3 Year return

6.38%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹2004.59 Cr.

Expense Ratio

0.1% (inclusive of GST)

Exit Load

0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.

Ratings

ARQ Rating
4

Ratings by other agencies

4
0
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

Bank of India Mutual Fund Managers

MB

Mithraem Bharucha

Fund Manager since Jan 2020

View Details

Fund House Details

Bank of India Mutual Fund

Bank of India Mutual Fund Asset management company

AUM ₹10,335.73 Cr.
No. of Schemes 69
Setup Date March 2008

Peer Comparison

Comparison with other similar funds

Funds
3 Y Returns
ARQ Rating

Quant Liquid Fund

6.36%

2

Mahindra Manulife Liquid Fund

6.45%

3.5

Edelweiss Liquid Fund

6.42%

2

Schemes by Bank of India Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return 5.43%
Expense Ratio 0.1%
Fund Manager Mithraem Bharucha
Fund Size ₹2004.59 Cr
Risk Profile Moderately Low

AMC Contact Details

Name Bank of India Mutual Fund
Launch Date March 2008
Addresss Bank of India Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013.
Contact 022-61249000 1800 - 266 - 2676 1800 - 103 – 2263 91-22-61249024
Email service@boimf.in
Website https://www.boimf.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment Dec 04 2024 is 1002.6483

What is the AUM of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment is 2004.59 crore.

What is the expense ratio of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment is 0.1%

What are the returns of Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment since inception?

The Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 7.31 since inception.

What is the minimum SIP amount to invest in Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment is 1000.

How do I invest in Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Bank of India Liquid Fund Direct Plan Daily IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.