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3 star

BOI AXA Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 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
Fund 0.14 0.01 0.07 0.31 0.88 1.70 3.31 4.54 5.54 6.22 7.02
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 4.43
Debt: Liquid 0.13 0.01 0.07 0.29 0.84 1.64 3.23 4.46 5.41 6.09 7.02
Rank within category 12 30 10 9 3 5 13 25 21 19 27
Number of funds in category 41 41 41 41 41 41 40 38 34 33 32

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BOI AXA Liquid Fund - Regular Plan  | Invest Online
3 star
Jul-08 3.31 4.54 5.54 0.23% 324
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.27 4.64 5.58 0.32% 32,834
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.31 4.69 5.63 0.33% 28,408
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.27 4.66 5.62 0.32% 23,456
Axis Liquid Fund
4 star
Oct-09 3.33 4.67 5.63 0.26% 23,318

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
Fund 4.50 0.45 1.72 10.40 0.97 1.35
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Liquid 4.42 0.45 1.51 9.12 0.93 1.25
Rank within category 26 15 26 20 18 26
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-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 16 6 32
Modified Duration (yrs) 0.11 0.11 0.05 0.08
Average Maturity (yrs) 0.11 0.11 0.05 0.08
Yield to Maturity (%) 3.63 3.63 3.16 3.48
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 Reserve Bank of India 91-D 24/02/2022 Treasury Bills SOV 0.00 - 23.04 23.04
equal Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 7.71 7.71
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 7.70 7.70
equal Chennai Petroleum Corporation 61-D 18/01/2022 Commercial Paper A1+ 0.00 - 7.70 7.70
equal Reliance Jio Infocomm 91-D 09/02/2022 Commercial Paper A1+ 0.00 - 7.69 7.69
equal Reliance Industries 91-D 09/02/2022 Commercial Paper A1+ 0.00 - 7.69 7.69
new REC 76-D 15/02/2022 Commercial Paper A1+ 0.00 - 7.68 7.68
new SAIL 60-D 25/02/2022 Commercial Paper A1+ 0.00 - 7.67 7.67
new IIFL Wealth Prime 69-D 28/02/2022 Commercial Paper A1+ 0.00 - 7.66 7.66
new Reserve Bank of India 91-D 31/03/2022 Treasury Bills SOV 0.00 - 3.06 3.06
new Export-Import Bank 196-D 24/03/2022 Certificate of Deposit A1+ 0.00 - 1.53 1.53
equal Muthoot Finance 30/01/2022 Debenture AA+ 0.00 - 1.47 1.47

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-Dec-2021

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 16-Jan-2022

Growth: ₹ 2,410.9051

IDCW Weekly: ₹ 1,001.9245

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: BOI AXA Mutual Fund
Launch Date: 16-Jul-2008
Return Since Launch: 6.73%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 324 Cr (As on 31-Dec-2021)
Expense: 0.23% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jan-20220.0824

 13-Jan-20220.1084
 12-Jan-20220.1329
 11-Jan-20220.1072
 10-Jan-20220.0631
 09-Jan-20220.0905
 08-Jan-20220.0903
 07-Jan-20220.0866
 06-Jan-20220.0915
 05-Jan-20220.1143
 04-Jan-20220.1222
 03-Jan-20220.1056
 02-Jan-20220.0932
 01-Jan-20220.0931
 31-Dec-20210.1306
 30-Dec-20210.0980
 29-Dec-20210.1223
 28-Dec-20210.0945
 27-Dec-20210.1230
 26-Dec-20210.0932
 25-Dec-20210.0933
 24-Dec-20210.1137
 23-Dec-20210.1136
 22-Dec-20210.0988
 21-Dec-20210.0504
IDCW Weekly10-Jan-20220.6583

 03-Jan-20220.7370
 27-Dec-20210.6858
 20-Dec-20210.6452
 13-Dec-20210.6783
 06-Dec-20210.6848
 29-Nov-20210.6875
 22-Nov-20210.6553
 15-Nov-20210.7180
 08-Nov-20210.8324
 01-Nov-20210.5867
 25-Oct-20210.5141
 18-Oct-20210.5494
 11-Oct-20210.7394
 04-Oct-20210.5931
 27-Sep-20210.5768
 20-Sep-20210.5712
 13-Sep-20210.5729
 06-Sep-20210.5784
 30-Aug-20210.6147
 23-Aug-20210.6367
 16-Aug-20210.6533
 09-Aug-20210.5945
 02-Aug-20210.6316
 26-Jul-20210.6254

Contact Information

AMC: BOI AXA Investment Managers Private Ltd.

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

Email: [email protected]

Website: http://www.boiaxamf.com

Registrar & Transfer Agent: KFin Technologies Pvt 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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