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Bandhan Money Market Fund - Investment Objective, Performance & Manager Details

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Learn about Bandhan Money Market Fund's investment approach, fund managers, and AMC background. Discover if this short-term debt fund aligns with your investment goals.

Investment Objective and Approach

The Fund aims to invest only in short maturity, highly rated debt and money market instruments and seeks to generate returns predominantly through accrual income. As an open ended debt scheme investing in money market instruments with relatively low interest rate risk and relatively low credit risk, the fund focuses on capital preservation while providing reasonable returns.

The investment strategy centers on:

- Investing primarily in short-term, high-quality debt securities

- Money market instruments with strong credit ratings

- Generating income through accrual returns rather than capital appreciation

- Maintaining low duration to minimize interest rate sensitivity

- Focus on liquidity and capital safety for conservative investors

This approach makes it suitable for investors seeking stable returns with minimal volatility, particularly those looking for an alternative to savings accounts or fixed deposits with potentially better returns.

Fund Managers

The Bandhan Money Market Fund is managed by an experienced team of fund managers:

Mr. Brijesh Shah - Managing the fund since July 12, 2021. He holds a Post Graduate Diploma in Finance and carries over 10+ years of experience in the Fixed Income market. Prior to Bandhan Mutual Fund, he was a part of Mata Securities, Twenty-First Century, IDBI Asset Management Ltd.

Mr. Gautam Kaul - Managing the fund since December 1, 2021. He is an MBA in Finance from Pune University and has over 15 years of experience in the finance segment. His work portfolio includes his association with fund houses like Invesco, IDBI Asset Management, Sahara.

Both fund managers bring extensive experience in fixed income investing, which is crucial for managing money market instruments effectively.

About the Fund House (AMC)

Bandhan Mutual Fund was set up on March 13, 2000 and is one of the largest Mutual Fund houses in India's domestic market. In terms of Assets under Management (AUM), it is one of the largest players in the sector. As of March 2024, the fund house manages assets worth Rs. 137,193.31 crores.

Corporate History:

Bandhan Mutual Fund's history traces back to 2000 when it was founded as ANZ Grindlays Mutual Fund. In 2001, Standard Chartered Bank consolidated with ANZ Grindlays and rebranded the AMC as Standard Chartered India Mutual Fund. In March 2008, Standard Chartered Bank's mutual fund segment was taken over by the Infrastructure Development Finance Company (IDFC).

Recent Transformation:

April 2022 marked the acquisition of IDFC Asset Management Company by Bandhan along with a consortium. The consortium included Bandhan Financial Holdings Limited, Singapore's Sovereign Fund GIC, and ChrysCapital. Post the acquisition, the IDFC Mutual Fund was renamed Bandhan Mutual Fund in March 2023.

Current Standing:

- AUM size of Rs. 1,77,378 Cr as of June 30, 2025, with a total of 627 schemes

- Currently offers 76 mutual fund schemes diversified across debt, equity, hybrid, and other categories

- By AUM, it is among the top 10 asset managers in India

Should I Invest in Bandhan Money Market Fund?

Consider investing if you:

- Seek low-risk investment options with better returns than traditional savings

- Have a short to medium-term investment horizon (3 months to 2 years)

- Want to park surplus funds temporarily while maintaining liquidity

- Are a conservative investor prioritizing capital preservation

- Need an emergency fund option that offers reasonable returns

Key Investment Features:

- Risk Profile: Low interest rate risk and low credit risk

- Liquidity: Most mutual fund investments are highly 'liquid'. After placing the redemption request, you can expect your investment to land in your bank account within two-three business days

- Benchmark: NIFTY Money Market Index A-I (w.e.f. 1st April 2022)

- SIP Options: Monthly/Quarterly frequency available, with investor choice of any day except 29th, 30th and 31st

Investment Considerations:

- Suitable for risk-averse investors seeking stable returns

- Lower return potential compared to equity funds

- Interest rate changes can impact returns

- Better suited for short-term financial goals

FAQs

What is today's NAV of Bandhan Money Market Fund?

The NAV changes daily based on market conditions. You can check the current NAV on the Allvest platform or the fund's official website for real-time updates.

What is the AUM of Bandhan Money Market Fund?

The specific AUM for Bandhan Money Market Fund varies and can be found in the latest factsheet on the fund house website or investment platforms.

What is the expense ratio of Bandhan Money Market Fund?

The expense ratio details are available in the scheme information document and factsheets, typically ranging between 0.15% to 0.30% for money market funds.

What are the returns of Bandhan Money Market Fund since inception?

Returns vary based on market conditions and interest rate cycles. Historical performance data is available on the fund factsheet and investment platforms.

What is the minimum SIP amount to invest in Bandhan Money Market Fund?

SIP frequency options include monthly/quarterly with flexible date selection, though specific minimum amounts should be verified on current scheme documents.

How do I invest in Bandhan Money Market Fund?

You can invest through Allvest's platform by completing KYC requirements, selecting the fund, choosing investment amount, and setting up payment methods for seamless transactions.

How to start a SIP in Bandhan Money Market Fund?

Log into your Allvest account, navigate to the fund page, select 'Start SIP', choose your preferred amount and frequency, and set up auto-debit instructions.

How do I automate an SIP in Bandhan Money Market Fund?

Through Allvest, set up an auto-debit mandate with your bank account during SIP registration. This ensures automatic monthly deductions without manual intervention.

How can I withdraw/redeem my investment in Bandhan Money Market Fund?

Submit a redemption request through Allvest platform or fund house website. Funds typically reach your bank account within two-three business days after processing.