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HSBC Money Market Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Money Market Fund
Fund House : L&T Mutual Fund
  • NAV
    : ₹ 22.886 0.02%
    (as on 30th November, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderate

The fund has 97.98% investment in Debt, of which 31.61% in Government securities, 66.37% is in Low Risk securities.

Suitable For : Investors who want to invest for very short term and are looking for alternative to bank accounts/deposits.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 29th November, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 22-Nov-22 10014.10 0.14% - 0.14% 4/22
1 Month 28-Oct-22 10060.60 0.61% - 0.64% 17/22
3 Month 29-Aug-22 10138.20 1.38% - 1.40% 15/22
6 Month 27-May-22 10270.10 2.70% - 2.74% 16/20
YTD 31-Dec-21 10392.70 3.93% - 4.14% 16/20
1 Year 29-Nov-21 10425.50 4.25% 4.26% 4.46% 16/20
2 Year 27-Nov-20 10774.60 7.75% 3.79% 4.08% 17/18
3 Year 29-Nov-19 11420.20 14.20% 4.52% 4.78% 15/17
5 Year 29-Nov-17 13407.30 34.07% 6.04% 6.02% 10/14
Since Inception 01-Jan-13 20377.80 103.78% 7.44% 6.04% 3/22

SIP Returns (NAV as on 29th November, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 29-Nov-21 12000 12305.49 2.55 % 4.73 %
2 Year 27-Nov-20 24000 25048.77 4.37 % 4.16 %
3 Year 29-Nov-19 36000 38360.06 6.56 % 4.16 %
5 Year 29-Nov-17 60000 68377.59 13.96 % 5.16 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 31st Oct,2022)

No of Debt Holding 19 (Category Avg - 43.23) | Modified Duration 0.30 Years (Category Avg - 0.34)| Yield to Maturity 6.87% (Category Avg - 6.94%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 0.00% 3.34%
CD 51.54% 40.53%
T-Bills 31.61% 22.60%
CP 14.83% 29.95%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 31.61% 25.94%
Low Risk 66.37% 70.47%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 9.70%
Net Receivables Net Receivables -7.68%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st October, 2022)

  • Standard Deviation

    Low volatility
    0.86vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    -2.69vs-2.36
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    -4.66vs-0.81
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.36vs0.95
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Nippon India Money Market Fund - Direct Plan - Growth 5 9486.73 0.66 1.46 2.89 4.82 4.96
Tata Money Market Fund - Direct Plan - Growth 3 6935.06 0.67 1.48 2.92 4.77 5.16
UTI Money Market Fund - Direct Plan - Growth 5 7324.17 0.65 1.46 2.84 4.71 4.93
Aditya Birla Sun Life Money Manager Fund - Direct Plan - Growth 2 12903.98 0.66 1.46 2.90 4.69 5.16
PGIM India Money Market Fund - Direct Plan - Growth NA 65.15 0.64 1.45 2.76 4.68 0.00
Kotak Money Market Fund - Direct Plan - Growth 4 13193.08 0.64 1.41 2.79 4.67 4.76
Axis Money Market Fund - Direct Plan - Growth 4 2929.49 0.65 1.41 2.83 4.65 5.01
HDFC Money Market Fund - Direct Plan - Growth 3 13947.34 0.65 1.44 2.83 4.64 5.12
SBI Savings Fund - Direct Plan - Growth 3 18910.03 0.65 1.42 2.80 4.56 4.94
ICICI Prudential Money Market Fund - Direct Plan - Growth 4 11013.37 0.63 1.45 2.82 4.56 4.94

More Funds from L&T Mutual Fund

Out of 39 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 8 is/are ranked 3 * , 8 is/are ranked 2 * , 3 is/are ranked 1 * , and 15 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HSBC Small Cap Fund - Direct Plan - Growth 3 8495.85 2.31 2.68 14.45 10.44 29.45
HSBC Value Fund - Direct Plan - Growth 3 8013.55 4.51 6.41 15.78 12.15 20.98
HSBC Corporate Bond Fund - Direct Plan - Growth 2 6742.01 1.45 1.03 3.74 2.18 6.30
HSBC Mid Cap Fund - Direct Plan - Growth 2 6609.58 2.87 1.98 11.45 5.85 18.24
HSBC Aggressive Hybrid Fund - Direct - Growth 1 4625.70 1.96 2.40 8.72 2.71 12.62
HSBC Banking and PSU Debt Fund - Direct Plan - Growth 2 4578.88 1.01 0.90 3.00 1.72 5.21
HSBC Liquid Fund - Direct Plan - Growth 4 3820.18 0.56 1.51 2.78 4.66 4.09
HSBC Short Duration Fund - Direct Plan - Growth 2 3542.31 0.78 1.13 2.76 2.90 5.48
HSBC ELSS Fund - Direct Plan - Growth 1 3282.76 2.44 3.73 12.29 5.38 14.90
HSBC Arbitrage Fund - Direct Plan - Growth 2 2599.32 0.39 1.27 2.19 4.08 4.63

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