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Bandhan Money Market Fund -Direct Plan-Growth
★★★★★ monitor_heart Health Score: 76/100 · GoodIDFC Mutual Fund · Debt · Money Market
₹46.77
AUM: ₹14,466 Cr
NAV updated 7 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.1%
Exit Load
Nil
Fund Manager
Anurag Mittal, Harshal Joshi
Inception
Jan 2013
Benchmark
NIFTY Money Market Index A-I
Sharpe Ratio
0.18
Std Dev (1Y)
0.48%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.62%
3m
+1.49%
6m
+3.3%
1y
+6.33%
3y
+7.37%
5y
+6.54%
10y
+6.52%
since inception
+7.22%
rate_review TopFund's Take on Bandhan Money Market Fund -Direct Plan-Growth
Bandhan Money Market Fund -Direct Plan-Growth holds up reasonably well within 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 76/100.
Cost: At 0.1%, the expense ratio is meaningfully cheaper — about 38% 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 0.18 — 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.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Bandhan Money Market Fund -Direct Plan-Growth
The current NAV (Net Asset Value) of Bandhan Money Market Fund -Direct Plan-Growth is ₹46.77. NAV is updated every business day after market close by AMFI.
1Y: 6.33% · 3Y CAGR: 7.37% · 5Y CAGR: 6.54%
The expense ratio is 0.1% per annum — the annual fee deducted from your investment to cover fund management costs.
Bandhan Money Market Fund -Direct Plan-Growth is managed by Anurag Mittal, Harshal Joshi at IDFC Mutual Fund.
Bandhan Money Market Fund -Direct Plan-Growth is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Bandhan Money Market Fund -Direct Plan-Growth is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Bandhan Money Market Fund -Direct Plan-Growth is ₹14,466 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.