Bandhan Money Manager Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 39.85 as on 18-04-2024
Fund Performance
18 people have invested ₹ 2.1L in Bandhan Money Manager Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.28% return, outperforming this fund by 0.45% per annum.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.93% return, outperforming this fund by 0.25%.
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.23% which is lower than the category average expense ratio of 0.33%.
Over the last 6 months, this fund has increased expense ratio by 4.5% moving from 0.22 to 0.23.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.05% return, outperforming this fund by 0.32% per annum.
Over the last 3 months, this fund has experienced a 36.4% growth in AUM moving from 3.21K Cr to 4.38K Cr.
About the Bandhan Money Manager Fund Direct Plan Growth
Bandhan Money Manager Fund Direct Plan 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 Plan Growth has ₹4387 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Bandhan Money Manager Fund Direct Plan Growth Overview
 | 0.23% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4387 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 442.43% |
Bandhan Money Manager Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
42.3%
Cash Equivalent
33.5%
Government
24.2%
Top Holdings of Bandhan Money Manager Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings56
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 4.91% | 0% | |
Small Industries Development Bank Of India | 4.43% | 28.6% | |
HDFC Bank Ltd. | 3.93% | 0% | |
ICICI Bank Ltd. | 3.93% | 0% | |
Kotak Mahindra Bank Ltd. | 3.91% | 0% |
See all
Bandhan Money Manager Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bandhan Money Manager Fund Direct Plan Growth Fund Manager
Gautam Kaul
Fund Manager of Bandhan Money Manager Fund Direct Plan Growth, since 1 December 2021
Top funds managed
Bandhan Money Manager Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.19% since inception which is more than its category average return of 4.97%
AUM size ₹4387 Cr
This fund has AUM of ₹4387 Cr which is less than its category average of ₹ 6049 Cr
Expense Ratio 0.23%
This fund has an expense ratio of 0.23% which is less than its category average expense ratio of 0.33%
Frequently Asked Questions
The current NAV of Bandhan Money Manager Fund Direct Plan Growth is ₹39.85 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Bandhan Money Manager Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.81% | 0.81% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 7.68% | 7.68% |
3 Years Returns | 18.22% | 5.74% |
5 Years Returns | 32.75% | 5.83% |
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.
0.23% as on March 2024
₹4387 Cr as on March 2024
National Bank For Agriculture And Rural Development(4.91%), Small Industries Development Bank Of India(4.43%), HDFC Bank Ltd.(3.93%), ICICI Bank Ltd.(3.93%), Kotak Mahindra Bank Ltd.(3.91%) as on March 2024
Corporate(42.31%), Cash Equivalent(33.5%), Government(24.2%) as on March 2024
Yield to Maturity is 7.64 as on March 2024. 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 0.86 as on March 2024. 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 Plan Growth
The Exit load of Bandhan Money Manager Fund Direct Plan Growth is 0%