Bandhan Money Market Fund vs Axis Money Market Fund
Bandhan Money Market Fund (Direct) and Axis Money Market Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Money Market Fund schemes — see the best money market mutual funds for the full ranking.
Head to head
NAVs as of 24 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 07 Aug 2019 – 24 Sep 2026, limited by Axis Money Market Fund. Every series is rebased to ₹100 at the start of this window.
View as table
| Date | Bandhan Money Market Fund | Axis Money Market Fund |
|---|---|---|
| 07 Aug 2019 | ₹100.00 | ₹100.00 |
| 11 Mar 2020 | ₹103.88 | ₹104.20 |
| 14 Oct 2020 | ₹107.80 | ₹108.53 |
| 19 May 2021 | ₹110.14 | ₹111.09 |
| 22 Dec 2021 | ₹112.42 | ₹113.59 |
| 27 Jul 2022 | ₹115.00 | ₹116.33 |
| 02 Mar 2023 | ₹119.14 | ₹120.62 |
| 05 Oct 2023 | ₹124.65 | ₹126.26 |
| 09 May 2024 | ₹130.25 | ₹132.00 |
| 12 Dec 2024 | ₹136.08 | ₹137.99 |
| 17 Jul 2025 | ₹143.02 | ₹145.05 |
| 19 Feb 2026 | ₹148.08 | ₹150.16 |
| 24 Sep 2026 | ₹154.16 | ₹156.30 |
| Metric | Bandhan · Direct NAV ₹47.33 Low risk ★★★★☆ | Axis · Direct NAV ₹1,565.75 Low risk ★★★☆☆ | Category median Money Market Fund · 28 funds |
|---|---|---|---|
| +6.66% | +6.63% | +6.55% | |
| +7.42% | +7.46% | +7.38% | |
| +6.69% | +6.77% | +6.66% | |
| +6.51% | — | +6.72% | |
| +7.22%Best in row | +6.46% | +7.08% | |
| +7.22% | +7.26% | — | |
| +6.95%Best in row | +6.37% | +6.98% | |
| +6.69%Best in row | +6.33% | +6.69% | |
| +6.83% | — | +6.95% | |
| Risk | |||
| -1.31% | -1.19%Best in row | -0.77% | |
| 0.10%Best in row | 0.18% | 0.17% | |
| ₹15,106Cr | ₹19,509Cr | ₹4,207Cr | |
| Brijesh Shah · 5.2y | Aditya Pagaria · 7.1y | — | |
| 02 Jan 2013 | 07 Aug 2019 | — | |
| 1.7% | -0.3% | — | |
15 rows carry the same value for every fund — show
- Volatility
- 0.42%
- Sharpe
- —
- Sortino
- —
- Benchmark
- —
- Alpha
- —
- Beta
- —
- Upside capture
- —
- Downside capture
- —
- Exit load
- None
- Lock-in
- None
- Min SIP
- ₹100
- Min lumpsum
- ₹100
- Portfolio turnover
- —
- Holdings
- —
- Top 10 weight
- —
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Bandhan Money Market Fund or Axis Money Market Fund?
Over the last 3 years, Axis Money Market Fund returned +7.46% CAGR against Bandhan Money Market Fund's +7.42%, computed from AMFI NAV history. Over 5 years: Bandhan Money Market Fund +6.69% vs Axis Money Market Fund +6.77% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — Bandhan Money Market Fund or Axis Money Market Fund?
Bandhan Money Market Fund has the lower expense ratio: Bandhan Money Market Fund charges 0.10% a year against Axis Money Market Fund's 0.18%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Bandhan Money Market Fund or Axis Money Market Fund?
Axis Money Market Fund has shown higher volatility (+0.42% annualized vs Bandhan Money Market Fund's +0.42%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Bandhan Money Market Fund -0.16% vs Axis Money Market Fund -0.14%.
Which fund manages more money — Bandhan Money Market Fund or Axis Money Market Fund?
Axis Money Market Fund is the larger fund: Bandhan Money Market Fund manages ₹15,106Cr against Axis Money Market Fund's ₹19,509Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Bandhan Money Market Fund and Axis Money Market Fund in the same category?
Yes — both are Money Market Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.