Bank of India Money Market Fund Direct Growth

Bank of India Money Market Fund Direct Growth

Get the latest NAV of Bank of India Money Market Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.26

0.1%1D

NAV as on 16 May 2025

2.6%/per year

Since Inception

Absolute Gain%

3 people have invested ₹ 10.3K in Bank of India Money Market Fund Direct Growth in the last three months

Fund Performance

as on (16-May-25)

Period
This Fund
Money Market Index
1 Month
0.62%
0.51%
3 Months
2.39%
1.96%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Bank of India Money Market Fund
-
124Cr
0.12%
-
-
2.6%
Baroda BNP Paribas Money Market Fund Direct Growth
2/17
1,219Cr
0.23%
7.99%
7.06%
5.7%
HDFC Money Market Fund Direct Growth
9/17
30,273Cr
0.23%
8.16%
7.46%
7.37%
Tata Money Market Fund Direct Growth
10/17
30,065Cr
0.16%
8.27%
7.62%
6.78%

Bank of India Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit


Total Corpus

0

Absolute Return

Bank of India Money Market Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 100%

AAA
100%

Bank of India Money Market Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 100%

Bank of India Money Market Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.12%
Benchmark
CRISIL Money Market A-I TR INR
AUM₹124 Cr
Inception Date4 February, 2025
Min Lumpsum/SIP₹5000/--
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About Bank of India Money Market Fund

Bank of India Money Market Fund Direct Growth is a debt fund. This fund was started on 4 February, 2025. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Bank of India Money Market Fund Direct Growth has ₹124 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Bank of India Money Market Fund Direct Growth has given a CAGR return of 2.60% since inception.

Holdings

Bank of India Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank Of India, Kotak Mahindra Bank Limited, Aditya Birla Finance Limited, 364 DTB 15012026, Export Import Bank Of India (20/03/2026)

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Bank of India Money Market Fund Direct Growth

The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Bank of India Money Market Fund Direct Growth has no lock in period.

Learn more about BOI AXA Mutual Fund

Frequently Asked Questions for Bank of India Money Market Fund Direct Growth

What is the current NAV of Bank of India Money Market Fund Direct Growth?

The current NAV of Bank of India Money Market Fund Direct Growth is ₹10.26 as on 16-May-2025.

What are the average returns of Bank of India Money Market Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
Bank of India Money Market Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%

How do I invest in Bank of India Money Market Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Bank of India Money Market Fund Direct Growth?

0.12% as on April 2025

What is net assets under management (AUM) of Bank of India Money Market Fund Direct Growth?

₹124 Cr as on April 2025

What are the top 5 holdings of Bank of India Money Market Fund Direct Growth?

Small Industries Development Bank Of India(21.14%), Kotak Mahindra Bank Limited(17.66%), Aditya Birla Finance Limited(17.58%), 364 DTB 15012026(10.67%), Export Import Bank Of India (20/03/2026)(10.5%) as on April 2025

What are the top 3 sectors that this Bank of India Money Market Fund Direct Growth has invested in?

Corporate(53.42%), Cash Equivalent(23.57%), Government(23.01%) as on April 2025

What is the yield to maturity ratio of Bank of India Money Market Fund Direct Growth?

Yield to Maturity is 6.67 as on April 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.

What is the modified duration of Bank of India Money Market Fund Direct Growth?

Modified Duration is 0.75 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Bank of India Money Market Fund Direct Growth?

AAA
100

What is the exit load of Bank of India Money Market Fund Direct Growth?

The Exit load of Bank of India Money Market Fund Direct Growth is 0%