Fund Overview
Fund Size
₹1,634 Cr
Expense Ratio
0.10%
ISIN
INF761K01785
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Bank of India Liquid Direct Growth is a Liquid mutual fund schemes offered by BOI Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2845.25, Assets Under Management (AUM) of 1634.36 Crores, and an expense ratio of 0.1%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2845.25, Assets Under Management (AUM) of 1634.36 Crores, and an expense ratio of 0.1%.
- Bank of India Liquid Direct Growth has given a CAGR return of 6.85% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 6.01% in debts, and 93.77% 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
+7.43%
+6.03% (Cat Avg.)
3 Years
+5.96%
+5.13% (Cat Avg.)
5 Years
+5.26%
+4.36% (Cat Avg.)
10 Years
+6.47%
+5.13% (Cat Avg.)
Since Inception
+6.85%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹98.25 Cr | 6.01% |
| Others | ₹1,536.11 Cr | 93.99% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹98.25 Cr | 6.01% |
| 91 DTB 15082024 | Bond - Gov't/Treasury | ₹74.6 Cr | 4.56% |
| NTPC Ltd. | Cash - Commercial Paper | ₹74.06 Cr | 4.53% |
| 91 DTB 26092024 | Bond - Gov't/Treasury | ₹74.03 Cr | 4.53% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹73.97 Cr | 4.53% |
| 91 DTB 03102024 | Bond - Gov't/Treasury | ₹73.92 Cr | 4.52% |
| Sundaram Finance Limited | Cash - Commercial Paper | ₹49.8 Cr | 3.05% |
| 91 DTB 08082024 | Bond - Gov't/Treasury | ₹49.79 Cr | 3.05% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹49.68 Cr | 3.04% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.61 Cr | 3.04% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹49.55 Cr | 3.03% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹49.51 Cr | 3.03% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹49.45 Cr | 3.03% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.44 Cr | 3.03% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹49.43 Cr | 3.02% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.4 Cr | 3.02% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.33 Cr | 3.02% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.32 Cr | 3.02% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.32 Cr | 3.02% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.26 Cr | 3.01% |
| Axis Bank Limited** | Cash - CD/Time Deposit | ₹42.95 Cr | 2.63% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹37.56 Cr | 2.30% |
| PNb Housing Finance Limited** | Cash - Commercial Paper | ₹24.95 Cr | 1.53% |
| Axis Securities Limited | Cash - Commercial Paper | ₹24.85 Cr | 1.52% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.85 Cr | 1.52% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹24.82 Cr | 1.52% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹24.8 Cr | 1.52% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹24.79 Cr | 1.52% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹24.79 Cr | 1.52% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹24.79 Cr | 1.52% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.74 Cr | 1.51% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.74 Cr | 1.51% |
| PNb Housing Finance Limited | Cash - Commercial Paper | ₹24.72 Cr | 1.51% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹24.72 Cr | 1.51% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.71 Cr | 1.51% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.69 Cr | 1.51% |
| India (Republic of) | Bond - Short-term Government Bills | ₹24.68 Cr | 1.51% |
| Repo | Cash - Repurchase Agreement | ₹23.6 Cr | 1.44% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-9.27 Cr | 0.57% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹3.58 Cr | 0.22% |
| 182 DTB 25072024 | Bond - Gov't/Treasury | ₹2 Cr | 0.12% |
| Treps | Cash - Repurchase Agreement | ₹0.58 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹681.68 Cr | 41.71% |
| Cash - CD/Time Deposit | ₹438.21 Cr | 26.81% |
| Bond - Gov't/Treasury | ₹274.35 Cr | 16.79% |
| Bond - Corporate Bond | ₹172.22 Cr | 10.54% |
| Bond - Short-term Government Bills | ₹49.42 Cr | 3.02% |
| Cash - Repurchase Agreement | ₹24.18 Cr | 1.48% |
| Cash - Collateral | ₹-9.27 Cr | 0.57% |
| Mutual Fund - Open End | ₹3.58 Cr | 0.22% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.51%
Lower the better
Sharpe Ratio
This fund
1.26
Cat. avg.
-2.13
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-1.01
Higher the better
Fund Managers
Mithraem Bharucha
Since August 2021
Additional Scheme Detailsas of 15th July 2024
ISIN | INF761K01785 | Expense Ratio | 0.10% | Exit Load | No Charges | Fund Size | ₹1,634 Cr | Age | 01 Jan 2013 | 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3944.51 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.67 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹691.18 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹691.18 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹46.64 Cr | 6.0% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11115.36 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹195.04 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹963.86 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹963.86 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.04 Cr | 7.2% |
About the AMC
Total AUM
₹7,906 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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We're here to help.
What is the current NAV of Bank of India Liquid Direct Growth?
The NAV of Bank of India Liquid Direct Growth, as of 25-Jul-2024, is ₹2845.25.
What are the returns of Bank of India Liquid Direct Growth?
The fund has generated 7.43% over the last 1 year and 5.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Bank of India Liquid Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 6.01% in bonds, and 93.77% in cash and cash equivalents.
Who manages the Bank of India Liquid Direct Growth?
The fund managers responsible for Bank of India Liquid Direct Growth are:-
- Mithraem Bharucha
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.