Bandhan Money Manager Fund Direct Growth
Debt
Direct
Money Market
NAV as on 22-11-2024
₹ 41.62
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 ₹11051 Cr worth of assets under management (AUM) as on Dec 1969 and is more 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 7.81%, 6.54% and 5.84% respectively.
Holdings
Bandhan Money Manager Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Government. Its top holdings are Export-Import Bank of India, HDFC Bank Limited, 182 D Tbill Mat - 14/02/2025, Bank Of Baroda, 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 | ₹11051 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 482.71% |
| STCG | Selling 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 (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 7.7K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Export-Import Bank of India | 5.91% | 0% | |
HDFC Bank Limited | 3.78% | 100% | |
182 D Tbill Mat - 14/02/2025 | 3.75% | 0% | |
Bank Of Baroda | 3.68% | 0% | |
HDFC Bank Limited | 3.36% | 0% |
Mutual Fund Insights
Bandhan Money Manager Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹11051 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 | 0.61% | 0.61% |
6 Month Returns | 3.81% | 3.81% |
1 Year Returns | 7.81% | 7.81% |
3 Years Returns | 20.92% | 6.54% |
5 Years Returns | 32.79% | 5.84% |
- 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 |