Bank of India Liquid Fund
This is the Regular plan of Bank of India Liquid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★☆4/5 vs 42 of 45 Liquid Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Liquid Fund (same plan and option). 42 of the 45 Liquid Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.92% · ranks 1 of 39 Liquid Funds
Volatility 0.2% vs 0.2% category avg
0.1% expense vs 0.3% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ranks #2 of 42 on 1-year return in its Liquid Fund cohort
- Low expense ratio (0.15%) vs the Liquid Fund average of 0.27%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- More volatile than its Liquid Fund peers (0.2% vs 0.2%)
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Liquid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.46% | +0.44% | +0.02% |
| 3M abs | +1.55% | +1.49% | +0.06% |
| 6M abs | +3.28% | +3.16% | +0.12% |
| 1Y CAGR | +6.47% | +6.27% | +0.20% |
| 3Y CAGR | +6.92% | +6.73% | +0.19% |
| 5Y CAGR | +6.37% | +6.18% | +0.19% |
Category average across peers in Liquid Fund (up to 45 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 45 peers in Liquid Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Bank of India Liquid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +5.01% | |
| 2025 | +6.57% | |
| 2024 | +7.44% | |
| 2023 | +7.11% | |
| 2022 | +4.87% | |
| 2021 | +3.26% | |
| 2020 | +4.11% | |
| 2019 | +6.43% | |
| 2018 | +7.43% | |
| 2017 | +6.67% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt97.60%
- Cash & Equivalents2.40%
Cash & cash-like: 17.94% — the 2.40% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹1,767Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Bank of India Mutual Fund is run by Bank of India Investment Managers, wholly owned by the bank since its former joint-venture partner AXA Investment Managers exited — the house was branded BOI AXA until then. It runs a compact equity, hybrid and debt line-up.
Fund Managers
MBMithraem BharuchaManaging since 17 Aug 2021
BMS; MBA; CFA Level 1 and MCOM Part 1
Over 15 years of experience in Fixed Income market domain, Investment strategy development, Trade idea generation, Trade execution, Cash Management, Fixed Income portfolio monitoring, Cash flow verification. Experience Details: 1. Bank of India Investment Managers Private Limited (August 17, 2021 - present) 2. YES Asset Management (India) Limited (October 2017 to August 10, 2021) 3. BNP Paribas Asset Management India Pvt. Ltd. (March 2007 to October 2017)
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Liquid funds
Liquid funds invest in very short-term debt (maturing within 91 days). They're used to park money for days or weeks — low risk and easy to redeem, but low return too.
Frequently asked questions
What is the NAV of Bank of India Liquid Fund?
As of 05 Oct 2026, the NAV of Bank of India Liquid Fund is ₹3,250.77 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Bank of India Liquid Fund delivered?
Bank of India Liquid Fund has returned +6.47% over 1 year, +6.92% per year over 3 years, +6.37% per year over 5 years and +6.68% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Bank of India Liquid Fund?
Bank of India Liquid Fund charges an expense ratio of 0.15% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Bank of India Liquid Fund?
Bank of India Liquid Fund's largest holdings are 91 Days Tbill (MD 17/09/2026) (5.5%), 91 Days Tbill (MD 29/10/2026) (5.4%), Kotak Mahindra Bank Limited (24/09/2026) (4.1%), Aditya Birla Housing Finance Limited (23/11/2026) (4.0%) and 91 Days Tbill (MD 01/10/2026) (2.9%). Holdings are disclosed monthly and change over time.
How risky is Bank of India Liquid Fund?
Bank of India Liquid Fund is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.2% and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Bank of India Liquid Fund?
Bank of India Liquid Fund is benchmarked against the CRISIL Liquid Debt A-I Index. Its alpha and beta on this page are measured against that index.
Who manages Bank of India Liquid Fund?
Bank of India Liquid Fund is managed by Mithraem Bharucha at Bank of India.
How is Bank of India Liquid Fund taxed?
Bank of India Liquid Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.