( NAV change from the previous, NAV as on )
Return Since Launch
NA
Launch Date
1999-11-18 05:30:00.0
AUM
NA
(as on date NA)
Benchmark
CRISIL Liquid Fund Index
Fund Manager
Anil Bamboli
Risk: Moderately Low
HDFC Money Market Fund is an open-ended debt scheme under duration based debt category. Earlier HDFC Money Market Fund was named HDFC Cash Mgmt Savings. The investment objective of HDFC Money Market Fund is to generate capital by primarily investing in money market securities with a maturity not more than 1 year. HDFC Money Market Fund portfolio includes money market instruments like- Government securities, Treasury bill which has low-interest rate risk. You can invest either in HDFC Money Market Fund growth scheme or HDFC Money Market Fund dividend plan. HDFC Money Market Fund expense ratio is quite low which does not hurt your pocket. If you see HDFC Money Market Fund performance table for the last 2 years, this fund has outperformed the benchmark index. Depending on HDFC Money Market Fund NAV details, you get to know how the fund is performing in the stock market.
KYC Documents-