• Mutual Funds
  • HSBC Mutual Funds
  • HSBC Money Market Fund (PIDCW-M)

Formerly L&T Money Market Mn IDCW-P

HSBC Mutual Funds

HSBC Money Market Fund (PIDCW-M)

DebtMoney Market

11.5966

NAV (Jun 21)

5.4%
3 Year CAGR
Scripbox Opinion
Not Recommended
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

Poor

The performance of the fund on a Fund Size metric has been Poor

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

Invest in this fund
Scripbox Recommended Money Market Funds
Want the most stable money market funds for your portfolio?Learn more

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

11.5966

NAV (Jun 21)

Fund Returns

Last 1Y
7.1%
Last 3Y
5.4%
Last 5Y
6%
Last 10Y
6.8%
Since Inception
7.1%
6 Month CAGR
3.7%

Scheme Information

Investment Objective

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.

Expense Ratio
0.57
Launched (19y ago)
Aug 10, 2005
AUM in Crores
1419.864
ISIN
INF917K01BB1
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)
1.1
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-1.002
Sharpe Ratio (5yr)
-0.017
YTM
7.56
Fund Managers

Shriram Ramanathan

Fund Manager

Kapil Punjabi

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
HSBC Money Market Fund (PIDCW-M)70%8,40,245 1,07,6335.7%
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 2024-06-21

Top Debt Holdings

india (republic of)

6.8%
6.8%

hdfc bank limited

6.7%
6.7%

axis bank limited

5.1%
5.1%

canara bank

5%
5%

lic housing finance ltd.

5%
5%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 5,001 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

HSBC Asset Management(India)Private Ltd

HSBC Asset Management(India)Private Ltd manages assets worth 120,079 crores and was set up on 12 December 2001. It's current offering of mutual fund schemes includes 50 equity,130 debt and 31 hybrid funds.amc-img
phone-img022-66145000
Fund NameScripbox Opinion
Till Date CAGR

32.2%

23.4%

5.5%

5.9%

28.4%

17.8%

22%

16.4%

4.9%

5.2%

HSBC Money Market Fund (PIDCW-M) Review

HSBC Money Market Fund (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5.9% over a period of 18 years. The fund was previously known as L&T Money Market Mn IDCW-P. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Kapil Punjabi, Shriram Ramanathan.

Nav of HSBC Money Market Fund (PIDCW-M) as of 6/21/2024 is ₹11.60 with the total AUM as of 6/23/2024 is ₹1419.864. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Money Market Fund (PIDCW-M) was launched on Aug 10, 2005. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for HSBC Money Market Fund (PIDCW-M) 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.

HSBC Money Market Fund (PIDCW-M) 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.

HSBC Money Market Fund (PIDCW-M) is rated as a 1 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 HSBC Money Market Fund (PIDCW-M).

Frequently Asked Questions

What is HSBC Money Market Fund (PIDCW-M)?

HSBC Money Market Fund (PIDCW-M) 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 HSBC Money Market Fund (PIDCW-M)?

You can invest in HSBC Money Market Fund (PIDCW-M) 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 HSBC Money Market Fund (PIDCW-M)?

The minimum sip amount for HSBC Money Market Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is HSBC Money Market Fund (PIDCW-M) good to invest in?

As per Scripbox experts, HSBC Money Market Fund (PIDCW-M) is a Not Recommended fund. You can investHSBC Money Market Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the HSBC Money Market Fund (PIDCW-M)?

The expense ratio of the HSBC Money Market Fund (PIDCW-M) is 0.57% for regular plan.