- Mutual Funds
- HSBC Mutual Fund
- HSBC Money Market Fund Direct Growth
HSBC Money Market Fund Direct Plan Growth
₹ 27.38
NAV (Apr 30)
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.
Scheme Information
The scheme seek to generate regular income through investment in a portfolio comprising substantially of money market instruments.
Expense Ratio | 0.19 % |
Launched 12Y ago | 2013-01-01 |
AUM in Crores | 2536.2 |
ISIN | INF917K01FE6 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Money Market Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.5 |
Beta | 1.1 |
Sharpe Ratio | 0.8 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
Small Industries Devp. Bank of India Ltd.
6.95%Punjab National Bank
5.51%Reserve Bank of India
4.16%Canara Bank
4.14%National Bank For Agriculture & Rural Development
4.14%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 9,086 cr | ||
₹ 14,724 cr | ||
₹ 42,292 cr | ||
₹ 13,733 cr |
