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Bank of India Money Market Fund - Direct (IDCW-D) RI

Money Market Fund • OPEN
NAV as of May 22, 2026
₹10.60
1 day change
Returns since inception
4.64%
CAGR
AUM (Fund size)
₹483 Cr
NAV: ₹ 10.60
as on May 22, 2026
Bank of India Money Market Fund - Direct (IDCW-D) RI

Bank of India Money Market Fund - Direct (IDCW-D) RI Overview

AUM (Fund size) ₹ 483 Cr
Expense ratio 0.40 %
Exit load Nil
Plan type Direct Fund
Risk Moderately Low
Lock-in Period Nil
Benchmark CRISIL Money Market A-I Index
Min. investment SIP: ₹1,000    Lumpsum: ₹5,000
Age 1 yrs 3 m since Jan 28, 2025
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

No Sector Data Available

Top Holdings

Canara Bank 9.14%
ICICI Bank 7.98%
Punjab Natl.Bank 5.76%
TBILL-364D 5.74%
S I D B I 5.70%
Axis Finance 5.68%
Kotak Securities 5.68%
HDFC Bank 5.68%
N A B A R D 5.67%
TBILL-364D 4.61%

Scheme Information

Bank of India Money Market Fund - Direct (IDCW-D) RI was launched on 28/01/2025. The fund manages ₹483 Cr in assets. Its current expense ratio is 0.40%.

Fund Manager: Mithraem Bharucha

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FAQs on Bank of India Money Market Fund - Direct (IDCW-D) RI

The current expense ratio of Bank of India Money Market Fund - Direct (IDCW-D) RI is 0.40%.

The AUM of Bank of India Money Market Fund - Direct (IDCW-D) RI is ₹483 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Bank of India Money Market Fund - Direct (IDCW-D) RI allows both SIP and lump sum investments.

The latest NAV is ₹10.60.

Minimum SIP starts from ₹1,000.

Redemption can be done via AMC website or your investment platform.

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