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bajaj finserv money market fund direct growth
Bajaj Finserv Money Market Fund Direct Growth

Bajaj Finserv Money Market Fund Direct Growth

  • Moderate Risk
  • Fixed Income
  • Money Market
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NAV as on Apr 24, 2025
i
Price per unit of the scheme.
₹ 1,147.13110.04%1 Day Change
1.09%
Minimum Investment₹1000
Expense Ratio--

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Bajaj Finserv Money Market Fund Direct Growth
VS
Fixed Income: Money Market Average NAV
    Topper in Fixed Income: Money Market
    Tata Money Market Fund Direct Plan Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Bajaj Finserv Money Market Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty Money Market Index PR INR
    Expense Ratio
    -%
    Category Avg Expense Ratio
    0.21%
    Minimum Investment (Lumpsum/SIP)
    ₹ 1000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 3,185.91 Cr(As on Mar, 2025)
    Inception Date
    Jul 27, 2023
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is to generate regular income through investment in a portfolio comprising of money market instruments.

    Bajaj Finserv Money Market Fund Direct Growth is an Fixed Income - Money Market fund. The fund was launched inJul 27, 2023. Its risk level is . The NAV of the fund as onApr 24, 2025 is ₹1,147.13. Its expense ratio is - %. The fund has an AUM of ₹3,185.91 Cr.The fund is managed bySiddharth Chaudhary,Nimesh Chandan.
    The minimum initial investment is  ₹1000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Siddharth Chaudhary
    Siddharth Chaudhary
    i
    Lead Fund Manager.
    Jul 24, 2023 - Present
    • Fund Manager Rank--Out of 20
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed6
    • Total AUM₹ 14,426.20 Cr
    • Highest Return In 1 Yr12.01 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Bajaj Finserv Multi Asset Allocation Fund Direct Growth
    --
    ₹ 10.84
    3.38%
    -%
    Very High Risk
    ₹1,127.87Cr
    Bajaj Finserv Money Market Fund Direct Growth
    --
    ₹ 1,147.13
    1.09%
    0.88%
    Moderate Risk
    ₹3,185.91Cr
    Bajaj Finserv Flexi Cap Fund Direct Growth
    --
    ₹ 13.86
    3.57%
    2.32%
    Very High Risk
    ₹4,188.42Cr
    Bajaj Finserv Multi Asset Allocation Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.84
    • Fund Size₹1,127.87Cr
    Fund Return3.38%
    Category Return--
    Bajaj Finserv Money Market Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,147.13
    • Fund Size₹3,185.91Cr
    Fund Return1.09%
    Category Return0.88%
    Bajaj Finserv Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 13.86
    • Fund Size₹4,188.42Cr
    Fund Return3.57%
    Category Return2.32%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Nimesh Chandan
    Nimesh Chandan
    i
    Lead Fund Manager.
    Jul 24, 2023 - Present
    • Schemes managed6
    • Total AUM₹ 14,426.20 Cr
    • Highest Return In 1 Yr12.01 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Bajaj Finserv Multi Asset Allocation Fund Direct Growth
    --
    ₹ 10.84
    3.38%
    -%
    Very High Risk
    ₹1,127.87Cr
    Bajaj Finserv Money Market Fund Direct Growth
    --
    ₹ 1,147.13
    1.09%
    0.88%
    Moderate Risk
    ₹3,185.91Cr
    Bajaj Finserv Flexi Cap Fund Direct Growth
    --
    ₹ 13.86
    3.57%
    2.32%
    Very High Risk
    ₹4,188.42Cr
    Bajaj Finserv Multi Asset Allocation Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.84
    • Fund Size₹1,127.87Cr
    Fund Return3.38%
    Category Return--
    Bajaj Finserv Money Market Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,147.13
    • Fund Size₹3,185.91Cr
    Fund Return1.09%
    Category Return0.88%
    Bajaj Finserv Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 13.86
    • Fund Size₹4,188.42Cr
    Fund Return3.57%
    Category Return2.32%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Mar, 2025
    EQUITY (-%)
    DEBT (17.37%)
    CASH (82.40%)
    Allocation by Market Cap
    Other Cap(0.22%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
      ----
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
      ----
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      -0.75
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      41.96
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      2.99
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      --
      This Fund
      VS
      0.03
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      --
      This Fund
      VS
      0.41
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      --
      This Fund
      VS
      0.66
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Franklin India Money Market Fund Direct GrowthFranklin India Money Market Fund Direct Growth
    ₹ 51.25
    1.13%
    0.88%
    Low to Moderate Risk
    ₹ 2,547.13 Cr
    ICICI Prudential Money Market Fund Direct Plan GrowthICICI Prudential Money Market Fund Direct Plan Growth
    ₹ 379.70
    1.11%
    0.88%
    Moderate Risk
    ₹ 24,183.52 Cr
    Axis Money Market Fund Direct GrowthAxis Money Market Fund Direct Growth
    ₹ 1,427.34
    1.10%
    0.88%
    Low to Moderate Risk
    ₹ 14,611.11 Cr
    PGIM India Money Market Fund Direct GrowthPGIM India Money Market Fund Direct Growth
    ₹ 1,351.52
    1.10%
    0.88%
    Low to Moderate Risk
    ₹ 161.03 Cr
    Nippon India Money Market Fund Direct Plan Growth OptionNippon India Money Market Fund Direct Plan Growth Option
    ₹ 4,155.20
    1.10%
    0.88%
    Low to Moderate Risk
    ₹ 15,229.55 Cr
    Mirae Asset Money Market Fund Direct GrowthMirae Asset Money Market Fund Direct Growth
    --
    ₹ 1,262.84
    1.10%
    0.88%
    Low to Moderate Risk
    ₹ 2,196.81 Cr
    Franklin India Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 51.25
    • Fund Size₹ 2,547.13 Cr
    Fund Return1.13%
    Category Return0.88%
    ICICI Prudential Money Market Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 379.70
    • Fund Size₹ 24,183.52 Cr
    Fund Return1.11%
    Category Return0.88%
    Axis Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 1,427.34
    • Fund Size₹ 14,611.11 Cr
    Fund Return1.10%
    Category Return0.88%
    PGIM India Money Market Fund Direct Growth
    Low to Moderate Risk
    • NAV₹ 1,351.52
    • Fund Size₹ 161.03 Cr
    Fund Return1.10%
    Category Return0.88%
    Nippon India Money Market Fund Direct Plan Growth Option
    Low to Moderate Risk
    • NAV₹ 4,155.20
    • Fund Size₹ 15,229.55 Cr
    Fund Return1.10%
    Category Return0.88%
    Mirae Asset Money Market Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,262.84
    • Fund Size₹ 2,196.81 Cr
    Fund Return1.10%
    Category Return0.88%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Bajaj Finserv Flexi Cap Fund Direct GrowthBajaj Finserv Flexi Cap Fund Direct Growth
    --
    ₹ 13.86
    3.57%
    2.32%
    Very High Risk
    ₹ 4,188.42 Cr
    Bajaj Finserv Multi Asset Allocation Fund Direct GrowthBajaj Finserv Multi Asset Allocation Fund Direct Growth
    --
    ₹ 10.84
    3.38%
    --
    Very High Risk
    ₹ 1,127.87 Cr
    Bajaj Finserv Large Cap Fund Direct GrowthBajaj Finserv Large Cap Fund Direct Growth
    --
    ₹ 9.65
    2.32%
    2.47%
    Very High Risk
    ₹ 1,376.73 Cr
    Bajaj Finserv Money Market Fund Direct GrowthBajaj Finserv Money Market Fund Direct Growth
    --
    ₹ 1,147.13
    1.09%
    0.88%
    Moderate Risk
    ₹ 3,185.91 Cr
    Bajaj Finserv Liquid Fund Direct GrowthBajaj Finserv Liquid Fund Direct Growth
    --
    ₹ 1,137.76
    0.71%
    0.55%
    Low to Moderate Risk
    ₹ 4,200.75 Cr
    Bajaj Finserv Overnight Fund Direct GrowthBajaj Finserv Overnight Fund Direct Growth
    --
    ₹ 1,124.14
    0.52%
    --
    Low Risk
    ₹ 346.52 Cr
    Bajaj Finserv Flexi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 13.86
    • Fund Size₹ 4,188.42 Cr
    1 Month Return3.57%
    Category Return2.32%
    Bajaj Finserv Multi Asset Allocation Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.84
    • Fund Size₹ 1,127.87 Cr
    1 Month Return3.38%
    Category Return--
    Bajaj Finserv Large Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 9.65
    • Fund Size₹ 1,376.73 Cr
    1 Month Return2.32%
    Category Return2.47%
    Bajaj Finserv Money Market Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,147.13
    • Fund Size₹ 3,185.91 Cr
    1 Month Return1.09%
    Category Return0.88%
    Bajaj Finserv Liquid Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,137.76
    • Fund Size₹ 4,200.75 Cr
    1 Month Return0.71%
    Category Return0.55%
    Bajaj Finserv Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,124.14
    • Fund Size₹ 346.52 Cr
    1 Month Return0.52%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Bajaj Finserv Asset Management Limited
    Bajaj Finserv Asset Management Limited manages assets worth ₹ 20,972.90 crores. It’s current offering of mutual fund schemes includes 8 equity, 3 debt and 2 hybrid schemes.
    phone icon
    Phone
    +91 2071576064
    mail icon
    Email
    aum
    AUM
    ₹ 20,972.90 Cr (
    As on Mar 31, 2025
    )
    location
    Address
    India ,

    bt_logoFAQ's

    What is the category of Bajaj Finserv Money Market Fund Direct Growth ?
    The category of Bajaj Finserv Money Market Fund Direct Growth is Fixed Income - Money Market
    What is the current NAV of Bajaj Finserv Money Market Fund Direct Growth ?
    The current NAV of Bajaj Finserv Money Market Fund Direct Growth as on Apr 24, 2025 is ₹1,147.13
    How safe is Bajaj Finserv Money Market Fund Direct Growth ?
    The risk level of Bajaj Finserv Money Market Fund Direct Growth is Moderate.
    What are short term returns given by Bajaj Finserv Money Market Fund Direct Growth ?
    The return given by Bajaj Finserv Money Market Fund Direct Growth in 1 month is 1.09%, 3 months is 2.43%, 6 months is 4.27%, and 1 year is 8.15%
    What are the long term returns given by Bajaj Finserv Money Market Fund Direct Growth ?
    The return given by Bajaj Finserv Money Market Fund Direct Growth in 3 years is -- and 5 years is --.
    What is the expense ratio of Bajaj Finserv Money Market Fund Direct Growth ?
    The expense ratio of Bajaj Finserv Money Market Fund Direct Growth is --
    What is the AUM of Bajaj Finserv Money Market Fund Direct Growth ?
    The assets under Management (AUM) of Bajaj Finserv Money Market Fund Direct Growth is Rs 3,185.91 crores.
    What is the minimum investment in Bajaj Finserv Money Market Fund Direct Growth ?
    The minimum Lumpsum investment in Bajaj Finserv Money Market Fund Direct Growth is ₹1,000.00 and the minimum SIP investment in Bajaj Finserv Money Market Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Bajaj Finserv Money Market Fund Direct Growth?
    Bajaj Finserv Money Market Fund Direct Growth has an exposure of 17.37% in Debt and 82.40% in Cash & Money Market Securities

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