Bandhan Money Manager Fund - Direct Plan
Bandhan Money Manager Fund - Direct Plan
An open ended debt scheme investing in money market instruments. A scheme with relatively low interest rate risk and relatively low credit risk.
The Fund aims to invest in money market instruments predominantly (Min. recommended investment horizon- 6 months)
- Min Investment 100
- Min SIP Amount 100
- Exit LoadNil
Scheme is suitable as 'Core' debt allocation and is recommended for a minimum investment horizon of 6 months
Tier 1 Benchmark : NIFTY Money Market Index A-I (w.e.f. 1st April 2022)Alternate Benchmark : CRISIL 1 Year T-Bill Index
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Performance as on 31st October 2023
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 18/02/2003 Since inception | 1 year | 3 year | 5 year | 10 year | 18/02/2003 Since inception | |
| Bandhan Money Manager Fund - Regular Plan - Growth | 6.68 | 4.32 | 5.12 | 6.29 | 6.35 | 10,668 | 11,357 | 12,835 | 18,416 | 35,801 |
| 7.27 | 4.87 | 5.46 | 6.69 | 7.10 | 10,727 | 11,535 | 13,047 | 19,118 | 41,369 | |
| 7.01 | 4.63 | 5.68 | 6.45 | 5.89 | 10,701 | 11,453 | 13,184 | 18,690 | 32,720 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Mr. Brijesh Shah (w.e.f 12/07/2021) & Mr. Gautam Kaul (w.e.f 01/12/2021)
View fund performance of other funds managed by Mr. Brijesh Shah, Mr. Gautam Kaul
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/3spfzbo
Bandhan Money Manager Fund
(Scheme Risk-o-meter)
NIFTY Money Market Index A-I (w.e.f. 1st April 2022)
(Tier 1 Benchmark Risk-o-meter)
This product is suitable for investors who are seeking* :
- To generate short term optimal returns with relative stability and high liquidity.
- Investments predominantly in money market instruments.