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Bank of India Money Market Fund Direct Growth
Debt
Money Market
Low to Moderate Risk
NAV: 21 Jan '26
₹10.70
Min. SIP amount
₹1,000
Fund size
₹368.88 Cr
Expense ratio
0.11%
Holdings (25)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Union Bank of India | Financial | CD | 7.89% |
| Indian Bank | Financial | CD | 6.69% |
| HDFC Bank Ltd. | Financial | CD | 6.52% |
| Punjab National Bank | Financial | CD | 6.38% |
| Axis Bank Ltd. | Financial | CD | 5.74% |
| Power Finance Corporation Ltd. | Financial | CP | 5.33% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 5.25% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.68% |
| Export-Import Bank Of India | Financial | CD | 4.02% |
| Bank Of Baroda | Financial | CD | 3.96% |
| Manappuram Finance Ltd. | Financial | CP | 3.86% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 3.18% |
| HDFC Bank Ltd. | Financial | CD | 3.06% |
| Reserve Bank of India | Financial | T-Bills | 2.71% |
| Godrej Industries Ltd. | Consumer Staples | CP | 2.70% |
| Axis Finance Ltd. | Financial | CP | 2.69% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.68% |
| Reserve Bank of India | Financial | T-Bills | 2.65% |
| Canara Bank | Financial | CD | 2.64% |
| AU Small Finance Bank Ltd. | Financial | CD | 2.58% |
| Bank Of Baroda | Financial | CD | 2.55% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.55% |
| ICICI Securities Ltd. | Financial | CP | 2.41% |
| Reserve Bank of India | Financial | T-Bills | 1.30% |
| Reserve Bank of India | Financial | T-Bills | 0.08% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹1,000
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | +0.4% | +1.3% | +2.9% | +6.9% |
| Category average (Debt Money Market) | -- | -- | -- | -- |
| Rank (Debt Money Market) | -- | 23 | 17 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Money Market Fund Direct Growth | +7.40% | +7.68% | 35,599.90 | |
Axis Money Market Fund Direct Growth | +7.38% | +7.60% | 20,781.21 | |
Bandhan Money Market Fund Direct Growth | +7.40% | +7.56% | 12,313.03 | |
Union Money Market Fund Direct Growth | +7.12% | +7.21% | 119.68 | |
Bajaj Finserv Money Market Fund Direct Growth | +7.36% | -- | 4,196.35 | |
| Compare | ||||
Fund management
MBMithraem BharuchaJan 2025 - PresentView details
MB
Mithraem Bharucha
Jan 2025 - Present
View details
About Bank of India Money Market Fund Direct Growth
Bank of India Money Market Fund Direct Growth is a Debt Mutual Fund Scheme launched by Bank of India Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Mithraem Bharucha is the Current Fund Manager of Bank of India Money Market Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹13,696 Cr and the Latest NAV as of 21 Jan 2026 is ₹10.70.
The Bank of India Money Market Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
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Investment Objective
The scheme seeks to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.
Fund benchmarkCRISIL Money Market A-I Index
Fund house
Rank (total assets)#31 in India
Total AUM₹13,696.42 Cr
Date of Incorporation31 Mar 2008
Launch Date31 Mar 2008
AddressB/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,