HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl
Debt
Direct
Money Market
NAV: ₹ 12.2 as on 26-09-2023
Fund Performance
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 Shriram Ramanathan, Kapil Punjabi. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl has ₹1019 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1019 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 311.91% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
42.5%
Cash Equivalent
30%
Corporate
27.4%
Top Holdings of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl as on (31-Aug-23)
Debt Holdings27
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Bank Limited | 6.02% | 0% | |
182 DTB 14032024 | 5.98% | 0% | |
State Bank Of India | 5.98% | 0% | |
HDFC Bank Limited | 4.01% | 0% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 4.01% | 0% |
See all
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1K Cr as of Aug'23
- AUM decreased by 22.5 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl Fund Manager
Shriram Ramanathan
Fund Manager of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 20 March 2020
Top funds managed
Kapil Punjabi
Fund Manager of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl, since 26 November 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.02% since inception which is more than its category average return of 4.83%
AUM size ₹1019 Cr
This fund has AUM of ₹1019 Cr which is less than its category average of ₹ 5733 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.35%
Frequently Asked Questions
The current NAV of HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl is ₹12.19 as on 26-Sep-2023.
Existing (Absolute + CAGR) as on 26-Sep-2023.
HSBC Money Market Fund Direct Plan Monthly Reinvestment of Income Distribution cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -0.5% | -0.5% |
6 Month Returns | 3.18% | 3.18% |
1 Year Returns | 6.25% | 6.25% |
3 Years Returns | 13.99% | 4.46% |
5 Years Returns | 29.7% | 5.34% |
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 August 2023
₹1019 Cr as on August 2023
Axis Bank Limited(6.02%), 182 DTB 14032024(5.98%), State Bank Of India(5.98%), Canara Bank(4.01%), HDFC Bank Limited(4.01%) as on August 2023
Government(43.98%), Cash Equivalent(32.8%), Corporate(23.22%) as on August 2023
Yield to Maturity is 7.29 as on August 2023. 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 0.48 as on August 2023. 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 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%