HDFC Money Market Fund Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Anil Bamboli is the Current Fund Manager of HDFC Money Market Fund Direct Plan Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹6,867 Cr and the Latest NAV as of 20 Aug 2019 is ₹1063.6.
The HDFC Money Market Fund Direct Plan Dividend Daily is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
Aims at providing reasonable Income along with high liquidity
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹10000
Min for First Investment
₹5000
Min for Second Investment