Data as on 04th feb 2025

Bank Of India LIQUID FUND

  • Fund Type : An Open Ended Liquid Scheme. A Relatively Low Interest Rate Risk and Moderate Credit Risk.
    Entry Load : Nil
    Date of Allotment : July 16, 2008
    Features : Liquity SIP SWP STP
  • Benchmark :
    Tier 1: CRISIL Liquid Debt A-I Index
    Exit Load :
    Investor exit upon Subscription Exit Load(as a % of redemption proceeds)
    1 day 0.0070%
    2 days 0.0065%
    3 days 0.0060%
    4 days 0.0055%
    5 days 0.0050%
    6 days 0.0045%
    7 days or more Nil

Investment Objective

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.

Fund Manager

  • Mr. Mithraem Bharucha

    BMS and MBA

    Mithraem Bharucha
    See detail

Fund Highlights

  • Open-ended liquid scheme suitable for short-term deployment of funds.
  • Bank of India Liquid Fund operates on the principles of safety, liquidity and returns where capital preservation is of utmost importance.
  • It is an ideal investment avenue for very short-term parking of excess liquidity.
  • Maintains a very low portfolio duration to meet any liquidity requirements, while endeavoring to preserve capital.
  • Click here for KIM
  • Click here for SID

Riskometer

Scheme Riskometer:

The above Riskometer is based on the portfolio as on October, 2024.

This product is suitable for investors who are seeking*:

Income over short term.

Investment in Debt and Money Market Instruments.

Benchmark Riskometer: CRISIL Liquid Debt B-I Index:

The above Riskometer is based on the portfolio as on October 31, 2021.

Income over short term.

Investment in Debt and Money Market Instruments.

*Investor should consult their financial advisor if they are not clear about the suitability of the product.

Potential Risk Class Matrix
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest rate Risk
Relatively Low (Class I) B-I
Moderate (Class II)
Relatively High (Class III)

Top 10 Portfolio Holdings

Portfolio Details % to Net Assets
Government of India 19.1%
Axis Bank Limited 7.4%
Bank of Baroda 7.1%
Canara Bank 7.1%
Union Bank of India 5.7%
ICICI Securities Limited 4.3%
LIC Housing Finance Limited 4.3%
HDFC Securities Limited 4.2%
Aditya Birla Finance Limited 2.8%
National Bank For Agriculture and Rural Development 1.4%

Credit Profile

77.1
A1+
19.1
SOV
3.1
Others*
0.8
TREPS

Asset Allocation

79.9%
Money Market Instruments
17.2%
Government Bond And Treasury Bill
2.7%
Cash & Other Receivables
0.2%
Corporate Debt Market Development Fund
  • Scheme
  • Benchmark

Fund Performance

Total Expense Ratio

Performance(Regular Plan – Growth)
1 yr 7.4 % 7.2 %
3 yrs 6.7 % 6.6 %
5 yrs 5.4 % 5.5 %

IDCW History

CLICK HERE TO VIEW THE IDCW HISTORY

Liq-uity

 

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund  get transferred (BAUSDF) to BOI AXA Large & Mid Cap Fund (BALMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

Liq-uity is a revolutionary new concept in investing where the daily gains, if any, from BOI AXA Liquid Fund (BALF) or BOI AXA Ultra Short Duration Fund (BAUSDF) get transferred to BOI AXA Large & Mid Cap Fund (BAELMCF) / BOI AXA MANUFACTURING & INFRASTRUCTURE FUND (BAMIF) on all business days. So your capital is liquid, and your daily gains keep growing! Could there be a better way to invest?

WHAT IS Liq-uity

  • For investors opting for the Daily Dividend Transfer Facility under Liq-uity in BALF/ BAUSDF, the daily dividend gets transferred to BALMCF / BAMIF while the initial investment remains invested in BALF / BAUSDF.
  • For investors opting for the Growth Option, the daily appreciation in NAV gets switched from BALF / BAUSDF in to BALMCF/ BAMIF. To effect the switch, the Units in BALF/BAUSDF will automatically get redeemed to the extent of the daily appreciation amount and the appreciation amount will be invested in BALMCF/ BAMIF.
  • Daily transfer of such gains enables you to ride market volatility with the endeavor to optimize returns.

Advantages of Liq-uity

  • Enables investors to get the best out of both fixed income and equity investments
    • Enjoy the benefits of Liq-uity
    • Enjoy the opportunity to earn attractive returns in line with equity markets
  • Conservative
    • Only your gains earned from BALF / BAUSDF are transferred to  BALMCF/ BAMIF
    • Initial Capital remains invested in BALF / BAUSDF at all times
  • Daily Participation in Equities
    • Take advantage of Rupee Cost Averaging on a daily basis (on all business days)
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