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  • HDFC Money Market Opt fund (RIDCW-D)

Formerly HDFC Money Market Dl DR

HDFC Mutual Funds

HDFC Money Market Opt fund (RIDCW-D)

DebtMoney Market

1063.64

NAV (Jun 14)

5.6%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

Money market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Invest in this fund
Scripbox Recommended Money Market Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1063.64

NAV (Jun 14)

Fund Returns

Last 1Y
7.4%
Last 3Y
5.9%
Last 5Y
6%
Last 10Y
6.8%
Since Inception
7.2%
6 Month CAGR
3.9%

Scheme Information

Investment Objective

To generate income / capital appreciation by investing in money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Expense Ratio
0.39
Launched (23y ago)
Dec 30, 2001
AUM in Crores
22329.823
ISIN
INF179KB1IG6
Lock-in
No Lock-in
Benchmark
Nifty Money Market TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.084
Sharpe Ratio (5yr)
0.69
YTM
7.60491
Fund Managers

Dhruv Muchhal

Fund Manager

Vikash Agarwal

Fund Manager

Anil Bamboli

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
HDFC Money Market Opt fund (RIDCW-D)70%8,38,183 1,05,5715.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-14

Top Debt Holdings

treps - tri-party repo

2.9%
2.9%

bank of baroda

2.8%
2.8%

bank of baroda

2.7%
2.7%

panatone finvest ltd

2.3%
2.3%

lic housing finance ltd.

2.3%
2.3%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

HDFC Asset Management Company Limited

HDFC Asset Management Co Ltd manages assets worth 701,117 crores and was set up on 3 July 2000. It's current offering of mutual fund schemes includes 62 equity,190 debt and 30 hybrid funds.amc-img
phone-img1800 3010 6767/ 1800 419 7676 (Toll-free)
Fund NameScripbox Opinion
Till Date CAGR

25.4%

13.3%

12.7%

6.4%

6%

7.8%

5.3%

5.9%

6.4%

6%

HDFC Money Market Opt fund (RIDCW-D) Review

HDFC Money Market Opt fund (RIDCW-D) is a Money Market Debt fund and has delivered an annualised return of 5.5% over a period of 22 years. The fund was previously known as HDFC Money Market Dl DR. The fund is managed by HDFC Asset Management Co Ltd. The fund managers are Anil Bamboli, Dhruv Muchhal, Vikash Agarwal.

Nav of HDFC Money Market Opt fund (RIDCW-D) as of 6/14/2024 is ₹1063.64 with the total AUM as of 6/16/2024 is ₹22329.823. With Scripbox you can compare and check the latest nav for all mutual funds in India. HDFC Money Market Opt fund (RIDCW-D) was launched on Dec 30, 2001. The category risk of the fund is Moderate Risk.

The minimum SIP amount for HDFC Money Market Opt fund (RIDCW-D) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

HDFC Money Market Opt fund (RIDCW-D) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.

HDFC Money Market Opt fund (RIDCW-D) is rated as a 3 fund in Debt and delivered 7.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HDFC Money Market Opt fund (RIDCW-D).

Frequently Asked Questions

What is HDFC Money Market Opt fund (RIDCW-D)?

HDFC Money Market Opt fund (RIDCW-D) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in HDFC Money Market Opt fund (RIDCW-D)?

You can invest in HDFC Money Market Opt fund (RIDCW-D) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of HDFC Money Market Opt fund (RIDCW-D)?

The minimum sip amount for HDFC Money Market Opt fund (RIDCW-D) is ₹1000. You can invest in multiples of ₹5000.

Is HDFC Money Market Opt fund (RIDCW-D) good to invest in?

As per Scripbox experts, HDFC Money Market Opt fund (RIDCW-D) is a Neutral fund. You can investHDFC Money Market Opt fund (RIDCW-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the HDFC Money Market Opt fund (RIDCW-D)?

The expense ratio of the HDFC Money Market Opt fund (RIDCW-D) is 0.39% for regular plan.