HDFC Money Market Fund - Growth Option
(Erstwhile HDFC Cash Management Fund - Savings Plan-Growth Option)
Fund House: HDFC Mutual Fund| Category: Debt: Money Market |
| Launch Date: 05-11-1999 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market TRI |
| Expense Ratio: 0.35% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 14,231.64 Cr As on (30-04-2021) |
| Turn over: - | Exit Load: Nil |
4441.1284
1.26 (0.0284%)
7.18%
S&P BSE Liquid Rate Index 5.46%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme is aimed at meeting investors' short to medium term investment requirements. The Scheme provides for investments in money market and corporate debt instruments. The savings plan is suitable for institutional investors and corporate treasurer who have short-term savings/investment horizon and would seek liquidity of their investment at short notice with adequate safety of capital. Under this plan, investors can expect regular dividend distribution out of income earned.
Current Asset Allocation (%)
Indicators
| Volatility | 0.26 |
| Sharp Ratio | 16.1 |
| Alpha | 4.87 |
| Beta | 0.28 |
| Yield to Maturity | 3.97 |
| Average Maturity | 0.52 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 5.03 | 6.45 | 6.96 | 6.86 | 7.92 |
| Tata Money Market Fund-Regular Plan - Growth | 20-05-2003 | 5.2 | 6.3 | 4.37 | 5.37 | 7.18 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 5.15 | 6.47 | 7.11 | 7.06 | 8.1 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 5.15 | 6.47 | 7.11 | 7.07 | 8.02 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 4.88 | 6.19 | 6.82 | 6.86 | 7.95 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 4.84 | 6.11 | 6.84 | 6.87 | 7.95 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 4.83 | - | - | - | - |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 4.7 | 6.15 | 6.92 | 6.89 | 7.96 |
| Franklin India Savings Fund - Growth Option | 11-02-2002 | 4.62 | 6.23 | 6.99 | 7.09 | 8.0 |
| DSP Savings Fund - Regular Plan - Growth | 30-09-1999 | 4.61 | 5.97 | 6.7 | 6.41 | 7.27 |
Scheme Characteristics
Investment in Money Market instruments having maturity upto 1 year.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Scheme Documents
Fact Sheet for the month of February- 21
Monthly Portfolios (Other than Debt Schemes) for February 2021
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
