Bandhan Money Manager Fund Direct Growth
Debt
Direct
Money Market
NAV as on 20-01-2025
₹ 42.09
Inception Returns
7.2%
/yr
About Bandhan Money Manager Fund Direct Growth
Bandhan Money Manager Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Gautam Kaul. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Money Manager Fund Direct Growth has ₹8169 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Bandhan Money Manager Fund Direct Growth has given a CAGR return of 7.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.76%, 6.70% and 5.90% respectively.
Holdings
Bandhan Money Manager Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Kotak Mahindra Bank Limited, Canara Bank, Bank Of Baroda, Kotak Mahindra Bank Limited, HDFC Bank Limited
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Bandhan Money Manager Fund Direct Growth
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Bandhan Money Manager Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bandhan Money Manager Fund Direct Growth Overview
| Expense ratio | 0.1% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹8169 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 482.71% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 11.7K Cr as of Dec'24
- AUM increased by 607.4 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Financial Services, Government & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Canara Bank | 5.43% | 0% | |
Kotak Mahindra Bank Limited | 5.43% | 0% | |
Bank Of Baroda | 5.37% | 100% | |
Kotak Mahindra Bank Limited | 4.58% | 0% | |
HDFC Bank Limited | 3.57% | 100% |
Mutual Fund Insights
Bandhan Money Manager Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹8169 Cr
Expense Ratio 0.1%
Frequently Asked Questions for Bandhan Money Manager Fund Direct Growth
Bandhan Money Manager Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.74% | 3.74% |
1 Year Returns | 7.76% | 7.76% |
3 Years Returns | 21.48% | 6.7% |
5 Years Returns | 33.16% | 5.9% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |