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HDFC Money Market Fund - NAV, Returns, Performance & Investment Guide 2025

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Complete guide to HDFC Money Market Fund with latest NAV, returns, AUM details, fund manager info, investment objectives, and how to invest through Allvest platform.

Investment Objective and Approach

The scheme seeks to generate income / capital appreciation by investing in money market instruments. An open ended debt scheme investing in money market instruments. The fund follows a conservative investment strategy by investing in Money Market instruments having maturity upto 1 year.

This debt mutual fund is designed for investors seeking short-term income generation with relatively low interest rate risk and moderate credit risk. The fund primarily focuses on:

- Investment in short-term debt instruments and money market securities

- Maintaining liquidity while generating stable returns

- Capital preservation with modest appreciation potential

- Aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit

The fund is categorized as having Low to Moderate risk making it suitable for conservative investors looking for better returns than traditional savings accounts.

Fund Managers

Anil Bamboli is the Current Fund Manager of HDFC Money Market Fund Direct Growth fund. He brings extensive experience and expertise to the fund management:

Professional Background:

- Chartered Financial Analyst (CFA) and also holds a B.Com and MMS in Finance degree

- Joined SBI Funds Management Pvt. Ltd. as an Assistant Vice President in 1994

- Joined HDFC Asset Management Company Ltd. as a Senior Fund Manager in 2003

Current Responsibilities:

- Manages AuM of Rs. 44,541 Crore in 22 schemes like Banking and PSU Debt Fund, Short Term Debt Fund, Gilt Fund, Money Market Fund, Overnight Fund, Dynamic Debt Fund, Equity Savings, Dynamic PE Ratio Fund of Funds, Multi Asset Fund

- Managing 14 funds of HDFC AMC. Total asset under management (AUM) managed by Anil Bamboli is ₹226382.9Cr

His experience spans over two decades in fund management, making him well-positioned to navigate various market cycles and deliver consistent performance.

About the Fund House (AMC)

HDFC Asset Management Company Limited stands as one of India's premier mutual fund houses with a strong market presence:

Market Position:

- HDFC Asset Management Company Ltd., or HDFC Mutual Fund, is currently the largest mutual fund and actively managed equity mutual fund in India. It is one of the most profitable asset management companies (AMC) in the country

- With a closing AUM of ₨ 6.07 Lakh Crore, an Annual Average AUM of ₨ 5.44 Lakh crore and a market share of 11.4% on a closing basis as on March 31, 2024

Key Highlights:

- Received approval to act as an AMC from SEBI back on 30 June 2000 under the registration number MF/044/00/6

- Serviced more than 75000 empanelled distribution partners through 210 branches spread across more than 200 cities in India

- Offers approximately 85 primary schemes. It consists of 47 equity funds, 24 debt funds, and 11 hybrid funds. The remaining 3 schemes include ETFs (Exchange Traded Funds), FOFs (Fund of Funds) and gold funds

Corporate History:

- HDFC Mutual Fund was registered with SEBI in 2000. In 2001, a joint venture was formed between HDFC Limited and abrdn Investment Management Limited

- In 2018, it became a publicly listed company, with 17% currently owned by the public

The AMC has established itself as a trusted name in the Indian mutual fund industry with consistent performance across various fund categories.

Should I Invest in HDFC Money Market Fund?

HDFC Money Market Fund may be suitable for you if:

Ideal For:

- Investors seeking short-term parking of funds with better returns than savings accounts

- Conservative investors with low risk appetite

- Those needing high liquidity with modest returns

- Investors looking to diversify their debt portfolio with money market exposure

Key Considerations:

- These funds usually deliver low returns which are only marginally higher than your bank account

- They are not suitable if your aim is to build wealth in the long run

- Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether

Financial Metrics (as of August 2025):

- AUM: ₹8,65,702 Cr as of 05 Aug 2025

- Latest NAV: ₹5,883.45 as of 05 Aug 2025

- Returns: Annualised return of 6.00% over the past five years as of 06-Aug-2025

- Minimum Investment: ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option

The fund is better suited for short-term goals and liquidity management rather than long-term wealth creation.

FAQs

What is today's NAV of HDFC Money Market Fund?

The latest NAV varies between plans, with the Direct Growth plan showing ₹5,883.45 as of August 5, 2025. Check current NAV on financial platforms for real-time updates.

What is the AUM of HDFC Money Market Fund?

The fund has an Asset Under Management (AUM) of ₹8,65,702 Crores as of August 5, 2025, making it one of the larger money market funds in India.

What is the expense ratio of HDFC Money Market Fund?

The expense ratio is 0.41% for the regular plan, which is reasonable for money market funds. Direct plans typically have lower expense ratios due to no distribution costs.

What are the returns of HDFC Money Market Fund since inception?

The fund has delivered an annualized return of 6.00% over the past five years as of August 2025. Since inception returns vary by plan and investment date.

What is the minimum SIP amount to invest in HDFC Money Market Fund?

You can start an SIP with just ₹100 per month, making it accessible for small investors looking for systematic investment in money market instruments.

How do I invest in HDFC Money Market Fund?

You can invest through Allvest platform online, directly through HDFC Mutual Fund website, or through registered distributors and banks that offer mutual fund services.

How to start a SIP in HDFC Money Market Fund?

Log into Allvest, select HDFC Money Market Fund, choose SIP option, set amount (minimum ₹100), select frequency, and complete payment setup through bank mandate or UPI.

How do I automate an SIP in HDFC Money Market Fund?

Set up automatic payments via bank mandate or UPI auto-debit through Allvest platform. This ensures hassle-free monthly investments without manual intervention each time.

How can I withdraw/redeem my investment in HDFC Money Market Fund?

Submit redemption request through Allvest, HDFC MF website, or your distributor. Money market funds typically process redemptions within 1-3 business days to your registered bank account.