Bank of India Liquid Fund Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 2792.26 as on 18-04-2024
Fund Performance
86 people have invested ₹ 92.1L in Bank of India Liquid Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 2.9% drop in AUM moving from 1.36K Cr to 1.32K Cr.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.72% return, outperforming this fund by 0.12% per annum.
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.13% which is lower than the category average expense ratio of 0.27%.
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.39% return, outperforming this fund by 0.02%.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.78% return, outperforming this fund by 0.53% per annum.
About the Bank of India Liquid Fund Direct Plan Growth
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 . This fund is suitable to keep your money safe.
Key Parameters
- Bank of India Liquid Fund Direct Plan Growth has ₹1322 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Bank of India Liquid Fund Direct Plan Growth Overview
 | 0.13% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1322 Cr |
 | 1 January, 2013 |
 | ₹5000/-- |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 885.19% |
Bank of India Liquid Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
44.4%
Cash Equivalent
37.2%
Government
18.4%
Top Holdings of Bank of India Liquid Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings28
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 5.59% | 200% | |
ICICI Bank Limited | 5.59% | 50% | |
Axis Bank Limited | 5.58% | 100% | |
Larsen & Toubro Ltd. | 3.77% | 0% | |
Kotak Securities Ltd | 3.75% | 0% |
See all
Bank of India Liquid Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.3K Cr as of Mar'24
- AUM decreased by 39 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Bank of India Liquid Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.84% since inception which is more than its category average return of 4.81%
AUM size ₹1322 Cr
This fund has AUM of ₹1322 Cr which is less than its category average of ₹ 11251 Cr
Expense Ratio 0.13%
This fund has an expense ratio of 0.13% 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 ₹2792.26 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Bank of India Liquid Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 7.37% | 7.37% |
3 Years Returns | 17.76% | 5.6% |
5 Years Returns | 29.16% | 5.25% |
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.
0.13% as on March 2024
₹1322 Cr as on March 2024
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(5.59%), ICICI Bank Limited(5.59%), Axis Bank Limited(5.58%), Larsen & Toubro Ltd.(3.77%), Kotak Securities Ltd(3.75%) as on March 2024
Corporate(44.35%), Cash Equivalent(37.23%), Government(18.41%) as on March 2024
Yield to Maturity is 7.4 as on March 2024. 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 0.12 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of Bank of India Liquid Fund Direct Plan Growth is 0.01%