Bajaj Finserv Money Market Fund-Direct Plan-Growth

Bajaj Finserv Money Market Fund-Direct Plan-Growth ranks among the stronger performers in the Money Market category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 85/100.

Cost: At 0.13%, the expense ratio is meaningfully cheaper — about 19% below the Money Market category average of 0.16% (based on 117 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.32 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.48% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.