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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 2.58 0.00 0.05 0.27 0.79 1.58 3.15 4.83 5.68 6.38 7.11
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
Debt: Liquid 2.55 0.00 0.05 0.26 0.78 1.57 3.11 4.77 5.56 6.26 7.15
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

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 3.15 4.83 5.68 0.21% 299
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.14 4.95 5.73 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.15 4.99 5.77 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.18 4.97 5.78 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.12 4.98 5.76 0.32% 21,655

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 4.83 0.50 1.77 7.44 1.06 1.53
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44
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

Portfolio Aggregates

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 -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 16.61 16.61
new Indian Oil Corporation 46-D 22/10/2021 Commercial Paper A1+ 0.00 - 8.34 8.34
new Berger Paints India 32-D 29/10/2021 Commercial Paper A1+ 0.00 - 8.33 8.33
equal HDFC 28/10/2021 Commercial Paper A1+ 0.00 - 8.33 8.33
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 8.31 8.31
new Reliance Industries 91-D 09/12/2021 Commercial Paper A1+ 0.00 - 8.30 8.30
new Godrej Agrovet 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 8.29 8.29

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 30-Sep-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:


0.00%

Change from previous, NAV as on 25-Oct-2021

Growth: ₹ 2,391.2963

IDCW Weekly: ₹ 1,001.3124

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

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.

Basic Details

Fund House: BOI AXA Mutual Fund
Launch Date: 16-Jul-2008
Return Since Launch: 6.78%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 299 Cr (As on 30-Sep-2021)
Expense: 0.21% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily25-Oct-20210.0035

 24-Oct-20210.0902
 23-Oct-20210.0902
 22-Oct-20210.0805
 21-Oct-20210.0877
 20-Oct-20210.0734
 19-Oct-20210.0890
 18-Oct-20210.0169
 17-Oct-20210.0865
 16-Oct-20210.0865
 15-Oct-20210.0862
 14-Oct-20210.0791
 13-Oct-20210.0957
 12-Oct-20210.0987
 11-Oct-20210.1200
 10-Oct-20210.0870
 09-Oct-20210.0870
 08-Oct-20210.1751
 07-Oct-20210.0954
 06-Oct-20210.0951
 05-Oct-20210.0802
 04-Oct-20210.1029
 03-Oct-20210.0891
 02-Oct-20210.0892
 01-Oct-20210.1085
IDCW Weekly25-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
 19-Jul-20210.6224
 12-Jul-20210.5942
 05-Jul-20210.5972
 28-Jun-20210.6404
 21-Jun-20210.6130
 14-Jun-20210.6086
 07-Jun-20210.6096
 31-May-20210.6111
 24-May-20210.5916
 17-May-20210.5973
 10-May-20210.5460

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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