Which has the lower expense ratio, Bank of India Money Market Fund - Direct - Growth or HSBC Money Market Fund - Direct Growth?

Bank of India Money Market Fund - Direct - Growth's expense ratio is 0.18% versus HSBC Money Market Fund - Direct Growth's 0.16%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both Bank of India Money Market Fund - Direct - Growth and HSBC Money Market Fund - Direct Growth?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

Bank of India Money Market Fund - Direct - Growth vs HSBC Money Market Fund - Direct Growth

Q: Bank of India Money Market Fund - Direct - Growth vs HSBC Money Market Fund - Direct Growth — which has given better returns?

Bank of India Money Market Fund - Direct - Growth has a 1-year return of 6.35% versus HSBC Money Market Fund - Direct Growth's 6.23%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

Bank of India Money Market Fund - Direct - Growth

Bank of India Mutual Fund

★★★★★

Debt · Money Market

HSBC Money Market Fund - Direct Growth

HSBC Mutual Fund

★★★★★

Debt · Money Market

Metric	Bank of India Money Ma...	HSBC Money Market Fund...
NAV	₹11.06	₹29.59
Star Rating	★★★★★	★★★
Expense Ratio	0.18%	0.16%
AUM	₹417 Cr	₹6,218 Cr
1M Return	+0.63%	+0.65%
3M Return	+1.48%	+1.55%
6M Return	+3.4%	+3.29%
1Y Return	+6.35%	+6.23%
3Y CAGR	—	+7.27%
5Y CAGR	—	+6.42%
Risk Level	—	—
Fund Manager	Mithraem Bharucha	Mahesh A Chhabria

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