HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

Debt
Direct
Money Market
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

About the Fund

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

Key Parameters

  1. HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has ₹1420 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has given a CAGR return of 6.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.38%, 5.75% and 6.14% respectively.

Holdings

HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Consumer Cyclical. Its top holdings are HDFC Bank Limited, Axis Bank Limited, Canara Bank, National Bank For Agriculture And Rural Development, Punjab National Bank

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 HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl

To generate regular income through investment in a portfolio comprising substantially of 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 5000.00 and for SIP is INR 1000.00. HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹1420 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
311.91%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
63.8%
Cash Equivalent
25.3%
Government
10.9%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Limited
HDFC Bank Limited
6.66%
0%
Axis Bank Limited
Axis Bank Limited
5.09%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.04%
0%
Canara Bank
Canara Bank
5.04%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.02%
0%

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

HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl 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 6.17% since inception which is more than its category average return of 4.97%
AUM size ₹1420 Cr

AUM size ₹1420 Cr

This fund has AUM of ₹1420 Cr which is less than its category average of ₹ 7188 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% 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 Monthly Reinvestment of Income Distribution cum Cap Wdrl is ₹12.23 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.61%
0.61%
6 Month Returns
3.85%
3.85%
1 Year Returns
7.38%
7.38%
3 Years Returns
18.28%
5.75%
5 Years Returns
34.7%
6.14%
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.
0.2% as on May 2024
₹1420 Cr as on May 2024
HDFC Bank Limited(6.66%), Axis Bank Limited(5.09%), Canara Bank(5.04%), National Bank For Agriculture And Rural Development(5.04%), Punjab National Bank(5.02%) as on May 2024
Corporate(63.78%), Cash Equivalent(25.28%), Government(10.94%) as on May 2024
Yield to Maturity is 7.56 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
Kapil Punjabi, Shriram Ramanathan are the fund managers of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl is 0%