Gov't/Treasury99.69 Cr1.81%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)Cash - Commercial Paper99.5 Cr1.81%
Tata Capital Housing Finance LimitedCash - Commercial Paper99.39 Cr1.81%
State Bank Of IndiaCash - CD/Time Deposit99.39 Cr1.81%
Canara BankCash - CD/Time Deposit98.44 Cr1.79%
RBL Bank Ltd.Bond - Corporate Bond98.42 Cr1.79%
Aditya Birla Capital Ltd.Cash - Commercial Paper98.41 Cr1.79%
Union Bank Of IndiaCash - CD/Time Deposit98.36 Cr1.79%
Indusind Bank LimitedCash - CD/Time Deposit98.3 Cr1.79%
IDFC First Bank LimitedCash - CD/Time Deposit98.2 Cr1.79%
Bank Of BarodaCash - CD/Time Deposit97.98 Cr1.78%
Indian BankCash - CD/Time Deposit97.97 Cr1.78%
Tata Capital Housing Finance LimitedCash - Commercial Paper97.86 Cr1.78%
Axis Bank LimitedCash - CD/Time Deposit94.92 Cr1.73%
Punjab National BankBond - Gov't Agency Debt93.81 Cr1.71%
HDFC Bank Ltd.Bond - Corporate Bond93.76 Cr1.70%
Icici Securities LimitedCash - Commercial Paper93.14 Cr1.69%
Axis Bank Ltd.Cash - CD/Time Deposit88.51 Cr1.61%
Indusind Bank LimitedCash - CD/Time Deposit79.56 Cr1.45%
21/05/2026 Maturing 182 DTBBond - Gov't/Treasury78.92 Cr1.43%
7.07% Tamilnadu SDL 2026Bond - Gov't/Treasury76.67 Cr1.39%
27/02/2026 Maturing 364 DTBBond - Gov't/Treasury74.89 Cr1.36%
Bank of BarodaBond - Corporate Bond73.7 Cr1.34%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)Cash - Commercial Paper73.55 Cr1.34%
Canara BankCash - CD/Time Deposit73.38 Cr1.33%
Godrej Industries Ltd.Cash - Commercial Paper73.28 Cr1.33%
Embassy Office Parks ReitCash - Commercial Paper73.28 Cr1.33%
Muthoot Finance Ltd.Cash - Commercial Paper73.15 Cr1.33%
Bank Of Baroda**Cash - CD/Time Deposit72.1 Cr1.31%
Bharti Telecom LimitedCash - Commercial Paper71.77 Cr1.30%
HDFC Bank LimitedCash - CD/Time Deposit71.28 Cr1.30%
Bank Of BarodaCash - CD/Time Deposit71.21 Cr1.29%
Au Small Finance Bank LimitedCash - CD/Time Deposit70.85 Cr1.29%
Canara BankCash - CD/Time Deposit70.69 Cr1.29%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit70.47 Cr1.28%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper69.72 Cr1.27%
360 One Prime Ltd.Cash - Commercial Paper69.7 Cr1.27%
14/05/2026 Maturing 364 DTBBond - Gov't/Treasury69.13 Cr1.26%
Indian BankCash - CD/Time Deposit49.86 Cr0.91%
12/03/2026 Maturing 182 DTBBond - Gov't/Treasury49.85 Cr0.91%
National Bank For Agriculture & Rural Development**Cash - CD/Time Deposit49.8 Cr0.91%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper49.75 Cr0.90%
Small Industries Development Bank Of India**Cash - CD/Time Deposit49.7 Cr0.90%
Small Industries Development Bk Of India ** #Cash - Commercial Paper49.69 Cr0.90%
30/04/2026 Maturing 182 DTBBond - Gov't/Treasury49.48 Cr0.90%
TbillBond - Gov't/Treasury49.12 Cr0.89%
Union Bank Of IndiaCash - CD/Time Deposit49.08 Cr0.89%
Rec LimitedCash - Commercial Paper48.95 Cr0.89%
Axis Bank LimitedCash - CD/Time Deposit48.93 Cr0.89%
HDFC Bank LimitedCash - CD/Time Deposit48.92 Cr0.89%
HDFC Bank LimitedCash - CD/Time Deposit48.43 Cr0.88%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt48.03 Cr0.87%
Muthoot Finance LimitedCash - Commercial Paper47.92 Cr0.87%
Axis Bank LtdCash - CD/Time Deposit47.45 Cr0.86%
Punjab National BankCash - CD/Time Deposit47.31 Cr0.86%
HDFC Bank LtdCash - CD/Time Deposit47.25 Cr0.86%
Tata Projects LimitedCash - Commercial Paper47.17 Cr0.86%
Small Industries Dev Bank Of IndiaCash - CD/Time Deposit47.03 Cr0.85%
Birla Group Holdings Private LimitedCash - Commercial Paper46.68 Cr0.85%
Muthoot Finance Ltd.Cash - Commercial Paper46.64 Cr0.85%
Motilal Oswal Financial Services LimitedCash - Commercial Paper46.52 Cr0.85%
Birla Group Holdings Private LimitedCash - Commercial Paper46.5 Cr0.85%
7.39% Tamilnadu SDL 2026Bond - Gov't/Treasury30.93 Cr0.56%
8.67% Karnataka Sdl 2026Bond - Gov't/Treasury26.05 Cr0.47%
6.54% Maharashtra Sdl 2027Bond - Gov't/Treasury25.2 Cr0.46%
19/03/2026 Maturing 364 DTBBond - Gov't/Treasury24.9 Cr0.45%
Union Bank Of IndiaCash - CD/Time Deposit24.4 Cr0.44%
Bank Of BarodaCash - CD/Time Deposit23.57 Cr0.43%
7.96% Maharashtra Sdl 2026Bond - Gov't/Treasury15.29 Cr0.28%
SBI Funds Management Private LtdBond - Corporate Bond13.17 Cr0.24%
6.85% Uttarpradesh Sdl 2026Bond - Gov't/Treasury5.12 Cr0.09%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit2,376.49 Cr43.20%
Cash - Commercial Paper1,816.81 Cr33.02%
Bond - Gov't/Treasury775.04 Cr14.09%
Cash - Repurchase Agreement315.37 Cr5.73%
Bond - Corporate Bond279.06 Cr5.07%
Cash-203.26 Cr3.69%
Bond - Gov't Agency Debt141.84 Cr2.58%

Risk & Performance Ratios

Standard Deviation

This fund

0.36%

Cat. avg.

0.54%

Lower the better

Sharpe Ratio

This fund

2.32

Cat. avg.

1.24

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

4.41

Higher the better

Fund Managers

MC

Mahesh Chhabria

Since February 2025

Abhishek Iyer

Abhishek Iyer

Since April 2025

Additional Scheme Detailsas of 15th February 2026

ISIN
INF917K01FE6
Expense Ratio
0.15%
Exit Load
No Charges
Fund Size
₹5,187 Cr
Age
13 years 2 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
Shriram Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹421.91 Cr-
Shriram Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹421.91 Cr-
Groww Money Market Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹17.59 Cr-
Groww Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹17.59 Cr-
JioBlackRock Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2958.23 Cr-
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹339.40 Cr6.8%
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹339.40 Cr7.3%
Zerodha Nifty 1D Rate Liquid ETF

Low Risk

0.3%-₹8179.03 Cr5.3%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3572.67 Cr7.2%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹3572.67 Cr6.9%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹5187.40 Cr7.2%
ICICI Prudential Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹35024.96 Cr7.3%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹15693.51 Cr7.3%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹21698.62 Cr7.3%
Invesco India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹5861.99 Cr7.2%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2524.66 Cr7.3%
Kotak Money Market Scheme Direct Growth

Low to Moderate Risk

0.2%0.0%₹32926.40 Cr7.2%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22669.60 Cr7.3%
Axis Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹22669.60 Cr7.2%
Sundaram Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹2062.23 Cr7.1%
Sundaram Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹2062.23 Cr7.2%
Invesco India Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹5861.99 Cr6.9%
UTI Money Market Fund Direct Growth

Moderate Risk

0.1%0.0%₹20008.46 Cr7.3%
Aditya BSL Money Manager Fund Direct Growth

Moderate Risk

0.2%0.0%₹27964.23 Cr7.2%
SBI Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹37079.14 Cr7.2%
Tata Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹33557.62 Cr7.4%
Franklin India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3898.47 Cr7.3%
Baroda BNP Paribas Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4579.19 Cr7.2%
Baroda BNP Paribas Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹4579.19 Cr7.0%
DSP Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹8941.28 Cr7.0%
HDFC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹34062.71 Cr7.3%
PGIM India Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹204.41 Cr6.8%
PGIM India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹204.41 Cr7.1%
UTI Money Market Fund Regular Growth

Moderate Risk

0.2%0.0%₹20008.46 Cr7.2%
Bajaj Finserv Money Market Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹4590.29 Cr6.6%
Bajaj Finserv Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹4590.29 Cr7.3%
Kotak Money Market Scheme Regular Growth

Low to Moderate Risk

0.3%0.0%₹32926.40 Cr7.1%
Aditya BSL Money Manager Fund Regular Growth

Moderate Risk

0.4%0.0%₹27964.23 Cr7.0%
Bandhan Money Manager Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹15693.51 Cr7.1%
DSP Savings Fund Regular Growth

Moderate Risk

0.4%0.0%₹8941.28 Cr6.7%
HSBC Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹5187.40 Cr7.0%
SBI Savings Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹37079.14 Cr6.8%
ICICI Prudential Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹35024.96 Cr7.2%
Nippon India Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹21698.62 Cr7.1%
HDFC Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹34062.71 Cr7.1%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3898.47 Cr7.2%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹33557.62 Cr7.1%
LIC MF Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹4227.22 Cr6.7%
LIC MF Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹4227.22 Cr7.0%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹113.22 Cr6.6%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,37,076 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Financial Services Fund Direct Growth

Very High Risk

0.8%1.0%₹839.63 Cr18.7%
HSBC India Export Opportunities Fund Direct Growth

Very High Risk

0.9%1.0%₹1297.02 Cr9.9%
HSBC Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹2693.31 Cr30.5%
HSBC Consumption Fund Direct Growth

Very High Risk

0.9%1.0%₹1676.57 Cr7.2%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1542.11 Cr7.5%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2198.29 Cr15.0%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5429.61 Cr16.3%
HSBC Value Fund Direct Growth

Very High Risk

0.7%1.0%₹14552.40 Cr18.4%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

1.0%1.0%₹511.38 Cr20.9%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.2%0.0%₹4351.78 Cr7.5%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹12175.46 Cr22.5%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹3961.50 Cr10.9%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.7%0.0%₹751.77 Cr12.9%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹996.69 Cr8.8%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4311.00 Cr7.6%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6202.65 Cr7.9%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹149.25 Cr5.7%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹5187.40 Cr7.2%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹225.76 Cr3.8%
HSBC Medium Duration Direct Growth

Moderately High risk

0.4%0.0%₹773.57 Cr8.0%
HSBC Focused Fund Direct Growth

Very High Risk

1.0%1.0%₹1667.47 Cr16.5%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.0%1.0%₹1089.59 Cr10.4%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4291.26 Cr5.6%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.1%0.0%₹138.11 Cr7.9%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹1885.26 Cr13.0%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.0%1.0%₹373.57 Cr43.9%
HSBC Brazil Fund Direct Growth

Very High Risk

1.1%1.0%₹384.83 Cr56.5%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹46.84 Cr5.5%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹17631.77 Cr6.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹5317.76 Cr12.2%
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%₹3421.78 Cr6.9%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1963.81 Cr7.8%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹15028.86 Cr5.6%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹53.35 Cr19.1%
HSBC Managed Solutions India Conservative Direct Growth

Low to Moderate Risk

0.2%0.0%₹596.72 Cr6.7%
HSBC Managed Solutions India Moderate Direct Growth

Very High Risk

0.6%1.0%₹86.28 Cr24.5%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.1%1.0%₹43.96 Cr11.5%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹189.70 Cr7.5%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2419.29 Cr6.8%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹140.92 Cr12.6%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹388.37 Cr9.4%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹4602.66 Cr18.5%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹5176.73 Cr14.3%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.1%1.0%₹66.67 Cr43.0%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk

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The NAV of HSBC Money Market Fund Direct Growth, as of 06-Mar-2026, is ₹28.88.
The fund has generated 7.20% over the last 1 year and 7.47% 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, 10.97% in bonds, and 89.03% 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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