How to Invest in Bank of India Liquid Fund Direct IDCW Weekly?

You can easily invest in Bank of India Liquid Fund Direct IDCW Weekly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bank of India Liquid Fund Direct IDCW Weekly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bank of India Liquid Fund Direct IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bank of India Liquid Fund Direct IDCW Weekly provide?

The Bank of India Liquid Fund Direct IDCW Weekly has been there from 14 Jan 2013 and the average annual returns provided by this fund is 5.25% since its inception.

How much expense ratio is charged by Bank of India Liquid Fund Direct IDCW Weekly?

The term Expense Ratio used for Bank of India Liquid Fund Direct IDCW Weekly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bank of India Liquid Fund Direct IDCW Weekly is 0.13% as of 03 Feb 2023...

What is the AUM of Bank of India Liquid Fund Direct IDCW Weekly?

The AUM, short for Assets Under Management of Bank of India Liquid Fund Direct IDCW Weekly is ₹364.37Cr as of 03 Feb 2023.

How to Redeem Bank of India Liquid Fund Direct IDCW Weekly?

If you want to sell your Bank of India Liquid Fund Direct IDCW Weekly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bank of India Liquid Fund Direct IDCW Weekly?

You can select either SIP or Lumpsum investment of Bank of India Liquid Fund Direct IDCW Weekly based on your investment objective and risk tolerance.

What is the NAV of Bank of India Liquid Fund Direct IDCW Weekly?

The NAV of Bank of India Liquid Fund Direct IDCW Weekly is ₹1,062.15 as of 02 Feb 2023.

What is the PE and PB ratio of Bank of India Liquid Fund Direct IDCW Weekly?

The PE ratio ratio of Bank of India Liquid Fund Direct IDCW Weekly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Bank of India Liquid Fund Direct IDCW Weekly - NAV, Mutual Fund Performance & Portfolio

Bank of India Liquid Fund Direct IDCW Weekly
Debt
Liquid
Low to Moderate Risk
4.22%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 02 Feb 2023₹1,062.15
Min. SIP amountNot Supported
Rating4
Fund size₹364.37Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.3%4.2%5.3%6.8%
Category average5.0%4.0%5.1%NA
Rank with in category31818NA
Understand terms
Holdings (13)NameSectorInstrumentAssets
Power Grid Corporation Of India Ltd.
EnergyBonds6.9%
Reserve Bank of India
FinancialT-Bills6.8%
Reliance Jio Infocomm Ltd.CommunicationCP6.8%
Blue Star Ltd.
Consumer DiscretionaryCP6.8%
Reserve Bank of India
FinancialT-Bills6.8%
ICICI Securities Ltd.FinancialCP6.8%
Kotak Mahindra Bank Ltd.
FinancialCD6.8%
IIFL Wealth Prime Ltd.FinancialCP6.8%
Small Industries Devp. Bank of India Ltd.
FinancialCP6.8%
National Bank For Agriculture & Rural Development
FinancialCP6.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.13%
31 Dec 2022 - 31 Dec 2022
0.13%
30 Nov 2022 - 31 Dec 2022
0.13%
30 Nov 2022 - 30 Nov 2022
0.13%
30 Nov 2022 - 30 Nov 2022
0.13%
31 Oct 2022 - 30 Nov 2022
0.14%
31 Oct 2022 - 31 Oct 2022
0.14%
31 Oct 2022 - 31 Oct 2022
0.14%
31 Oct 2022 - 31 Oct 2022
0.14%
30 Sep 2022 - 31 Oct 2022
0.14%
30 Sep 2022 - 30 Sep 2022
0.14%
30 Sep 2022 - 30 Sep 2022
0.14%
31 Aug 2022 - 30 Sep 2022
0.15%
31 Aug 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Aug 2022
0.15%
31 Jul 2022 - 31 Jul 2022
0.15%
31 Jul 2022 - 31 Jul 2022
0.15%
30 Jun 2022 - 31 Jul 2022
0.15%
30 Jun 2022 - 30 Jun 2022
0.15%
31 May 2022 - 30 Jun 2022
0.15%
31 May 2022 - 31 May 2022
0.15%
30 Apr 2022 - 31 May 2022
0.16%
30 Apr 2022 - 30 Apr 2022
0.16%
31 Mar 2022 - 30 Apr 2022
0.18%
31 Mar 2022 - 31 Mar 2022
0.18%
28 Feb 2022 - 31 Mar 2022
0.18%
28 Feb 2022 - 28 Feb 2022
0.18%
31 Jan 2022 - 28 Feb 2022
0.14%
31 Dec 2021 - 31 Jan 2022
0.15%
30 Nov 2021 - 31 Dec 2021
0.16%
31 Oct 2021 - 30 Nov 2021
0.15%
30 Sep 2021 - 31 Oct 2021
0.14%
31 Aug 2021 - 30 Sep 2021
0.14%
31 Jul 2021 - 31 Aug 2021
0.14%
30 Jun 2021 - 31 Jul 2021
0.14%
31 May 2021 - 30 Jun 2021
0.14%
30 Apr 2021 - 31 May 2021
0.12%
31 Mar 2021 - 30 Apr 2021
0.13%
28 Feb 2021 - 31 Mar 2021
0.12%
31 Jan 2021 - 28 Feb 2021
0.12%
31 Dec 2020 - 31 Jan 2021
0.12%
30 Nov 2020 - 31 Dec 2020
0.12%
31 Oct 2020 - 30 Nov 2020
0.12%
30 Sep 2020 - 31 Oct 2020
0.13%
31 Aug 2020 - 30 Sep 2020
0.12%
31 Jul 2020 - 31 Aug 2020
0.12%
30 Jun 2020 - 31 Jul 2020
0.12%
31 May 2020 - 30 Jun 2020
0.12%
30 Apr 2020 - 31 May 2020
0.12%
31 Mar 2020 - 30 Apr 2020
0.12%
29 Feb 2020 - 31 Mar 2020
0.12%
31 Jan 2020 - 29 Feb 2020
0.12%
31 Dec 2019 - 31 Jan 2020
0.12%
30 Nov 2019 - 31 Dec 2019
0.12%
31 Oct 2019 - 30 Nov 2019
0.12%
30 Sep 2019 - 31 Oct 2019
0.09%
31 Aug 2019 - 30 Sep 2019
0.09%
31 Jul 2019 - 31 Aug 2019
0.09%
30 Jun 2019 - 31 Jul 2019
0.09%
31 May 2019 - 30 Jun 2019
0.09%
30 Apr 2019 - 31 May 2019
0.09%
31 Mar 2019 - 30 Apr 2019
0.09%
28 Feb 2019 - 31 Mar 2019
0.09%
31 Jan 2019 - 28 Feb 2019
0.09%
31 Dec 2018 - 31 Jan 2019
0.09%
30 Nov 2018 - 31 Dec 2018
0.11%
31 Oct 2018 - 30 Nov 2018
0.11%
30 Sep 2018 - 31 Oct 2018
0.11%
31 Aug 2018 - 30 Sep 2018
0.11%
31 Jul 2018 - 31 Aug 2018
0.11%
30 Jun 2018 - 31 Jul 2018
0.10%
31 May 2018 - 30 Jun 2018
0.10%
30 Apr 2018 - 31 May 2018
0.09%
31 Mar 2018 - 30 Apr 2018
0.10%
28 Feb 2018 - 31 Mar 2018
0.10%
31 Jan 2018 - 28 Feb 2018
0.09%
31 Dec 2017 - 31 Jan 2018
0.06%
30 Nov 2017 - 31 Dec 2017
0.11%
31 Oct 2017 - 30 Nov 2017
0.09%
Expense ratio, exit load and taxExpense ratio: 0.13%Inclusive of GST
Exit loadExit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNot Supported
Fund managementMithraem Bharucha
Aug 2021 - Present
View details
Education
Mr. Bharucha is a BMS and MBA
Experience
Prior to joining BOI AXA Investment Managers Private Limited, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.
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Bank of India Liquid Unclaimed Unclaimed IDCW Above 3 yrs
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Fund house & investment objective
BOI AXA Mutual Fund
Rank (total assets)#31 in India
Total AUM₹2,797.53Cr
Date of Incorporation31 Mar 2008
 Bank of India Liquid Fund Direct IDCW Weekly is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 31 Mar 2008. Piyush Baranwal is the Current Fund Manager of Bank of India Liquid Fund Direct IDCW Weekly fund. The fund currently has an Asset Under Management(AUM) of ₹2,798 Cr and the Latest NAV as of 02 Feb 2023 is ₹1,062.15.
The Bank of India Liquid Fund Direct IDCW Weekly is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
;
Investment ObjectiveThe fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 80% into securities having average maturity less than or equal to 6 months with low risk profile.
;
Fund benchmarkCRISIL Liquid Fund BI Index
Scheme Information Document(SID)
Fund house contact details
Address
B/204-Tower 1,Peninsula Corporate Park, Ganpatrao Kadam Marg,Lower Parel, Mumbai 400013
Phone
NA
Launch Date
31 Mar 2008
E-mail
[email protected]
Website
NA
BOI AXA Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Bank of India Liquid Fund Direct IDCW Weekly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	5.3%	4.2%	5.3%	6.8%
Category average	5.0%	4.0%	5.1%	NA
Rank with in category	3	18	18	NA

Name	Sector	Instrument	Assets
Power Grid Corporation Of India Ltd.	Energy	Bonds	6.9%
Reserve Bank of India	Financial	T-Bills	6.8%
Reliance Jio Infocomm Ltd.	Communication	CP	6.8%
Blue Star Ltd.	Consumer Discretionary	CP	6.8%
Reserve Bank of India	Financial	T-Bills	6.8%
ICICI Securities Ltd.	Financial	CP	6.8%
Kotak Mahindra Bank Ltd.	Financial	CD	6.8%
IIFL Wealth Prime Ltd.	Financial	CP	6.8%
Small Industries Devp. Bank of India Ltd.	Financial	CP	6.8%
National Bank For Agriculture & Rural Development	Financial	CP	6.8%

Rank (total assets)	#31 in India
Total AUM	₹2,797.53Cr

Date of Incorporation	31 Mar 2008

Fund benchmark	CRISIL Liquid Fund BI Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund size	₹364.37Cr

Bank of India Liquid Fund Direct IDCW Weekly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (13)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.13%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mithraem BharuchaAug 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mithraem Bharucha
Aug 2021 - Present
View details