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The Calculator alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy.
The Entry/ Exit Load (applicable, if any) is not considered in the calculation provided by the calculator.
KCC is not in the business of providing professional or legal advice with respect to this website service and this website service should not be relied on as a substitute for financial, legal or other professional advice.
HDFC AMC / HDFC Mutual Fund are not liable for any financial decision arising out of the use of this calculator and also they do not take the responsibility, liability, for any error or omission or inaccuracy or for any losses suffered nor undertake the authenticity of the figures calculated on the basis of calculator.
The above investment simulation is only illustrative and does not take into consideration rate of inflation, other financial factors varying over any given period of time and should not be construed as a promise on minimum returns and/ or safeguard of capital.
In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor.
Regulated in the United States under the Investment Company Act of 1940, money market funds are important providers of liquidity to financial intermediaries.
The portfolio must maintain a weighted average maturity (WAM) of 60 days or less and not invest more than 5% in any one issuer, except for government securities and repurchase agreements. Several more funds were shortly set up and the market grew significantly over the next few years.
Securities in which money markets may invest include commercial paper, repurchase agreements, short-term bonds and other money funds. Money market funds are credited with popularizing mutual funds in general, which until that time, were not widely utilized.
Money market funds seek to limit exposure to losses due to credit, market, and liquidity risks.
Money market funds in the United States are regulated by the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940.
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