HSBC Money Market Fund Direct Growth

HSBC Money Market Fund Direct Growth

Get the latest NAV of HSBC Money Market Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹27.48

NAV as on 16 May 2025

7.5%/per year

Since Inception

Absolute Gain%

67 people have invested ₹ 5.6L in HSBC Money Market Fund Direct Growth in the last three months

Fund Performance

as on (16-May-25)

Period
This Fund
Money Market Index
1 Month
0.64%
0.47%
3 Months
2.36%
1.94%
6 Months
4.19%
3.46%
1 Year
8.09%
7.05%
3 Years
7.3%
6.83%
5 Years
5.84%
5.61%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HSBC Money Market Fund
15/17
2,834Cr
0.14%
8.09%
7.3%
7.5%
Baroda BNP Paribas Money Market Fund Direct Growth
2/17
1,219Cr
0.23%
7.99%
7.06%
5.7%
HDFC Money Market Fund Direct Growth
9/17
30,273Cr
0.23%
8.16%
7.46%
7.37%
Tata Money Market Fund Direct Growth
10/17
30,065Cr
0.16%
8.27%
7.62%
6.78%

HSBC Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

HSBC Money Market Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 99.8%

AAA
100%

Cash allocation has gone up from 64.7% to 86.2%
Cash allocation has gone up from 64.7% to 86.2%
Debt allocation has gone down from 35% to 13.6%
Debt allocation has gone down from 35% to 13.6%

HSBC Money Market Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 99.8%

Corporate
57.2%
Cash Equivalent
38.6%
Government
4.2%

Top 3 Sectors in April were Financial Services, Corporate & Government

Apr'25

Financial Services

99%

Corporate

52%

Government

23%

Mar'25

Financial Services

99%

Corporate

46%

Government

24%

HSBC Money Market Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.14%
Benchmark
Nifty Money Market TR INR
AUM₹2834 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
222.59%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About HSBC Money Market Fund

HSBC Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Money Market Fund Direct Growth has ₹2834 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

HSBC Money Market Fund Direct Growth has given a CAGR return of 7.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.09%, 7.30% and 5.84% respectively.

Holdings

HSBC Money Market Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Consumer Cyclical. Its top holdings are Bharti Telecom Limited, National Bank For Agriculture & Rural Development**, Indian Bank, Punjab National Bank, 364 DTB 19mar2026

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HSBC Money Market Fund Direct Growth

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 Growth has no lock in period.

Fund Manager

Shriram Ramanathan

Fund Manager of HSBC Money Market Fund Direct Growth, since 21 March 2020

Learn more about HSBC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 2.8K Cr
₹ 2.5K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.8K Cr as of Apr'25
  • AUM increased by 297.8 Cr between Apr'25 and Mar'25

Frequently Asked Questions for HSBC Money Market Fund Direct Growth

What is the current NAV of HSBC Money Market Fund Direct Growth?

The current NAV of HSBC Money Market Fund Direct Growth is ₹27.48 as on 16-May-2025.

What are the average returns of HSBC Money Market Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
HSBC Money Market Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
4.19%
4.19%
1 Year Returns
8.09%
8.09%
3 Years Returns
23.55%
7.3%

How do I invest in HSBC Money Market Fund Direct Growth?

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.

What is the expense ratio of HSBC Money Market Fund Direct Growth?

0.14% as on April 2025

What is net assets under management (AUM) of HSBC Money Market Fund Direct Growth?

₹2834 Cr as on April 2025

What are the top 5 holdings of HSBC Money Market Fund Direct Growth?

Bharti Telecom Limited(4.29%), National Bank For Agriculture & Rural Development**(4.17%), Indian Bank(3.39%), Punjab National Bank(3.39%), 364 DTB 19mar2026(3.35%) as on April 2025

What are the top 3 sectors that this HSBC Money Market Fund Direct Growth has invested in?

Corporate(51.75%), Cash Equivalent(24.83%), Government(23.42%) as on April 2025

What is the yield to maturity ratio of HSBC Money Market Fund Direct Growth?

Yield to Maturity is 7 as on April 2025. 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.

What is the modified duration of HSBC Money Market Fund Direct Growth?

Modified Duration is 0.74 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of HSBC Money Market Fund Direct Growth?

AAA
100

Who is the manager of HSBC Money Market Fund Direct Growth?

Shriram Ramanathan is the fund manager of HSBC Money Market Fund Direct Growth

What is the exit load of HSBC Money Market Fund Direct Growth?

The Exit load of HSBC Money Market Fund Direct Growth is 0%