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4 star

Bank of India Liquid Fund - Regular Plan download report


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Bank of India Liquid Reg-G 2.40 0.01 0.11 0.39 1.18 2.07 3.80 3.99 5.25 5.85 6.78
CCIL T Bill Liquidity Weight 1.21 0.05 0.09 0.28 0.61 1.05 2.04 2.63 3.27 3.65 4.22
Debt: Liquid 2.30 0.01 0.11 0.39 1.14 1.98 3.64 3.88 5.17 5.76 6.72
Rank within category 2 39 9 17 5 2 3 20 17 16 17
Number of funds in category 40 40 40 40 40 40 40 39 33 32 31

As on 05-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Bank of India Liquid Fund - Regular Plan  | Invest Online
4 star
Jul-08 3.80 3.99 5.25 0.22 359
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.73 4.03 5.29 0.24 27,542
Axis Liquid Fund
4 star
Oct-09 3.76 4.07 5.33 0.20 20,917
Baroda BNP Paribas Liquid Fund
5 star
Feb-09 3.78 4.05 5.31 0.27 6,654
Mirae Asset Cash Management Fund  | Invest Online
4 star
Jan-09 3.72 4.04 5.28 0.27 3,472

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.47 24-Mar-2020 - 31-Mar-2020 -0.16 17-Mar-2020 - 24-Mar-2020
Month 0.98 12-Sep-2008 - 13-Oct-2008 0.14 23-Feb-2020 - 24-Mar-2020
Quarter 2.71 24-Jul-2013 - 23-Oct-2013 0.66 09-Nov-2009 - 08-Feb-2010
Year 9.80 26-Jul-2013 - 27-Jul-2014 3.13 09-Jul-2020 - 09-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Bank of India Liquid Reg-G 3.93 0.29 1.52 5.28 0.64 1.01
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Liquid 3.82 0.29 1.06 4.41 0.60 0.87
Rank within category 20 15 12 23 18 22
Number of funds in category 39 39 39 39 39 39

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 16 7 55
Modified Duration (yrs) 0.10 0.16 0.05 0.09
Average Maturity (yrs) 0.12 0.16 0.06 0.10
Yield to Maturity (%) 6.07 6.07 3.18 5.68
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 7.89 6.97
new 7.03% REC 2022 Non Convertible Debenture AAA 0.00 - 6.97 6.97
equal Reserve Bank of India 182-D 11/08/2022 Treasury Bills SOV 0.00 - 7.82 6.95
new HDFC-Warrant 362-D 22/08/2022 Commercial Paper A1+ 0.00 - 6.94 6.94
equal L&T Finance 78-D 30/08/2022 Commercial Paper A1+ 0.00 - 7.80 6.93
equal IIFL Finance 88-D 26/08/2022 Commercial Paper A1+ 0.00 - 7.78 6.93
equal Reserve Bank of India 91-D 08/09/2022 Treasury Bills SOV 0.00 - 7.79 6.92
new Reserve Bank of India 91-D 15/09/2022 Treasury Bills SOV 0.00 - 6.92 6.92
equal HDFC 150-D 16/09/2022 Commercial Paper A1+ 0.00 - 7.78 6.91
equal Reliance Jio Infocomm 178-D 19/09/2022 Commercial Paper A1+ 0.00 - 7.77 6.91
new State Bank of India 2022 Certificate of Deposit A1+ 0.00 - 6.89 6.89
new National Bank Agr. Rur. Devp 90-D 18/10/2022 Commercial Paper A1+ 0.00 - 6.88 6.88
new ICICI Securities 88-D 21/10/2022 Commercial Paper A1+ 0.00 - 6.87 6.87
equal IIFL Wealth Prime 90-D 30/08/2022 Commercial Paper A1+ 0.00 - 3.11 2.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Mithraem Bharucha since 17-Aug-2021

Education: Mr. Bharucha is a BMS and MBA

Experience: Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

Funds Managed:


--

Change from previous, NAV as on 07-Aug-2022

Growth: ₹ 2,465.6619

IDCW Weekly: ₹ 1,002.1977

IDCW Daily: ₹ 1,002.1069


Investment Strategy

The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 80% into securities having average maturity less than or equal to 6 months with low risk profile.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.

Basic Details

Fund House: Bank of India Mutual Fund
Launch Date: 16-Jul-2008
Return Since Launch: 6.63%
Benchmark: CRISIL Liquid Fund BI Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 359 Cr (As on 31-Jul-2022)
Expense Ratio: 0.22% (As on 30-Jun-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily07-Aug-20220.1503

 06-Aug-20220.1504
 05-Aug-20220.0856
 04-Aug-20220.1408
 03-Aug-20220.1419
 02-Aug-20220.2168
 01-Aug-20220.2181
 31-Jul-20220.1610
 30-Jul-20220.1606
 29-Jul-20220.1446
 28-Jul-20220.1286
 27-Jul-20220.0229
 26-Jul-20220.0020
 25-Jul-20220.1423
 24-Jul-20220.1425
 23-Jul-20220.1422
 22-Jul-20220.1109
 21-Jul-20220.0517
 20-Jul-20220.0555
 19-Jul-20220.1142
 18-Jul-20220.1229
 17-Jul-20220.1374
 16-Jul-20220.1372
 15-Jul-20220.1185
 14-Jul-20220.1536
IDCW Weekly01-Aug-20220.8375

 25-Jul-20220.7590
 18-Jul-20220.9165
 11-Jul-20220.9685
 04-Jul-20221.1397
 27-Jun-20220.9831
 20-Jun-20220.8420
 13-Jun-20220.8782
 06-Jun-20220.8688
 30-May-20220.8900
 23-May-20220.8351
 16-May-20220.8218
 09-May-20220.3057
 02-May-20220.6071
 25-Apr-20220.7436
 18-Apr-20220.7091
 11-Apr-20220.5725
 04-Apr-20221.0139
 28-Mar-20220.7007
 21-Mar-20220.7771
 14-Mar-20220.7239
 07-Mar-20220.6231
 28-Feb-20220.6521
 21-Feb-20220.6601
 14-Feb-20220.6579

Contact Information

AMC: Bank of India Investment Managers Private Limited

Address: B/204-Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013

Email: [email protected]

Website: https://www.boimf.in/

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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