Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Bandhan Money Market Fund -Direct Plan-Periodic IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 83/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)7.43%
- Expense ratio (20%)0.1%
- AUM (15%)₹15,338 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Bandhan Mutual Fund · Debt · Money Market
₹47.25
AUM: ₹15,337 Cr
NAV updated 14 days ago
Plan
Direct
Option
Idcw
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
0.78
Std Dev (1Y)
0.5%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.58%
3m
+2.05%
6m
+3.61%
1y
+6.72%
3y
+7.43%
5y
+6.66%
10y
+6.51%
since inception
+4.69%
TopFund's Take on Bandhan Money Market Fund -Direct Plan-Periodic IDCW
Bandhan Money Market Fund -Direct Plan-Periodic IDCW ranks among the stronger performers in the Money Market category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 83/100.
Cost: At 0.1%, the expense ratio is meaningfully cheaper — about 38% below the Money Market category average of 0.16% (based on 148 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 moderate Sharpe ratio of 0.78 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 0.5% is on the lower side for a Money Market fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Bandhan Money Market Fund -Direct Plan-Periodic IDCW
The current NAV (Net Asset Value) of Bandhan Money Market Fund -Direct Plan-Periodic IDCW is ₹47.25. NAV is updated every business day after market close by AMFI.
1Y: 6.72% · 3Y CAGR: 7.43% · 5Y CAGR: 6.66%
The expense ratio of Bandhan Money Market Fund -Direct Plan-Periodic IDCW is 0.1% per annum. This is the annual fee charged by the fund to manage your investment.
Bandhan Money Market Fund -Direct Plan-Periodic IDCW is managed by Anurag Mittal, Harshal Joshi at Bandhan Mutual Fund.
Bandhan Money Market Fund -Direct Plan-Periodic IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Bandhan Money Market Fund -Direct Plan-Periodic IDCW is a Money Market fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Bandhan Money Market Fund -Direct Plan-Periodic IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Bandhan Money Market Fund -Direct Plan-Periodic IDCW is ₹15,338 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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