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HSBC Money Market Fund(M-IDCW)

IDCW
DebtMoney Market Fund
Mid-size FundAssets Under Mgmt: ₹ 2,653 Cr
Moderately Low RiskPrinciple investment will be at moderately low risk
12.240.02% (+0.00)

Price Chart

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Returns
0.00%
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SIP
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DebtMoney Market Fund
Mid-size FundAssets Under Mgmt: ₹ 2,653 Cr
Moderately Low RiskPrinciple investment will be at moderately low risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.207.3111.12
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.327.3210.53

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
IDCW0 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
BenchmarkBenchmark
Nifty Money Market Index

About Money Market Fund

Money market funds are debt funds. They invest in short-term sebt securities such as treasury bills and commercial papers. They generally maintain high levels of liquidity.

Peers & Comparison

Comparing 3 mutual funds from 
DebtMoney Market Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
HSBC Money Market Fund(M-IDCW)0.05%0.42%0.89%
Kotak Money Market Fund(M-IDCW Payout)4.60%4.66%1.42%
SBI Savings Fund(W-IDCW Payout)6.26%6.16%2.29%
ICICI Pru Money Market Fund(IDCW-Payout)7.81%5.27%4.91%

Price Comparison

Compare HSBC Money Market Fund(M-IDCW) with any MF, ETF, stock or index
Compare HSBC Money Market Fund(M-IDCW) with any MF, ETF, stock or index
HSBC Money Market Fund(M-IDCW)
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Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Nov 2024

ACTUAL
Cash & EquivalentsTreasury BillsCommercial PaperCertificate of Deposit0.18%6.29%9.24%29.45%54.84%

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Distribution

+5 moreHome FinancingSpecialized FinanceG-SecPrivate BanksPublic Banks16.54 %7.39 %8.28 %9.24 %19.17 %39.38 %

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Nov 2442.87%39.58%40.54%29.60%37.35%39.38%
Public Banks as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • Union Bank of India**
    IND A1+
    3M change : 1.54 %|IND A1+

    Holdings

    3.69 %

    1.54 %
  • Kotak Mahindra Bank Limited**
    CRISIL A1+
    3M change : -0.60 %|CRISIL A1+

    Holdings

    3.66 %

    -0.60 %
  • 182 DAYS T-BILL 29MAY25
    SOVEREIGN
    3M change : 3.65 %|SOVEREIGN

    Holdings

    3.65 %

    3.65 %

AMC Profile

HSBC Global Asset Management (India) Private Limited is one of the leading AMCs in the investment market of the country. It serves more than 1 million customers through its 1000 plus offices spread all over India. It operates with a total corpus of Rs. 11553.0387 Crore as of 2019

  • No.of Schemes

    44

  • Total AUM

    ₹ 1,29,858.82 Cr.

Fund Manager Profile

Kapil Punjabi

AUM:  ₹47,150.92 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 6yrs

Shriram Ramanathan

AUM:  ₹39,497.70 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 14yrs

Manager Performance (0)

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Tax Implications

Invested period < 2 years

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments from 1st April 2023)

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments before 1st April 2023)

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
Annual Income
As per the tax implications, in some cases, tax on MF returns depends on your annual income slab

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