1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Fund | 0.15 | 0.01 | 0.05 | 0.24 | 0.84 | 1.94 | 6.35 | 7.25 | 7.12 | 7.55 | 8.06 |
CCIL T Bill Liquidity Weight | 0.09 | 0.03 | 0.04 | 0.15 | 0.50 | 1.08 | 3.01 | 3.80 | 4.01 | 4.43 | 4.70 |
Debt: Money Market | 0.13 | 0.01 | 0.04 | 0.22 | 0.76 | 1.73 | 5.35 | 6.77 | 6.96 | 7.44 | 8.00 |
Rank within category | 6 | 7 | 6 | 6 | 6 | 6 | 2 | 2 | 7 | 7 | 8 |
Number of funds in category | 20 | 20 | 20 | 20 | 19 | 19 | 18 | 12 | 12 | 12 | 12 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
HDFC Money Market Fund | Invest Online | Nov-99 | 6.35 | 7.25 | 7.12 | 0.35 | 11,197 | |
Aditya Birla Sun Life Money Manager Fund | Invest Online | Oct-05 | 6.38 | 7.43 | 7.34 | 0.34 | 9,548 | |
ICICI Prudential Money Market Fund | Invest Now | Mar-06 | 6.02 | 7.16 | 7.14 | 0.33 | 8,884 | |
Tata Money Market Fund - Regular Plan | Invest Online | May-03 | 6.19 | 4.65 | 5.61 | 0.44 | 1,524 | |
Franklin India Savings Fund - Retail Plan | Invest Online Now | Feb-02 | 5.79 | 7.23 | 7.38 | 0.28 | 1,233 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.82 (24-Mar-2020 - 31-Mar-2020) | -1.19 (17-Mar-2020 - 24-Mar-2020) |
Month | 2.72 (24-Mar-2020 - 23-Apr-2020) | -0.88 (20-Feb-2020 - 23-Mar-2020) |
Quarter | 4.38 (24-Mar-2020 - 24-Jun-2020) | -0.17 (24-Dec-2019 - 24-Mar-2020) |
Year | 9.85 (29-Sep-2011 - 30-Sep-2012) | 4.56 (25-Jun-2009 - 25-Jun-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.11 | 0.67 | 3.48 | 7.34 | 1.16 | 3.48 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Money Market | 6.73 | 1.04 | 2.76 | 5.46 | 1.34 | 3.28 |
Rank within category | 3 | 9 | 6 | 5 | 9 | 4 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 74 | 74 | 35 | 39 |
Modified Duration (yrs) | 0.23 | 0.80 | 0.23 | 0.31 |
Average Maturity (yrs) | 0.23 | 0.86 | 0.23 | 0.30 |
Yield to Maturity (%) | 3.40 | 6.13 | 3.30 | 3.33 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 182-D 04/03/2021 | Treasury Bills | SOV | 0.00 - 7.62 | 7.62 |
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Reliance Industries 364-D 27/01/2021 | Commercial Paper | A1+ | 3.88 - 7.28 | 4.46 |
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Tata Capital Housing Finance 365-D 12/02/2021 | Commercial Paper | A1+ | 0.00 - 7.23 | 4.45 |
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Export-Import Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 6.92 | 4.22 |
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Bank of Baroda 2021 | Certificate of Deposit | A1+ | 0.00 - 7.24 | 4.22 |
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SIDBI 2021 | Commercial Paper | A1+ | 0.00 - 5.83 | 3.77 |
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Cholamandalam Invest. & Fin. 261-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 4.60 | 3.55 |
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LIC Housing Fin. 364-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 7.02 | 3.11 |
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Tata Teleservices 364-D 01/03/2021 | Commercial Paper | A1+ | 0.00 - 4.27 | 2.93 |
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Tata Motors 330-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 4.25 | 2.66 |
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Hindustan Zinc 315-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 3.45 | 2.66 |
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Bajaj Housing Finance 366-D 28/01/2021 | Commercial Paper | A1+ | 1.94 - 3.63 | 2.23 |
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Hindustan Zinc 2021 | Commercial Paper | A1+ | 0.00 - 2.15 | 2.15 |
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Axis Bank 21/12/2021 | Floating Rate Debenture | A1+ | 0.00 - 1.79 | 1.79 |
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Daimler Financial Services 234-D 18/02/2021 | Commercial Paper | A1+ | 0.00 - 2.30 | 1.78 |
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National Bank Agr. Rur. Devp 2021 | Certificate of Deposit | A1+ | 0.00 - 2.85 | 1.78 |
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Axis Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.91 | 1.78 |
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Bharti Hexacom 364-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 2.87 | 1.78 |
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SIDBI 28/01/2021 | Commercial Paper | A1+ | 0.98 - 2.32 | 1.78 |
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National Bank Agr. Rur. Devp 235-D 02/03/2021 | Commercial Paper | A1+ | 0.00 - 1.56 | 1.56 |
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National Bank Agr. Rur. Devp 2021 | Certificate of Deposit | A1+ | 0.00 - 1.86 | 1.56 |
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ICICI Bank 25/01/2021 | Certificate of Deposit | A1+ | 1.56 - 5.50 | 1.56 |
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National Bank Agr. Rur. Devp 18/02/2021 | Certificate of Deposit | A1+ | 0.00 - 2.19 | 1.56 |
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Daimler Financial Services 206-D 21/01/2021 | Commercial Paper | A1+ | 0.00 - 1.73 | 1.34 |
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AU Small Finance Bank 24/02/2021 | Certificate of Deposit | A1+ | 0.00 - 2.17 | 1.33 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
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The scheme seeks to generate income / capital appreciation by investing in money market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 1,000 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 5,000 |
Minimum Balance (₹) | -- |
Exit Load | 0 |
Fund House: | HDFC Mutual Fund |
Launch Date: | 18-Nov-1999 |
Return Since Launch: | 7.45% |
Benchmark: | NIFTY Money Market TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 11,197 Cr (As on 31-Dec-2020) |
Expense: | 0.35% (As on 31-Dec-2020) |
Risk Grade: | -- |
Return Grade: | High |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 22-Jan-2021 | 0.5225 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 21-Jan-2021 | 0.0925 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Growth | 19-May-2000 | 0.0150 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: HDFC Asset Management Company Ltd
Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, 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