How to Invest in HDFC Money Market Fund Direct Growth?

You can easily invest in HDFC Money Market Fund Direct Growth 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 Growth 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 Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Money Market Fund Direct Growth provide?

The HDFC Money Market Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 8.02% since its inception.

How much expense ratio is charged by HDFC Money Market Fund Direct Growth?

The term Expense Ratio used for HDFC Money Market Fund Direct Growth 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 Growth is 0.23% as of 04 Sep 2025...

What is the AUM of HDFC Money Market Fund Direct Growth?

The AUM, short for Assets Under Management of HDFC Money Market Fund Direct Growth is ₹36,814.36Cr as of 04 Sep 2025.

How to Redeem HDFC Money Market Fund Direct Growth?

If you want to sell your HDFC Money Market Fund Direct Growth 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 Growth?

You can select either SIP or Lumpsum investment of HDFC Money Market Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HDFC Money Market Fund Direct Growth?

The NAV of HDFC Money Market Fund Direct Growth is ₹5,906.76 as of 03 Sep 2025.

What is the PE and PB ratio of HDFC Money Market Fund Direct Growth?

The PE ratio ratio of HDFC Money Market Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
Union Bank of India	Financial	CD	3.22%
Indian Bank	Financial	CD	2.67%
Axis Bank Ltd.	Financial	CD	2.58%
National Bank For Agriculture & Rural Development	Financial	CD	2.42%
Small Industries Devp. Bank of India Ltd.	Financial	CD	2.03%
REC Ltd.	Financial	CP	2.00%
National Bank For Agriculture & Rural Development	Financial	CD	1.98%
LIC Housing Finance Ltd.	Financial	CP	1.97%
Punjab National Bank	Financial	CD	1.85%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.85%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.58%
Punjab National Bank	Financial	CD	1.57%
Bank Of Baroda	Financial	CD	1.45%
Export-Import Bank Of India	Financial	CP	1.45%
Indusind Bank Ltd.	Financial	CD	1.32%
Axis Bank Ltd.	Financial	CD	1.32%
Gujarat State	Construction	SDL	1.32%
Reserve Bank of India	Financial	T-Bills	1.32%
IDFC First Bank Ltd.	Financial	CD	1.32%
Bank Of Baroda	Financial	CD	1.31%
IDBI Bank Ltd.	Financial	CD	1.31%
Kotak Mahindra Bank Ltd.	Financial	CD	1.31%
LIC Housing Finance Ltd.	Financial	CP	1.31%
L&T Finance Ltd.	Financial	CP	1.31%
IDFC First Bank Ltd.	Financial	CD	1.29%
Bank of India	Financial	CD	1.19%
National Bank For Agriculture & Rural Development	Financial	CD	1.19%
Union Bank of India	Financial	CD	1.12%
Tata Teleservices (Maharashtra) Ltd.	Communication	CP	1.07%
Indusind Bank Ltd.	Financial	CD	1.06%
Union Bank of India	Financial	CD	1.06%
Axis Bank Ltd.	Financial	CD	1.05%
Indian Bank	Financial	CD	1.03%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.03%
Punjab National Bank	Financial	CD	0.98%
Bharti Telecom Ltd.	Communication	CP	0.92%
Reserve Bank of India	Financial	T-Bills	0.92%
Canara Bank	Financial	CD	0.80%
Bank Of Baroda	Financial	CD	0.79%
Kotak Mahindra Bank Ltd.	Financial	CD	0.79%
Indian Bank	Financial	CD	0.79%
Canara Bank	Financial	CD	0.79%
Reserve Bank of India	Financial	T-Bills	0.79%
Muthoot Fincorp Ltd.	Financial	CP	0.76%
Punjab National Bank	Financial	CD	0.72%
The Federal Bank Ltd.	Financial	CD	0.67%
Small Industries Devp. Bank of India Ltd.	Financial	CP	0.66%
Export-Import Bank Of India	Financial	CD	0.66%
National Bank For Agriculture & Rural Development	Financial	CD	0.66%
Reserve Bank of India	Financial	T-Bills	0.66%
AU Small Finance Bank Ltd.	Financial	CD	0.66%
Export-Import Bank Of India	Financial	CD	0.65%
SMFG India Credit Company Ltd.	Financial	CP	0.65%
SMFG India Credit Company Ltd.	Financial	CP	0.64%
Muthoot Fincorp Ltd.	Financial	CP	0.61%
Credila Financial Services Ltd.	Financial	CP	0.60%
GOI	Sovereign	GOI Sec	0.55%
Maharashtra State	Others	SDL	0.55%
Bank Of Baroda	Financial	CD	0.53%
Bank of India	Financial	CD	0.53%
Union Bank of India	Financial	CD	0.53%
Hero FinCorp Ltd.	Financial	CP	0.53%
National Bank For Agriculture & Rural Development	Financial	CD	0.53%
Tata Capital Ltd.	Financial	CP	0.53%
Reserve Bank of India	Financial	T-Bills	0.53%
Credila Financial Services Ltd.	Financial	CP	0.53%
Motilal Oswal Financial Services Ltd.	Financial	CP	0.52%
Muthoot Fincorp Ltd.	Financial	CP	0.52%
AU Small Finance Bank Ltd.	Financial	CD	0.52%
AU Small Finance Bank Ltd. Pref. Shares	Financial	CD	0.52%
Motilal Oswal Finevest Ltd.	Financial	CP	0.51%
IDBI Bank Ltd.	Financial	CD	0.40%
Canara Bank	Financial	CD	0.40%
Julius Baer Capital India Pvt Ltd.	Financial	CP	0.40%
Kotak Mahindra Bank Ltd.	Financial	CD	0.39%
Indian Bank	Financial	CD	0.39%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.39%
Canara Bank	Financial	CD	0.39%
Hero FinCorp Ltd.	Financial	CP	0.39%
Infina Finance Pvt. Ltd.	Financial	CP	0.39%
Barclays Investments & Loans Ltd.	Financial	CP	0.39%
Standard Chartered Capital Ltd.	Financial	CP	0.39%
GIC Housing Finance Ltd.	Financial	CP	0.32%
Gujarat State	Construction	SDL	0.32%
Motilal Oswal Financial Services Ltd.	Financial	CP	0.32%
Tamilnadu State	Others	SDL	0.30%
Telangana State	Financial	SDL	0.30%
GOI	Sovereign	GOI Sec	0.27%
Indusind Bank Ltd.	Financial	CD	0.27%
Hero FinCorp Ltd.	Financial	CP	0.27%
Standard Chartered Investment & Loan India Ltd.	Financial	CP	0.27%
Muthoot Finance Ltd.	Financial	CP	0.27%
Bahadur Chand Investments Pvt. Ltd.	Financial	CP	0.27%
Uttarakhand State	Others	SDL	0.27%
Sharekhan Ltd.	Financial	CP	0.27%
IGH Holdings Pvt. Ltd.	Communication	CP	0.27%
Indian Bank	Financial	CD	0.26%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.26%
Canara Bank	Financial	CD	0.26%
Union Bank of India	Financial	CD	0.26%
Export-Import Bank Of India	Financial	CD	0.26%
Punjab & Sind Bank	Financial	CD	0.26%
Hero FinCorp Ltd.	Financial	CP	0.26%
Standard Chartered Investment & Loan India Ltd.	Financial	CP	0.26%
Muthoot Finance Ltd.	Financial	CP	0.26%
Infina Finance Pvt. Ltd.	Financial	CP	0.26%
ICICI Securities Ltd.	Financial	CP	0.26%
Bahadur Chand Investments Pvt. Ltd.	Financial	CP	0.26%
Madhya Pradesh State	Others	SDL	0.26%
Julius Baer Capital India Pvt Ltd.	Financial	CP	0.26%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.26%
GOI	Sovereign	GOI Sec	0.24%
Karnataka State	Others	SDL	0.22%
Axis Bank Ltd.	Financial	CD	0.20%
Kerala State	Others	SDL	0.20%
Deutsche Investments (I) Pvt. Ltd.	Financial	CP	0.20%
Infina Finance Pvt. Ltd.	Financial	CP	0.20%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.20%
Kotak Mahindra Prime Ltd.	Financial	CP	0.19%
Maharashtra State	Others	SDL	0.18%
Rajasthan State	Others	SDL	0.18%
Karnataka State	Others	SDL	0.18%
GOI	Sovereign	GOI Sec	0.17%
Chhattisgarh State	Others	SDL	0.17%
Telangana State	Financial	SDL	0.16%
GOI	Sovereign	GOI Sec	0.16%
Tamilnadu State	Others	SDL	0.15%
Maharashtra State	Others	SDL	0.14%
Karnataka State	Others	SDL	0.14%
Telangana State	Financial	SDL	0.14%
GOI	Sovereign	GOI Sec	0.13%
The Federal Bank Ltd.	Financial	CD	0.13%
Union Bank of India	Financial	CD	0.13%
Export-Import Bank Of India	Financial	CP	0.13%
Hero FinCorp Ltd.	Financial	CP	0.13%
National Bank For Agriculture & Rural Development	Financial	CD	0.13%
Uttar Pradesh State	Others	SDL	0.13%
Muthoot Finance Ltd.	Financial	CP	0.13%
SMFG India Credit Company Ltd.	Financial	CP	0.13%
Motilal Oswal Financial Services Ltd.	Financial	CP	0.13%
Hero Housing Finance Ltd.	Financial	CP	0.13%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.13%
GOI	Sovereign	GOI Sec	0.12%
Maharashtra State	Others	SDL	0.12%
GOI	Sovereign	GOI Sec	0.09%
Indusind Bank Ltd.	Financial	CD	0.07%
Indian Bank	Financial	CD	0.07%
Punjab National Bank	Financial	CD	0.07%
Export-Import Bank Of India	Financial	CD	0.07%
Tamilnadu State	Others	SDL	0.07%
Gujarat State	Construction	SDL	0.07%
Karnataka State	Others	SDL	0.07%
IDFC First Bank Ltd.	Financial	CD	0.07%
Mankind Pharma Ltd.	Healthcare	CP	0.07%
SBI Factors Ltd.	Financial	CP	0.06%
GOI	Sovereign	GOI Sec	0.05%
Karnataka State	Others	SDL	0.05%
Tamilnadu State	Others	SDL	0.04%
Gujarat State	Construction	SDL	0.04%
Gujarat State	Construction	SDL	0.03%
ICICI Bank Ltd.	Financial	CD	0.01%
Gujarat State	Construction	SDL	0.01%
Karnataka State	Others	SDL	0.01%
Barclays Investments & Loans Ltd.	Financial	CP	0.01%

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

	1Y	3Y	5Y	All
Fund returns	8.0%	7.6%	6.2%	7.4%
Category average	7.6%	7.2%	5.8%	NA
Rank with in category	9	6	6	NA

Debt, Money Market funds	Rating	1Y	3Y	Fund Size(Cr)
Tata Money Market Fund Direct Growth	5	8.1%	7.8%	41,234.54
Axis Money Market Fund Direct Growth	5	8.1%	7.7%	20,503.30
Nippon India Money Market Fund Direct Growth	4	8.1%	7.7%	22,460.96
HDFC Money Market Fund Direct Growth	4	8.0%	7.6%	36,814.36
Franklin India Money Market Fund Direct Growth	4	8.1%	7.6%	4,080.41

Rank (total assets)	#2 in India
Total AUM	₹8,65,702.46Cr

HDFC Money Market Fund Direct Growth

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Expense ratio: 0.23%

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Praveen JainAug 2024 - PresentView details

Dhruv MuchhalJun 2023 - PresentView details

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Praveen Jain
Aug 2024 - Present
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Dhruv Muchhal
Jun 2023 - Present
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