HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl
Debt
Direct
Money Market
NAV: ₹ 10.86 as on 18-04-2024
Fund Performance
About the 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 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
- HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl has ₹1100 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 Daily Reinvestment of Income Distribution cum Cap Wrdl Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1100 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 311.91% |
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
59.1%
Cash Equivalent
28.5%
Government
12.4%
Top Holdings of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl as on (31-Mar-24)
Debt Holdings20
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Bank Limited | 6.49% | 0% | |
National Bank For Agriculture And Rural Development | 6.43% | 0% | |
Canara Bank | 6.42% | 0% | |
ICICI Bank Ltd. | 6.41% | 0% | |
Small Industries Development Bank Of India | 6.4% | 0% |
See all
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl Fund Manager
Kapil Punjabi
Fund Manager of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl, since 26 November 2022
Top funds managed
Shriram Ramanathan
Fund Manager of HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl, since 20 March 2020
Top funds managed
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl 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 5.85% since inception which is more than its category average return of 4.97%
AUM size ₹1100 Cr
This fund has AUM of ₹1100 Cr which is less than its category average of ₹ 6049 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.33%
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 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.51% | 7.51% |
3 Years Returns | 17.13% | 5.41% |
5 Years Returns | 29.22% | 5.26% |
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 March 2024
₹1100 Cr as on March 2024
Axis Bank Limited(6.49%), National Bank For Agriculture And Rural Development(6.43%), Canara Bank(6.42%), ICICI Bank Ltd.(6.41%), Punjab National Bank(6.4%) as on March 2024
Corporate(59.08%), Cash Equivalent(28.54%), Government(12.39%) as on March 2024
Yield to Maturity is 7.68 as on March 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 0.63 as on March 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 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%