| NAV: 24 Jun 2022 | ₹1,063.64 |
| Min. SIP amount | NA |
| Rating | 4 |
| Fund size | ₹13,366.83Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.8% | 5.5% | 6.3% | 7.3% |
| Category average | 3.7% | 6.3% | 6.5% | NA |
| Rank with in category | 8 | 2 | 2 | NA |
Holdings (112)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
National Bank For Agriculture & Rural Development | Financial | CP | 3.2% |
Reserve Bank of India | Financial | T-Bills | 3.0% |
Axis Bank Ltd. | Financial | CD | 2.5% |
Indusind Bank Ltd. | Financial | CD | 2.4% |
Reserve Bank of India | Financial | T-Bills | 2.1% |
Axis Bank Ltd. | Financial | CD | 1.9% |
Tata Capital Housing Finance Ltd. | Financial | CP | 1.8% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 1.8% |
| Reliance Retail Ventures Ltd. | Services | CP | 1.8% |
LIC Housing Finance Ltd. | Financial | CP | 1.7% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.21%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹10,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | NA |
Fund management
Vikash AgarwalJul 2020 - PresentView details
Priya RanjanMay 2022 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in HDFC Money Market Fund Direct Plan IDCW Daily?
You can easily invest in HDFC Money Market Fund Direct Plan IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for HDFC Money Market Fund Direct Plan IDCW Daily from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in HDFC Money Market Fund Direct Plan IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does HDFC Money Market Fund Direct Plan IDCW Daily provide?
The HDFC Money Market Fund Direct Plan IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.81% since its inception.
How much expense ratio is charged by HDFC Money Market Fund Direct Plan IDCW Daily?
The term
Expense Ratio used for HDFC Money Market Fund Direct Plan IDCW Daily or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of HDFC Money Market Fund Direct Plan IDCW Daily is 0.21% as of 26 Jun 2022...
What is the AUM of HDFC Money Market Fund Direct Plan IDCW Daily?
The AUM, short for Assets Under Management of HDFC Money Market Fund Direct Plan IDCW Daily is ₹13,366.83Cr as of 26 Jun 2022.
How to Redeem HDFC Money Market Fund Direct Plan IDCW Daily?
If you want to sell your HDFC Money Market Fund Direct Plan IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of HDFC Money Market Fund Direct Plan IDCW Daily?
What is the NAV of HDFC Money Market Fund Direct Plan IDCW Daily?
The NAV of HDFC Money Market Fund Direct Plan IDCW Daily is ₹1,063.64 as of 24 Jun 2022.
