{"id":249207,"date":"2026-09-16T12:48:24","date_gmt":"2026-09-16T07:18:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T12:48:24","modified_gmt":"2026-09-16T07:18:24","slug":"bank-of-india-money-market-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/","title":{"rendered":"Bank of India Money Market Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a> had a NAV of \u20b911.1915 as of 15 Sep 2026 and managed \u20b9442 Cr. Its 1-year, 3-year and 5-year returns are 6.75%, Data not available and Data not available, and the fund sits in the Balanced Risk category.<\/p>\n<p>Our view is that this is a short-duration debt option with modest recent compounding and a fairly steady portfolio structure, but the return history is still too short to judge through a full multi-year cycle. It may suit investors who want a debt fund with limited equity-style volatility and who are comfortable with a benchmark that has moved very differently over the same periods.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Bank_of_India_Money_Market\" title=\"Should you BUY or HOLD Bank of India Money Market?\">Should you BUY or HOLD Bank of India Money Market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bank-of-india-money-market-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.1915 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9442 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.11%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>04 Feb 2025<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Mithraem Bharucha<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Mithraem Bharucha.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.49%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.86%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.75%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Over the last month, the fund has been close to flat to slightly positive while the benchmark has been weaker. That pattern is repeated over three months and one year, where the fund\u2019s returns remain positive and the benchmark is negative. For a debt scheme, that kind of relative stability is useful, because it suggests the portfolio has not been dragged around by the same moves that affected the benchmark.<\/p>\n<p>The 1-year return of 6.75% is the only fully meaningful longer-period figure available here, so our read is necessarily limited. Even so, the trend from the series is more consistent than volatile, with gradual improvement rather than sharp swings. That is what investors usually want from a money-market style debt fund: steady accrual rather than dramatic short-term jumps.<\/p>\n<p>At the same time, the benchmark comparison is not straightforward because the benchmark itself has been negative across 1M, 3M and 1Y. So the fund looks better on relative terms, but that relative edge should be interpreted carefully. It tells us more about the benchmark\u2019s weakness than about the fund being a high-return product.<\/p>\n<p>Because there is no usable 3-year or 5-year figure, we would not treat this as a long-history compounder. The more practical interpretation is that the fund has shown stable near-term behaviour, while the longer-term evidence remains incomplete.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Bank_of_India_Money_Market\"><\/span>Should you BUY or HOLD Bank of India Money Market?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Bank of India Money Market? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/union-money-market-fund-g-direct-plan\">Union Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.82%<\/td>\n<td>7.22%<\/td>\n<td>6.48%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-money-market-fund-g-direct-plan\">Tata Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.73%<\/td>\n<td>7.55%<\/td>\n<td>6.84%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-money-market-fund-g-direct-plan\">Bandhan Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.69%<\/td>\n<td>7.42%<\/td>\n<td>6.67%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/lic-mf-money-market-fund-g-direct-plan\">LIC MF Money Market Fund Direct Growth Plan<\/a><\/td>\n<td>6.69%<\/td>\n<td>6.81%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return is close to the peer group\u2019s better readings, but it is marginally below Union Money Market Fund Direct Growth Plan and slightly above Tata Money Market Fund Direct Growth Plan and Bandhan Money Market Fund Direct Growth Plan. That keeps the short-term picture broadly competitive without making it stand out on the numbers alone. On longer periods, the comparison is limited because this fund does not have usable 3-year or 5-year figures, while several peers do.<\/p>\n<p>That difference matters. Peers with published 3-year and 5-year data show more complete compounding histories, so their longer-run picture is easier to assess. By contrast, this fund currently tells a shorter story: acceptable recent return, but incomplete multi-period evidence. For investors comparing debt options, the short-term behaviour looks steady enough, while the longer-term peer comparison remains more informative for funds with a longer track record.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Union Bank of India (19\/01\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.51%<\/td>\n<\/tr>\n<tr>\n<td>364 Days Tbill (MD 25\/02\/2027)<\/td>\n<td>Treasury Bills<\/td>\n<td>5.50%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Mahindra Bank Limited (04\/02\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.49%<\/td>\n<\/tr>\n<tr>\n<td>Axis Bank Limited (12\/02\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.48%<\/td>\n<\/tr>\n<tr>\n<td>Axis Finance Limited (12\/02\/2027) **<\/td>\n<td>Commercial Paper<\/td>\n<td>5.47%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Securities Limited (12\/02\/2027) **<\/td>\n<td>Commercial Paper<\/td>\n<td>5.47%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited (05\/03\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.46%<\/td>\n<\/tr>\n<tr>\n<td>Manappuram Finance Limited (10\/02\/2027) **<\/td>\n<td>Commercial Paper<\/td>\n<td>5.46%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture and Rural Development (05\/03\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.46%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Limited (25\/03\/2027) ** #<\/td>\n<td>Certificate of Deposit<\/td>\n<td>5.44%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 5.51%, which is not especially large for a debt portfolio that spreads money across multiple short-dated instruments. The gap from the first holding to the tenth is small, at just 0.07 percentage points, so the top layer is tightly clustered rather than dominated by one outsized position.<\/p>\n<p>The displayed ten holdings together account for 54.74% of the portfolio, and the fund discloses 29 holdings in total. That suggests a reasonably broad spread beyond the top names, even though the first ten still carry meaningful weight. In practical terms, the portfolio may be influenced by several large positions rather than a single dominant exposure, which can help reduce reliance on any one issuer.<\/p>\n<p>For investors, the main takeaway is that the structure looks disciplined and diversified across short-term debt instruments. The mix of certificate of deposit, treasury bill and commercial paper holdings may support stability, but it also means the fund\u2019s outcome depends on the credit and rate environment faced by those instruments.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-money-market-fund-g-direct-plan\">Bank of India Money Market Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with a debt fund carrying a Balanced Risk label and who want a short-term parking option rather than a long-horizon growth engine. The recent return pattern is stable, and the benchmark comparison is favourable over the available periods, but the absence of usable 3-year and 5-year figures means the longer history is not yet fully established.<\/p>\n<p>It may suit investors with a relatively short investment horizon and a preference for modest, steady movement over sharp price swings. The key trade-off is that the fund appears steadier than its benchmark, but it does not have the kind of long compounding record that lets us assess it across full market cycles.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Bank of India Money Market Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b911.1915 as of 15 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The 1-year return is 6.75%. The 3-year and 5-year returns are Data not available.<\/p>\n<p><strong>How has the fund performed against the benchmark?<\/strong><br \/>It has outperformed the benchmark over 1M, 3M and 1Y. The benchmark returns are negative over those same periods, while the fund stays positive.<\/p>\n<p><strong>How does it compare with peer funds on available return data?<\/strong><br \/>Its 1-year return is close to the stronger peer readings, but several peers have longer 3-year and 5-year histories that make their longer-run performance easier to assess.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b91,000.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Mithraem Bharucha. There is no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bank of India Money Market Fund Direct Growth Plan has shown a steadier recent pattern than its benchmark, but the longer-run story is still incomplete because usable 3-year and 5-year returns are not available. Against peers, the 1-year number is broadly competitive, though other funds in the set offer fuller longer-term histories. The portfolio is spread across many short-dated debt instruments, with the top ten holdings accounting for 54.74% of assets and no single holding dominating the structure.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 12:47 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Bank of India Money Market Fund Direct Growth Plan\",\"identifier\":\"bank-of-india-money-market-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"04 Feb 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.1915,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"442 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.11\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.75},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Mithraem Bharucha\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Bank of India Money Market Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b911.1915 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year return is 6.75%. The 3-year and 5-year returns are Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark over 1M, 3M and 1Y. The benchmark returns are negative over those same periods, while the fund stays positive.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is close to the stronger peer readings, but several peers have longer 3-year and 5-year histories that make their longer-run performance easier to assess.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Mithraem Bharucha. There is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of India Money Market Fund Direct Growth Plan had a NAV of \u20b911.1915 as of 15 Sep 2026, AUM of \u20b9442 Cr and a 1-year return of 6.75%.<\/p>\n","protected":false},"author":38,"featured_media":249205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249205"],"rank_math_title":["Bank of India Money Market Fund Review 2026"],"rank_math_description":["Bank of India Money Market Fund Direct Growth Plan NAV is \u20b911.1915 as of 15 Sep 2026; 1-year return is 6.75%."],"rank_math_focus_keyword":["Bank of India Money Market Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Bank_of_India_Money_Market_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=249207"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249205"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}