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4 star

HDFC Money Market Fund 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-G 1.69 0.02 0.12 0.41 0.77 1.78 3.65 5.33 6.14 6.48 7.25
CCIL T Bill Liquidity Weight 0.85 0.04 0.07 0.25 0.38 0.89 1.99 2.71 3.30 3.69 4.25
Debt: Money Market 1.54 0.02 0.11 0.38 0.68 1.62 3.35 4.93 5.80 6.34 7.15
Rank within category 8 7 9 7 9 8 7 3 3 7 8
Number of funds in category 20 20 20 20 20 20 18 15 12 12 12

As on 24-Jun-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  | Invest Online
4 star
Nov-99 3.65 5.33 6.14 0.41% 13,367
Aditya Birla Sun Life Money Manager Fund  | Invest Online
5 star
Oct-05 3.69 5.36 6.31 0.33% 13,543
Nippon India Money Market Fund  | Invest Online
4 star
Jun-05 3.82 5.18 6.18 0.28% 10,267
UTI Money Market Fund - Regular Plan  | Invest Online
4 star
Jul-09 3.77 5.15 6.14 0.28% 9,403
Tata Money Market Fund - Regular Plan  | Invest Online
5 star
May-03 3.69 5.25 4.65 0.42% 8,491

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.51 19-May-2021 - 19-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
HDFC Money Market-G 5.26 0.76 2.31 6.35 1.47 2.95
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Money Market 4.90 0.81 1.87 4.99 1.49 2.61
Rank within category 2 11 6 4 11 2
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-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 135 135 80 47
Modified Duration (yrs) 0.36 0.49 0.27 --
Average Maturity (yrs) 0.37 0.49 0.27 --
Yield to Maturity (%) 5.60 5.60 3.62 --
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 3.32
equal Indusind Bank 30/01/2023 Certificate of Deposit A1+ 0.00 - 2.78 2.51
equal Reserve Bank of India 182-D 07/07/2022 Treasury Bills SOV 0.00 - 2.45 2.23
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.20 2.00
equal Tata Capital Housing Finance 347-D 28/06/2022 Commercial Paper A1+ 0.00 - 2.04 1.86
equal Reliance Retail Ventures 172-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.03 1.85
equal Reliance Jio Infocomm 180-D 26/09/2022 Commercial Paper A1+ 0.00 - 2.02 1.84
equal LIC Housing Fin. 165-D 11/10/2022 Commercial Paper A1+ 0.00 - 1.83 1.83
equal Panatone Finvest 364-D 30/01/2023 Commercial Paper A1+ 0.00 - 1.97 1.79
up National Bank Agr. Rur. Devp 14/02/2023 Commercial Paper A1+ 0.00 - 2.52 1.79
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.98 1.79
equal Indusind Bank 2023 Certificate of Deposit A1+ 0.00 - 1.97 1.78
down Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.85 1.67
equal 8.92% Kerala State 2022 State Development Loan SOV 0.00 - 1.89 1.66
equal Export-Import Bank 184-D 28/09/2022 Certificate of Deposit A1+ 0.00 - 1.82 1.65
equal Jamnagar Utilities and Power 244-D 22/06/2022 Commercial Paper A1+ 0.00 - 1.64 1.49
equal Sikka Ports and Terminals 244-D 22/06/2022 Commercial Paper A1+ 0.00 - 1.64 1.49
equal Kotak Securities 182-D 23/09/2022 Commercial Paper A1+ 0.00 - 1.61 1.47
equal Tata Realty and Infrastructure 364-D 23/09/2022 Commercial Paper A1+ 0.00 - 1.61 1.47
new LIC Housing Fin. 163-D 04/11/2022 Commercial Paper A1+ 0.00 - 1.46 1.46
new Reserve Bank of India 182-D 10/11/2022 Treasury Bills SOV 0.00 - 1.46 1.46
new Larsen & Toubro 213-D 30/12/2022 Commercial Paper A1+ 0.00 - 1.45 1.45
equal L&T Metro Rail (Hyderabad) 365-D 30/12/2022 Commercial Paper A1+ 0.00 - 1.59 1.44
equal Tata Teleservices 364-D 27/02/2023 Commercial Paper A1+ 0.00 - 1.57 1.43
new Reserve Bank of India 182-D 20/10/2022 Treasury Bills SOV 0.00 - 1.43 1.43

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-May-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:


0.02%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 4,620.5888

IDCW Weekly: ₹ 1,063.7538

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 (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 5,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 18-Nov-1999
Return Since Launch: 7.21%
Benchmark: NIFTY Money Market Index B-I
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 13,367 Cr (As on 31-May-2022)
Expense: 0.41% (As on 31-May-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily23-Jun-20220.2258

 22-Jun-20220.2098
 21-Jun-20220.2311
 20-Jun-20220.1588
 17-Jun-20220.4591
 16-Jun-20220.0338
 15-Jun-20220.0639
 14-Jun-20220.0600
 13-Jun-20220.1424
 10-Jun-20220.2542
 09-Jun-20220.1478
 08-Jun-20220.1838
 07-Jun-20220.3562
 03-Jun-20220.3024
 02-Jun-20220.1401
 01-Jun-20220.0866
 31-May-20220.2191
 30-May-20220.1869
 27-May-20220.1021
 29-Apr-20220.3714
 28-Apr-20220.0484
 27-Apr-20220.0893
 26-Apr-20220.1035
 25-Apr-20220.0999
 22-Apr-20220.3309
IDCW Weekly17-Jun-20220.5537

 10-Jun-20220.9894
 03-Jun-20221.0193
 27-May-20220.0861
 29-Apr-20220.6714
 18-Apr-20220.9108
 04-Apr-20221.6448
 25-Mar-20220.6708
 21-Mar-20221.6396
 11-Mar-20220.7639
 25-Feb-20220.7463
 18-Feb-20221.0233
 11-Feb-20221.1289
 04-Feb-20220.3326
 28-Jan-20220.6801
 21-Jan-20220.5982
 14-Jan-20220.8640
 07-Jan-20220.9283
 31-Dec-20210.9066
 24-Dec-20210.6172
 17-Dec-20210.5904
 10-Dec-20210.7941
 03-Dec-20210.8171
 26-Nov-20210.3937
 22-Nov-20211.0451
Growth19-May-20000.0150

 12-May-20000.0300
 05-May-20000.0300
 28-May-20000.0300
 14-Apr-20000.0500
 07-Apr-20000.0500
 24-Mar-20000.0500
 17-Mar-20000.0500
 10-Mar-20000.0500
 03-Mar-20000.0500

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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