Bank of India Liquid Fund Direct Growth
Debt
Direct
Liquid
NAV as on 27-11-2024
₹ 2914.29
Inception Returns
6.9%
/yr
About Bank of India Liquid Fund Direct Growth
Bank of India Liquid Fund Direct 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 Growth has ₹1774 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.
Returns
Bank of India Liquid Fund Direct Growth has given a CAGR return of 6.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.50%, 6.40% and 5.37% respectively.
Holdings
Bank of India Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government. Its top holdings are 364 Days T - Bill- 06/02/2025, ICICI Bank Ltd., 91 DTB 03012025, 08.07 GJ Sdl 2025, 364 Day T-Bill 30.01.25
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Bank of India Liquid Fund Direct Growth
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. There is no assurance that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Bank of India Liquid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bank of India Liquid Fund Direct Growth Overview
| Expense ratio | 0.1% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹1774 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/-- |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 709.41% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (27-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.8K Cr as of Oct'24
- AUM increased by 317.3 Cr between Oct'24 and Sep'24
Top 2 Sectors in October were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 Days T - Bill- 06/02/2025 | 5.56% | 0% | |
ICICI Bank Ltd. | 5.55% | 0% | |
91 DTB 03012025 | 4.19% | 0% | |
08.07 GJ Sdl 2025 | 2.83% | 0% | |
364 Day T-Bill 30.01.25 | 2.78% | 0% |
Mutual Fund Insights
Bank of India Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹1774 Cr
Expense Ratio 0.1%
Frequently Asked Questions for Bank of India Liquid Fund Direct Growth
Bank of India Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.61% | 3.61% |
1 Year Returns | 7.5% | 7.5% |
3 Years Returns | 20.47% | 6.4% |
5 Years Returns | 29.89% | 5.37% |
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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AAA | 100 |