NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.36
0.01%
NAV as on 08 Jul 25, 12:00 AM
risk
money market fund
debt
NAV as on 08 Jul 25, 12:00 AM
risk
money market fund
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.00%p.a.
Since Inception
About Bank of India Money Market Fund - - Monthly IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bank of India Money Market Fund - - Monthly IDCW scheme from Bank of India Investment Managers Private Limited. It is a Money Market Fund mutual fund scheme that predominantly invests in Money Market Fund stocks of companies. Launched on Feb 2025, Bank of India Money Market Fund - - Monthly IDCW is Money Market Fund fund of its category with 0 fund under management as on Jul 2025. The expense ratio of this fund is less than that of most other Fund category Money Market Fund funds.
- Bank of India Money Market Fund - - Monthly IDCW delivered 0.0% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- Bank of India Money Market Fund - - Monthly IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The Investment Objective Is To Generate Returns With Reasonable Liquidity To The Unitholders By Investing In Money Market Instruments.
Top 10 Holdings
Aditya Birla Capital Ltd (06/02/2026)
21.96%
Export Import Bank of India (20/03/2026)
13.13%
NTPC Ltd (10/03/2026)
10.95%
Axis Bank Ltd (04/02/2026)
10.57%
364 Days Tbill (MD 15/01/2026)
8.88%
Bank of Baroda (13/01/2026)
8.85%
Punjab National Bank (05/12/2025)
4.45%
Indian Bank (19/01/2026)
4.42%
HDFC Bank Ltd (04/02/2026)
4.41%
Kotak Mahindra Prime Ltd (27/03/2026)
4.35%
Fund Managers
Key Information
View Scheme Document
Bank of India Money Market Fund - - Monthly IDCW SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Bank of India Money Market Fund - - Monthly IDCW
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Bank of India Money Market Fund - - Monthly IDCW?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Bank of India Money Market Fund - - Monthly IDCW
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
Explore Other Bank Funds
Funds
3Y Return
Bank of India Flexi Cap Fund Reinvestment of Income Dist cum Cap Wdrl
very high risk | equity
0.0%
Bank of India Flexi Cap Fund Payout of Income Dist cum Cap Wdrl
very high risk | equity
0.0%
Bank of India Liquid Fund Weekly Reinvestment of Income Dist cum Cap Wdrl
low to moderate risk | liquid
0.0%
Copyright | 2021 @ SBNRI | All Rights Reserved