HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt

Debt
Direct
Money Market
HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt

About the Fund

HDFC Money Market Direct Plan Weekly Payout 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 Weekly Payout of Income Distribution cum Capital Withdrawal Opt has ₹22480 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.

Returns

HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt has given a CAGR return of 5.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.13%, 5.11% and 5.30% respectively.

Holdings

HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt 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 Bank Of Baroda, Bank of Baroda, Union Bank of India, Panatone Finvest Ltd, Union Bank of India

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt

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 Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹22480 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%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
49.6%
Cash Equivalent
35.9%
Government
14.5%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Bank Of Baroda
Bank Of Baroda
2.81%
0%
Bank of Baroda
Bank of Baroda
2.74%
0%
Panatone Finvest Ltd
Panatone Finvest Ltd
2.33%
0%
Union Bank of India
Union Bank of India
2.33%
0%
Union Bank of India
Union Bank of India
2.32%
0%

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

HDFC Money Market Direct Plan Weekly Payout 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 5.58% since inception which is more than its category average return of 4.97%
AUM size ₹22480 Cr

AUM size ₹22480 Cr

This fund has AUM of ₹22480 Cr which is more than its category average of ₹ 7188 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 Weekly Payout of Income Distribution cum Capital Withdrawal Opt is ₹1063.46 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.5%
0.5%
6 Month Returns
3.53%
3.53%
1 Year Returns
6.13%
6.13%
3 Years Returns
16.11%
5.11%
5 Years Returns
29.45%
5.3%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.23% as on May 2024
₹22480 Cr as on May 2024
Bank Of Baroda(2.81%), Bank of Baroda(2.74%), Union Bank of India(2.33%), Panatone Finvest Ltd(2.33%), Union Bank of India(2.32%) as on May 2024
Corporate(49.61%), Cash Equivalent(35.88%), Government(14.51%) as on May 2024
Yield to Maturity is 7.6 as on May 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 0.6 as on May 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 Weekly Payout of Income Distribution cum Capital Withdrawal Opt
The Exit load of HDFC Money Market Direct Plan Weekly Payout of Income Distribution cum Capital Withdrawal Opt is 0%