Get HSBC INVESTOR TAX-FREE MONEY MARKET FUND AS OF 8/15/2011 Weighted Average Maturity (WAM) Weighted

Money market fund shares are always assigned a nominal net asset value (NAV) of $1, even though the actual NAV falls slightly above or below this figure. Such funds are required by law to disclose the actual NAV—the shadow share price—to show the fund's performance to investors more accurately.

HSBC U.S. Dollar Money Market Fund The fund aims to earn monthly interest income while preserving capital by investing primarily in high-quality, short-term US dollar denominated fixed income securities.

The stable net asset value (NAV) is the predominant safety feature of money market funds. A stable NAV means that the chance of the fund losing principal or “breaking a buck” is minimized because it always maintains a $1.00 value (investors will receive $1.00 back for every $1.00 invested).

The fund currently has an Asset Under Management(AUM) of ₹1,05,642 Cr and the Latest NAV as of 15 Dec 2023 is ₹24.62. The HSBC Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

For money market mutual funds, the difference between WAM and WAL is that WAM takes into account interest rate resets and WAL does not. The SEC limits the WAL for money market mutual funds to 120 days. Duration: A measure of the price sensitivity of a bond fund or debt instrument to a change in interest rates.

List of Hsbc Equity Mutual Funds in India Fund NameCategory1Y ReturnsHSBC Flexi Cap FundEquity32.8%HSBC Asia Pacific (Ex Japan) Dividend Yield FundOther10.3%HSBC Tax Saver Equity FundEquity4.2%View All7 more rows