Fund Overview
Fund Size
₹1,827 Cr
Expense Ratio
0.10%
ISIN
INF761K01785
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹3031.09, Assets Under Management (AUM) of 1826.60 Crores, and an expense ratio of 0.1%.
- Bank of India Liquid Direct Growth has given a CAGR return of 6.88% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.79% in cash & cash equivalents.
- You can start investing in Bank of India Liquid Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.31%
+7.26% (Cat Avg.)
3 Years
+7.06%
+6.85% (Cat Avg.)
5 Years
+5.59%
+5.49% (Cat Avg.)
10 Years
+6.33%
+5.50% (Cat Avg.)
Since Inception
+6.88%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Others | ₹1,826.6 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹75.28 Cr | 4.07% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.24 Cr | 4.01% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.03 Cr | 4.00% |
| Small Industries Dev Bank Of India** | Cash - Commercial Paper | ₹49.92 Cr | 2.70% |
| Hindustan Petroleum Corp Ltd. | Cash - Commercial Paper | ₹49.92 Cr | 2.70% |
| Reliance Industries Ltd. | Cash - Commercial Paper | ₹49.9 Cr | 2.70% |
| Redington Ltd. | Cash - Commercial Paper | ₹49.83 Cr | 2.69% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.8 Cr | 2.69% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹49.78 Cr | 2.69% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹49.74 Cr | 2.69% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹49.56 Cr | 2.68% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.54 Cr | 2.68% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹49.51 Cr | 2.68% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹49.5 Cr | 2.68% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.47 Cr | 2.68% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.45 Cr | 2.67% |
| 364 DTB 15082025 | Bond - Gov't/Treasury | ₹49.44 Cr | 2.67% |
| Godrej Agrovet Ltd. | Cash - Commercial Paper | ₹49.44 Cr | 2.67% |
| Indian Bank (14/08/2025) ** # | Cash - CD/Time Deposit | ₹49.39 Cr | 2.67% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.39 Cr | 2.67% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹49.38 Cr | 2.67% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.36 Cr | 2.67% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹49.34 Cr | 2.67% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.34 Cr | 2.67% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹49.34 Cr | 2.67% |
| 91 Days Tbill (Md 28/08/2025) | Bond - Gov't/Treasury | ₹49.33 Cr | 2.67% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.33 Cr | 2.67% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹49.29 Cr | 2.67% |
| Poonawalla Fincorp Ltd | Cash - Commercial Paper | ₹49.28 Cr | 2.67% |
| Axis Finance Ltd. | Cash - Commercial Paper | ₹49.26 Cr | 2.66% |
| Godrej Finance Ltd. | Cash - Commercial Paper | ₹49.2 Cr | 2.66% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹44.59 Cr | 2.41% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹31.8 Cr | 1.72% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹24.99 Cr | 1.35% |
| Bajaj Finance Limited (11/06/2025) ** | Cash - Commercial Paper | ₹24.95 Cr | 1.35% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.77 Cr | 1.34% |
| PNB Housing Finance Ltd. | Cash - Commercial Paper | ₹24.66 Cr | 1.33% |
| Kotak Securities Ltd | Cash - Commercial Paper | ₹24.62 Cr | 1.33% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.15 Cr | 1.31% |
| Repo | Cash - Repurchase Agreement | ₹7.22 Cr | 0.39% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹3.88 Cr | 0.21% |
| 91 Days Tbill Red 05-06-2025 | Bond - Gov't/Treasury | ₹3.82 Cr | 0.21% |
| Treps | Cash - Repurchase Agreement | ₹0.08 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹874.46 Cr | 47.29% |
| Cash - CD/Time Deposit | ₹316.33 Cr | 17.11% |
| Bond - Short-term Government Bills | ₹271.34 Cr | 14.67% |
| Bond - Gov't/Treasury | ₹102.6 Cr | 5.55% |
| Bond - Corporate Bond | ₹99.08 Cr | 5.36% |
| Bond - Gov't Agency Debt | ₹98.85 Cr | 5.35% |
| Cash | ₹75.28 Cr | 4.07% |
| Cash - Repurchase Agreement | ₹7.29 Cr | 0.39% |
| Mutual Fund - Open End | ₹3.88 Cr | 0.21% |
Risk & Performance Ratios
Standard Deviation
This fund
0.21%
Cat. avg.
0.45%
Lower the better
Sharpe Ratio
This fund
2.75
Cat. avg.
-1.09
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
4.23
Higher the better
Fund Managers
Mithraem Bharucha
Since August 2021
Additional Scheme Detailsas of 31st May 2025
ISIN | INF761K01785 | Expense Ratio | 0.10% | Exit Load | No Charges | Fund Size | ₹1,827 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Liquid Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Unifi Liquid Fund Regular Growth Low to Moderate Risk | - | 0.0% | - | - |
| Unifi Liquid Fund Direct Growth Low to Moderate Risk | - | 0.0% | - | - |
| Angel One Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.3% | - | ₹120.12 Cr | - |
| ICICI Prudential BSE Liquid Rate ETF - Growth Low Risk | 0.3% | - | ₹59.53 Cr | - |
| HDFC Nifty 1D Rate Liquid ETF - Growth Low Risk | 0.5% | - | ₹27.99 Cr | 5.3% |
| Mirae Asset Nifty 1D Rate Liquid ETF Low Risk | 0.1% | - | ₹277.02 Cr | - |
| Shriram Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹177.17 Cr | - |
| Shriram Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹177.17 Cr | - |
| Groww Nifty 1D Rate Liquid ETF Low Risk | 0.3% | - | ₹80.00 Cr | - |
| Bajaj Finserv Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹846.26 Cr | 3.5% |
About the AMC
Total AUM
₹10,605 Cr
Address
B/204, Tower 1, Peninsula Corporate Park, Mumbai, 400 013
Other Funds by BOI Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Who manages the Bank of India Liquid Direct Growth?
- Mithraem Bharucha
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