1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
"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:
|CCIL T Bill Liquidity Weight||1.64||0.00||0.02||0.10||0.49||1.04||2.01||3.31||3.61||4.04||4.51|
|Rank within category||24||28||22||6||15||27||24||27||22||21||27|
|Number of funds in category||41||42||42||42||42||42||41||38||35||34||32|
As on 25-Oct-2021
|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||Jul-08||3.15||4.83||5.68||0.21%||299|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||3.14||4.95||5.73||0.32%||34,592|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||3.15||4.99||5.77||0.32%||28,554|
|Axis Liquid Fund||Oct-09||3.18||4.97||5.78||0.26%||24,318|
|Nippon India Liquid Fund | Invest Online||Dec-03||3.12||4.98||5.76||0.32%||21,655|
|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|
|CCIL T Bill Liquidity Weight||3.34||0.40||-1.54||-3.94||--||--|
|Rank within category||27||17||26||10||18||27|
|Number of funds in category||38||38||38||38||38||38|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Sep-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||7||11||6||34|
|Modified Duration (yrs)||0.09||0.12||0.05||0.09|
|Average Maturity (yrs)||0.09||0.13||0.05||0.09|
|Yield to Maturity (%)||3.44||3.44||2.89||3.47|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 02/12/2021||Treasury Bills||SOV||0.00 - 16.61||16.61|
|Indian Oil Corporation 46-D 22/10/2021||Commercial Paper||A1+||0.00 - 8.34||8.34|
|Berger Paints India 32-D 29/10/2021||Commercial Paper||A1+||0.00 - 8.33||8.33|
|HDFC 28/10/2021||Commercial Paper||A1+||0.00 - 8.33||8.33|
|Reserve Bank of India 182-D 25/11/2021||Treasury Bills||SOV||0.00 - 8.31||8.31|
|Reliance Industries 91-D 09/12/2021||Commercial Paper||A1+||0.00 - 8.30||8.30|
|Godrej Agrovet 91-D 17/12/2021||Commercial Paper||A1+||0.00 - 8.29||8.29|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-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.
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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.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||1,000|
|Minimum 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.
|Fund House:||BOI AXA Mutual Fund|
|Return Since Launch:||6.78%|
|Benchmark:||CRISIL Liquid Fund Index|
|Riskometer:||Low to Moderate|
|Assets:||₹ 299 Cr (As on 30-Sep-2021)|
|Expense:||0.21% (As on 30-Sep-2021)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]