HDFC Money Market Fund
Get the latest NAV of HDFC Money Market Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹6160.94
NAV as on 04 Jun 2026
7.28%/per year
Since Inception
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579 people have invested ₹ 4.8Cr in HDFC Money Market Fund in the last three months
HDFC Money Market Fund Performance vs. Money Market Index
Fund returns vs Benchmark returns vs Category Average returns as on (04-Jun-26)
The fund has consistently outperformed the benchmark (Money Market Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
HDFC Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
HDFC Money Market Fund Asset Allocation
See fund asset allocation details as on (14-May-26)
Fund Distribution
as on (14-May-26)
HDFC Money Market Fund Sector Allocation
See fund sector allocation details as on (14-May-26)
Sector Allocation
Top 3 Sectors in April were Financial Services, Corporate & Government
Financial Services
69%
Corporate
47%
Government
20%
Financial Services
69%
Corporate
38%
Government
16%
HDFC Money Market Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.27% |
Benchmark | Nifty Money Market TR INR |
| AUM | ₹29824 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 152.62% |
| Risk |   Moderate Risk |
About HDFC Money Market Fund
HDFC Money Market Fund is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Praveen Jain, Dhruv Muchhal. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Money Market Fund has ₹29824 Cr worth of assets under management (AUM) as on May 2026 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
HDFC Money Market Fund has given a CAGR return of 7.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.98%, 7.27% and 6.45% respectively.
Holdings
HDFC Money Market Fund has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Energy, Consumer Cyclical, Industrial, Basic Materials, Consumer Defensive, Tech. Its top holdings are Indusind Bank Ltd., Yes Bank Limited, Indian Overseas Bank, Small Industries Dev Bank Of India, National Bank For Agriculture And Rural Development
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of HDFC Money Market Fund
To generate income / capital appreciation by investing in money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Money Market Fund has no lock in period.
Fund Manager
Praveen Jain
Fund Manager of HDFC Money Market Fund, since 31 August 2024
Dhruv Muchhal
Fund Manager of HDFC Money Market Fund, since 22 June 2023
- AUM of the fund stands at 29.8K Cr as of Apr'26
- AUM increased by 1.6K Cr between Apr'26 and Mar'26
Frequently Asked Questions for HDFC Money Market Fund
How do I invest in HDFC Money Market Fund?
- Download the INDmoney app.
- Search for ‘HDFC Money Market Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.