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4 star

HDFC Money Market Fund - Direct Plan download report


Debt: Money Market

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
HDFC Money Market Direct-G 2.47 0.04 0.10 0.41 1.28 2.08 3.98 5.26 6.31 6.63 --
CCIL T Bill Liquidity Weight 1.19 -0.02 0.07 0.20 0.64 1.04 1.99 2.59 3.27 3.63 --
Debt: Money Market 2.36 0.04 0.10 0.40 1.24 1.97 3.83 4.97 6.03 6.56 --
Rank within category 9 8 10 6 6 9 8 4 2 5 --
Number of funds in category 20 21 20 20 20 20 18 16 12 12 0

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Money Market Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.98 5.26 6.31 0.21 12,325
SBI Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.93 5.13 6.20 0.23 19,929
Aditya Birla Sun Life Money Manager Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.03 5.27 6.41 0.21 13,395
Nippon India Money Market Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.12 5.10 6.27 0.18 9,971
Tata Money Market Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.09 5.26 4.78 0.17 7,643

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.82 24-Mar-2020 - 31-Mar-2020 -1.18 17-Mar-2020 - 24-Mar-2020
Month 2.74 24-Mar-2020 - 23-Apr-2020 -0.86 20-Feb-2020 - 23-Mar-2020
Quarter 4.43 24-Mar-2020 - 24-Jun-2020 -0.12 24-Dec-2019 - 24-Mar-2020
Year 9.83 26-Jul-2013 - 27-Jul-2014 3.67 19-May-2021 - 19-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
HDFC Money Market Direct-G 5.19 0.69 2.46 6.31 1.36 2.92
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Money Market 4.89 0.70 2.10 5.20 1.33 2.59
Rank within category 3 12 7 4 11 3
Number of funds in category 16 16 16 16 16 16

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 121 135 85 47
Modified Duration (yrs) 0.34 0.49 0.27 0.33
Average Maturity (yrs) 0.34 0.49 0.27 0.34
Yield to Maturity (%) 6.16 6.16 3.62 5.90
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal National Bank Agr. Rur. Devp 175-D 30/08/2022 Commercial Paper A1+ 0.00 - 4.06 2.83
equal Indusind Bank 30/01/2023 Certificate of Deposit A1+ 0.00 - 2.78 2.75
up Reserve Bank of India 182-D 01/12/2022 Treasury Bills SOV 0.00 - 2.59 2.59
equal Reserve Bank of India 182-D 22/12/2022 Treasury Bills SOV 0.00 - 2.54 2.54
equal Larsen & Toubro 213-D 30/12/2022 Commercial Paper A1+ 0.00 - 2.37 2.37
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.20 2.18
equal Reliance Retail Ventures 172-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.03 2.02
equal LIC Housing Fin. 165-D 11/10/2022 Commercial Paper A1+ 0.00 - 2.01 2.01
equal Reliance Jio Infocomm 180-D 26/09/2022 Commercial Paper A1+ 0.00 - 2.02 2.01
equal Panatone Finvest 364-D 30/01/2023 Commercial Paper A1+ 0.00 - 1.97 1.96
down National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 2.52 1.96
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.98 1.95
equal Indusind Bank 2023 Certificate of Deposit A1+ 0.00 - 1.97 1.95
new LIC Housing Fin. 348-D 20/06/2023 Commercial Paper A1+ 0.00 - 1.91 1.91
equal 8.92% Kerala State 2022 State Development Loan SOV 0.00 - 1.89 1.71
equal Kotak Securities 182-D 23/09/2022 Commercial Paper A1+ 0.00 - 1.61 1.61
equal LIC Housing Fin. 163-D 04/11/2022 Commercial Paper A1+ 0.00 - 1.60 1.60
equal Reserve Bank of India 182-D 10/11/2022 Treasury Bills SOV 0.00 - 1.60 1.60
equal L&T Metro Rail (Hyderabad) 365-D 30/12/2022 Commercial Paper A1+ 0.00 - 1.59 1.58
new LIC Housing Fin. 233-D 22/02/2023 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Deutsche Investments 364-D 24/02/2023 Commercial Paper A1+ 0.00 - 1.57 1.56
equal Tata Teleservices 364-D 27/02/2023 Commercial Paper A1+ 0.00 - 1.57 1.56
new Bahadur Chand Investments 241-D 09/03/2023 Commercial Paper A1+ 0.00 - 1.55 1.55
equal Reliance Jio Infocomm 178-D 19/09/2022 Commercial Paper A1+ 0.00 - 1.42 1.41
equal Deutsche Bank 23/12/2022 Certificate of Deposit A1+ 0.00 - 1.39 1.38

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Vikash Agarwal since 01-Jul-2020

Education: Mr. Agarwal is a B.Com., CA, CFA

Experience: Prior to joining HDFC AMC, he has worked with Larsen & Toubro Ltd.

Funds Managed:


0.04%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 4,719.2694

IDCW Weekly: ₹ 1,062.9354

IDCW Daily: ₹ 1,063.6400


Investment Strategy

The scheme seeks to generate income / capital appreciation by investing in money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 300
Min. No of Cheques 20
Min. Withdrawal (₹) 5,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.29%
Benchmark: NIFTY Money Market Index B-I
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 12,325 Cr (As on 31-Jul-2022)
Expense Ratio: 0.21% (As on 30-Jun-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily05-Aug-20220.4433

 03-Aug-20220.1921
 02-Aug-20220.1303
 01-Aug-20220.3055
 29-Jul-20220.7399
 28-Jul-20220.2227
 27-Jul-20220.1128
 22-Jul-20220.4828
 21-Jul-20220.1363
 19-Jul-20220.0616
 18-Jul-20220.0815
 15-Jul-20220.3944
 14-Jul-20220.1571
 13-Jul-20220.1500
 12-Jul-20220.2530
 11-Jul-20220.0855
 08-Jul-20220.4265
 07-Jul-20220.1158
 06-Jul-20220.1668
 05-Jul-20220.3517
 04-Jul-20220.2902
 01-Jul-20220.6181
 30-Jun-20220.2886
 29-Jun-20220.2838
 28-Jun-20220.1371
IDCW Weekly05-Aug-20221.3440

 29-Jul-20220.8176
 22-Jul-20220.6732
 15-Jul-20221.0712
 08-Jul-20221.5416
 01-Jul-20221.3072
 24-Jun-20221.3245
 17-Jun-20220.5945
 10-Jun-20221.0302
 03-Jun-20221.0601
 27-May-20220.2491
 29-Apr-20220.7122
 18-Apr-20220.9926
 04-Apr-20221.7032
 25-Mar-20220.6940
 21-Mar-20221.6978
 11-Mar-20220.8046
 25-Feb-20220.7748
 18-Feb-20221.0519
 11-Feb-20221.1575
 04-Feb-20220.3611
 28-Jan-20220.7086
 21-Jan-20220.6268
 14-Jan-20220.8925
 07-Jan-20220.9568

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: Ground Floor, Mafatlal House, H.T Parekh Marg Backbay Reclamation Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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