Bank of India Mutual Fund

Bank of India Money Market Fund Direct-Growth

Debt: Money Market - Growth (Open ended)
Risk levelCategoryBenchmark
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Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Money MarketBenchmark: CRISIL Money Market A-I Index
NAV: ₹11.08+0.03%
24 Jul 2026

Similar Funds

Side-by-side comparison of Bank of India Money Market Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
PeriodThis FundCategory AvgCategory Rank
1Y Return+6.40%6.30%4 / 25
3Y Return7.29%
5Y Return6.53%
10Y Return6.67%

Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.

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Funds in Debt: Money Market

Top funds by AUM in the Debt: Money Market category — see how Bank of India Money Market Fund Direct-Growth compares on size and returns.

Funds Tracking CRISIL Money Market A-I Index

Top funds tracking the CRISIL Money Market A-I Index — sorted by AUM to show the largest options available.

Frequently Asked Questions

Which funds are similar to Bank of India Money Market Fund Direct-Growth?
Funds similar to Bank of India Money Market Fund Direct-Growth in the Debt: Money Market category include SBI Savings Fund Direct-Growth, Tata Money Market Fund Direct-Growth, and ICICI Prudential Money Market Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of Bank of India Money Market Fund Direct-Growth in its category?
The category rank of Bank of India Money Market Fund Direct-Growth is shown in the Trailing Returns section above.
How does Bank of India Money Market Fund Direct-Growth's expense ratio compare to similar funds?
Bank of India Money Market Fund Direct-Growth has an expense ratio of 0.18%. The peers SBI Savings Fund Direct-Growth has an expense ratio of 0.26% and Tata Money Market Fund Direct-Growth has 0.18%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does Bank of India Money Market Fund Direct-Growth's AUM compare to similar funds?
Bank of India Money Market Fund Direct-Growth has an AUM of ₹417.46 crore. The peers SBI Savings Fund Direct-Growth has an AUM of ₹33,005.4 crore and Tata Money Market Fund Direct-Growth has ₹32,150 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Money Market?
The top performing fund in the Debt: Money Market category on a 3-year basis is Tata Money Market Fund Direct-Growth with a CAGR of 7.51% as of 23 Jul 2026. Bank of India Money Market Fund Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.
How does Bank of India Money Market Fund Direct-Growth rank in risk-adjusted returns vs peers?
The Sharpe ratio of Bank of India Money Market Fund Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.