DebtMoney Market FundDirect · Growth
Bank of India Money Market Fund - Direct - Growth
Bank of India · Scheme 153294
₹11.14▲ 0.01%NAV · 2026-09-18
Strong FundScore
AUM
₹472 cr
Expense ratio
0.18%
3Y CAGR
—
Risk level
Low
Min SIP
₹1,000
Benchmark
CRISIL Money Market Index
Fund manager: Mithraem BharuchaExit load: Nil
Strong · 72/100
A high-quality fund that scores well on the factors that matter.
🎯 Suited to short-to-medium horizons and investors wanting stability over growth.
📈 Why it could do well
- ✓Excellent risk-adjusted returns (Sharpe 1.55) — reward isn't just from taking more risk.
- ✓Protects capital well — worst-ever fall was only 0%.
- ✓Low volatility (1% a year) — a steady, low-drama ride.
- ✓Low cost — 0.18% expense ratio means more of the return stays with you.
- ✓Sortino ratio: 2.70
- ✓Max drawdown: -0%
📉 What could drag it down
- •Short track record — not enough history yet to judge long-term performance; treat the score as provisional.
- •1Y return: +6.6%
FundScore breakdown
72/100 · Strong
Returns
Weak
Consistency
Average
Risk-adjusted
Excellent
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.