HDFC Money Market Fund Direct Growth

HDFC Money Market Fund Direct Growth

+7.50%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Mar '26
₹6,093.53
Min. for SIP
₹100
Fund size
₹33,094.05 Cr
Expense ratio
0.23%

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹61,651
+2.75%
3 years₹1,80,000₹1,99,648
+10.92%
5 years₹3,00,000₹3,56,291
+18.76%
10 years₹6,00,000₹8,42,135
+40.36%

Holdings (113)

NameSectorInstrumentsAssets
Indusind Bank Ltd.FinancialCD2.83%
Indian Overseas BankFinancialCD2.83%
Yes Bank Ltd.FinancialCD2.82%
Small Industries Devp. Bank of India Ltd.FinancialCD2.41%
REC Ltd.FinancialCP2.30%
Union Bank of IndiaFinancialCD2.23%
National Bank For Agriculture & Rural DevelopmentFinancialCD2.20%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.99%
Canara BankFinancialCD1.85%
Punjab & Sind BankFinancialCD1.84%
Union Bank of IndiaFinancialCD1.64%
IDFC First Bank Ltd.FinancialCD1.48%
Kotak Mahindra Bank Ltd.FinancialCD1.43%
Bank of MaharashtraFinancialCD1.43%
Tata Teleservices Ltd.CommunicationCP1.43%
Small Industries Devp. Bank of India Ltd.FinancialCD1.42%
Canara BankFinancialCD1.42%
Export-Import Bank Of IndiaFinancialCD1.42%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.42%
National Bank For Agriculture & Rural DevelopmentFinancialCD1.41%
Union Bank of IndiaFinancialCD1.35%
Reserve Bank of IndiaFinancialT-Bills1.35%
Axis Bank Ltd.FinancialCD1.28%
L&T Finance Ltd.FinancialCP1.28%
Bank of IndiaFinancialCD1.27%
Indian BankFinancialCD1.19%
Small Industries Devp. Bank of India Ltd.FinancialCD1.19%
Gujarat StateConstructionSDL1.15%
LIC Housing Finance Ltd.FinancialCP1.05%
Bank of IndiaFinancialCD1.04%
Bank Of BarodaFinancialCD1.00%
Kotak Mahindra Securities Ltd.FinancialCP0.99%
Reserve Bank of IndiaFinancialT-Bills0.97%
Indian BankFinancialCD0.96%
Gujarat StateConstructionSDL0.91%
Reserve Bank of IndiaFinancialT-Bills0.90%
ICICI Securities Ltd.FinancialCP0.89%
Muthoot Fincorp Ltd.FinancialCP0.88%
Bank Of BarodaFinancialCD0.86%
Small Industries Devp. Bank of India Ltd.FinancialCD0.86%
AU Small Finance Bank Ltd.FinancialCD0.85%
Punjab National BankFinancialCD0.75%
Bank of IndiaFinancialCD0.74%
SMFG India Credit Company Ltd.FinancialCP0.74%
Small Industries Devp. Bank of India Ltd.FinancialCD0.72%
Bank Of BarodaFinancialCD0.71%
Punjab National BankFinancialCD0.71%
Small Industries Devp. Bank of India Ltd.FinancialCD0.71%
Canara BankFinancialCD0.71%
ICICI Securities Ltd.FinancialCP0.71%
Tata Capital Housing Finance Ltd.FinancialCP0.71%
Aditya Birla Capital Ltd.FinancialCP0.71%
Birla Group Holdings Pvt. Ltd.FinancialCP0.71%
Reserve Bank of IndiaFinancialT-Bills0.69%
Canara BankFinancialCD0.68%
Aditya Birla Capital Ltd.FinancialCP0.63%
Reserve Bank of IndiaFinancialT-Bills0.62%
Bank Of BarodaFinancialCD0.60%
Motilal Oswal Financial Services Ltd.FinancialCP0.60%
ICICI Securities Ltd.FinancialCP0.60%
Bank Of BarodaFinancialCD0.59%
Canara BankFinancialCD0.59%
L&T Finance Ltd.FinancialCP0.59%
Motilal Oswal Finevest Ltd.FinancialCP0.59%
SMFG India Credit Company Ltd.FinancialCP0.58%
Bank Of BarodaFinancialCD0.57%
National Bank For Agriculture & Rural DevelopmentFinancialCD0.57%
Muthoot Fincorp Ltd.FinancialCP0.57%
Tata Capital Housing Finance Ltd.FinancialCP0.57%
AU Small Finance Bank Ltd. Pref. SharesFinancialCD0.57%
Infina Finance Pvt. Ltd.FinancialCP0.56%
ICICI Securities Ltd.FinancialCP0.56%
Muthoot Fincorp Ltd.FinancialCP0.56%
JM Financial Services Pvt. Ltd.FinancialCP0.56%
IGH Holdings Pvt. Ltd.CommunicationCP0.56%
Pilani Investment And Industries Corporation Ltd.FinancialCP0.49%
Bank of IndiaFinancialCD0.45%
Tata Capital Housing Finance Ltd.FinancialCP0.45%
Kotak Mahindra Bank Ltd.FinancialCD0.44%
Bank of MaharashtraFinancialCD0.43%
Punjab National BankFinancialCD0.42%
Muthoot Finance Ltd.FinancialCP0.42%
GIC Housing Finance Ltd.FinancialCP0.37%
Reserve Bank of IndiaFinancialT-Bills0.37%
Tamilnadu StateOthersSDL0.33%
GOISovereignGOI Sec0.30%
Export-Import Bank Of IndiaFinancialCD0.30%
Muthoot Finance Ltd.FinancialCP0.30%
Aditya Birla Capital Ltd.FinancialCP0.30%
Birla Group Holdings Pvt. Ltd.FinancialCP0.30%
ICICI Bank Ltd.FinancialCD0.28%
Muthoot Finance Ltd.FinancialCP0.28%
Tata Realty and Infrastructure Ltd.ConstructionCP0.28%
Muthoot Fincorp Ltd.FinancialCP0.28%
Birla Group Holdings Pvt. Ltd.FinancialCP0.28%
Motilal Oswal Financial Services Ltd.FinancialCP0.23%
Kotak Mahindra Prime Ltd.FinancialCP0.22%
Union Bank of IndiaFinancialCD0.22%
Muthoot Finance Ltd.FinancialCP0.15%
SMFG India Credit Company Ltd.FinancialCP0.15%
Birla Group Holdings Pvt. Ltd.FinancialCP0.15%
Export-Import Bank Of IndiaFinancialCD0.15%
Rajasthan StateOthersSDL0.15%
Motilal Oswal Financial Services Ltd.FinancialCP0.15%
Barclays Investments & Loans Ltd.FinancialCP0.15%
Birla Group Holdings Pvt. Ltd.FinancialCP0.14%
Maharashtra StateOthersSDL0.14%
Muthoot Finance Ltd.FinancialCP0.14%
Muthoot Fincorp Ltd.FinancialCP0.14%
HSBC InvestDirect Financial Services India Ltd.FinancialCP0.14%
Andhra Pradesh StateFinancialSDL0.12%
Andhra Pradesh StateFinancialSDL0.05%
Karnataka StateOthersSDL0.03%
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)955--

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 20 Mar 2026 is ₹6,093.53. 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,