MF Gyan
debtLow risk14 years oldSteady vs its 3-year pace

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From HDFC Mutual Fund. It's been running since 31 Dec 2012.

Latest price per unit
₹1,062.8383
▼ 0.14% today
As of 1 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹99.9k
▼ ₹60 loss · -0.1% / year
Invested 3 years ago
₹99.9k
▼ ₹106 loss · -0.0% / year
Invested 5 years ago
₹100.0k
▼ ₹27 loss · -0.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.80 L
Gain / loss-₹141
XIRR (annualised)-0.05%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.80 L
Projected gain*+-₹150
*at this fund's historical rate of -0.05% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 86 other funds in Debt Scheme - Money Market Fund

Same plan
1-year return
-0.06%median 0.90% (-0.96%)
Rank #73 of 87Beats 12% of peers
3-year return
-0.04%median 1.63% (-1.67%)
Rank #68 of 87Beats 0% of peers
5-year return
-0.01%median 0.98% (-0.98%)
Rank #59 of 87Beats 5% of peers
Bumpiness (3Y)
1.12%median 0.57% (+0.54%)
Rank #54 of 87Less risky than 37% of peers
Worst-ever drop
-1.69%median -1.23% (-0.46%)
Rank #29 of 87Less risky than 67% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 7 years were positive.

-0%
2020
+0%
2021
+0%
2022
+0%
2023
-0%
2024
-0%
2025
-0%
2026
Best year
2022 · 0.11%
Worst year
2024 · -0.09%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.1%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.69%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HDFC Money Market Fund - Direct Plan - Weekly IDCW Option against other debt funds.

Technical details (for the pros)
CAGR — 1 year-0.06%
CAGR — 3 years-0.04%
CAGR — 5 years-0.01%
CAGR — since launch40.06%
Volatility — 1 year (annualised)1.10%
Volatility — 3 years (annualised)1.12%
Max drawdown — 1 year-0.57%
Max drawdown — 3 years-0.61%
Sharpe ratio — 1 year (rf=6%)-5.50
Sharpe ratio — 3 years (rf=6%)-5.41

Fund info

Fund house
HDFC Mutual Fund
Category
Debt Scheme - Money Market Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
INF179KB1IA9
ISIN (Div re-invest)
INF179KB1IB7
Fund code
119094
First price on record
31 Dec 2012 · 3,629 daily prices

About HDFC Money Market Fund - Direct Plan - Weekly IDCW Option

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option is a Debt Scheme - Money Market Fund offered by HDFC Mutual Fund under the Direct plan with the IDCW option. It has approximately 14 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of HDFC Money Market Fund - Direct Plan - Weekly IDCW Option is ₹1062.8383 (as of 1 Sep 2026). Historically, it has delivered -0.06% over the last year, -0.04% CAGR over 3 years, -0.01% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HDFC Money Market Fund - Direct Plan - Weekly IDCW Option?+

The latest NAV of HDFC Money Market Fund - Direct Plan - Weekly IDCW Option is ₹1062.8383 as of 1 Sep 2026, down 0.14% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HDFC Money Market Fund - Direct Plan - Weekly IDCW Option?+

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option has delivered 1-year return -0.06%, 3-year CAGR -0.04%, 5-year CAGR -0.01%, since-inception CAGR 40.06%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HDFC Money Market Fund - Direct Plan - Weekly IDCW Option belong to?+

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option is categorised as Debt Scheme - Money Market Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is HDFC Money Market Fund - Direct Plan - Weekly IDCW Option?+

Based on its 3-year annualised volatility of 1.1%, HDFC Money Market Fund - Direct Plan - Weekly IDCW Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HDFC Money Market Fund - Direct Plan - Weekly IDCW Option a direct plan?+

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is HDFC Money Market Fund - Direct Plan - Weekly IDCW Option?+

HDFC Money Market Fund - Direct Plan - Weekly IDCW Option has NAV history available from 31 Dec 2012 — approximately 14 years of track record and 3,629 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.