How to Invest in HSBC Money Market Fund Direct Growth?

You can easily invest in HSBC Money Market Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Money Market Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Money Market Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Money Market Fund Direct Growth provide?

The HSBC Money Market Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.41% since its inception.

How much expense ratio is charged by HSBC Money Market Fund Direct Growth?

The term Expense Ratio used for HSBC Money Market Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Money Market Fund Direct Growth is 0.25% as of 27 May 2024...

What is the AUM of HSBC Money Market Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Money Market Fund Direct Growth is ₹1,157.74Cr as of 27 May 2024.

How to Redeem HSBC Money Market Fund Direct Growth?

If you want to sell your HSBC Money Market Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Money Market Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Money Market Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Money Market Fund Direct Growth?

The NAV of HSBC Money Market Fund Direct Growth is ₹25.46 as of 24 May 2024.

What is the PE and PB ratio of HSBC Money Market Fund Direct Growth?

The PE ratio ratio of HSBC Money Market Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Money Market Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HSBC Money Market Fund Direct Growth
Debt
Money Market
Low to Moderate Risk
70%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 May 2024₹25.46
Min. SIP amount₹1,000
Rating3
Fund size₹1,157.74Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%5.7%6.0%7.4%
Category average7.1%5.6%5.7%NA
Rank with in category14138NA
Understand terms
Holdings (20)NameSectorInstrumentAssets
Axis Bank Ltd.
FinancialCD6.49%
National Bank For Agriculture & Rural Development
FinancialCD6.43%
Canara Bank
FinancialCD6.42%
ICICI Bank Ltd.
FinancialCD6.41%
Punjab National Bank
FinancialCD6.40%
Small Industries Devp. Bank of India Ltd.
FinancialCD6.40%
Bank Of Baroda
FinancialCD6.39%
HDFC Bank Ltd.
FinancialCD6.37%
LIC Housing Finance Ltd.
FinancialCP6.36%
Reserve Bank of India
FinancialT-Bills4.42%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
May 2024 - Present
25%
May 2024 - 07 May 2024
25%
May 2024 - 06 May 2024
25%
May 2024 - 03 May 2024
25%
Apr 2024 - 02 May 2024
25%
Apr 2024 - 30 Apr 2024
25%
Apr 2024 - 29 Apr 2024
25%
Apr 2024 - 26 Apr 2024
25%
Apr 2024 - 25 Apr 2024
25%
Apr 2024 - 24 Apr 2024
25%
Apr 2024 - 23 Apr 2024
25%
Apr 2024 - 22 Apr 2024
25%
Apr 2024 - 19 Apr 2024
25%
Apr 2024 - 18 Apr 2024
25%
Apr 2024 - 16 Apr 2024
25%
Apr 2024 - 15 Apr 2024
25%
Apr 2024 - 12 Apr 2024
25%
Apr 2024 - 10 Apr 2024
25%
Apr 2024 - 08 Apr 2024
25%
Apr 2024 - 05 Apr 2024
25%
Apr 2024 - 04 Apr 2024
25%
Apr 2024 - 03 Apr 2024
25%
Mar 2024 - 02 Apr 2024
25%
Mar 2024 - 31 Mar 2024
25%
Mar 2024 - 28 Mar 2024
25%
Mar 2024 - 27 Mar 2024
25%
Mar 2024 - 26 Mar 2024
25%
Mar 2024 - 22 Mar 2024
25%
Mar 2024 - 21 Mar 2024
25%
Mar 2024 - 20 Mar 2024
25%
Mar 2024 - 19 Mar 2024
25%
Mar 2024 - 18 Mar 2024
25%
Mar 2024 - 15 Mar 2024
25%
Mar 2024 - 14 Mar 2024
25%
Mar 2024 - 13 Mar 2024
25%
Mar 2024 - 12 Mar 2024
25%
Mar 2024 - 11 Mar 2024
25%
Mar 2024 - 07 Mar 2024
25%
Mar 2024 - 06 Mar 2024
25%
Mar 2024 - 05 Mar 2024
25%
Mar 2024 - 04 Mar 2024
25%
Feb 2024 - 01 Mar 2024
25%
Feb 2024 - 29 Feb 2024
25%
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25%
Feb 2024 - 27 Feb 2024
25%
Feb 2024 - 26 Feb 2024
25%
Feb 2024 - 23 Feb 2024
25%
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25%
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25%
Feb 2024 - 16 Feb 2024
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25%
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25%
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25%
Feb 2024 - 09 Feb 2024
25%
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25%
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25%
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25%
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25%
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25%
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25%
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25%
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25%
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Dec 2023 - 01 Jan 2024
25%
Dec 2023 - 31 Dec 2023
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Dec 2023 - 18 Dec 2023
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Dec 2023 - 15 Dec 2023
25%
Dec 2023 - 14 Dec 2023
25%
Dec 2023 - 13 Dec 2023
25%
Dec 2023 - 12 Dec 2023
25%
Dec 2023 - 11 Dec 2023
25%
Dec 2023 - 08 Dec 2023
25%
Dec 2023 - 07 Dec 2023
25%
Dec 2023 - 06 Dec 2023
25%
Dec 2023 - 05 Dec 2023
25%
Dec 2023 - 04 Dec 2023
25%
Nov 2023 - 01 Dec 2023
25%
Nov 2023 - 30 Nov 2023
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Nov 2023 - 24 Nov 2023
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Nov 2023 - 03 Nov 2023
25%
Nov 2023 - 02 Nov 2023
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Oct 2023 - 01 Nov 2023
25%
Oct 2023 - 31 Oct 2023
25%
Oct 2023 - 30 Oct 2023
25%
Oct 2023 - 27 Oct 2023
25%
Oct 2023 - 26 Oct 2023
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Oct 2023 - 25 Oct 2023
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Oct 2023 - 23 Oct 2023
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Oct 2023 - 20 Oct 2023
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Oct 2023 - 19 Oct 2023
25%
Oct 2023 - 18 Oct 2023
25%
Oct 2023 - 17 Oct 2023
25%
Oct 2023 - 16 Oct 2023
25%
Oct 2023 - 13 Oct 2023
25%
Oct 2023 - 12 Oct 2023
25%
Oct 2023 - 11 Oct 2023
25%
Oct 2023 - 10 Oct 2023
25%
Oct 2023 - 09 Oct 2023
25%
Oct 2023 - 06 Oct 2023
25%
Oct 2023 - 05 Oct 2023
25%
Oct 2023 - 04 Oct 2023
25%
Sep 2023 - 03 Oct 2023
25%
Sep 2023 - 30 Sep 2023
25%
Sep 2023 - 29 Sep 2023
25%
Sep 2023 - 27 Sep 2023
25%
Sep 2023 - 26 Sep 2023
25%
Sep 2023 - 25 Sep 2023
25%
Sep 2023 - 22 Sep 2023
25%
Sep 2023 - 21 Sep 2023
25%
Sep 2023 - 20 Sep 2023
25%
Sep 2023 - 18 Sep 2023
25%
Sep 2023 - 15 Sep 2023
25%
Sep 2023 - 14 Sep 2023
25%
Sep 2023 - 13 Sep 2023
25%
Sep 2023 - 12 Sep 2023
25%
Sep 2023 - 11 Sep 2023
25%
Sep 2023 - 08 Sep 2023
25%
Sep 2023 - 07 Sep 2023
25%
Sep 2023 - 06 Sep 2023
25%
Sep 2023 - 05 Sep 2023
25%
Sep 2023 - 04 Sep 2023
25%
Aug 2023 - 01 Sep 2023
25%
Jul 2023 - 31 Aug 2023
25%
Jun 2023 - 31 Jul 2023
25%
May 2023 - 30 Jun 2023
25%
Apr 2023 - 31 May 2023
25%
Mar 2023 - 30 Apr 2023
25%
Feb 2023 - 31 Mar 2023
25%
Jan 2023 - 28 Feb 2023
25%
Dec 2022 - 31 Jan 2023
25%
Dec 2022 - 31 Dec 2022
25%
Nov 2022 - 31 Dec 2022
25%
Nov 2022 - 30 Nov 2022
25%
Nov 2022 - 30 Nov 2022
25%
Oct 2022 - 30 Nov 2022
25%
Oct 2022 - 31 Oct 2022
25%
Sep 2022 - 31 Oct 2022
22%
Aug 2022 - 30 Sep 2022
22%
Jul 2022 - 31 Aug 2022
22%
Jun 2022 - 31 Jul 2022
24%
May 2022 - 30 Jun 2022
24%
Apr 2022 - 31 May 2022
24%
Mar 2022 - 30 Apr 2022
24%
Feb 2022 - 31 Mar 2022
24%
Jan 2022 - 28 Feb 2022
24%
Dec 2021 - 31 Jan 2022
24%
Expense ratio, exit load and taxExpense ratio: 0.25%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementShriram Ramanathan
Mar 2020 - Present
View details
Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct Growth
HSBC Liquid Fund Direct Growth
HSBC Medium to Long Duration Fund Direct Growth
L&T FMP Series XVI Plan A (1223 Days) Direct Growth
L&T FMP Series XVIII Plan C (1178 Days) Direct Growth
Kapil Punjabi
Nov 2022 - Present
View details
Education
Mr. Kapil Punjabi is MMS from Mumbai University.
Experience
Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.
Also manages these schemes
HSBC Liquid Fund Direct Growth
HSBC Flexi Debt Fund Direct Growth
HSBC Medium to Long Duration Fund Direct Growth
HSBC Short Duration(Ex) Fund Direct Growth
HSBC Low Duration Fund(Ex) Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth
HSBC Global Consumer Opportunities Fund Direct Growth
HSBC Fixed Term Series 134 Direct Growth
HSBC Equity Hybrid Fund Direct Growth
HSBC Overnight Fund Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
HSBC Global Equity Climate Change FoF Direct Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Corporate Bond Direct Growth
HSBC Credit Risk Fund Direct Growth
HSBC Money Market Fund Direct Growth
HSBC Equity Savings Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
HSBC Medium Duration Fund Direct Growth
HSBC Multi Cap Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹1,14,583.89Cr
Date of Incorporation27 May 2002
 HSBC Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Mahesh A Chhabria is the Current Fund Manager of HSBC Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,14,584 Cr and the Latest NAV as of 24 May 2024 is ₹25.46.
The HSBC Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seek to generate regular income through investment in a portfolio comprising substantially of money market instruments.
;
Fund benchmarkNIFTY Money Market Index A-I
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
May 2002
E-mail
NA
Website
www.assetmanagement.hsbc.co.in
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Money Market Fund Direct Growth
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	7.4%	5.7%	6.0%	7.4%
Category average	7.1%	5.6%	5.7%	NA
Rank with in category	14	13	8	NA

Name	Sector	Instrument	Assets
Axis Bank Ltd.	Financial	CD	6.49%
National Bank For Agriculture & Rural Development	Financial	CD	6.43%
Canara Bank	Financial	CD	6.42%
ICICI Bank Ltd.	Financial	CD	6.41%
Punjab National Bank	Financial	CD	6.40%
Small Industries Devp. Bank of India Ltd.	Financial	CD	6.40%
Bank Of Baroda	Financial	CD	6.39%
HDFC Bank Ltd.	Financial	CD	6.37%
LIC Housing Finance Ltd.	Financial	CP	6.36%
Reserve Bank of India	Financial	T-Bills	4.42%

Rank (total assets)	#21 in India
Total AUM	₹1,14,583.89Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Money Market Index A-I

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹1,157.74Cr

HSBC Money Market Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (20)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.25%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Shriram RamanathanMar 2020 - PresentView details

Kapil PunjabiNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Shriram Ramanathan
Mar 2020 - Present
View details

Kapil Punjabi
Nov 2022 - Present
View details