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3 Year return

5.71%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on January 2013 (12 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹36,000
Gain
  • 9.32%
  • ₹3,355
  • Total Value
  • ₹39,355

Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹1157.74 Cr.

Expense Ratio

0.25% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2

Ratings by other agencies

2
3
4

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings
₹1157.74Crores
Other Holdings% of Asset
Bank of Baroda6.11 %
HDFC Bank6.09 %
LIC Housing Fin.6.08 %
TREPS4.2 %
ICICI Bank4.09 %
Panatone Finvest4.09 %
Federal Bank4.08 %
Union Bank (I)4.06 %
IndusInd Bank4.06 %
Indian Bank4.05 %
ICICI Securities4.05 %
Tata Motors Fina4.04 %
Bharti Telecom4.04 %
TBILL-182D2.12 %
Bajaj Housing2.05 %
Kotak Mah. Bank2.05 %
Kotak Mahindra P2.03 %
Canara Bank2.02 %
CDMDF (Class A2)0.26 %
Net CA & Others-2.37 %

HSBC Mutual Fund Managers

JS

Jalpan Shah

Fund Manager since May 2016

View Details

Fund House Details

HSBC Mutual Fund

HSBC Mutual Fund Asset management company

AUM ₹109,951.37 Cr.
No. of Schemes 164
Setup Date May 2002

Peer Comparison

Comparison with other similar funds

Schemes by HSBC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct IDCW Payout

15.84%
15.84%
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct Growth

15.83%
15.83%

About HSBC Money Market Fund Direct Growth

The HSBC Money Market Fund Direct Growth is a money market fund managed by HSBC Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Money market funds invest in short-term debt securities, such as treasury bills and commercial paper. These securities have a low risk of default and offer a low return. The HSBC Money Market Fund Direct Growth invests in a diversified portfolio of money market instruments. The fund aims to generate income by investing in these securities.

Investment Objectives of the Scheme

The investment objective of the HSBC Money Market Fund Direct Growth is to generate income by investing in a diversified portfolio of money market instruments. The fund will invest at least 99% of its assets in money market instruments.

Key Features of The Fund

5-year return 6.02%
Expense Ratio 0.25%
Fund Manager Jalpan Shah
Fund Size ₹1157.74 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

The HSBC Money Market Fund Direct Growth is a good option for investors who are looking for preservation of capital and regular income. The fund offers a very low risk of capital loss and can provide a steady stream of income. However, the fund does not offer the potential for high returns. The fund's investment objective is to generate income, not capital appreciation.

AMC Contact Details

Name HSBC Mutual Fund
Launch Date May 2002
Addresss HSBC Asset Management (India) Pvt. Ltd. 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063.
Contact 1800-200-2434 / 1800 4190 200
Email investor.line@mutualfunds.hsbc.co.in
Website https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of HSBC Money Market Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HSBC Money Market Fund on May 29 2024, is ₹25.4858