Hdfc Money Market Fund Overview
Category Money Market Fund
BMSMONEY Rank 8
Rating
Growth Option 21-05-2025
NAV ₹5683.84(R) +0.03% ₹5795.4(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 8.03% 7.3% 6.0% 6.61% 69.21%
Direct 8.22% 7.49% 6.18% 6.79% 69.52%
Benchmark
SIP (XIRR) Regular 8.46% 7.77% 6.81% 6.2% 38.27%
Direct 8.64% 7.95% 6.99% 6.37% 38.57%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.86 0.91 0.71 4.46% 0.03
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.5% 0.0% 0.0% 0.3 0.38%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
HDFC Money Market Fund - Weekly IDCW Option 1063.22
0.3100
0.0300%
HDFC Money Market Fund - Weekly IDCW Option -Direct Plan 1063.23
0.3100
0.0300%
HDFC Money Market Fund - Daily IDCW Option 1063.64
0.0000
0.0000%
HDFC Money Market Fund - Daily IDCW Option - Direct Plan 1063.64
0.0000
0.0000%
HDFC Money Market Fund - Growth Option 5683.84
1.6500
0.0300%
HDFC Money Market Fund - Growth Option - Direct Plan 5795.4
1.7200
0.0300%

Review Date: 21-05-2025

Beginning of Analysis

In the Money Market Fund category, Hdfc Money Market Fund is the 8th ranked fund. The category has total 18 funds. The Hdfc Money Market Fund has shown a very good past performence in Money Market Fund. The fund has a Jensen Alpha of 4.46% which is higher than the category average of 4.22%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.86 which is higher than the category average of 1.36.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Money Market Mutual Funds are ideal for investors seeking a safe, liquid, and low-risk investment option for short-term cash management. These funds invest in high-quality, short-term money market instruments with a maturity of up to 1 year, offering quick redemption (within 1 business day) and stable returns. While they provide better returns than savings accounts, they may underperform compared to other debt funds with longer maturities. Investors should consider their liquidity needs, risk tolerance, and investment horizon before investing in Money Market Funds. Additionally, the absence of a lock-in period makes them a flexible choice for managing short-term financial goals.

Hdfc Money Market Fund Return Analysis

  • The fund has given a return of 0.65%, 2.42 and 4.27 in last one, three and six months respectively. In the same period the category average return was 0.64%, 2.36% and 4.19% respectively.
  • Hdfc Money Market Fund has given a return of 8.22% in last one year. In the same period the Money Market Fund category average return was 8.08%.
  • The fund has given a return of 7.49% in last three years and ranked 6.0th out of 18 funds in the category. In the same period the Money Market Fund category average return was 7.38%.
  • The fund has given a return of 6.18% in last five years and ranked 5th out of 16 funds in the category. In the same period the Money Market Fund category average return was 6.02%.
  • The fund has given a return of 69.52% in last ten years and ranked 1st out of 11 funds in the category. In the same period the category average return was 12.54%.
  • The fund has given a SIP return of 8.64% in last one year whereas category average SIP return is 8.49%. The fund one year return rank in the category is 7th in 22 funds
  • The fund has SIP return of 7.95% in last three years and ranks 7th in 18 funds. Tata Money Market Fund has given the highest SIP return (8.1%) in the category in last three years.
  • The fund has SIP return of 6.99% in last five years whereas category average SIP return is 6.9%.

Hdfc Money Market Fund Risk Analysis

  • The fund has a standard deviation of 0.5 and semi deviation of 0.38. The category average standard deviation is 0.51 and semi deviation is 0.39.
  • The fund has a beta of 0.31 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Money Market Fund Category
  • Good Performance in Money Market Fund Category
  • Poor Performance in Money Market Fund Category
  • Very Poor Performance in Money Market Fund Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Hdfc Money Market Fund NAV Regular Growth Hdfc Money Market Fund NAV Direct Growth
    21-05-2025 5683.8448 5795.4048
    20-05-2025 5682.19 5793.6894
    19-05-2025 5679.8172 5791.2421
    16-05-2025 5676.212 5787.4816
    15-05-2025 5673.6406 5784.8317
    14-05-2025 5672.6043 5783.7466
    13-05-2025 5669.0048 5780.0491
    09-05-2025 5662.5119 5773.3156
    08-05-2025 5664.0291 5774.8342
    07-05-2025 5665.2148 5776.0155
    06-05-2025 5664.2435 5774.9972
    02-05-2025 5659.1934 5769.7362
    30-04-2025 5656.7368 5767.1752
    28-04-2025 5655.1495 5765.5012
    25-04-2025 5652.2258 5762.4356
    24-04-2025 5652.2825 5762.4655
    23-04-2025 5650.539 5760.6599
    22-04-2025 5649.3193 5759.3888
    21-04-2025 5647.9926 5758.0083

    Fund Launch Date: 18/Nov/1999
    Fund Category: Money Market Fund
    Investment Objective: To generate income / capital appreciation by investing in money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
    Fund Description: An open ended debt scheme investing in money market instruments
    Fund Benchmark: CRISIL Liquid Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.