Investment Objective and Approach

The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. Bank of India Liquid Fund operates on the principles of safety, liquidity and returns where capital preservation is of utmost importance.

The fund follows a conservative investment approach designed for:

- 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.

- The scheme would be investing more than 80% into securities having average maturity less than or equal to 6 months with low risk profile.

- The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors.

The fund primarily invests in high-quality debt and money market instruments with maturities not exceeding 91 days, ensuring minimal credit and interest rate risk while maintaining high liquidity.

Fund Managers

The Bank of India Liquid Fund is currently managed by experienced fund management professionals:

Mr. Piyush Baranwal serves as the fund manager for this scheme. Mr. Piyush Baranwal has a CFA Certification and he has also completed his B.E. from Manipal Institute of Technology and completed his PGDBM (Finance) from S.P. Jain Institute of Management & Research. He is working as a fund manager in BOI AXA Mutual Fund in Fixed Income.

His professional experience includes:

- Prior to this, he has worked with Morgan Stanley Investment Management as fund manager and credit assessment.

- He has overall 7 years of experience where he has worked on different profiles in finance domain like Trading, Fund Management and Credit Assessment.

- Prior to joining Bank of India Mutual Fund, he has worked with YES Asset Management (India) Limited and BNP Paribas Asset Management India Pvt. Ltd.

Currently, The fund managers are Piyush Baranwal, Ashish Agrawal, Trupti Agrawal, Ramesh Mantri, Dheeresh Pathak. Note that Piyush Baranwal has since moved to WhiteOak Capital Mutual Fund.

About the Fund House (AMC)

Bank of India Investment Managers Private Limited is the Asset Management Company (AMC) for Bank of India Mutual Fund. Key highlights include:

- Bank of India Investment Managers Pvt. Ltd. has continuously proved to be trustworthy with 14 years of rich experience in fund management and has always catered to the needs of the investors across various objectives.

- As per the latest available financial data, Bank of India Mutual Fund has an AUM of over Rs 6554.90 crore (as on 30-Jun-2023).

- Bank of India Mutual Fund Asset management company · AUM ₹10,335.73 Cr. No. of Schemes 65

- The leading squad of the Bank of India Mutual Fund includes Mr Mohit Bhatia as CEO/MD, Mr Alok Singh as CIO, and Ms Roshni Pawar as Investor Service Officer.

The AMC is a joint venture between Bank of India, a leading public sector bank, and AXA Investment Managers. The joint venture between Bank of India and AXA Investment Managers established BOI AXA Investment Managers Private Limited. Bank of India is a public sector bank in which the Government of India holds the majority of the stake. AXA Investment Managers is a leading asset manager in the world, and they have their presence in over 20 countries.

Should I Invest in Bank of India Liquid Fund?

Bank of India Liquid Fund is suitable for investors who:

Ideal For:

- Investors seeking to park surplus funds for very short periods (days to few months)

- Those building an emergency fund requiring high liquidity

- Conservative investors prioritizing capital preservation over high returns

- Investors looking for better returns than traditional savings accounts with minimal risk

Key Features:

- Liquidity: 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.

- Low Risk: The Bank of India Liquid Fund Direct Growth is rated Low to Moderate risk.

- Exit Load: 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 Minimums:

- Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.

Performance Context:

- Bank of India Liquid Fund - Direct Plan is 12 years 4 months old. It has delivered 6.88% returns since inception.

- Over the past five years, Bank of India Liquid Fund - Regular Plan has delivered an annualised return of 5.53% as of 16-Jun-2025.

FAQs

What is today's NAV of Bank of India Liquid Fund?

The NAV changes daily based on market movements. You can check the current NAV on financial websites like Groww, Angel One, or the fund house website for the most up-to-date information.

What is the AUM of Bank of India Liquid Fund?

The fund currently has an Asset Under Management(AUM) of ₹13,374 Cr as of July 27, 2025, making it a sizeable liquid fund in the market.

What is the expense ratio of Bank of India Liquid Fund?

The expense ratio of Bank of India Liquid Fund - Direct Plan is 0.11. The regular plan typically has a slightly higher expense ratio than the direct plan.

What are the returns of Bank of India Liquid Fund since inception?

It has delivered 6.88% returns since inception. Liquid funds typically provide modest but steady returns above savings account rates.

What is the minimum SIP amount to invest in Bank of India Liquid Fund?

Minimum SIP Investment is set to ₹1,000. This makes it accessible for small investors to start systematic investing.

How do I invest in Bank of India Liquid Fund?

You can invest through Allvest's platform easily. Alternatively, you can invest directly through the AMC website, or through other mutual fund platforms and distributors.

How to start a SIP in Bank of India Liquid Fund?

To start a SIP through Allvest, simply select the fund, choose the SIP option, set your monthly amount (minimum ₹1,000), and set up the payment mandate. The SIP will commence automatically.

How do I automate an SIP in Bank of India Liquid Fund?

Through Allvest, you can set up an automated SIP by completing the bank mandate process, which allows automatic deduction from your bank account on the chosen date each month.

How can I withdraw/redeem my investment in Bank of India Liquid Fund?

You can redeem your investment through Allvest's platform anytime without any lock-in period. There is no lock in period in Bank of India Liquid Fund - Direct Plan. Small exit loads apply for very short holding periods (up to 6 days).