HSBC Money Market Fund Direct Growth

Fund Overview

Fund Size

₹1,857 Cr

Expense Ratio

0.20%

ISIN

INF917K01FE6

Minimum SIP

₹1,000

Exit Load

No Charges

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 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹25.79, Assets Under Management (AUM) of 1857.06 Crores, and an expense ratio of 0.2%.

HSBC Money Market Fund Direct Growth has given a CAGR return of 7.46% since inception.
The fund's asset allocation comprises around 0.00% in equities, 34.28% in debts, and 65.56% 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

+7.49%

+6.38% (Cat Avg.)

3 Years

+5.96%

+5.44% (Cat Avg.)

5 Years

+6.13%

+5.20% (Cat Avg.)

10 Years

+7.22%

+5.67% (Cat Avg.)

Since Inception

+7.46%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2024

Debt	₹636.61 Cr	34.28%
Others	₹1,220.46 Cr	65.72%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹214.9 Cr	11.57%
182 DTB 14112024	Bond - Gov't/Treasury	₹82.87 Cr	4.46%
Canara Bank	Cash - CD/Time Deposit	₹72.04 Cr	3.88%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹72.02 Cr	3.88%
Punjab National Bank	Cash - CD/Time Deposit	₹71.76 Cr	3.86%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹71.74 Cr	3.86%
Bank Of Baroda	Cash - CD/Time Deposit	₹71.57 Cr	3.85%
Icici Securities Limited	Cash - Commercial Paper	₹71.3 Cr	3.84%
HDFC Securities Limited	Cash - Commercial Paper	₹49.24 Cr	2.65%
Infina Finance Private Limited	Cash - Commercial Paper	₹49.13 Cr	2.65%
182 DTB 07112024	Bond - Gov't/Treasury	₹48.81 Cr	2.63%
364 DTB 21112024	Bond - Gov't/Treasury	₹48.69 Cr	2.62%
Axis Bank Limited	Cash - CD/Time Deposit	₹48.51 Cr	2.61%
Ongc Petro Additions Limited	Cash - Commercial Paper	₹48.5 Cr	2.61%
Kotak Mahindra Bank Ltd.	Bond - Corporate Bond	₹48.05 Cr	2.59%
ICICI Bank Ltd.	Bond - Corporate Bond	₹47.9 Cr	2.58%
Panatone Finvest Limited	Cash - Commercial Paper	₹47.9 Cr	2.58%
The Federal Bank Limited	Cash - CD/Time Deposit	₹47.83 Cr	2.58%
Indusind Bank Limited	Cash - CD/Time Deposit	₹47.64 Cr	2.57%
Union Bank of India	Bond - Gov't Agency Debt	₹47.63 Cr	2.56%
HDFC Bank Limited	Cash - CD/Time Deposit	₹47.57 Cr	2.56%
LIC Housing Finance Ltd.	Bond - Corporate Bond	₹47.57 Cr	2.56%
Indian Bank	Bond - Gov't Agency Debt	₹47.51 Cr	2.56%
Union Bank of India	Bond - Gov't Agency Debt	₹47.45 Cr	2.56%
Bharti Telecom Limited	Cash - Commercial Paper	₹47.4 Cr	2.55%
LIC Housing Finance Ltd.	Bond - Corporate Bond	₹46.85 Cr	2.52%
HDFC Bank Ltd.	Bond - Corporate Bond	₹46.52 Cr	2.51%
Icici Securities Limited	Cash - Commercial Paper	₹24.66 Cr	1.33%
182 DTB 12122024	Bond - Gov't/Treasury	₹24.25 Cr	1.31%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹24.16 Cr	1.30%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹24.16 Cr	1.30%
Axis Bank Limited	Cash - CD/Time Deposit	₹24.04 Cr	1.29%
Bajaj Housing Finance Ltd.	Cash - Commercial Paper	₹24.03 Cr	1.29%
Kotak Mahindra Bank Ltd.	Bond - Corporate Bond	₹23.98 Cr	1.29%
Kotak Mahindra Prime Ltd.	Cash - Commercial Paper	₹23.74 Cr	1.28%
Canara Bank	Bond - Gov't Agency Debt	₹23.72 Cr	1.28%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-6.42 Cr	0.35%
India (Republic of)	Bond - Short-term Government Bills	₹4.81 Cr	0.26%
CDMDF CLASS A2	Mutual Fund - Open End	₹3.04 Cr	0.16%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹623.04 Cr	33.55%
Cash - Commercial Paper	₹385.89 Cr	20.78%
Bond - Corporate Bond	₹260.86 Cr	14.05%
Cash - Repurchase Agreement	₹214.9 Cr	11.57%
Bond - Gov't/Treasury	₹204.61 Cr	11.02%
Bond - Gov't Agency Debt	₹166.32 Cr	8.96%
Cash	₹-6.42 Cr	0.35%
Bond - Short-term Government Bills	₹4.81 Cr	0.26%
Mutual Fund - Open End	₹3.04 Cr	0.16%

Risk & Performance Ratios

Fund Managers

Kapil Punjabi

Since November 2022

Shriram Ramanathan

Since March 2020

Additional Scheme Detailsas of 30th June 2024

ISIN

INF917K01FE6

Expense Ratio

0.20%

Exit Load

No Charges

Fund Size

₹1,857 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹5,000

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

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 name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Money Market Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹566.99 Cr	6.7%
Union Money Market Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹181.97 Cr	7.2%
Union Money Market Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹181.97 Cr	6.4%
TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹92.66 Cr	7.3%
TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹92.66 Cr	7.1%
LIC MF Money Market Fund Direct Growth Low Risk	0.6%	0.0%	₹25.21 Cr	6.8%
LIC MF Money Market Fund Regular Growth Low Risk	1.0%	0.0%	₹25.21 Cr	6.4%
Tata Money Market Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹24331.85 Cr	7.6%
Franklin India Money Market Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹1467.42 Cr	7.4%
HDFC Money Market Fund Regular Growth Moderate Risk	0.4%	0.0%	₹27005.25 Cr	7.5%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,10,764 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1377.04 Cr	-
HSBC Balanced Advantage Fund Direct Growth High Risk	0.8%	1.0%	₹1445.42 Cr	24.8%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2779.37 Cr	61.3%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5716.81 Cr	34.3%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹13357.64 Cr	55.6%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹570.16 Cr	7.5%
HSBC Banking & PSU Debt Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4681.63 Cr	7.1%
HSBC Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹11418.13 Cr	60.0%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹4256.95 Cr	45.8%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹344.15 Cr	26.1%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹432.92 Cr	7.8%
HSBC Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3739.62 Cr	7.5%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5957.11 Cr	7.3%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹159.97 Cr	8.4%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1857.06 Cr	7.5%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹194.23 Cr	9.1%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹806.62 Cr	8.1%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1688.02 Cr	36.0%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹924.81 Cr	49.4%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2104.02 Cr	6.8%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹107.53 Cr	17.9%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1759.39 Cr	33.6%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹32.43 Cr	9.5%
HSBC Brazil Fund Direct Growth Very High Risk	1.9%	1.0%	₹39.19 Cr	-12.4%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹45.99 Cr	7.9%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹20924.61 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹4399.08 Cr	45.3%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹220.35 Cr	41.0%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2336.92 Cr	7.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1903.84 Cr	7.6%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹16396.94 Cr	50.5%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹115.08 Cr	7.7%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.5%	1.0%	₹27.38 Cr	10.0%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.9%	1.0%	₹57.34 Cr	26.5%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹40.59 Cr	31.2%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹200.39 Cr	7.7%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2274.14 Cr	8.4%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹127.13 Cr	62.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹272.08 Cr	25.3%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹2768.75 Cr	48.6%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹3560.58 Cr	58.7%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹6.31 Cr	17.9%

Risk Level

Your principal amount will be at Low to Moderate Risk

Still got questions?
We're here to help.

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

The NAV of HSBC Money Market Fund Direct Growth, as of 25-Jul-2024, is ₹25.79.

What are the returns of HSBC Money Market Fund Direct Growth?

The fund has generated 7.49% over the last 1 year and 5.96% 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 HSBC Money Market Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 34.28% in bonds, and 65.56% in cash and cash equivalents.

Who manages the HSBC Money Market Fund Direct Growth?

The fund managers responsible for HSBC Money Market Fund Direct Growth are:-

Kapil Punjabi
Shriram Ramanathan

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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