HDFC Money Market Fund - Growth Option HDFC Money Market Fund - Growth Option

HDFC Money Market Fund - Investment Information

  • ₹5321.24 (0.9352%)

    Current NAV 16-07-2024

  • 7.43%

    1Y Returns

  • Min. SIP ₹100

    Min. Investment ₹100

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Investment Objective

The scheme is aimed at meeting investors' short to medium term investment requirements. The Scheme provides for investments in money market and corporate debt instruments. The savings plan is suitable for institutional investors and corporate treasurer who have short-term savings/investment horizon and would seek liquidity of their investment at short notice with adequate safety of capital. Under this plan, investors can expect regular dividend distribution out of income earned.

Basic Details

Key Information About Investing Details.

  • CategoryMoney Market
  • KRACAMS
  • Inv. PlanGrowth
  • Launched In05-Nov-99
  • BenchmarkNIFTY Money Market Index B-I
  • Fund TypeOpen Ended
  • Fund HouseHDFC Mutual Fund

Investment Details

Check the Fund’s General Information

  • Fund size16092.35 Cr.
  • Min. Investment₹ 100
  • Min. Sip Inv.₹ 100
  • Min. Addl Inv.₹ 100
  • Expense Ratio0.41%
  • Turn over9.03%
  • Exit LoadNil

Fund Managers

Details of Managers and their Experience

Vikash Agarwal-manager-image
Vikash Agarwal

Fund Manage : 11

Total AUM. : ₹47,980 Cr.

Dhruv Muchhal-manager-image
Dhruv Muchhal

Fund Manage : 40

Total AUM. : ₹520,687 Cr.

AMC Office Information

Registered Office of Mutual Fund Company

  • AMCHDFC Mutual Fund
  • Emailhello@hdfcfund.com
  • Office No 022-6631 6333
  • Websitehttps://www.hdfcfund.com
  • Address“HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
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Frequently Asked Questions

What is a mutual fund?

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

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