Bandhan Money Manager Fund Direct-Growth

Q: What are the returns of Bandhan Money Manager Fund?

The Bandhan Money Manager Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.27% since inception. Bandhan Money Manager Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.3% 7.49% 5.99% 6.8% 7.27%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹43.5423+0.03% 1 day change	7.27% p.a.	#NA View Ranked Funds	₹8,169 Crs

Historical NAV & returns

NAV: ₹43.5423 as on Jun 05, 2025

This fund Category average

Bandhan Money Manager Fund overview

Expense ratio	0.1% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹8,169 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	NIFTY Money Market Index A-I
Min. investment	SIP ₹100 & Lump. ₹100
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Money Manager Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.72%	0.71%
3 Months	2.55%	2.51%
6 Months	4.31%	4.25%
1 Year	8.3%	8.16%
2 Years	7.89%	7.78%
3 Years	7.49%	7.44%
4 Years	6.48%	6.48%
5 Years	5.99%	6.03%
7 Years	6.45%	6.66%
10 Years	6.8%	6.9%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 96.9%

SOV 16.47%

Others 0.18%

Cash & Call Money -13.55%

Top Debt Holdings

Kotak Mahindra Bank Ltd. 16.56%

Canara Bank 10.11%

Bank Of Baroda 8.98%

HDFC Bank Ltd. 8.8%

Allocation by Instruments

Certificate of Deposit 76.63999999999997%

Commercial Paper 18.450000000000003%

State Development Loan 11.74%

Treasury Bills 3.09%

Other Holdings

Others 2.56%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bandhan Money Manager Fund	N.A.	₹8,169 Crs	12 yrs 5 m	0.1%
UTI Money Market Fund	N.A.	₹17,804 Crs	12 yrs 5 m	0.15%
Nippon India Money Market Fund	N.A.	₹15,877 Crs	12 yrs 5 m	0.22%
PGIM India Money Market Fund	N.A.	₹174 Crs	5 yrs 3 m	0.2%
Sundaram Money Market Fund	N.A.	₹574 Crs	6 yrs 8 m	0.17%
Axis Money Market Fund	N.A.	₹17,355 Crs	5 yrs 10 m	0.16%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Money Manager Fund	0.72%	4.31%	8.3%	7.49%	5.99%	6.8%
UTI Money Market Fund	0.71%	4.32%	8.29%	7.55%	6.18%	6.93%
Nippon India Money Market Fund	0.73%	4.33%	8.32%	7.59%	6.2%	6.95%
PGIM India Money Market Fund	0.7%	4.21%	8.1%	7.4%	6.03%	3.15%
Sundaram Money Market Fund	0.7%	4.27%	8.16%	7.27%	5.8%	4.17%
Axis Money Market Fund	0.72%	4.32%	8.35%	7.59%	6.2%	3.7%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Money Manager Fund	0.39	0.94	2.4	3.72
UTI Money Market Fund	0.37	0.89	2.62	4.22
Nippon India Money Market Fund	0.38	0.9	2.69	4.49
PGIM India Money Market Fund	0.38	0.93	2.18	3.67
Sundaram Money Market Fund	0.39	0.95	1.86	3.02
Axis Money Market Fund	0.39	0.96	2.62	4.17

View all Money Market funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.72 vs. 3.21 Underperformed at beating benchmark
Sharpe	2.4 vs. 3.63 Poor risk-adjusted returns
Beta	0.94 vs. 2.03 Less sensitive to market ups & downs
Standard deviation	0.39 vs. 0.32 More volatile performance

Compare Bandhan Money Manager Fund in detail with

About this fund

About Bandhan Money Manager Fund

Bandhan Money Manager Fund Direct-Growth is a Money Market mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. Bandhan Money Manager Fund Direct-Growth has ₹8,169 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Money Manager Fund Direct-Growth as of 05/06/2025 is ₹43.54. The fund has an expense ratio of 0.1%, which is close to what most other Money Market funds charge.

Bandhan Money Manager Fund Direct-Growth returns of last 1-year are 8.33%. Since launch, it has delivered 7.27% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Bandhan Money Manager Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Kotak Mahindra Bank Ltd., Canara Bank, Bank Of Baroda, HDFC Bank Ltd., Axis Bank Ltd..

...

Fund AUM	₹8,169 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Brijesh Shah

Mr. Shah is a Post Graduate Diploma in Finance. Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Gautam Kaul

Mr. Kaul is a B.Com (H) and MBA (Finance). Prior to joining Bandhan Mutual Fund(formerly IDFC Mutual Fund), he has worked with Edelweiss AMC, Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd.

Investment objective

The scheme aims to generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.

Bandhan Mutual Fund details

No. of schemes	66 view all schemes
Total AUM	₹1,67,339 Crs as on Mar 31, 2025
Address	One World Centre, 6th Floor, Tower 1C, Senapati Bapat Marg, Prabhadevi Mumbai, 400013

More funds from Bandhan Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	₹360 Crs	12.54%	9.85%
Bandhan GSF Investment Fund	N.A.	₹3,841 Crs	10.63%	9.37%
Bandhan Dynamic Bond Fund	N.A.	₹3,076 Crs	10.35%	9.13%
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	₹4,704 Crs	10.0%	8.49%
Bandhan Bond Fund Medium Term Plan	N.A.	₹1,475 Crs	10.57%	8.36%
Bandhan Bond Fund Short Term Plan	N.A.	₹9,728 Crs	10.28%	8.32%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Money Manager Fund?

The current Net Asset Value (NAV) of the Bandhan Money Manager Fund - Direct Growth plan is approximately ₹43.5423 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Money Manager Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.27% since inception.

Bandhan Money Manager Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.3%	7.49%	5.99%	6.8%	7.27%

How much does this mutual fund charge as expense ratio?

The Bandhan Money Manager Fund - Direct Growth has an expense ratio of 0.1%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Bandhan Money Manager Fund currently has assets under management (AUM) or fund size valued at approximately ₹8,169 Crs crore as of Mar 31, 2025.

To whom does Bandhan Money Manager Fund lend to?

The top 3 debt holdings of Bandhan Money Manager Fund are as follows

Holding Name	Percentage of Portfolio
Kotak Mahindra Bank Ltd.	16.56%
Canara Bank	10.11%
Bank Of Baroda	8.98%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bandhan Money Manager Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	96.9%
SOV	16.47%
Others	0.18%

What is risk level of Bandhan Money Manager Fund?

This is a Money Market fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Bandhan Money Manager Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bandhan Money Manager Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bandhan Money Manager Fund is complete.

How can I redeem my investments in Bandhan Money Manager Fund?

Redeeming your investments in Bandhan Money Manager Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bandhan Money Manager Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Money Market

#NA

Expense Ratio: This fund has the 2nd lowest expense ratio amongst actively/passively managed Money Market funds.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.