Bandhan Money Manager Fund Direct Growth

Bandhan Money Manager Fund Direct Growth

NAV as on 24-04-2025

₹ 43.14

Inception Returns

7.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
109 people have invested ₹ 97.1L in Bandhan Money Manager Fund Direct Growth in the last three months

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

  1. Bandhan Money Manager Fund Direct Growth has ₹10048 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Bandhan Money Manager Fund Direct Growth has given a CAGR return of 7.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.12%, 7.21% and 6.01% respectively.

Holdings

Bandhan Money Manager Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are Axis Bank Limited, National Bank For Agriculture And Rural Development, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), National Bank For Agriculture And Rural Development, 364 DTB 19mar2026

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
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.

Bandhan Money Manager Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
Nifty Money Market TR INR
AUM₹10048 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
482.71%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (24-Apr-25)

Period
Bandhan Money Manager Fund Direct Growth
Money Market Index
1M
1.2%
0.9%
3M
2.4%
1.9%
6M
4.2%
3.4%
1Y
8.1%
7%
3Y
7.2%
6.6%
5Y
6%
5.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Corporate
52.9%
Government
24.6%
Cash Equivalent
22.6%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 10K Cr
₹ 10.9K Cr
₹ 10.6K Cr
  • AUM of the fund stands at 10K Cr as of Mar'25
  • AUM decreased by 804.1 Cr between Mar'25 and Feb'25
Cash allocation has gone down from 88% to 83.6%
Cash allocation has gone down from 88% to 83.6%
Debt allocation has gone up from 11.8% to 16.2%
Debt allocation has gone up from 11.8% to 16.2%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
100%
Corporate
53%
Government
25%
Feb'25
Financial Services
100%
Corporate
44%
Government
18%
  • Debt & Cash

Holdings
Weight%
1M Change
Axis Bank Limited
Axis Bank Limited
4.22%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.99%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
3.8%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.76%
0%
364 DTB 19mar2026
364 DTB 19mar2026
3.75%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Bandhan Money Manager Fund Direct Growth
Bandhan Money Manager Fund Direct Growth
8.12%
7.21%
6.01%
7.27%
Tata Money Market Fund Direct Plan Growth
Tata Money Market Fund Direct Plan Growth
8.24%
7.43%
6.37%
6.77%
ICICI Prudential Money Market Fund Direct Plan Growth
ICICI Prudential Money Market Fund Direct Plan Growth
8.12%
7.27%
6.17%
7.33%
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
Aditya Birla Sun Life Money Manager Fund Direct Plan Growth
8.1%
7.32%
6.28%
7.47%
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Gautam Kaul
Gautam Kaul
Fund Manager of Bandhan Money Manager Fund Direct Growth, since 1 December 2021
Top funds managed
Fund House
Bandhan Asset Management Company Limited
Total AUM
₹1.63L Cr
as on 31-Mar-2025
Address
Bandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai
Phone
022-66289999
Website
investormf@bandhanamc.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 23.0% growth in AUM moving from 8.16K Cr to 10.04K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.31%.
Insights icon
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 7.43% return, outperforming this fund by 0.22% per annum.
Insights icon
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 8.24% return, outperforming this fund by 0.12%.
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In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.37% return, outperforming this fund by 0.36% per annum.

Bandhan Money Manager Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.27% since inception which is more than its category average return of 5.52%
AUM size ₹10048 Cr

AUM size ₹10048 Cr

This fund has AUM of ₹10048 Cr which is less than its category average of ₹ 10409 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.32%

Frequently Asked Questions for Bandhan Money Manager Fund Direct Growth

The current NAV of Bandhan Money Manager Fund Direct Growth is ₹43.14 as on 24-Apr-2025.
Existing (Absolute + CAGR) as on 24-Apr-2025.
Bandhan Money Manager Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.15%
1.15%
6 Month Returns
4.22%
4.22%
1 Year Returns
8.12%
8.12%
3 Years Returns
23.23%
7.21%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.1% as on March 2025
₹10048 Cr as on March 2025
Axis Bank Limited(4.22%), National Bank For Agriculture And Rural Development(3.99%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(3.8%), National Bank For Agriculture And Rural Development(3.76%), 364 DTB 19mar2026(3.75%) as on March 2025
Corporate(52.87%), Government(24.58%), Cash Equivalent(22.55%) as on March 2025
Yield to Maturity is 7.16 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.84 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Gautam Kaul is the fund manager of Bandhan Money Manager Fund Direct Growth
The Exit load of Bandhan Money Manager Fund Direct Growth is 0%