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.
₹10.27
NAV as on 21 May 2025
2.75%/per year
Since Inception
▲▼
3 people have invested ₹ 10.3K in Bank of India Money Market Fund Direct Growth in the last three months
Fund Performance
as on (21-May-25)
Peer comparison
Bank of India Money Market Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
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%
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 ratio | 0.12% |
Benchmark | CRISIL Money Market A-I TR INR |
| AUM | ₹124 Cr |
| Inception Date | 4 February, 2025 |
| Min Lumpsum/SIP | ₹5000/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   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
- 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.
- The fund has an expense ratio 0.1.
Returns
Bank of India Money Market Fund Direct Growth has given a CAGR return of 2.75% since inception.
Holdings
Bank of India Money Market Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Aditya Birla Finance Limited, Export Import Bank Of India (20/03/2026), NTPC Ltd., Axis Bank Limited, 364 DTB 15012026
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.
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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?
What are the average returns of Bank of India Money Market Fund Direct Growth?
Bank of India Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
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?
- 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?
What is net assets under management (AUM) of Bank of India Money Market Fund Direct Growth?
What are the top 5 holdings of Bank of India Money Market Fund Direct Growth?
What are the top 3 sectors that this Bank of India Money Market Fund Direct Growth has invested in?
What is the yield to maturity ratio of Bank of India Money Market Fund Direct Growth?
What is the modified duration of Bank of India Money Market Fund Direct Growth?
What is the credit rating breakup of Bank of India Money Market Fund Direct Growth?
AAA | 100 |