Bandhan Money Market Fund Direct-Growth

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

The Bandhan Money Market Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 7.25% since inception. Bandhan Money Market Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 8.0% 7.56% 6.06% 6.72% 7.25%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹44.226+0.01% 1 day change	7.25% p.a.	App exclusive #NA View Ranked Funds	₹10,885 Cr

Historical NAV & returns

NAV: ₹44.226 as on Sep 03, 2025

This fund Category average

Bandhan Money Market Fund overview

Expense ratio	0.1% as on Aug 31, 2025
Exit load	0%
AUM (Fund size)	₹10,885 Cr
Lock-in Period	Nil
Age	12 yrs 8 m since Jan 01, 2013
Benchmark	NIFTY Money Market Index A-I
Min. investment	SIP: ₹100 & Lumpsum: ₹100
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Bandhan Money Market 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 Sep 04, 2025

Period	This fund	Category average
1 Month	0.43%	0.42%
3 Months	1.6%	1.59%
6 Months	4.18%	4.13%
1 Year	8.0%	7.89%
2 Years	7.81%	7.72%
3 Years	7.56%	7.47%
4 Years	6.64%	6.61%
5 Years	6.06%	6.08%
7 Years	6.42%	6.61%
10 Years	6.72%	6.85%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 89.15%

SOV 14.92%

Others 0.21190808%

Cash & Call Money -4.28%

Top Debt Holdings

National Bank For Agriculture & Rural Development 11.22%

Reserve Bank of India 10.79%

HDFC Bank Ltd. 8.78%

Kotak Mahindra Bank Ltd. 8.11%

Allocation by Instruments

Certificate of Deposit 66.28%

Commercial Paper 22.87%

Treasury Bills 10.79%

State Development Loan 4.13%

Other Holdings

Others 0.3%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Bandhan Money Market Fund	N.A.	10,885 Cr	12 yrs 8 m	0.1%
UTI Money Market Fund	N.A.	18,385 Cr	12 yrs 8 m	0.14%
Nippon India Money Market Fund	N.A.	19,655 Cr	12 yrs 8 m	0.22%
PGIM India Money Market Fund	N.A.	183 Cr	5 yrs 6 m	0.21%
Axis Money Market Fund	N.A.	17,355 Cr	6 yrs 1 m	0.17%
Sundaram Money Market Fund	N.A.	1,356 Cr	6 yrs 11 m	0.17%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bandhan Money Market Fund	0.43%	4.18%	8.0%	7.56%	6.06%	6.72%
UTI Money Market Fund	0.42%	4.18%	7.99%	7.62%	6.2%	6.89%
Nippon India Money Market Fund	0.43%	4.23%	8.03%	7.65%	6.25%	6.91%
PGIM India Money Market Fund	0.4%	4.1%	7.78%	7.48%	6.08%	3.3%
Axis Money Market Fund	0.43%	4.21%	8.04%	7.65%	6.23%	3.86%
Sundaram Money Market Fund	0.42%	4.16%	7.93%	7.38%	5.9%	4.33%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bandhan Money Market Fund	0.36	0.89	2.85	4.66
UTI Money Market Fund	0.35	0.85	3.04	5.27
Nippon India Money Market Fund	0.36	0.88	3.01	5.17
PGIM India Money Market Fund	0.35	0.87	2.58	4.71
Axis Money Market Fund	0.36	0.92	3.01	5.01
Sundaram Money Market Fund	0.35	0.88	2.37	4.35

View all Money Market funds

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

Alpha	2.66 vs. 3.71 Underperformed at beating benchmark
Sharpe	2.85 vs. 3.93 Poor risk-adjusted returns
Beta	0.89 vs. 2.56 Less sensitive to market ups & downs
Standard deviation	0.36 vs. 0.32 More volatile performance

Compare Bandhan Money Market Fund in detail with

About this fund

About Bandhan Money Market Fund

Bandhan Money Market Fund Direct-Growth is a Money Market mutual fund scheme from Bandhan Mutual Fund. This fund has been in existence for 12 yrs 8 m, having been launched on 01/01/2013. Bandhan Money Market Fund Direct-Growth has ₹10,885 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Bandhan Money Market Fund Direct-Growth as of 03/09/2025 is ₹44.23. The fund has an expense ratio of 0.1%, which is close to what most other Money Market funds charge.

Bandhan Money Market Fund Direct-Growth returns of last 1-year are 8.02%. Since launch, it has delivered 7.26% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Bandhan Money Market 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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in National Bank For Agriculture & Rural Development, Reserve Bank of India, HDFC Bank Ltd., Kotak Mahindra Bank Ltd., Canara Bank.

...

Fund AUM	10,885 Cr as on May 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	67 view all schemes
Total AUM	1,77,378 Cr as on Jun 30, 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	1Y	3Y
Bandhan Government Securities Fund Constant Maturity Plan	N.A.	372 Cr	7.99%	8.04%
Bandhan Floater Fund	N.A.	312 Cr	8.6%	7.78%
Bandhan CRISIL IBX Gilt April 2028 Index Fund	N.A.	4,682 Cr	8.27%	7.77%
Bandhan Bond Fund Short Term Plan	N.A.	10,116 Cr	8.37%	7.71%
Bandhan CRISIL IBX Gilt June 2027 Index Fund	N.A.	6,671 Cr	8.12%	7.61%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Bandhan Money Market Fund?

The current Net Asset Value (NAV) of the Bandhan Money Market Fund - Direct Growth plan is approximately ₹44.226 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Bandhan Money Market Fund is a 12 yrs 8 m old fund and has delivered average annual returns of 7.25% since inception.

Bandhan Money Market Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
8.0%	7.56%	6.06%	6.72%	7.25%

How much does this mutual fund charge as expense ratio?

The Bandhan Money Market 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 Market Fund currently has assets under management (AUM) or fund size valued at approximately 10,885 Cr as on May 31, 2025.

To whom does Bandhan Money Market Fund lend to?

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

Holding Name	Percentage of Portfolio
National Bank For Agriculture & Rural Development	11.22%
Reserve Bank of India	10.79%
HDFC Bank Ltd.	8.78%

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 Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	89.15%
SOV	14.92%
Others	0.21190808%

What is risk level of Bandhan Money Market 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 Market 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 Market 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 Market Fund is complete.

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

Redeeming your investments in Bandhan Money Market 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 Market Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Money Market

#NA

Return Outperformance: This fund has generated highest return amongst Money Market funds in the last 1 Year.
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.