Bank of India Liquid Fund Direct Plan Growth
Debt
Direct
Liquid
NAV: ₹ 2806.35 as on 16-05-2024
About the Fund
Bank of India Liquid Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Bank of India Liquid Fund Direct Plan Growth has ₹1318 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Fund Performance
96 people have invested ₹ 1Cr in Bank of India Liquid Fund Direct Plan Growth in the last three months
Overview
 | 0.12% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1318 Cr |
 | 1 January, 2013 |
 | ₹5000/-- |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 885.19% |
Bank of India Liquid Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
47.7%
Cash Equivalent
38.4%
Government
13.9%
Top Holdings of Bank of India Liquid Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings32
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 5.65% | 0% | |
Axis Bank Limited | 5.64% | 0% | |
ICICI Bank Limited | 5.64% | 0% | |
Punjab National Bank | 3.77% | 0% | |
Bank Of Baroda | 3.77% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.3K Cr as of Apr'24
- AUM decreased by 4.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.04%.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.53% per annum.
Over the last 6 months, this fund has experienced a 12.1% drop in AUM moving from 1.49K Cr to 1.31K Cr.
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.12% which is lower than the category average expense ratio of 0.26%.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.08% per annum.
Peer Analysis
Bank of India Liquid Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.84% since inception which is more than its category average return of 4.81%
AUM size ₹1318 Cr
This fund has AUM of ₹1318 Cr which is less than its category average of ₹ 12184 Cr
Expense Ratio 0.12%
This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Bank of India Liquid Fund Direct Plan Growth is ₹2806.35 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bank of India Liquid Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.73% | 3.73% |
1 Year Returns | 7.37% | 7.37% |
3 Years Returns | 18.05% | 5.69% |
5 Years Returns | 29.11% | 5.24% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.12% as on April 2024
₹1318 Cr as on April 2024
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(5.65%), ICICI Bank Limited(5.64%), Axis Bank Limited(5.64%), Punjab National Bank(3.77%), Small Industries Development Bank Of India(3.77%) as on April 2024
Corporate(47.69%), Cash Equivalent(38.4%), Government(13.92%) as on April 2024
Yield to Maturity is 7.47 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.16 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of Bank of India Liquid Fund Direct Plan Growth is 0.01%