HDFC Money Market Fund Direct Growth

HDFC Money Market Fund Direct Growth

+7.48%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 09 Apr '26
₹6,126.15
Min. for SIP
₹100
Fund size (AUM)
₹28,187.70 Cr
Expense ratio
0.23%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,750
+2.92%
3 years₹1,80,000₹1,99,913
+11.06%
5 years₹3,00,000₹3,57,062
+19.02%
10 years₹6,00,000₹8,43,559
+40.59%

Holdings (98)

NameSectorInstrumentsAssets
Indian Overseas BankFinancialCD3.33%
Indusind Bank Ltd.FinancialCD3.33%
Yes Bank Ltd.FinancialCD3.33%
Small Industries Devp. Bank of India Ltd.FinancialCD2.84%
National Bank For Agriculture & Rural DevelopmentFinancialCD2.59%
Canara BankFinancialCD2.51%
National Bank For Agriculture & Rural DevelopmentFinancialCD2.35%
Canara BankFinancialCD2.18%
Punjab & Sind BankFinancialCD2.16%
Punjab & Sind BankFinancialCD1.99%
Union Bank of IndiaFinancialCD1.93%
Punjab National BankFinancialCD1.91%
IDFC First Bank Ltd.FinancialCD1.75%
Tata Teleservices Ltd.CommunicationCP1.69%
Kotak Mahindra Bank Ltd.FinancialCD1.68%
Small Industries Devp. Bank of India Ltd.FinancialCD1.68%
Bank of MaharashtraFinancialCD1.68%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.67%
Small Industries Devp. Bank of India Ltd.FinancialCD1.67%
Export-Import Bank Of IndiaFinancialCD1.67%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.66%
Bank Of BarodaFinancialCD1.66%
Reserve Bank of IndiaFinancialT-Bills1.59%
Axis Bank Ltd.FinancialCD1.51%
Bank of IndiaFinancialCD1.50%
Bank of IndiaFinancialCD1.23%
Reserve Bank of IndiaFinancialT-Bills1.23%
Bank Of BarodaFinancialCD1.17%
Kotak Mahindra Securities Ltd.FinancialCP1.16%
Reserve Bank of IndiaFinancialT-Bills1.06%
Muthoot Fincorp Ltd.FinancialCP1.04%
Small Industries Devp. Bank of India Ltd.FinancialCD1.02%
Bank Of BarodaFinancialCD1.01%
AU Small Finance Bank Ltd.FinancialCD1.00%
Bank Of BarodaFinancialCD0.84%
Canara BankFinancialCD0.84%
Tata Capital Housing Finance Ltd.FinancialCP0.84%
Small Industries Devp. Bank of India Ltd.FinancialCD0.83%
Aditya Birla Housing Finance Ltd.FinancialCP0.83%
Aditya Birla Capital Ltd.FinancialCP0.83%
Birla Group Holdings Pvt. Ltd.FinancialCP0.83%
Bharti Telecom Ltd.CommunicationCP0.83%
ICICI Securities Ltd.FinancialCP0.83%
National Bank For Financing Infrastructure And DevelopmentFinancialCD0.83%
AU Small Finance Bank Ltd.FinancialCD0.82%
Reserve Bank of IndiaFinancialT-Bills0.81%
Aditya Birla Capital Ltd.FinancialCP0.75%
Gujarat StateConstructionSDL0.71%
Bank of IndiaFinancialCD0.70%
SMFG India Credit Company Ltd.FinancialCP0.68%
Bank Of BarodaFinancialCD0.68%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.67%
Tata Capital Housing Finance Ltd.FinancialCP0.67%
Muthoot Fincorp Ltd.FinancialCP0.67%
AU Small Finance Bank Ltd. Pref. SharesFinancialCD0.67%
IGH Holdings Pvt. Ltd.CommunicationCP0.66%
JM Financial Services Pvt. Ltd.FinancialCP0.66%
Muthoot Fincorp Ltd.FinancialCP0.66%
Infina Finance Pvt. Ltd.FinancialCP0.66%
ICICI Securities Ltd.FinancialCP0.66%
Pilani Investment And Industries Corporation Ltd.FinancialCP0.58%
Bank of IndiaFinancialCD0.53%
Reserve Bank of IndiaFinancialT-Bills0.53%
Muthoot Finance Ltd.FinancialCP0.50%
Infina Finance Pvt. Ltd.FinancialCP0.50%
Bank of MaharashtraFinancialCD0.50%
Punjab National BankFinancialCD0.50%
Reserve Bank of IndiaFinancialT-Bills0.44%
GIC Housing Finance Ltd.FinancialCP0.44%
National Bank For Financing Infrastructure And DevelopmentFinancialCD0.42%
Muthoot Fincorp Ltd.FinancialCP0.42%
Reserve Bank of IndiaFinancialT-Bills0.35%
Bank Of BarodaFinancialCD0.35%
GOISovereignGOI Sec0.35%
Reserve Bank of IndiaFinancialT-Bills0.34%
DSP Finance Pvt Ltd.FinancialCP0.33%
Tata Realty and Infrastructure Ltd.ConstructionCP0.33%
Birla Group Holdings Pvt. Ltd.FinancialCP0.33%
Muthoot Fincorp Ltd.FinancialCP0.33%
ICICI Bank Ltd.FinancialCD0.33%
Muthoot Finance Ltd.FinancialCP0.33%
Bank Of BarodaFinancialCD0.26%
Kotak Mahindra Bank Ltd.FinancialCD0.26%
IGH Holdings Pvt. Ltd.CommunicationCP0.25%
Reserve Bank of IndiaFinancialT-Bills0.23%
Rajasthan StateOthersSDL0.18%
Reserve Bank of IndiaFinancialT-Bills0.18%
Punjab National BankFinancialCD0.17%
HSBC InvestDirect Financial Services India Ltd.FinancialCP0.17%
Muthoot Finance Ltd.FinancialCP0.17%
Birla Group Holdings Pvt. Ltd.FinancialCP0.17%
Reserve Bank of IndiaFinancialT-Bills0.17%
Muthoot Fincorp Ltd.FinancialCP0.16%
Reserve Bank of IndiaFinancialT-Bills0.16%
Reserve Bank of IndiaFinancialT-Bills0.09%
Reserve Bank of IndiaFinancialT-Bills0.05%
Andhra Pradesh StateFinancialSDL0.02%
Reserve Bank of IndiaFinancialT-Bills0.02%
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%+6.5%+6.8%+7.3%
Category average (Debt Money Market)+7.2%+5.9%+6.5%--
Rank (Debt Money Market)655--

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 ₹9,52,320 Cr and the Latest NAV as of 09 Apr 2026 is ₹6,126.15. The HDFC Money Market Fund Direct Growth is rated 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₹9,52,319.77 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
Custodian--
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,