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HSBC Money Market Fund Direct Plan Daily Reinvestment of Income Distribution cum Cap Wrdl

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previously known as L&T Money Market Dir Dl IDCW-R until

10.859 (0.003%)
NAV on April 25, 2024
Category Fixed income:
Money Market
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,100 cr
Turnover Ratio 311.91%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: 0.78%
  • 1Y: 7.38%
  • 3M: 1.97%
  • 3Y: 5.43%
  • 6M: 3.77%
  • 5Y: 5.27%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Kapil Punjabi (Since over 1 year) Shriram Ramanathan (Since about 4 years)
ISIN INF917K01FD8
Fund Family L&T Finance
Launch Date January 01, 2013
Benchmark Nifty Money Market TR INR
Avg. Maturity 0.68 years
Yield To Maturity (%) 7.68%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Nifty Money Market TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.320
Sharpe -0.250
Std Dev 0.637
Risk Average
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet
Top Money Market Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Tata
Tata Money Market Fund Direct Plan Growth
4391.463 7.81% 17,990 cr 0.15% Average
Birla new
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
342.640 7.72% 21,074 cr 0.21% Average
Reliance
Nippon India Money Market Fund Direct Plan Growth Option
3842.128 7.68% 13,817 cr 0.24% Below Average
Uti
UTI Money Market Fund - Direct Plan - Growth Option
2852.729 7.64% 13,165 cr 0.19% Below Average
Hdfc
HDFC Money Market Direct Plan Growth Option
5328.738 7.62% 20,142 cr 0.23% Below Average
Sbi
SBI Savings Fund Direct Plan Growth
40.661 7.59% 21,273 cr 0.25% Average
Franklin
Franklin India Money Market Fund Direct Growth
47.358 7.58% 1,446 cr 0.13% Average


Other plans of HSBC Money Market


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