VR Logo

2 star

BOI AXA Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.51 0.01 0.06 0.28 0.80 1.83 4.51 6.21 6.62 7.25 7.54
CCIL T Bill Liquidity Weight 2.70 0.02 0.06 0.24 0.60 1.32 3.29 3.94 4.14 4.58 4.77
Debt: Liquid 3.41 0.01 0.06 0.28 0.82 1.76 4.41 6.00 6.41 7.10 7.68
Rank within category 23 6 20 26 27 14 23 22 20 20 25
Number of funds in category 39 39 39 39 39 39 39 35 34 33 30

As on 21-Oct-2020

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
2 star
Jul-08 4.51 6.21 6.62 0.21 320
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.72 6.30 6.68 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.35 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.71 6.35 6.72 0.30 24,930
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.73 6.34 6.72 0.25 24,817

Best & Worst Performance

Best (Period) Worst (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) 3.47 (28-May-2009 - 28-May-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.10 0.40 2.60 3.47 0.76 1.92
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 24 25 24 22 22 18
Number of funds in category 36 36 36 35 36 36

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 17 6 36
Modified Duration (yrs) 0.10 0.14 0.01 0.10
Average Maturity (yrs) 0.10 0.16 0.07 0.09
Yield to Maturity (%) 3.33 5.30 3.25 3.38
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 15.57 15.57
down Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 30.48 7.80
equal ICICI Securities 90-D 22/10/2020 Commercial Paper A1+ 0.00 - 7.80 7.80
equal Reserve Bank of India 91-D 05/11/2020 Treasury Bills SOV 0.00 - 7.79 7.79
equal Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 7.79 7.79
equal Reliance Industries 91-D 29/10/2020 Commercial Paper A1+ 0.00 - 7.79 7.79
equal LIC Housing Fin. 360-D 19/11/2020 Commercial Paper A1+ 0.00 - 7.78 7.78
new Bajaj Finance 91-D 07/12/2020 Commercial Paper A1+ 0.00 - 7.76 7.76
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 6.22 6.22
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 4.67 4.67
new Axis Finance 91-D 11/12/2020 Commercial Paper A1+ 0.00 - 4.66 4.66

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-2020

Fund Manager

— Amit Modani since 22-Oct-2018

Education: Mr. Modani is Chartered Accountant

Experience: Prior to joining BOI AXA Mutual Fund, he has worked with Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 2,317.5885

Dividend Weekly: ₹ 1,001.5096

Dividend 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 (₹) --
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: 7.09%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 320 Cr (As on 30-Sep-2020)
Expense: 0.21% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily21-Oct-20200.1039

 20-Oct-20200.0934
 19-Oct-20200.0888
 18-Oct-20200.0820
 17-Oct-20200.0825
 16-Oct-20200.0986
 15-Oct-20200.0963
 14-Oct-20200.1241
 13-Oct-20200.0995
 12-Oct-20200.0896
 11-Oct-20200.0910
 10-Oct-20200.0910
 09-Oct-20200.0849
 08-Oct-20200.0826
 07-Oct-20200.1051
 06-Oct-20200.0871
 05-Oct-20200.0832
 04-Oct-20200.0853
 03-Oct-20200.0852
 02-Oct-20200.0849
 01-Oct-20200.0718
 30-Sep-20200.1729
 29-Sep-20200.0804
 28-Sep-20200.1006
 27-Sep-20200.0929
Dividend Weekly19-Oct-20200.6715

 12-Oct-20200.6310
 05-Oct-20200.6634
 28-Sep-20200.6062
 21-Sep-20200.6133
 14-Sep-20200.4396
 07-Sep-20200.6338
 31-Aug-20200.5870
 24-Aug-20200.5910
 17-Aug-20200.6637
 10-Aug-20200.5917
 03-Aug-20200.5626
 27-Jul-20200.5744
 20-Jul-20200.5410
 13-Jul-20200.5907
 06-Jul-20200.6511
 29-Jun-20200.6906
 22-Jun-20200.7274
 15-Jun-20200.8340
 08-Jun-20200.5433
 01-Jun-20200.3969
 26-May-20201.3572
 18-May-20201.0789
 11-May-20201.0882
 04-May-20200.5391

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

Upcoming Video

Investors' Hangout

10 evil money habits you need to kick this Dussehra

dateFriday, 23-Oct-2020
time12:30 PM - 01:00 PM