HDFC Money Market Fund Direct Growth

HDFC Money Market Fund Direct Growth

Debt
Money Market
Low to Moderate Risk
+7.55%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 09 Feb '26
₹6,057.50
Min. SIP amount
₹100
Fund size
₹34,062.71 Cr
Expense ratio
0.23%

Return calculator

Monthly SIP
One time
Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,735
+2.89%
3 years₹1,80,000₹2,00,038
+11.13%
5 years₹3,00,000₹3,56,612
+18.87%

Holdings (116)

NameSectorInstrumentsAssets
Union Bank of IndiaFinancialCD3.57%
Axis Bank Ltd.FinancialCD2.87%
Small Industries Devp. Bank of India Ltd.FinancialCD2.33%
Union Bank of IndiaFinancialCD2.29%
REC Ltd.FinancialCP2.22%
LIC Housing Finance Ltd.FinancialCP2.20%
National Bank For Agriculture & Rural DevelopmentFinancialCD2.19%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.92%
Canara BankFinancialCD1.78%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.68%
Union Bank of IndiaFinancialCD1.58%
Reserve Bank of IndiaFinancialT-Bills1.46%
Bank Of BarodaFinancialCD1.44%
IDFC First Bank Ltd.FinancialCD1.43%
Gujarat StateConstructionSDL1.41%
Tata Teleservices Ltd.CommunicationCP1.39%
Kotak Mahindra Bank Ltd.FinancialCD1.38%
Bank of MaharashtraFinancialCD1.38%
L&T Finance Ltd.FinancialCP1.38%
Small Industries Devp. Bank of India Ltd.FinancialCD1.37%
Union Bank of IndiaFinancialCD1.37%
Export-Import Bank Of IndiaFinancialCD1.37%
Punjab National BankFinancialCD1.31%
Reserve Bank of IndiaFinancialT-Bills1.30%
Axis Bank Ltd.FinancialCD1.24%
Small Industries Devp. Bank of India Ltd.FinancialCD1.24%
Indian BankFinancialCD1.15%
Small Industries Devp. Bank of India Ltd.FinancialCD1.15%
Indian BankFinancialCD1.14%
LIC Housing Finance Ltd.FinancialCP1.02%
Reserve Bank of IndiaFinancialT-Bills1.02%
Bank of IndiaFinancialCD1.00%
Bank Of BarodaFinancialCD0.96%
Indian BankFinancialCD0.95%
Reserve Bank of IndiaFinancialT-Bills0.88%
IDFC First Bank Ltd.FinancialCD0.88%
Reserve Bank of IndiaFinancialT-Bills0.87%
Canara BankFinancialCD0.86%
ICICI Securities Ltd.FinancialCP0.86%
Muthoot Fincorp Ltd.FinancialCP0.85%
Small Industries Devp. Bank of India Ltd.FinancialCD0.84%
Bank Of BarodaFinancialCD0.83%
Small Industries Devp. Bank of India Ltd.FinancialCD0.83%
Canara BankFinancialCD0.80%
Export-Import Bank Of IndiaFinancialCD0.73%
Bank of IndiaFinancialCD0.72%
Indian BankFinancialCD0.72%
Export-Import Bank Of IndiaFinancialCD0.72%
SMFG India Credit Company Ltd.FinancialCP0.72%
Canara BankFinancialCD0.69%
Tata Capital Housing Finance Ltd.FinancialCP0.69%
Union Bank of IndiaFinancialCD0.65%
Reserve Bank of IndiaFinancialT-Bills0.59%
Punjab National BankFinancialCD0.58%
Motilal Oswal Financial Services Ltd.FinancialCP0.58%
AU Small Finance Bank Ltd.FinancialCD0.58%
AU Small Finance Bank Ltd. Pref. SharesFinancialCD0.58%
Bank Of BarodaFinancialCD0.57%
Cholamandalam Investment and Finance Company Ltd.FinancialCP0.57%
L&T Finance Ltd.FinancialCP0.57%
Julius Baer Capital India Pvt Ltd.FinancialCP0.57%
Motilal Oswal Finevest Ltd.FinancialCP0.57%
SMFG India Credit Company Ltd.FinancialCP0.56%
Bank Of BarodaFinancialCD0.55%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.55%
Muthoot Fincorp Ltd.FinancialCP0.55%
Muthoot Fincorp Ltd.FinancialCP0.54%
JM Financial Services Pvt. Ltd.FinancialCP0.54%
Bank Of BarodaFinancialCD0.51%
Infina Finance Pvt. Ltd.FinancialCP0.44%
Barclays Investments & Loans Ltd.FinancialCP0.44%
Reserve Bank of IndiaFinancialT-Bills0.44%
Tata Capital Housing Finance Ltd.FinancialCP0.44%
Standard Chartered Investment & Loan India. Ltd.FinancialCP0.44%
Bank Of BarodaFinancialCD0.43%
Bank of IndiaFinancialCD0.43%
Indian BankFinancialCD0.43%
Small Industries Devp. Bank of India Ltd.FinancialCD0.43%
Kotak Mahindra Bank Ltd.FinancialCD0.42%
Bank of MaharashtraFinancialCD0.41%
GIC Housing Finance Ltd.FinancialCP0.36%
Motilal Oswal Financial Services Ltd.FinancialCP0.36%
Tamilnadu StateOthersSDL0.32%
Telangana StateFinancialSDL0.32%
GOISovereignGOI Sec0.29%
Power Finance Corporation Ltd.FinancialCP0.29%
Canara BankFinancialCD0.29%
Standard Chartered Investment & Loan India Ltd.FinancialCP0.29%
Muthoot Finance Ltd.FinancialCP0.29%
Infina Finance Pvt. Ltd.FinancialCP0.29%
ICICI Securities Ltd.FinancialCP0.29%
Reserve Bank of IndiaFinancialT-Bills0.29%
Uttarakhand StateOthersSDL0.29%
Aditya Birla Capital Ltd.FinancialCP0.29%
HSBC InvestDirect Financial Services India Ltd.FinancialCP0.29%
Birla Group Holdings Pvt. Ltd.FinancialCP0.29%
ICICI Bank Ltd.FinancialCD0.27%
Tata Realty and Infrastructure Ltd.ConstructionCP0.27%
Birla Group Holdings Pvt. Ltd.FinancialCP0.27%
Kotak Mahindra Prime Ltd.FinancialCP0.21%
Rajasthan StateOthersSDL0.19%
Telangana StateFinancialSDL0.17%
Canara BankFinancialCD0.15%
Karnataka StateOthersSDL0.15%
Muthoot Finance Ltd.FinancialCP0.15%
SMFG India Credit Company Ltd.FinancialCP0.15%
IDFC First Bank Ltd.FinancialCD0.15%
Birla Group Holdings Pvt. Ltd.FinancialCP0.15%
Uttar Pradesh StateOthersSDL0.14%
Motilal Oswal Financial Services Ltd.FinancialCP0.14%
Birla Group Holdings Pvt. Ltd.FinancialCP0.14%
Maharashtra StateOthersSDL0.13%
Madhya Pradesh StateOthersSDL0.13%
Gujarat StateConstructionSDL0.07%
Karnataka StateOthersSDL0.07%
Tamilnadu StateOthersSDL0.04%
See All

Minimum investments

Min. for 1st investment
₹100
Min. for 2nd investment
₹100
Min. for SIP
₹100

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+7.5%+6.4%+6.8%+7.3%
Category average (Debt Money Market)+7.2%+5.9%+6.5%--
Rank (Debt Money Market)965--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.
Check past data

Compare similar funds

Fund management

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education
Mr. Dhruv has done B.Com, CA and CFA
Experience
Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells
Also manages these schemes

About HDFC Money Market Fund Direct Growth

HDFC Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Praveen Jain is the Current Fund Manager of HDFC Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,32,192 Cr and the Latest NAV as of 09 Feb 2026 is ₹6,057.50. The HDFC Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;

Investment Objective

The scheme seeks to generate income / capital appreciation by investing in money market instruments.
Fund benchmarkCRISIL Money Market A-I Index

Fund house

Rank (total assets)#2 in India
Total AUM₹9,32,192.06 Cr
Date of Incorporation10 Dec 1999
Phone022 – 66316333
Launch Date10 Dec 1999
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, BackbayReclamation, Churchgate Mumbai 400020
CustodianNA
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,