HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl

HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl

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Debt
Direct
Money Market
NAV: ₹ 10.86 as on 17-05-2024

About the Fund

HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan, Kapil Punjabi. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl has ₹1158 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹1158 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
311.91%

HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
59.9%
Cash Equivalent
30%
Government
10.1%

Top Holdings of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings21
Holdings
Weight%
1M Change
Axis Bank Limited
Axis Bank Limited
6.21%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
6.14%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.12%
0%
Punjab National Bank
Punjab National Bank
6.12%
0%
Bank Of Baroda
Bank Of Baroda
6.11%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 1.2K Cr
  • AUM of the fund stands at 1.1K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl, since 20 March 2020
Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl, since 26 November 2022

HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 5.86% since inception which is more than its category average return of 4.96%
AUM size ₹1158 Cr

AUM size ₹1158 Cr

This fund has AUM of ₹1158 Cr which is less than its category average of ₹ 6911 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.34%

Frequently Asked Questions

The current NAV of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl is ₹10.86 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.53%
0.53%
6 Month Returns
3.75%
3.75%
1 Year Returns
7.35%
7.35%
3 Years Returns
17.44%
5.5%
5 Years Returns
30.03%
5.39%
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.
0.25% as on April 2024
₹1158 Cr as on April 2024
Axis Bank Limited(6.21%), National Bank For Agriculture And Rural Development(6.14%), Punjab National Bank(6.12%), Small Industries Development Bank Of India(6.12%), Bank Of Baroda(6.11%) as on April 2024
Corporate(59.88%), Cash Equivalent(30%), Government(10.12%) as on April 2024
Yield to Maturity is 7.61 as on April 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 0.7 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Shriram Ramanathan, Kapil Punjabi are the fund managers of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl
The Exit load of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl is 0%