Bank of India Liquid Fund Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 2623.5 as on 04-06-2023
Fund Performance
12 people have invested ₹ 10.7L in Bank of India Liquid Fund Direct Plan Growth in the last three months
Fund Insights
In the last 1 year, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.46% return, outperforming Bank of India Liquid Fund Direct Plan Growth by 0.06%
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 4.47% return, outperforming Bank of India Liquid Fund Direct Plan Growth by 0.06% per annum
In the last 5 years, Franklin India Liquid Super Institutional Plan Direct Growth has given 5.41% return, outperforming Bank of India Liquid Fund Direct Plan Growth by 0.13% per annum
Bank of India Liquid Fund Direct Plan Growth has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.11% which is lower than the category average expense ratio of 0.27%
Over the last 3 months, Bank of India Liquid Fund Direct Plan Growth has experienced a 87.0% growth in AUM moving from 460.7 Cr to 861.38 Cr
About the Fund
Bank of India Liquid Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Mithraem Bharucha. This fund is suitable to keep your money safe.
Key Parameters
- Bank of India Liquid Fund Direct Plan Growth has a NAV of ₹2623.5 as on 04-06-2023.
- Bank of India Liquid Fund Direct Plan Growth has ₹861 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
- The fund has an expense ratio 0.1.
Bank of India Liquid Fund Direct Plan Growth Overview
 | 0.11% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹861 Cr |
 | 1 January, 2013 |
 | ₹5000/₹0 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 680.54% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
74.9%
Corporate
16.8%
Government
8.3%
Top Holdings of Bank of India Liquid Fund Direct Plan Growth as on (31-May-23)
Debt Holdings16
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Repo | 20.34% | 0% | |
HDFC Bank Limited | 9.74% | 0% | |
Small Industries Development Bank Of India | 5.42% | 0% | |
Axis Bank Limited | 5.41% | 100% | |
Godrej Industries Limited | 5.41% | 100% |
See all
Bank of India Liquid Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Liquid Index returns stands at 0.41% as on Apr'23
- This fund outperformed Liquid Index by 0.08% in Apr'23
AUM Change
- AUM of the fund stands at 590.2 Cr as of Apr'23
- AUM decreased by 90.1 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Bank of India Liquid Fund Direct Plan Growth Fund Manager
Mithraem Bharucha
Fund Manager of Bank of India Liquid Fund Direct Plan Growth, since 17 August 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.8% since inception which is more than its category average return of 4.75%
AUM size ₹861 Cr
This fund has AUM of ₹861 Cr which is less than its category average of ₹ 11809 Cr
Expense Ratio 0.11%
This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Bank of India Liquid Fund Direct Plan Growth is ₹2623.54 as on 04-Jun-2023.
Existing (Absolute + CAGR) as on 04-Jun-2023.
Bank of India Liquid Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.47% | 3.47% |
1 Year Returns | 6.39% | 6.39% |
3 Years Returns | 13.81% | 4.41% |
5 Years Returns | 29.34% | 5.28% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.11% as on May 2023
₹861 Cr as on May 2023
Repo(20.34%), HDFC Bank Limited(9.74%), Small Industries Development Bank Of India(5.42%), Canara Bank(5.41%), Axis Bank Limited(5.41%) as on May 2023
Cash Equivalent(62.67%), Corporate(25.9%), Government(11.43%) as on May 2023
Yield to Maturity is 7.02 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.13 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Mithraem Bharucha is the fund manager of Bank of India Liquid Fund Direct Plan Growth
The Exit load of Bank of India Liquid Fund Direct Plan Growth is 0.01%