- Mutual Funds
- Bandhan Mutual Funds
- Bandhan Money Manager Fund (RIDCW-W)
Formerly IDFC Money Manager Reg Wk IDCW-R
Bandhan Money Manager Fund (RIDCW-W)
₹ 10.1271
NAV (May 31)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.1271
NAV (May 31)
Fund Returns
Last 1Y | 3% |
Last 3Y | 3% |
Last 5Y | 3.7% |
Last 10Y | 3.5% |
Since Inception | 4.5% |
6 Month CAGR | 0.8% |
Scheme Information
To generate stable returns with a low risk strategy by creating a portfolio that is substantially invested in money market instruments.
Expense Ratio | 0.93 |
Launched (20y ago) | Feb 18, 2003 |
AUM in Crores | 2776.457 |
ISIN | INF194K01LQ4 |
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) | 0.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -1.299 |
Sharpe Ratio (5yr) | -1.755 |
YTM | 7.47 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bandhan Money Manager Fund (RIDCW-W) | 8,00,237 | 67,625 | 3.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
small industries development bank of india
6.2%axis bank limited
5.9%182 Days Treasury Bill 14-09-2023
5.2%kotak mahindra bank limited (formerly kotak mahindra finance limited)
5.1%182 Days Treasury Bill 29-09-2023
4.4%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 51,579 cr | ||
₹ 14,509 cr | ||
₹ 8,475 cr | ||
₹ 14,524 cr | ||
₹ 17,853 cr |
About the AMC
Bandhan Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 4.9% | ||
- | 4.8% | ||
- | 4.8% | ||
- | 4.8% | ||
43.9% | 16.3% |
Bandhan Money Manager Fund (RIDCW-W) Review
Bandhan Money Manager Fund (RIDCW-W) is a Money Market Debt fund and has delivered an annualised return of 4.5% over a period of 20 years. The fund was previously known as IDFC Money Manager Reg Wk IDCW-R. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Brijesh Shah, Gautam Kaul.
Nav of Bandhan Money Manager Fund (RIDCW-W) as of 5/31/2023 is ₹10.13 with the total AUM as of 6/1/2023 is ₹2776.457. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Money Manager Fund (RIDCW-W) 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 (RIDCW-W) 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 (RIDCW-W) 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 (RIDCW-W) is rated as a 2 fund in Debt and delivered 3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Money Manager Fund (RIDCW-W).
Frequently Asked Questions
What is Bandhan Money Manager Fund (RIDCW-W)?
How to invest in Bandhan Money Manager Fund (RIDCW-W)?
You can invest in Bandhan Money Manager Fund (RIDCW-W) 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 (RIDCW-W)?
The minimum sip amount for Bandhan Money Manager Fund (RIDCW-W) is ₹1000. You can invest in multiples of ₹5000.
Is Bandhan Money Manager Fund (RIDCW-W) good to invest in?
As per Scripbox experts, Bandhan Money Manager Fund (RIDCW-W) is a Neutral fund. You can investBandhan Money Manager Fund (RIDCW-W) 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 (RIDCW-W)?
The expense ratio of the Bandhan Money Manager Fund (RIDCW-W) is 0.93% for regular plan.