A Oneindia Venture

Bank of India Money Market Fund NFO

By Bank of India Mutual Fund Debt Liquid
NFO Closed

Offer Price

₹10.00

Min. Investment

₹5000

Open Date

28 Jan 2025

Close Date

03 Feb 2025

SIP Amount

₹1000

Bank of India Money Market Fund is a New Fund Offer (NFO) by Bank of India Investment Managers Pvt. Ltd. categorized under Liquid. The NFO is open for subscription from 28 Jan 2025 to 03 Feb 2025. Investors can subscribe with a lumpsum investment of ₹5,000. The offer price is ₹10.00 per unit. The fund will be managed by Mithraem Bharucha. The fund has a risk rating of 'Low to Moderate' with an expected expense ratio of 0.11%. It will benchmark against CRISIL Money Market A-I Index.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
28 Jan 2025 to 03 Feb 2025
Min. Lumpsum Amount
₹5000
SIP Amount
Rs. 1000
Scheme Type
Open Ended
Category
Debt - Money Market
Risk Level
Low to Moderate
Expected Expense Ratio
0.11%
Exit Load
-
Benchmark
CRISIL Money Market A-I Index
Plan Options
Daily IDCW Reinvestment, Growth, IDCW-Daily, IDCW-Monthly, IDCW-Weekly, Monthly IDCW Reinvestment, Weekly IDCW Reinvestment

Fund Objective

The investment objective is to generate returns with reasonable liquidity to the unitholders by investing in money market instruments. There is no assurance that the investment objective of the Scheme will be achieved.

AMC Details

Name
Bank of India Mutual Fund
Fund Manager
Mr. Mithraem Bharucha (Debt)
Website
http://www.boiaxamf.in

Top Funds from Debt - Money Market

Scheme Name
NAV
Returns
1Y 3Y 5Y
AUM (Cr)
Expense Ratio
Risk Meter
PGIM India Money Market Fund
Liquid Regular
0.30% 0.30% 0.30% ₹294 0.46%
Low to Moderate
PGIM India Money Market Fund
Liquid Regular
0.30% 0.30% 0.30% ₹294 0.46%
Low to Moderate
Nippon India Money Market Fund
Liquid Regular
0.19% 0.26% 0.24% ₹24,261 0.38%
Moderate
Nippon India Money Market Fund
Liquid Regular
0.19% 0.26% 0.24% ₹24,261 0.38%
Moderate
Nippon India Money Market Fund - Direct Plan
Liquid Direct
0.19% 0.26% 0.24% ₹24,261 0.22%
Moderate
Nippon India Money Market Fund - Direct Plan
Liquid Direct
0.19% 0.26% 0.24% ₹24,261 0.22%
Moderate
Tata Money Market Fund - Direct Plan
Liquid Direct
7.68% 25.23% 36.78% ₹40,598 0.15%
Low to Moderate
SBI Savings Fund - Direct Plan
FRF-ST Direct
9.58% 25.22% 36.15% ₹36,650 0.25%
Moderate
SBI Savings Fund - Direct Plan
FRF-ST Direct
9.58% 25.22% 36.15% ₹36,650 0.25%
Moderate
Axis Money Market Fund - Direct Plan
Liquid Direct
7.62% 24.93% 36.00% ₹24,194 0.17%
Moderate

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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