HSBC Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (20-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,654 Cr
Expense Ratio
0.20%
ISIN
INF917K01FE6
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹26.55, Assets Under Management (AUM) of 2653.96 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, 12.69% in debts, and 87.13% 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
+7.74%
+6.80% (Cat Avg.)
3 Years
+6.48%
+6.06% (Cat Avg.)
5 Years
+5.74%
+5.46% (Cat Avg.)
10 Years
+7.19%
+5.74% (Cat Avg.)
Since Inception
+7.46%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Debt | ₹336.88 Cr | 12.69% |
| Others | ₹2,317.08 Cr | 87.31% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹170.3 Cr | 6.42% |
| Union Bank Of India** | Cash | ₹97.91 Cr | 3.69% |
| Kotak Mahindra Bank Limited** | Cash | ₹97.09 Cr | 3.66% |
| India (Republic of) | Bond - Short-term Government Bills | ₹96.86 Cr | 3.65% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹96.67 Cr | 3.64% |
| Lic Housing Finance Limited^ | Cash | ₹73.79 Cr | 2.78% |
| Icici Securities Limited** | Cash | ₹73.75 Cr | 2.78% |
| Canara Bank** | Cash | ₹73.71 Cr | 2.78% |
| Aditya Birla Finance Limited** | Cash | ₹73.7 Cr | 2.78% |
| Hdfc Bank Limited** | Cash | ₹73.61 Cr | 2.77% |
| Bank Of Baroda** | Cash | ₹72.57 Cr | 2.73% |
| Bank Of Baroda** | Cash | ₹72.25 Cr | 2.72% |
| Punjab National Bank Limited** | Cash | ₹71.72 Cr | 2.70% |
| Godrej Housing Finance Limited** | Cash | ₹49.39 Cr | 1.86% |
| Au Small Finance Bank Limited** | Cash | ₹49.35 Cr | 1.86% |
| National Bank For Agriculture & Rural Development** | Cash | ₹49.21 Cr | 1.85% |
| Punjab National Bank Limited^ | Cash | ₹49.17 Cr | 1.85% |
| Union Bank Of India** | Cash | ₹49.15 Cr | 1.85% |
| Small Industries Development Bank Of India** | Cash | ₹49.15 Cr | 1.85% |
| Axis Bank Limited^ | Cash - CD/Time Deposit | ₹49.15 Cr | 1.85% |
| Tata Capital Limited** | Cash | ₹49.14 Cr | 1.85% |
| Small Industries Development Bank Of India** | Cash | ₹49.14 Cr | 1.85% |
| Bank Of India** | Cash | ₹49.11 Cr | 1.85% |
| Bharti Telecom Limited** | Cash | ₹49.09 Cr | 1.85% |
| Canara Bank** | Cash | ₹49.07 Cr | 1.85% |
| Tata Projects Limited** | Cash | ₹49.05 Cr | 1.85% |
| Punjab National Bank Limited** | Cash | ₹49.03 Cr | 1.85% |
| Indian Bank** | Cash | ₹49.01 Cr | 1.85% |
| Motilal Oswal Financial Services Limited** | Cash | ₹48.96 Cr | 1.84% |
| Muthoot Finance Limited** | Cash | ₹48.94 Cr | 1.84% |
| 182 DTB 10042025 | Bond - Gov't/Treasury | ₹48.86 Cr | 1.84% |
| Bank Of Baroda** | Cash | ₹48.47 Cr | 1.83% |
| Lic Housing Finance Limited** | Cash | ₹48.36 Cr | 1.82% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹48.16 Cr | 1.81% |
| Small Industries Development Bank Of India** | Cash | ₹48.12 Cr | 1.81% |
| Hdfc Bank Limited** | Cash | ₹47.99 Cr | 1.81% |
| Muthoot Finance Limited** | Cash | ₹47.97 Cr | 1.81% |
| 364 DTB 09102025 | Bond - Gov't/Treasury | ₹47.33 Cr | 1.78% |
| Canara Bank** | Cash | ₹47.31 Cr | 1.78% |
| 364 DTB 30-Oct-2025 | Bond - Gov't/Treasury | ₹47.16 Cr | 1.78% |
| Hdfc Bank Limited^ | Cash | ₹46.71 Cr | 1.76% |
| Bharti Telecom Limited** | Cash | ₹46.6 Cr | 1.76% |
| Bank Of India** | Cash | ₹46.48 Cr | 1.75% |
| National Bank For Agriculture & Rural Development** | Cash | ₹24.58 Cr | 0.93% |
| Lic Housing Finance Limited** | Cash | ₹24.54 Cr | 0.92% |
| 364 DTB 02052024 | Bond - Gov't/Treasury | ₹4.95 Cr | 0.19% |
| CDMDF CLASS A2 | Mutual Fund - Open End | ₹4.79 Cr | 0.18% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-3.48 Cr | 0.13% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash | ₹2,039.73 Cr | 77.12% |
| Cash - Repurchase Agreement | ₹170.3 Cr | 6.42% |
| Bond - Gov't/Treasury | ₹148.3 Cr | 5.59% |
| Cash - CD/Time Deposit | ₹97.31 Cr | 3.67% |
| Bond - Short-term Government Bills | ₹96.86 Cr | 3.65% |
| Bond - Corporate Bond | ₹96.67 Cr | 3.64% |
| Mutual Fund - Open End | ₹4.79 Cr | 0.18% |
Risk & Performance Ratios
Standard Deviation
This fund
0.55%
Cat. avg.
0.66%
Lower the better
Sharpe Ratio
This fund
0.57
Cat. avg.
-0.12
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.15
Higher the better
Fund Managers
Kapil Punjabi
Since November 2022
Shriram Ramanathan
Since March 2020
Additional Scheme Detailsas of 30th November 2024
ISIN INF917K01FE6 | Expense Ratio 0.20% | Exit Load No Charges | Fund Size ₹2,654 Cr | Age 11 years 11 months | 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
Capital Gains Taxation:
Dividend Taxation:
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1186.38 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹172.67 Cr | 7.4% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹172.67 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹83.42 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹83.42 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹24.38 Cr | 6.5% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹24.38 Cr | 6.1% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26862.79 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2271.47 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹25011.45 Cr | 7.7% |
About the AMC
HSBC Mutual Fund
Total AUM
₹1,26,476 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Who manages the HSBC Money Market Fund Direct Growth?
- Kapil Punjabi
- Shriram Ramanathan
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