Bajaj Finserv Money Market Fund-Regular Plan-IDCW

Bajaj Finserv Money Market Fund-Regular Plan-IDCW 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 133 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 negative Sharpe ratio of -1.25 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.47% 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.