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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 09 Nov 2026

Bandhan Money Market FundDirectAxis Money Market FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 07 Aug 2019 – 09 Nov 2026, limited by Axis Money Market Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateBandhan Money Market FundAxis Money Market Fund
07 Aug 2019₹100.00₹100.00
15 Mar 2020₹103.70₹104.05
22 Oct 2020₹107.90₹108.64
31 May 2021₹110.25₹111.23
07 Jan 2022₹112.65₹113.83
16 Aug 2022₹115.31₹116.65
25 Mar 2023₹119.75₹121.26
31 Oct 2023₹125.21₹126.83
08 Jun 2024₹130.96₹132.75
15 Jan 2025₹136.94₹138.86
24 Aug 2025₹143.81₹145.84
02 Apr 2026₹148.96₹150.99
09 Nov 2026₹155.22₹157.39

What differs, in plain wordsAI

Bandhan Money Market Fund, Axis Money Market Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Money Market Fund median.
Metric
Bandhan · Direct
NAV ₹47.66
Low risk
★★★★★
Axis · Direct
NAV ₹1,576.66
Low risk
★★★☆☆
Category median
Money Market Fund · 27 funds
+6.55%+6.53%+6.44%
+7.36%+7.39%+7.31%
+6.75%+6.83%+6.72%
+6.47%—+6.69%
+7.20%+6.45%+7.04%
+7.16%+7.20%—
+6.96%Best in row+6.39%+6.99%
+6.70%Best in row+6.35%+6.70%
+6.83%—+6.95%
Risk
0.42%0.43%0.43%
-1.31%-1.19%-0.77%
0.11%Best in row0.18%0.17%
₹14,416Cr₹20,440Cr₹4,368Cr
Brijesh Shah · 5.3yDevang Shah · 7.3y—
18 Feb 200306 Aug 2019—
9.7%2.3%—
14 rows carry the same value for every fund — show
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 +7.39% CAGR against Bandhan Money Market Fund's +7.36%, computed from AMFI NAV history. Over 5 years: Bandhan Money Market Fund +6.75% vs Axis Money Market Fund +6.83% 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 0.11% 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 (+0.43% 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 ₹14,416Cr against Axis Money Market Fund's ₹20,440Cr 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.