3 Year return
6.26%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹1530.79 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.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Bank of India Mutual Fund Managers
MB
Mithraem Bharucha
Fund Manager since Jan 2020
Fund House Details
Bank of India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant Liquid Fund |
6.22% |
2 |
Mahindra Manulife Liquid Fund |
6.27% |
3.5 |
Edelweiss Liquid Fund |
6.25% |
2 |
Schemes by Bank of India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Annual IDCW Reinvestment
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Bank of India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
About Bank of India Liquid Fund Direct Plan Growth
The Bank of India Liquid Fund Direct Plan Growth is an open-ended liquid fund. It means that you can buy and sell units of the fund anytime, without any lock-in period. The fund invests in a variety of money market instruments, such as treasury bills, commercial papers, and certificates of deposit. The Bank of India Liquid Fund Direct Plan Growth is an open-ended fund. The expense ratio of the Bank of India Liquid Fund Direct Plan Growth is 0.49%, which is lower than the category average of 0.65%.
Investment Objectives of the Scheme
The investment objective of the Bank of India Liquid Fund Direct Plan Growth is to generate reasonable market-related returns with low risk and high liquidity.
Key Features of The Fund
5-year return | 5.33% |
Expense Ratio | 0.1% |
Fund Manager | Mithraem Bharucha |
Fund Size | ₹1530.79 Cr |
Risk Profile | Moderately Low |
Is This Scheme Right for Me?
This fund is suitable for investors who want to invest for short-term goals, such as meeting emergency expenses or making a down payment on a house. It is also a good option for investors who want to park their money in a liquid instrument with low risk. If you are looking for an investment option that offers low risk, high liquidity, and the potential for reasonable returns, then the Bank of India Liquid Fund Direct Plan Growth could be a good choice for you.
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 |
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?
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What is the minimum SIP amount to invest in Bank of India Liquid Fund?
How do I invest in Bank of India Liquid Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Bank of India Liquid Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Bank of India Liquid Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Bank of India Liquid Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.