Debt · Money Market

HDFC Money Market Fund

HDFC Asset Management Company Limited

Benchmark

CRISIL Money Market A-I Index

Riskometer

Moderate

Size

₹29,105 cr

Allotted

18 Nov 1999

Holdings as of

30 Sep 2026

HDFC Money Market Fund is a money market fund of HDFC Asset Management Company Limited with ₹29,105 cr under management. It is ahead of its benchmark (CRISIL Money Market A-I Index) in 4 of 4 periods. Its direct plan charges 0.22% a year. Praveen Jain has managed it for 2.1 years.

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What is HDFC Money Market Fund invested in?

104% in debt, 0% in shares and -5% in cash, as of 30 Sep 2026.

Equity0.0%Debt104.2%Cash-4.5%Other0.3%

Holdings as of 30 Sep 2026

Has HDFC Money Market Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Money Market A-I Index, in 4 of 4 periods in AMFI's figures; +6.55% over the last year against +6.11%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.49%	−3.60%	—
3 months	+1.75%	−5.03%	—
6 months	+3.25%	−1.83%	—
1 year	+6.53%	−4.06%	+10.59 pts
3 years	+7.39%	+9.27%	−1.88 pts
5 years	+6.76%	+8.00%	−1.24 pts
10 years	+6.76%	+12.69%	−5.93 pts
Since start from 31 Dec 2012	+49.86%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (CRISIL Money Market A-I Index) in 4 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.55%	+6.35%	+6.11%	+0.44	🔒
3y	+7.38%	+7.20%	+6.88%	+0.50	🔒
5y	+6.76%	+6.57%	+6.45%	+0.31	🔒
10y	+6.76%	+6.57%	+6.33%	+0.43	🔒

Ahead in points a year · its rank among Money Market funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 192Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹192 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does HDFC Money Market Fund cost?

0.22% a year on the direct plan, 0.41% on the regular plan; 22 of 27 funds in its category charge less.

Direct plan

0.22% a year

Category median 0.17%

Regular plan

0.41% a year

Category median 0.40%

Gap

0.19 points

for the same holdings

22 of 27 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Debt Scheme - Money Market Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages HDFC Money Market Fund?

Praveen Jain, since 30 Aug 2024; Gopal Agrawal, since 1 Sep 2026.

Praveen Jain

2.1 years

since 30 Aug 2024

Gopal Agrawal

0.1 years

since 1 Sep 2026

Benchmark as filedCRISIL Money Market A-I Index

Exit load

NIL

From 7 Scheme Summary Documents filed with NSE, first on 12 Apr 2026; as on 13 Oct 2026

Questions people ask

Who manages HDFC Money Market Fund?

Praveen Jain (manager) since 30 Aug 2024; Gopal Agrawal (manager) since 1 Sep 2026.

What is the expense ratio of HDFC Money Market Fund?

0.22% a year on the direct plan and 0.41% on the regular plan (expense report, Oct 2026).

How has HDFC Money Market Fund done?

Its direct plan returned +7.38% a year over 3 years against +6.88% for its benchmark, CRISIL Money Market A-I Index, as of 13 Oct 2026.