Bank of India Money Market Fund
- NAV as on 25 Sep 2026
- ₹11.12-0.01%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹10.47 — ₹11.13
- AUM
- ₹443 Cr
Bank of India Money Market Fund is a Money Market debt fund from Bank of India Mutual Fund with ₹443 Cr under management, launched in 2025. The expense ratio is 0.55% and the SEBI riskometer reading is Low to Moderate.
Performance
Bank of India Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.2% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.5% | +0.3 pts | 6.2% | 6.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | 0.0 pts | 1.5% | 1.5% |
| 6M | 3.5% | 0.0 pts | 3.5% | 3.5% |
| 1Y | 6.2% | −0.1 pts | 6.2% | 6.3% |
Since launch (28 Jan 2025): 6.7%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.54%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.45%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.08%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Money Market A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Portfolio
Bank of India Money Market Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt99.4%
- Other0.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | 5.49% | ₹24.30 Cr | +5.32% | +4.69% | — |
| Axis Bank Ltd. | Financial | 5.48% | ₹24.26 Cr | — | +5.32% | +6.26% |
| Axis Finance Ltd. | Financial | 5.47% | ₹24.20 Cr | +5.12% | +5.83% | +5.86% |
| Kotak Mahindra Securities Ltd. | Financial | 5.47% | ₹24.20 Cr | +5.12% | +5.83% | — |
| HDFC Bank Ltd. | Financial | 5.46% | ₹24.17 Cr | +9.43% | +3.51% | +8.54% |
| Manappuram Finance Ltd. | Financial | 5.46% | ₹24.16 Cr | +3.17% | +3.59% | — |
| National Bank For Agriculture & Rural Development | Financial | 4.36% | ₹19.28 Cr | +4.08% | — | +5.84% |
| Godrej Housing Finance Ltd. | Financial | 4.35% | ₹19.24 Cr | +4.07% | — | — |
| Reserve Bank of India | Financial | 3.33% | ₹14.75 Cr | +5.19% | +6.19% | +5.91% |
| Motilal Oswal Financial Services Ltd. | Financial | 3.28% | ₹14.52 Cr | +3.07% | +3.49% | +5.70% |
| Aditya Birla Housing Finance Ltd. | Financial | 3.27% | ₹14.48 Cr | +2.05% | +2.34% | — |
| Punjab National Bank | Financial | 3.27% | ₹14.49 Cr | +5.20% | +5.92% | — |
| ICICI Bank Ltd. | Financial | 2.75% | ₹12.17 Cr | +5.10% | +2.34% | — |
| Canara Bank | Financial | 2.67% | ₹11.80 Cr | +7.42% | +9.39% | +8.25% |
| Small Industries Devp. Bank of India Ltd. | Financial | 2.37% | ₹10.52 Cr | +7.98% | +11.72% | +13.88% |
| Bank Of Baroda | Financial | 1.78% | ₹7.86 Cr | +3.12% | +3.52% | +9.64% |
| Union Bank of India | Financial | 1.12% | ₹4.95 Cr | +4.03% | — | — |
| ICICI Securities Ltd. | Financial | 1.09% | ₹4.81 Cr | — | — | +5.24% |
| Others | Others | 0.87% | ₹3.95 Cr | +0.63% | +0.72% | +0.51% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Small Industries Devp. Bank of India Ltd. | 6.19% | 1.09% | -5.10% |
| Axis Bank Ltd. | 3.20% | 5.48% | +2.28% |
| AU Small Finance Bank Ltd. | 2.10% | 0.00% | -2.10% |
| Punjab National Bank | 5.17% | 3.27% | -1.90% |
| Axis Finance Ltd. | 5.10% | 5.47% | +0.37% |
| HDFC Bank Ltd. | 5.09% | 5.46% | +0.37% |
| Kotak Mahindra Bank Ltd. | 5.12% | 5.49% | +0.37% |
| Kotak Mahindra Securities Ltd. | 5.10% | 5.47% | +0.37% |
| Manappuram Finance Ltd. | 5.09% | 5.46% | +0.37% |
| National Bank For Agriculture & Rural Development | 4.06% | 4.36% | +0.30% |
| Godrej Housing Finance Ltd. | 4.05% | 4.35% | +0.30% |
| Aditya Birla Housing Finance Ltd. | 3.05% | 3.27% | +0.22% |
| Reserve Bank of India | 3.11% | 3.33% | +0.22% |
| Motilal Oswal Financial Services Ltd. | 3.06% | 3.28% | +0.22% |
| ICICI Bank Ltd. | 2.56% | 2.75% | +0.19% |
| Canara Bank | 2.49% | 2.67% | +0.18% |
| ICICI Securities Ltd. | 1.01% | 1.09% | +0.08% |
| Union Bank of India | 1.04% | 1.12% | +0.08% |
| Bank Of Baroda | 1.85% | 1.78% | -0.07% |
| Others | 0.25% | 0.27% | +0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹21,840 Cr | 0.33% | 6.7% | 7.0% | 7.0% |
 Tata Money Market Fund | ₹34,511 Cr | 0.40% | 6.7% | 7.0% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹29,877 Cr | 0.37% | 6.8% | 7.0% | 7.1% |
 Axis Money Market Fund | ₹21,405 Cr | 0.35% | 6.7% | 7.0% | 7.0% |
 UTI Money Market Fund | ₹19,468 Cr | 0.24% | 6.7% | 7.1% | 7.1% |
 Franklin India Money Market Fund | ₹3,937 Cr | 0.28% | 6.7% | 7.0% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns with reasonable liquidity to the unitholders by investing in money market instruments.
Fund managers
- Mithraem BharuchaMr. Bharucha is a BMS and MBAPrior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.55% absolute | ₹60,000 | ₹62,130 | 3.55% | |
| 1 year6.18% annualised | ₹1,20,000 | ₹1,24,094 | 3.41% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.