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Fund Overview

Fund Size

Fund Size

₹10,885 Cr

Expense Ratio

Expense Ratio

0.10%

ISIN

ISIN

INF194K01M80

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Bandhan Money Manager Fund Direct Growth is a Money Market mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹43.66, Assets Under Management (AUM) of 10885.31 Crores, and an expense ratio of 0.1%.
  • Bandhan Money Manager Fund Direct Growth has given a CAGR return of 7.28% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 20.37% in debts, and 79.42% in cash & cash equivalents.
  • You can start investing in Bandhan Money Manager Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.31%

+7.46% (Cat Avg.)

3 Years

+7.54%

+7.05% (Cat Avg.)

5 Years

+5.97%

+5.86% (Cat Avg.)

10 Years

+6.80%

+6.49% (Cat Avg.)

Since Inception

+7.28%

(Cat Avg.)

Portfolio Summaryas of 31st May 2025

Debt2,217.74 Cr20.37%
Others8,667.57 Cr79.63%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Current AssetsCash-505.23 Cr4.64%
Axis Bank LimitedCash - CD/Time Deposit431.05 Cr3.96%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit407.18 Cr3.74%
HDFC Bank LimitedCash - CD/Time Deposit381.88 Cr3.51%
Canara BankCash - CD/Time Deposit359.42 Cr3.30%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit338.94 Cr3.11%
Indian BankCash - CD/Time Deposit335.38 Cr3.08%
HDFC Bank Limited**Cash - CD/Time Deposit309.51 Cr2.84%
Small Industries Development Bank of IndiaBond - Corporate Bond306.47 Cr2.82%
Bajaj Finance LimitedCash - Commercial Paper290.75 Cr2.67%
Panatone Finvest LimitedCash - Commercial Paper287.72 Cr2.64%
364 Days Tbill Red 12-03-2026Bond - Gov't/Treasury287.48 Cr2.64%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit287.47 Cr2.64%
Bank Of Baroda**Cash - CD/Time Deposit265.93 Cr2.44%
Indusind Bank LimitedCash - CD/Time Deposit263.53 Cr2.42%
364 Days Tbill Mat 200226Bond - Gov't/Treasury240.27 Cr2.21%
364 DTB 27022026Bond - Gov't/Treasury240.02 Cr2.20%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit239.04 Cr2.20%
Kotak Mahindra Prime LimitedCash - Commercial Paper238.27 Cr2.19%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit217.63 Cr2.00%
364 DTB 19mar2026Bond - Gov't/Treasury215.38 Cr1.98%
08.00 Tn SDL 2025Bond - Gov't/Treasury201.73 Cr1.85%
Canara BankCash - CD/Time Deposit193.37 Cr1.78%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit192.31 Cr1.77%
364 Days Tbill (Md 05/03/2026)Bond - Gov't/Treasury191.85 Cr1.76%
Union Bank Of IndiaCash - CD/Time Deposit191.67 Cr1.76%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit191.55 Cr1.76%
LIC Housing Finance LimitedCash - Commercial Paper191.01 Cr1.75%
Small Industries Dev Bank Of India (11/03/2026)Cash - CD/Time Deposit190.5 Cr1.75%
Small Industries Development Bank of IndiaBond - Corporate Bond190.31 Cr1.75%
Indusind Bank Ltd.Cash - CD/Time Deposit190.01 Cr1.75%
Cholamandalam Investment & Finance Co Ltd.Cash - Commercial Paper189.61 Cr1.74%
HDFC Bank LimitedCash - CD/Time Deposit170.3 Cr1.56%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper147.4 Cr1.35%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit144.05 Cr1.32%
Icici Securities LimitedCash - Commercial Paper142.39 Cr1.31%
Kotak Mahindra Bank LimitedCash - CD/Time Deposit119.93 Cr1.10%
Indian BankCash - CD/Time Deposit119.18 Cr1.09%
Tata Capital Ltd.Cash - Commercial Paper119.01 Cr1.09%
Cholamandalam Investment And Fin. Co. LtdCash - Commercial Paper96.85 Cr0.89%
Canara BankCash - CD/Time Deposit96.82 Cr0.89%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper96.54 Cr0.89%
Union Bank Of IndiaCash - CD/Time Deposit96.13 Cr0.88%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit96.06 Cr0.88%
LIC Housing Finance LimitedCash - Commercial Paper95.96 Cr0.88%
ICICI Securities LimitedCash - Commercial Paper95.49 Cr0.88%
Union Bank Of IndiaCash - CD/Time Deposit95.36 Cr0.88%
Axis Bank Limited**Cash - CD/Time Deposit95.36 Cr0.88%
Axis Securities LimitedCash - Commercial Paper95.21 Cr0.87%
The Federal Bank Limited**Cash - CD/Time Deposit95.16 Cr0.87%
HDFC Bank Ltd.Bond - Corporate Bond95.04 Cr0.87%
Kotak Mahindra Prime Ltd.Cash - Commercial Paper94.04 Cr0.86%
Axis Bank LimitedCash - CD/Time Deposit72.89 Cr0.67%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.63 Cr0.45%
Canara BankCash - CD/Time Deposit48.4 Cr0.44%
Bank Of IndiaCash - CD/Time Deposit48.38 Cr0.44%
Union Bank Of IndiaCash - CD/Time Deposit48.36 Cr0.44%
Muthoot Finance LimitedCash - Commercial Paper48.26 Cr0.44%
Export-Import Bank Of IndiaCash - CD/Time Deposit48.2 Cr0.44%
Muthoot Finance LimitedCash - Commercial Paper48.19 Cr0.44%
Kotak Mahindra Prime LimitedCash - Commercial Paper48.04 Cr0.44%
Muthoot Finance LimitedCash - Commercial Paper47.81 Cr0.44%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit47.72 Cr0.44%
National Bank For Agriculture & Rural Development**Cash - CD/Time Deposit47.62 Cr0.44%
Small Industries Development Bk Of India ** #Cash - Commercial Paper47.51 Cr0.44%
08.51 HR Sdl 2026Bond - Gov't/Treasury45.81 Cr0.42%
08.42 KL Sdl 2026Bond - Gov't/Treasury35.57 Cr0.33%
Triparty Repo Trp_020625Cash - Repurchase Agreement32.35 Cr0.30%
08.49 KL Sdl 2026Bond - Gov't/Treasury30.54 Cr0.28%
08.39 AP Sdl 2026Bond - Gov't/Treasury30.48 Cr0.28%
08.29 AP Sdl 2026Bond - Gov't/Treasury30.43 Cr0.28%
08.55 RJ Sdl 2026Bond - Gov't/Treasury25.51 Cr0.23%
08.69 KL Sdl 2026Bond - Gov't/Treasury25.51 Cr0.23%
08.32 CG Sdl 2026Bond - Gov't/Treasury25.36 Cr0.23%
Axis Bank Ltd.Cash - CD/Time Deposit24.29 Cr0.22%
Indian BankCash - CD/Time Deposit23.98 Cr0.22%
Bank Of IndiaCash - CD/Time Deposit23.93 Cr0.22%
ICICI Securities LimitedCash - Commercial Paper23.93 Cr0.22%
NTPC Ltd.Cash - Commercial Paper23.82 Cr0.22%
ICICI Securities LimitedCash - Commercial Paper23.78 Cr0.22%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End22.59 Cr0.21%
Canara BankCash - CD/Time Deposit14.49 Cr0.13%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit14.44 Cr0.13%
Cash Margin - CcilCash - Repurchase Agreement0.21 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit6,626.05 Cr60.87%
Cash - Commercial Paper2,491.6 Cr22.89%
Bond - Gov't/Treasury1,625.92 Cr14.94%
Bond - Corporate Bond591.82 Cr5.44%
Cash-505.23 Cr4.64%
Cash - Repurchase Agreement32.56 Cr0.30%
Mutual Fund - Open End22.59 Cr0.21%

Risk & Performance Ratios

Standard Deviation

This fund

0.39%

Cat. avg.

0.55%

Lower the better

Sharpe Ratio

This fund

2.12

Cat. avg.

0.92

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

3.84

Higher the better

Fund Managers

GK

Gautam Kaul

Since December 2021

BS

Brijesh Shah

Since July 2021

Additional Scheme Detailsas of 31st May 2025

ISIN
INF194K01M80
Expense Ratio
0.10%
Exit Load
No Charges
Fund Size
₹10,885 Cr
Age
12 years 5 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty Money Market TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

  • For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
  • For investments made before 1 April 2023:
    • If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
    • If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
  • Holding the units: No tax is applicable as long as you hold the units.

Dividend Taxation:

Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bank of India Money Market Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹108.75 Cr-
Bank of India Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹108.75 Cr-
Zerodha Nifty 1D Rate Liquid ETF

Low Risk

0.3%-₹4593.77 Cr6.1%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2658.65 Cr8.4%
Mirae Asset Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹2658.65 Cr8.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3247.48 Cr8.2%
ICICI Prudential Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹30001.49 Cr8.3%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10885.31 Cr8.3%
Nippon India Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹17771.77 Cr8.3%
Invesco India Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹5898.58 Cr8.1%

About the AMC

Total AUM

₹1,69,192 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%0.0%₹1928.26 Cr10.9%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹54.86 Cr0.6%
Bandhan Nifty Alpha 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹448.36 Cr-8.6%
Bandhan Retirement Fund Direct Growth

Very High Risk

0.7%0.0%₹180.46 Cr5.9%
Bandhan Nifty IT Index Fund Direct Growth

Very High Risk

0.4%0.0%₹25.54 Cr14.1%
Bandhan Interval Fund - Series 17 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 197 Direct Growth

Moderate Risk

-0.0%--
Bandhan Fixed Term Plan Series 179 Direct Growth

Moderate Risk

-0.0%₹334.47 Cr11.1%
Bandhan Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹800.62 Cr6.5%
Bandhan Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹13625.91 Cr7.3%
Bandhan Core Equity Fund Direct Growth

Very High Risk

0.6%1.0%₹9106.59 Cr7.6%
Bandhan Dynamic Bond Fund Direct Growth

Moderate Risk

0.7%0.0%₹2938.61 Cr6.9%
Bandhan Large Cap Fund Direct Growth

Very High Risk

0.9%0.0%₹1862.19 Cr6.2%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth

High Risk

0.5%1.0%₹19.21 Cr6.7%
Bandhan Government Securities Fund Investment Plan Direct Growth

Moderate Risk

0.5%0.0%₹3431.61 Cr7.1%
Bandhan Focused Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹1838.84 Cr10.3%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth

Moderate Risk

0.1%0.0%₹371.62 Cr11.3%
Bandhan Infrastructure Fund Direct Growth

Very High Risk

0.8%0.0%₹1700.65 Cr-6.2%
Bandhan Regular Savings Fund Direct Growth

Moderately High risk

1.1%0.0%₹116.61 Cr7.2%
Bandhan Bond Fund - Medium Term Plan Direct Growth

Moderate Risk

0.6%0.0%₹1487.56 Cr9.9%
Bandhan Bond Fund - Income Plan Direct Growth

Moderate Risk

1.3%1.0%₹493.96 Cr7.1%
Bandhan Money Manager Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10885.31 Cr8.3%
Bandhan Bond Fund - Short Term Plan Direct Growth

Low to Moderate Risk

0.3%0.0%₹10116.37 Cr10.0%
Bandhan Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1886.21 Cr6.2%
Bandhan Sterling Value Fund Direct Growth

Very High Risk

0.7%1.0%₹9961.02 Cr1.6%
Bandhan Flexi Cap Fund Direct Growth

Very High Risk

1.1%1.0%₹7356.66 Cr5.9%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹105.78 Cr9.0%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹6954.94 Cr2.7%
Bandhan Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6506.28 Cr8.3%
Bandhan Asset Allocation FOF Conservative Plan Direct Growth

Moderately High risk

0.2%1.0%₹6.25 Cr7.8%
Bandhan Crisil IBX Gilt April 2026 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹439.97 Cr7.9%
Bandhan Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2617.20 Cr4.7%
Bandhan Financial Services Fund Direct Growth

Very High Risk

0.6%0.0%₹1039.30 Cr15.2%
Bandhan Floating Rate Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹311.97 Cr10.0%
Bandhan Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹9042.14 Cr7.8%
Bandhan US Equity Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹315.53 Cr11.9%
Bandhan CRISIL IBX Gilt June 2032 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹439.97 Cr11.4%
Bandhan Crisil IBX Gilt September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹152.67 Cr9.7%
Bandhan Crisil IBX Gilt April 2032 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹544.17 Cr11.3%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4561.87 Cr7.8%
Bandhan Asset Allocation FOF Moderate Plan Direct Growth

High Risk

0.4%1.0%₹19.33 Cr7.5%
Bandhan Equity Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹303.48 Cr7.4%
Bandhan US Treasury Bond 0-1 year Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹132.79 Cr8.1%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹1499.21 Cr4.5%
Bandhan All Seasons Bond Fund Direct Growth

Moderately High risk

0.0%0.0%₹462.54 Cr9.2%
Bandhan Nifty200 Momentum 30 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹132.27 Cr-14.0%
Bandhan Emerging Businesses Fund Direct Growth

Very High Risk

0.4%1.0%₹11743.70 Cr15.9%
Bandhan Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹903.65 Cr12.8%
Bandhan Nifty 100 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹181.99 Cr3.7%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹282.69 Cr9.1%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of Bandhan Money Manager Fund Direct Growth, as of 18-Jun-2025, is ₹43.66.
The fund has generated 8.31% over the last 1 year and 7.54% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 20.37% in bonds, and 79.42% in cash and cash equivalents.
The fund managers responsible for Bandhan Money Manager Fund Direct Growth are:-
  1. Gautam Kaul
  2. Brijesh Shah