Bajaj Money Market Fund Direct Growth

Bajaj Money Market Fund Direct Growth

Get the latest NAV of Bajaj Money Market Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1262.56

NAV as on 30 Oct 2026

7.39%/per year

Since Inception

Absolute Gain%

▲▼

47 people have invested ₹ 56.7L in Bajaj Money Market Fund in the last three months

Bajaj Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (30-Oct-26)

The fund has outperformed the benchmark (Money Market Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.31%
1.46%
3.27%
6.32%
7.29%
--
Money Market Index
0.32%
1.33%
2.9%
5.43%
5.96%
5.55%
Money Market Avg
0.27%
1.34%
3.08%
6%
6.86%
6.35%
Best in Money Market
0.41%
1.56%
3.34%
6.57%
7.45%
6.89%
Worst in Money Market
0.32%
1.42%
3.06%
6.17%
6.74%
6.49%
Category Rank
19/22
18/21
15/18
14/18
--
--

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Bajaj Money Market Fund
13/22
4,970Cr
0.13%
6.32%
7.29%
0.22
1.49
--
--
2.07
Bandhan Money Market fund
1/22
13,129Cr
0.1%
6.46%
7.34%
0.31
1.40
--
--
2.58
Tata Money Market Fund
2/22
31,690Cr
0.18%
6.45%
7.44%
0.38
1.44
--
--
3.12
Axis Money Market Fund
3/22
19,012Cr
0.18%
6.43%
7.37%
0.33
1.43
--
--
2.76

Bajaj Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Bajaj Money Market Fund Asset Allocation

See fund asset allocation details as on (14-Oct-26)

Fund Distribution

as on (14-Oct-26)

AAA
100%

Cash allocation has gone up from 76.4% to 79.9%
Cash allocation has gone up from 76.4% to 79.9%
Debt allocation has gone down from 23.3% to 19.8%
Debt allocation has gone down from 23.3% to 19.8%

Bajaj Money Market Fund Sector Allocation

See fund sector allocation details as on (14-Oct-26)

Sector Allocation

Corporate
43.1%
Cash Equivalent
38.7%
Government
18.2%

Top 2 Sectors in September were Corporate, Government

Sep'26

Corporate

47%

Government

16%

Aug'26

Corporate

47%

Government

16%

Bajaj Money Market Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.13%
Benchmark
Nifty Money Market Index PR INR
AUM₹4970 Cr
Inception Date24 July, 2023
Min Lumpsum/SIP₹1,000/₹1,000
Exit Load0%
Lock InNo Lock-in
TurnOver
552.49%
Risk
Risk meter
pointer
Low to Moderate Risk

About Bajaj Money Market Fund

Bajaj Money Market Fund Direct Growth is a debt fund. This fund was started on 24 July, 2023. The fund is managed by Siddharth Chaudhary, Nimesh Chandan. This fund is suitable to keep your money safe.

Key Parameters

  1. Bajaj Money Market Fund has ₹4970 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

Bajaj Money Market Fund has given a CAGR return of 7.39% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 6.32% and 7.29% respectively.

Holdings

Bajaj Money Market Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Canara Bank, Indian Bank, National Bank For Agriculture And Rural Development, HDFC Bank Ltd, Birla Group Holdings Private 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:
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 Bajaj Money Market Fund

The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Bajaj Money Market Fund has no lock in period.

Fund Manager

Siddharth Chaudhary

Fund Manager of Bajaj Money Market Fund, since 24 July 2023

Nimesh Chandan

Fund Manager of Bajaj Money Market Fund, since 24 July 2023

Learn more about Bajaj Finserv Mutual Fund
Parameters
Sep'26
Aug'26
Jul'26
AUM
₹ 5.3K Cr
₹ 5.3K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 5.3K Cr as of Sep'26
  • AUM has remained same between Sep'26 and Aug'26

Frequently Asked Questions for Bajaj Money Market Fund Direct Growth

How do I invest in Bajaj Money Market Fund?

INDmoney makes it simple to invest in the Bajaj Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Bajaj Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Bajaj Money Market Fund?

The NAV of the fund today is ₹1262.56. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Bajaj Money Market Fund fund has generated a return of 6.32% in 1 year, 7.29% in 3 years

Who is the fund manager of Bajaj Money Market Fund?

The fund managers are Siddharth Chaudhary, Nimesh Chandan.

What is the expense ratio of the fund?

The expense ratio is 0.13%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹4970 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Bajaj Money Market Fund?

The top 3 holdings of the fund are Canara Bank(3.31%), Indian Bank(3.3%), National Bank For Agriculture And Rural Development(3.29%)