• Mutual Funds
  • Bandhan Mutual Funds
  • Bandhan Money Manager Fund (PIDCW-M)

Formerly IDFC Money Manager Reg Mn IDCW-P

Bandhan Mutual Funds

Bandhan Money Manager Fund (PIDCW-M)

DebtMoney Market

10.3056

NAV (Mar 27)

1.8%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

Money market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.3056

NAV (Mar 27)

Fund Returns

Last 1Y
0%
Last 3Y
1.8%
Last 5Y
2.9%
Last 10Y
2.9%
Since Inception
4.3%
6 Month CAGR
0.1%

Scheme Information

Investment Objective

To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.

Expense Ratio
0.98
Launched (21y ago)
Feb 18, 2003
AUM in Crores
4766.033
ISIN
INF194K01LO9
Lock-in
No Lock-in
Benchmark
Nifty Money Market TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.7
Standard Deviation (5yr)
0.8
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-3.585
Sharpe Ratio (5yr)
-2.206
YTM
7.74
Fund Managers

Gautam Kaul

Fund Manager

Sreejith Balasubramanian

Fund Manager

Brijesh Shah

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Money Manager Fund (PIDCW-M)70%7,84,936 52,3242.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-03-27

Top Debt Holdings

icici bank ltd.

4.9%
4.9%

national bank for agriculture and rural development

4.9%
4.9%

hdfc bank ltd.

3.9%
3.9%

triparty repo

3.8%
3.8%

small industries development bank of india

3.4%
3.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 141,470 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 38 equity,214 debt and 27 hybrid funds.amc-img
phone-img022-66289999
Fund NameScripbox Opinion
Till Date CAGR

5.2%

5.2%

2.6%

2.7%

2.6%

2.7%

2.6%

2.7%

4.9%

7.7%

Bandhan Money Manager Fund (PIDCW-M) Review

Bandhan Money Manager Fund (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 4.3% over a period of 21 years. The fund was previously known as IDFC Money Manager Reg Mn IDCW-P. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Brijesh Shah, Gautam Kaul, Sreejith Balasubramanian.

Nav of Bandhan Money Manager Fund (PIDCW-M) as of 3/27/2024 is ₹10.31 with the total AUM as of 3/28/2024 is ₹4766.033. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Money Manager Fund (PIDCW-M) was launched on Feb 18, 2003. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Bandhan Money Manager Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bandhan Money Manager Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.

Bandhan Money Manager Fund (PIDCW-M) is rated as a 2 fund in Debt and delivered 0% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Money Manager Fund (PIDCW-M).

Frequently Asked Questions

What is Bandhan Money Manager Fund (PIDCW-M)?

Bandhan Money Manager Fund (PIDCW-M) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bandhan Money Manager Fund (PIDCW-M)?

You can invest in Bandhan Money Manager Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bandhan Money Manager Fund (PIDCW-M)?

The minimum sip amount for Bandhan Money Manager Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Bandhan Money Manager Fund (PIDCW-M) good to invest in?

As per Scripbox experts, Bandhan Money Manager Fund (PIDCW-M) is a Neutral fund. You can investBandhan Money Manager Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bandhan Money Manager Fund (PIDCW-M)?

The expense ratio of the Bandhan Money Manager Fund (PIDCW-M) is 0.98% for regular plan.