DEBT•MONEY MARKET FUND
HDFC Money Market Fund
3 Year return
7.40%
NAV on August 11, 2026
6267.995
1D Returns
+4.44%
Launched on December 2012(14 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.28%₹442
Total Value ₹4,042
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹28,094.82 Cr.
Expense Ratio
0.22% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
4
Crisil
3
Morning Star
5
Tax Implications
Tax on gains as per your income tax bracket
HDFC Mutual Fund Manager
DM
Dhruv Muchhal
Fund Manager since Jun 2023
PJ
Praveen Jain
Fund Manager since Mar 2026
Fund House Details
HDFC Mutual Fund
Asset management company
AUM
₹9,61,940.45 Cr.
No. of Schemes
185
Setup Date
July 2000
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| TATA Money Market Fund | 7.5418% | 4.5 |
| Nippon India Money Market Fund | 7.433% | 4.5 |
| Axis Money Market Fund | 7.4604% | 4 |
Schemes by HDFC Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund Growth Plan Direct Plan13.6645%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout13.2372%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Reinvestment13.2372%
The HDFC Money Market Fund Direct Plan-Growth falls under the Money Market mutual fund category from the HDFC Mutual Fund. This is an open-ended fund which gives investors an option to buy or sell fund units at any time. The expense ratio of HDFC Money Market Fund Direct Plan-Growth is slightly low compared to the category average.
Investment Objective of the Scheme
The primary focus of this scheme is on income generation and capital appreciation, achieved through meticulous investments in money market instruments. However, as with all financial ventures, it's essential to understand that the fund doesn't guarantee the realisation of its investment objectives.
Key Features of The Fund
5-year return
6.6524%
Expense Ratio
0.22%
Fund Manager
Dhruv Muchhal
Fund Size
₹28094.82 Cr.
Risk Profile
Moderate
Is This Scheme Right for Me?
The HDFC Money Market Fund is tailor-made for individuals with a short-term investment horizon, typically ranging from 6 months up to a year. If you're an investor, it's prudent to ensure that a significant portion of the fund isn't tied up in low-rated debt. Not just limited to short-term financial goals, this fund can also act as a safeguard, providing a cushion in the form of emergency funds. If you prioritise safety and liquidity while seeking moderate returns, this fund can be an apt choice for your portfolio.
AMC Contact Details
| Name | HDFC Mutual Fund |
| Launch Date | July 2000 |
| Address | "HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020 |
| Contact | 1800 3010 67671800 419 7676 |
| hello@hdfcfund.com | |
| Website | https://www.hdfcfund.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Combat Inflation With SIP Investments
Beat inflation and watch your money grow with our SIP return calculator. Protect your purchasing power and ensure your investments outpace inflation. Start hedging against inflation and securing your financial future now!
FAQs
What is today's NAV of HDFC Money Market Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Money Market Fund on August 11, 2026, is ₹6267.995
What is the AUM of HDFC Money Market Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Money Market Fund, is ₹28094.82 crore.
What is the expense ratio of HDFC Money Market Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of HDFC Money Market Fund is 0.22%
What are the returns of HDFC Money Market Fund since inception?
The HDFC Money Market Fund was launched on December 31, 2012. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in HDFC Money Market Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Money Market Fund is ₹100.
How do I invest in HDFC Money Market Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HDFC Money Market Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HDFC Money Market Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HDFC Money Market Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,042 in 3Y at 7.399% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
By proceeding, you accept AngelOne's T&C
