HSBC Money Market Fund - Direct (IDCW-D)


Money Market Fund
  • NAV 10.86 (0%)
  • Fund Size (Cr) ₹1157.74
  • Expense Ratio 0.25
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 7.37%

Basic Details

Scheme Manager
Shriram Ramanathan
Bench Mark
NIFTY Money Market Index A-I
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 17-May-24
  • 10010.69
  • 0.11%
  • -
  • 0.12%
  • 157/188
  • 1 Month
  • 24-Apr-24
  • 10052.58
  • 0.53%
  • -
  • 0.52%
  • 123/188
  • 3 Month
  • 23-Feb-24
  • 10194.37
  • 1.94%
  • -
  • 2.99%
  • 83/186
  • 6 Month
  • 24-Nov-23
  • 10382.54
  • 3.83%
  • -
  • 4.76%
  • 74/185
  • 1 Year
  • 24-May-23
  • 10739.71
  • 7.40%
  • 7.40%
  • 8.37%
  • 77/175
  • 3 Year
  • 24-May-21
  • 11784.23
  • 17.84%
  • 5.63%
  • 5.91%
  • 102/158
  • 5 Year
  • 24-May-19
  • 13366.08
  • 33.66%
  • 5.97%
  • 5.95%
  • 55/135
  • Since Inception
  • 02-Jan-13
  • 22495.21
  • 124.95%
  • 7.37%
  • 6.30%
  • 22/188

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jun-23
  • 120000
  • 270120
  • 125.1%
  • 125.1%
  • 3 Year
  • 01-Jun-21
  • 360000
  • 810367.05
  • 125.10%
  • 31.06%
  • 5 Year
  • 03-Jun-19
  • 600000
  • 1350663.31
  • 125.11%
  • 17.62%
  • 10 Year
  • 02-Jun-14
  • 1200000
  • 2701263.31
  • 125.11%
  • 8.45%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    0.17%
  • Beta
    0.01%
  • Sharpe Ratio
    -2.31%
  • Treynor’s Ratio
    0%
  • Jension’s Alpha
    -1.47%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-182D
  • 3.43%
  • 5000000
  • 48.36
  • T Bills
  • T Bills
  • TBILL-182D
  • 3.42%
  • 5000000
  • 48.30
  • T Bills
  • T Bills
  • TBILL-364D
  • 3.38%
  • 5000000
  • 47.68
  • T Bills
  • T Bills
  • TREPS
  • 6.34%
  • 0
  • 89.39
  • Reverse Repo
  • Debt Others
  • LIC Housing Fin.
  • 5.01%
  • 1500
  • 70.70
  • Commercial Paper
  • Debt Others
  • Natl. Hous. Bank
  • 3.47%
  • 1000
  • 48.97
  • Commercial Paper
  • Debt Others
  • Panatone Finvest
  • 3.36%
  • 1000
  • 47.44
  • Commercial Paper
  • Debt Others
  • ICICI Securities
  • 3.34%
  • 1000
  • 47.05
  • Commercial Paper
  • Debt Others
  • Tata Motors Fina
  • 3.32%
  • 1000
  • 46.86
  • Commercial Paper
  • Debt Others
  • Bharti Telecom
  • 3.32%
  • 1000
  • 46.90
  • Commercial Paper
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • HSBC Money Market Fund - Direct (IDCW-D)
  • Stars
  • 1157.74
  • 0.53%
  • 1.94%
  • 3.83%
  • 7.40%
  • 5.63%
  • ICICI Pru Money Market Fund - Direct (IDCW-D)
  • Stars
  • 21861.14
  • 0.52%
  • 103.89%
  • 107.68%
  • 115.04%
  • 33.45%
  • Bandhan Money Manager Fund - Direct (IDCW-D)
  • Stars
  • 4531.17
  • 0.52%
  • 1.94%
  • 3.81%
  • 9.31%
  • 6.42%
  • Aditya Birla SL Money Manager Fund - Dir (IDCW-W)
  • Stars
  • 22895.14
  • 0.44%
  • 2.63%
  • 5.37%
  • 8.88%
  • 6.82%
  • UTI-Money Market Fund - Direct (IDCW-W)
  • Stars
  • 14041.42
  • 0.57%
  • 1.99%
  • 4.51%
  • 8.26%
  • 6.27%
  • Franklin India Money Market Fund - Direct (IDCW-M)
  • Stars
  • 1511.5
  • 0.57%
  • 1.97%
  • 4.43%
  • 8.01%
  • 5.96%

News

  • HSBC MF Announces Income Distribution cum Capital Withdrawal (IDCW) under three schemes HSBC Mutual Fund has announced 27 May 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of distribution (Rs per unit) on the face value of Rs 10 per unit will be:

    HSBC Aggressive Hybrid Fund ? Regular Plan - IDCW Option : 0.210

    HSBC Aggressive Hybrid Fund - Direct Plan - IDCW Option : 0.240

    HSBC Balanced Advantage Fund ? Regular Plan - IDCW Option : 0.125

    HSBC Balanced Advantage Fund - Direct Plan - IDCW Option : 0.145

    HSBC Small Cap Fund ? Regular Plan - IDCW Option : 4.000

    HSBC Small Cap Fund - Direct Plan - IDCW Option : 4.000

    Powered by Capital Market - Live News

  • HSBC MF Announces change in fund managers under its schemes HSBC Mutual Fund has announced change in fund managers under the following schemes, With effect from 01 May 2024

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Manager(s) Revised Fund Manager(s)
    HSBC Ultra Short Duration Fund ? Mr. Mahesh Chhabria & Mr. Jalpan Shah (For Fixed Income) ? Mr. Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)
    HSBC Short Duration Fund ? Mr. Jalpan Shah & Mr. Mohd. Asif Rizwi (For Fixed Income) ? Mr. Shriram Ramanathan & Mr. Mohd. Asif Rizwi (For Fixed Income)
    HSBC Gilt Fund ? Mr. Jalpan Shah & Mr. Shriram Ramanathan (For Fixed Income) ? Mr. Shriram Ramanathan & Mr. Mohd Asif Rizwi (For Fixed Income)
    HSBC Dynamic Bond Fund ? Mr. Jalpan Shah & Mr. Shriram Ramanathan (For Fixed Income) ? Mr. Mahesh Chhabria & Mr. Shriram Ramanathan (For Fixed Income)
    HSBC Banking and PSU Debt Fund ? Mr. Mahesh Chhabria & Mr. Jalpan Shah (For Fixed Income) ? Mr. Mahesh Chhabria & Mr. Mohd. Asif Rizwi (For Fixed Income)
    HSBC Corporate Bond Fund ? Mr. Jalpan Shah & Mr. Shriram Ramanathan (For Fixed Income) ? Mr. Kapil Punjabi & Mr. Shriram Ramanathan (For Fixed Income)
    HSBC Aggressive Hybrid Fund ? Ms. Cheenu Gupta & Mr. Gautam Bhupal (For Equity),
    ? Mr. Shriram Ramanathan (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investments)
    ? Ms. Cheenu Gupta & Mr. Gautam Bhupal (For Equity),
    ? Mr. Shriram Ramanathan & Mr. Mohd. Asif Rizwi (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investments)
    HSBC Conservative Hybrid Fund ? Mr. Mahesh Chhabria (For Fixed Income)
    ? Ms. Cheenu Gupta & Mr. Abhishek Gupta (For Equity)
    ? Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)
    ? Ms. Cheenu Gupta & Mr. Abhishek Gupta (For Equity)
    HSBC Balanced Advantage Fund ? Mr. Neelotpal Sahai & Mr. Gautam Bhupal (For Equity),
    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion),
    ? Mr. Mahesh Chhabria (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investments)
    ? Mr. Neelotpal Sahai & Mr. Gautam Bhupal (For Equity),
    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion),
    ? Mr. Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investments)
    HSBC Equity Savings Fund ? Ms. Cheenu Gupta & Abhishek Gupta (For Equity)
    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion)
    ? Mr. Mahesh Chhabria (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investment)
    ? Ms. Cheenu Gupta & Abhishek Gupta (For Equity)
    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion)
    ? Mr. Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)
    ? Mr. Sonal Gupta (For Overseas Investment)
    HSBC Multi Asset Allocation Fund ? Cheenu Gupta (For Equity)
    ? Mahesh Chhabria (For Fixed Income)
    ? Dipan Parikh (For Gold / Silver ETFs)
    ? Mr. Sonal Gupta (For Overseas Investment)
    ? Cheenu Gupta (For Equity)
    ? Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)
    ? Dipan Parikh (For Gold / Silver ETFs)
    ? Mr. Sonal Gupta (For Overseas Investment)
    HSBC Arbitrage Fund ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion)
    ? Mr. Mahesh Chhabria (For Fixed Income)
    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (For Arbitrage portion)
    ? Mr. Mahesh Chhabria & Mr. Kapil Punjabi (For Fixed Income)

    Powered by Capital Market - Live News

  • HSBC MF Announces change in fund managers under its schemes HSBC Mutual Fund has announced change in fund managers under the following schemes, with effect from 01 April 2024.

    Change in Fund Management Responsibilities:

    Name of the Scheme Existing Fund Managers Revised Fund Managers
    HSBC Multi Cap Fund ? Mr. Venugopal Manghat & Mr. Neelotpal Sahai (Equity),

    ? Mr. Kapil Lal Punjabi (Fixed Income) &

    ? Mr. Sonal Gupta (Overseas Investments)

    ? Mr. Venugopal Manghat & Mr. Gautam Bhupal (Equity),

    ? Mr. Kapil Lal Punjabi (Fixed Income)

    ? Mr. Sonal Gupta (Overseas Investments)

    HSBC Flexi Cap Fund ? Mr. Abhishek Gupta & Mr. Neelotpal Sahai (Equity) ? Mr. Abhishek Gupta & Mr. Venugopal Manghat (Equity)
    HSBC Managed Solutions India - Growth ? Mr. Gautam Bhupal & Mr. Neelotpal Sahai (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    ? Mr. Gautam Bhupal & Ms. Cheenu Gupta (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    HSBC Managed Solutions India - Moderate ? Mr. Gautam Bhupal & Mr. Neelotpal Sahai (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    ? Mr. Gautam Bhupal & Ms. Cheenu Gupta (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    HSBC Managed Solution India - Conservative ? Mr. Gautam Bhupal & Mr. Neelotpal Sahai (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    ? Mr. Gautam Bhupal & Ms. Cheenu Gupta (Equity)

    ? Mr. Sonal Gupta (Overseas Investment)

    HSBC Conservative Hybrid Fund ? Mr. Mahesh Chhabria (Debt) & Ms. Cheenu Gupta (Equity) ? Mr. Mahesh Chhabria (Fixed Income)

    ? Ms. Cheenu Gupta & Mr. Abhishek Gupta (Equity)

    HSBC Equity Savings Fund ? Ms. Cheenu Gupta & Mr. Neelotpal Sahai (Equity) &

    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (Arbitrage portion)

    ? Mr. Mahesh Chhabria (Fixed Income) &

    ? Mr. Sonal Gupta (Overseas Investment)

    ? Ms. Cheenu Gupta & Abhishek Gupta (Equity)

    ? Mr. Praveen Ayathan & Mr. Hitesh Gondhia (Arbitrage portion)

    ? Mr. Mahesh Chhabria (Fixed Income) &

    ? Mr. Sonal Gupta (Overseas Investment)

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 01-Jan-2013
  • Total AUM (Cr) ₹1410.75

HSBC Money Market Fund - Direct (IDCW-D) is an Money Market Fund-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in Jan 2013, this fund is managed by Shriram Ramanathan. With assets under management (AUM) worth ₹1410.75 (Cr), as of 27-May-2024, HSBC Money Market Fund - Direct (IDCW-D) is categorized as a Money Market Fund within its segment. The fund has generated a return of 7.37% since its launch.
The current NAV of HSBC Money Market Fund - Direct (IDCW-D) is ₹10.86, as on 27-May-2024. The fund’s benchmark index is NIFTY Money Market Index A-I. You can invest in HSBC Money Market Fund - Direct (IDCW-D) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.63% and 5.97% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 102.29% in Debt and -2.28% in cash and cash equivalents

FAQs on HSBC Money Market Fund - Direct (IDCW-D)

HSBC Money Market Fund - Direct (IDCW-D) is a popular fund in the Money Market Fund segment. The fund has generated a return of 7.37% since inception. Looking to invest in HSBC Money Market Fund - Direct (IDCW-D)? How about earning 1% extra return? All this is possible with m.Stock! Investing in HSBC Money Market Fund - Direct (IDCW-D) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, HSBC Money Market Fund - Direct (IDCW-D)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in HSBC Money Market Fund - Direct (IDCW-D) today and reap the benefits of this Money Market Fund fund!

In the short term, i.e., 1 year, HSBC Money Market Fund - Direct (IDCW-D) has generated annualised return of 7.40%. In the long-term, the fund has generated 5.63% and 5.97% in 3 and 5 years respectively. Since its inception, the fund has generated 7.37% returns.

The expense ratio of HSBC Money Market Fund - Direct (IDCW-D) Direct Growth is 0.25%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of HSBC Money Market Fund - Direct (IDCW-D) is ₹1410.75 (Cr) as of 27 May 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of HSBC Money Market Fund - Direct (IDCW-D) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from HSBC Money Market Fund - Direct (IDCW-D):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case HSBC Money Market Fund - Direct (IDCW-D)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in HSBC Money Market Fund - Direct (IDCW-D). Minimum lumpsum investment HSBC Money Market Fund - Direct (IDCW-D) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of HSBC Money Market Fund - Direct (IDCW-D) is ₹10.86 as on 27 May 2024.

The 5 biggest stock holdings of HSBC Money Market Fund - Direct (IDCW-D) are:
TBILL-182D (3.43%), TBILL-182D (3.42%), TBILL-364D (3.38%), TREPS (6.34%), LIC Housing Fin. (5.01%)

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