Bank of India Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (27-Mar-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹170 Cr
Expense Ratio
0.12%
ISIN
INF761K01GO5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
04 Feb 2025
About this fund
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹10.12, Assets Under Management (AUM) of 170.14 Crores, and an expense ratio of 0.12%.
- Bank of India Money Market Fund Direct Growth has given a CAGR return of 1.18% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 11.21% in debts, and 88.79% in cash & cash equivalents.
- You can start investing in Bank of India Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+1.18%
— (Cat Avg.)
Portfolio Summaryas of 15th March 2025
| Debt | ₹19.07 Cr | 11.21% |
| Others | ₹151.07 Cr | 88.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹28.07 Cr | 16.60% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹23.45 Cr | 13.87% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.39 Cr | 13.84% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹23.35 Cr | 13.81% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹18.36 Cr | 10.86% |
| Repo | Cash - Repurchase Agreement | ₹16.59 Cr | 9.81% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹14.22 Cr | 8.41% |
| Indian Bank | Cash - CD/Time Deposit | ₹9.39 Cr | 5.56% |
| Bank of Baroda | Bond - Corporate Bond | ₹4.73 Cr | 2.80% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹4.68 Cr | 2.77% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-4.08 Cr | 2.42% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹3.95 Cr | 2.34% |
| Indian Bank | Cash - CD/Time Deposit | ₹2.96 Cr | 1.75% |
| Treps | Cash - Repurchase Agreement | ₹0.02 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹114.25 Cr | 67.58% |
| Cash - Commercial Paper | ₹23.35 Cr | 13.81% |
| Cash - Repurchase Agreement | ₹16.61 Cr | 9.82% |
| Bond - Gov't/Treasury | ₹14.22 Cr | 8.41% |
| Bond - Corporate Bond | ₹4.73 Cr | 2.80% |
| Cash - Collateral | ₹-4.08 Cr | 2.42% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.62%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.26
Higher the better
Fund Managers
Mithraem Bharucha
Since February 2025
Additional Scheme Detailsas of 15th March 2025
ISIN INF761K01GO5 | Expense Ratio 0.12% | Exit Load No Charges | Fund Size ₹170 Cr | Age 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1378.11 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹197.96 Cr | 7.5% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹197.96 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹88.71 Cr | 7.6% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹88.71 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹19.94 Cr | 6.4% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹19.94 Cr | 5.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26845.19 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2599.25 Cr | 7.7% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27929.77 Cr | 7.7% |
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Bank of India Money Market Fund Direct Growth?
What is the portfolio composition of Bank of India Money Market Fund Direct Growth?
Who manages the Bank of India Money Market Fund Direct Growth?
- Mithraem Bharucha
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Bank of India Money Market Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (27-Mar-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹170 Cr
Expense Ratio
0.12%
ISIN
INF761K01GO5
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
04 Feb 2025
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹10.12, Assets Under Management (AUM) of 170.14 Crores, and an expense ratio of 0.12%.
- Bank of India Money Market Fund Direct Growth has given a CAGR return of 1.18% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 11.21% in debts, and 88.79% in cash & cash equivalents.
- You can start investing in Bank of India Money Market Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+1.18%
— (Cat Avg.)
Portfolio Summaryas of 15th March 2025
| Debt | ₹19.07 Cr | 11.21% |
| Others | ₹151.07 Cr | 88.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹28.07 Cr | 16.60% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹23.45 Cr | 13.87% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.39 Cr | 13.84% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹23.35 Cr | 13.81% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹18.36 Cr | 10.86% |
| Repo | Cash - Repurchase Agreement | ₹16.59 Cr | 9.81% |
| 364 DTB 15012026 | Bond - Gov't/Treasury | ₹14.22 Cr | 8.41% |
| Indian Bank | Cash - CD/Time Deposit | ₹9.39 Cr | 5.56% |
| Bank of Baroda | Bond - Corporate Bond | ₹4.73 Cr | 2.80% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹4.68 Cr | 2.77% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-4.08 Cr | 2.42% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹3.95 Cr | 2.34% |
| Indian Bank | Cash - CD/Time Deposit | ₹2.96 Cr | 1.75% |
| Treps | Cash - Repurchase Agreement | ₹0.02 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹114.25 Cr | 67.58% |
| Cash - Commercial Paper | ₹23.35 Cr | 13.81% |
| Cash - Repurchase Agreement | ₹16.61 Cr | 9.82% |
| Bond - Gov't/Treasury | ₹14.22 Cr | 8.41% |
| Bond - Corporate Bond | ₹4.73 Cr | 2.80% |
| Cash - Collateral | ₹-4.08 Cr | 2.42% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
0.62%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
-0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.26
Higher the better
Fund Managers
Mithraem Bharucha
Since February 2025
Additional Scheme Detailsas of 15th March 2025
ISIN INF761K01GO5 | Expense Ratio 0.12% | Exit Load No Charges | Fund Size ₹170 Cr | Age 1 month | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1378.11 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹197.96 Cr | 7.5% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹197.96 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹88.71 Cr | 7.6% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹88.71 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹19.94 Cr | 6.4% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹19.94 Cr | 5.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26845.19 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2599.25 Cr | 7.7% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27929.77 Cr | 7.7% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Bank of India Money Market Fund Direct Growth?
What is the portfolio composition of Bank of India Money Market Fund Direct Growth?
Who manages the Bank of India Money Market Fund Direct Growth?
- Mithraem Bharucha
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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