HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt

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Debt
Direct
Money Market
NAV: ₹ 1063.64 as on 28-02-2024
Fund Performance

About the HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vikash Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt has ₹16485 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹16485 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
123.87%

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
45.1%
Corporate
33.6%
Government
21.3%

Top Holdings of HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt as on (31-Jan-24)

  • Debt & Cash

Debt Holdings123
Holdings
Weight%
1M Change
Union Bank of India
Union Bank of India
3.39%
100%
Panatone Finvest Ltd
Panatone Finvest Ltd
3.09%
0%
08.35 SBI RT SB 2024
08.35 SBI RT SB 2024
2.85%
14.7%
Tata Capital Housing Finance Limited
Tata Capital Housing Finance Limited
2.8%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.71%
100%

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 17.5K Cr
₹ 16.1K Cr
₹ 17.5K Cr
  • AUM of the fund stands at 17.5K Cr as of Jan'24
  • AUM increased by 1.4K Cr between Jan'24 and Dec'23
Fund Portfolio Changes

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt Fund Manager

Vikash Agarwal
Vikash Agarwal
Fund Manager of HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt, since 1 July 2020
Top funds managed

HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.74% since inception which is more than its category average return of 4.91%
AUM size ₹16485 Cr

AUM size ₹16485 Cr

This fund has AUM of ₹16485 Cr which is more than its category average of ₹ 5830 Cr
Expense Ratio 0.23%

Expense Ratio 0.23%

This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt is ₹1063.64 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
3.58%
3.58%
1 Year Returns
7.61%
7.61%
3 Years Returns
18.13%
5.71%
5 Years Returns
32.23%
5.75%
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0.23% as on January 2024
₹16485 Cr as on January 2024
Union Bank of India(3.39%), Panatone Finvest Ltd(3.09%), 08.35 SBI RT SB 2024(2.85%), Tata Capital Housing Finance Limited(2.8%), Small Industries Development Bank Of India(2.71%) as on January 2024
Cash Equivalent(44.86%), Corporate(34.03%), Government(21.11%) as on January 2024
Yield to Maturity is 7.83 as on January 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.45 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikash Agarwal is the fund manager of HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt
The Exit load of HDFC Money Market Direct Plan Daily Reinvestment of Income Distribution cum Capital Withdrawal Opt is 0%