Fund Overview
Fund Size
₹1,626 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 19-Sep-24, it has a Net Asset Value (NAV) of ₹2875.52, Assets Under Management (AUM) of 1626.32 Crores, and an expense ratio of 0.1%.
- Bank of India Liquid Direct Growth has given a CAGR return of 6.86% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.80% 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
+7.46%
+6.02% (Cat Avg.)
3 Years
+6.16%
+5.31% (Cat Avg.)
5 Years
+5.30%
+4.43% (Cat Avg.)
10 Years
+6.44%
+5.13% (Cat Avg.)
Since Inception
+6.86%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Others | ₹1,626.32 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹74.82 Cr | 4.18% |
| 91 DTB 18102024 | Bond - Gov't/Treasury | ₹74.37 Cr | 4.15% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹73.7 Cr | 4.12% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹64.26 Cr | 3.59% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹53.33 Cr | 2.98% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹49.9 Cr | 2.79% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.89 Cr | 2.79% |
| NTPC Ltd. | Cash - Commercial Paper | ₹49.82 Cr | 2.78% |
| Reliance Industries Limited | Cash - Commercial Paper | ₹49.76 Cr | 2.78% |
| Axis Securities Limited | Cash - Commercial Paper | ₹49.44 Cr | 2.76% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹49.42 Cr | 2.76% |
| State Bank Of India | Cash - CD/Time Deposit | ₹49.42 Cr | 2.76% |
| 91 DTB 15112024 | Bond - Gov't/Treasury | ₹49.34 Cr | 2.76% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹49.33 Cr | 2.76% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.31 Cr | 2.75% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹49.29 Cr | 2.75% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹49.29 Cr | 2.75% |
| Indian Bank | Cash - CD/Time Deposit | ₹49.24 Cr | 2.75% |
| Bajaj Financial Securities Limited | Cash - Commercial Paper | ₹49.17 Cr | 2.75% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.16 Cr | 2.75% |
| Poonawalla Fincorp Limited | Cash - Commercial Paper | ₹49.15 Cr | 2.75% |
| Larsen And Toubro Limited | Cash - Commercial Paper | ₹49.15 Cr | 2.75% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹48.77 Cr | 2.72% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹46.83 Cr | 2.62% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹40.82 Cr | 2.28% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹37.92 Cr | 2.12% |
| India (Republic of) | Bond - Short-term Government Bills | ₹26.38 Cr | 1.47% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹24.98 Cr | 1.40% |
| 6.18% Govt Stock 2024 | Bond - Gov't/Treasury | ₹24.97 Cr | 1.39% |
| PNb Housing Finance Limited | Cash - Commercial Paper | ₹24.96 Cr | 1.39% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.95 Cr | 1.39% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹24.94 Cr | 1.39% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.94 Cr | 1.39% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.93 Cr | 1.39% |
| 91 DTB 03102024 | Bond - Gov't/Treasury | ₹24.86 Cr | 1.39% |
| 182 DTB 24102024 | Bond - Gov't/Treasury | ₹24.76 Cr | 1.38% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.76 Cr | 1.38% |
| 91 DTB 31102024 | Bond - Gov't/Treasury | ₹24.73 Cr | 1.38% |
| 364 DTB 14112024 | Bond - Gov't/Treasury | ₹24.67 Cr | 1.38% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹24.64 Cr | 1.38% |
| Axis Finance Limited | Cash - Commercial Paper | ₹24.63 Cr | 1.38% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹24.57 Cr | 1.37% |
| Hindustan Petroleum Corporation Limited | Cash - Commercial Paper | ₹19.9 Cr | 1.11% |
| Repo | Cash - Repurchase Agreement | ₹12.16 Cr | 0.68% |
| Corporate Debt Market Development Fund | Mutual Fund - Open End | ₹3.6 Cr | 0.20% |
| Net Receivables / (Payables) | Cash | ₹0.77 Cr | 0.04% |
| Treps | Cash - Repurchase Agreement | ₹0.02 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹888.71 Cr | 49.65% |
| Cash - CD/Time Deposit | ₹532.73 Cr | 29.76% |
| Bond - Gov't/Treasury | ₹325.67 Cr | 18.19% |
| Bond - Short-term Government Bills | ₹26.38 Cr | 1.47% |
| Cash - Repurchase Agreement | ₹12.18 Cr | 0.68% |
| Mutual Fund - Open End | ₹3.6 Cr | 0.20% |
| Cash | ₹0.77 Cr | 0.04% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
| Bond - Corporate Bond | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.45%
Cat. avg.
0.56%
Lower the better
Sharpe Ratio
This fund
1.50
Cat. avg.
-1.42
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.50
Higher the better
Fund Managers
Mithraem Bharucha
Since August 2021
Additional Scheme Detailsas of 31st August 2024
ISIN | INF761K01785 | Expense Ratio | 0.10% | Exit Load | No Charges | Fund Size | ₹1,626 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
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  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3568.45 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹70.32 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹794.39 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹794.39 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹50.88 Cr | 5.9% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11400.05 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹249.54 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹784.74 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹784.74 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹249.54 Cr | 7.2% |
About the AMC
Total AUM
₹10,118 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Bank of India Liquid Direct Growth?
What are the returns of Bank of India Liquid Direct Growth?
What is the portfolio composition of Bank of India Liquid Direct Growth?
Who manages the Bank of India Liquid Direct Growth?
- Mithraem Bharucha
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.