Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the Bank of India Money Market Fund - Direct Growth plan is approximately ₹10.2142 as of Apr 23, 2025.

Question 2

How much does Bank of India Money Market Fund charge as the expense ratio?

Accepted Answer

The Bank of India Money Market Fund - Direct Growth has an expense ratio of 0.12%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 3

What is the AUM or size of Bank of India Money Market Fund?

Accepted Answer

The Bank of India Money Market Fund currently has assets under management (AUM) or fund size valued at approximately ₹159 Crs crore as of Mar 31, 2025.

Question 4

To whom does Bank of India Money Market Fund lend to?

Accepted Answer

The top 3 debt holdings of Bank of India Money Market Fund are as follows

Holding Name	Percentage of Portfolio
Small Industries Devp. Bank of India Ltd.	17.82%
Kotak Mahindra Bank Ltd.	14.88%
National Bank For Agriculture & Rural Development	14.85%

Question 5

What is the quality of borrowers Bank of India Money Market Fund lends to?

Accepted Answer

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Bank of India Money Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	97.45%
SOV	12.02%
Cash & Call Money	-9.47%

Question 6

What is the risk level of Bank of India Money Market Fund?

Accepted Answer

This is a Money Market fund comes with Low to Moderate risk.

Question 7

Is there any lock-in period in Bank of India Money Market Fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 8

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

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Bank of India Money Market Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Bank of India Money Market Fund is complete.

Question 9

How can I redeem my investments in Bank of India Money Market Fund?

Accepted Answer

Redeeming your investments in Bank of India Money Market Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Bank of India Money Market Fund from anywhere else, you can go to the fund house website and put a request through it.

VRO rating	N.A.
Expense ratio	0.12% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹159 Crs
Lock-in	No Lockin
Age	2 m since Jan 28, 2025
Benchmark	CRISIL Money Market A-I Index
Min. investment	Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Bank of India Money Market Fund	N.A.	₹159 Crs	2 m	0.12%
UTI Money Market Fund	N.A.	₹16,265 Crs	12 yrs 3 m	0.14%
Nippon India Money Market Fund	N.A.	₹15,230 Crs	12 yrs 3 m	0.25%
PGIM India Money Market Fund	N.A.	₹161 Crs	5 yrs 1 m	0.2%
Sundaram Money Market Fund	N.A.	₹1,292 Crs	6 yrs 7 m	0.16%
Axis Money Market Fund	N.A.	₹14,611 Crs	5 yrs 8 m	0.16%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Bank of India Money Market Fund	1.05%	N.A.	N.A.	N.A.	N.A.	N.A.
UTI Money Market Fund	1.06%	4.22%	8.12%	7.29%	6.21%	6.94%
Nippon India Money Market Fund	1.07%	4.21%	8.12%	7.33%	6.21%	6.95%
PGIM India Money Market Fund	1.06%	4.11%	7.93%	7.19%	6.02%	3.05%
Sundaram Money Market Fund	1.05%	4.18%	8.01%	7.07%	5.78%	4.07%
Axis Money Market Fund	1.07%	4.23%	8.19%	7.31%	6.24%	3.6%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Bank of India Money Market Fund	N.A.	N.A.	N.A.	N.A.
UTI Money Market Fund	0.46	1.0	1.59	1.65
Nippon India Money Market Fund	0.46	0.98	1.69	1.8
PGIM India Money Market Fund	0.42	0.9	1.5	1.82
Sundaram Money Market Fund	0.41	0.88	1.25	1.52
Axis Money Market Fund	0.49	1.08	1.54	1.54

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Bank of India Short Term Income Fund	N.A.	₹114 Crs	11.08%	9.9%
Bank of India Liquid Fund	N.A.	₹1,524 Crs	7.37%	6.92%
Bank of India Ultra Short Duration Fund	N.A.	₹155 Crs	7.46%	6.61%
Bank of India Overnight Fund	N.A.	₹41 Crs	6.67%	6.43%
Bank of India Credit Risk Fund	N.A.	₹110 Crs	5.9%	5.8%

Bank of India Money Market Fund Direct - Growth

Historical NAV & returns

Bank of India Money Market Fund overview

Bank of India Money Market Fund Returns calculator

Trailing returns as on Apr 07, 2025

Asset allocationas on Mar 31, 2025

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