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4 star

Baroda Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.31 0.01 0.07 0.27 0.79 1.86 4.76 6.35 6.77 7.40 7.89
CCIL T Bill Liquidity Weight 2.47 -0.02 0.02 0.12 0.49 1.42 3.35 3.97 4.18 4.62 4.76
Debt: Liquid 3.19 0.01 0.06 0.27 0.80 1.91 4.56 6.06 6.48 7.17 7.70
Rank within category 20 20 5 8 21 29 17 12 7 5 7
Number of funds in category 40 40 40 40 40 40 40 36 35 34 31

As on 28-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Liquid Fund
4 star
Feb-09 4.76 6.35 6.77 0.32 3,457
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.87 6.36 6.74 0.32 54,052
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 4.89 6.42 6.78 0.31 39,810
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.88 6.41 6.77 0.22 28,818
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.77 6.36 6.74 0.24 27,459

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.61 (24-Mar-2020 - 31-Mar-2020) -0.19 (17-Mar-2020 - 24-Mar-2020)
Month 0.95 (24-Mar-2020 - 23-Apr-2020) 0.13 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.68 (24-Jul-2013 - 23-Oct-2013) 0.77 (25-Jun-2020 - 24-Sep-2020)
Year 9.92 (12-Aug-2011 - 13-Aug-2012) 4.19 (17-Jun-2009 - 17-Jun-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.26 0.40 2.81 3.53 0.75 2.01
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Liquid 5.99 0.53 2.53 3.29 0.72 1.69
Rank within category 12 31 24 26 34 4
Number of funds in category 36 36 36 35 36 36

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 26 40 18 42
Modified Duration (yrs) 0.07 0.16 0.05 0.08
Average Maturity (yrs) 0.08 0.16 0.04 0.08
Yield to Maturity (%) 3.30 5.81 3.21 3.31
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Reserve Bank of India 91-D 17/09/2020 Treasury Bills SOV 0.00 - 14.73 8.67
new Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 8.64 8.64
new Punjab National Bank 2020 Certificate of Deposit A1+ 0.00 - 6.50 6.50
new Reserve Bank of India 182-D 08/10/2020 Treasury Bills SOV 0.00 - 6.49 6.49
equal Reliance Industries 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 6.03 5.76
new NTPC 91-D 09/09/2020 Commercial Paper A1+ 0.00 - 4.48 4.48
equal SBI Cards & Payments Services 358-D 29/09/2020 Commercial Paper A1+ 0.00 - 4.53 4.33
new 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 2.91 2.91
equal Reliance Jio Infocomm 91-D 21/09/2020 Commercial Paper A1+ 0.00 - 3.03 2.89
equal Export-Import Bank 91-D 03/09/2020 Commercial Paper A1+ 0.00 - 3.03 2.89
new Union Bank of India 18/09/2020 Certificate of Deposit A1+ 0.00 - 2.89 2.89
equal NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 3.03 2.89
equal NTPC 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 3.02 2.88
equal Muthoot Finance 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 3.01 2.88
equal Export-Import Bank 91-D 13/10/2020 Certificate of Deposit A1+ 0.00 - 3.02 2.88
new Tata Capital Housing Finance 91-D 23/11/2020 Commercial Paper A1+ 0.00 - 2.87 2.87
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 2.96 2.82
equal Motilal Oswal Financial 89-D 28/10/2020 Commercial Paper A1+ 0.00 - 2.40 2.29
new Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 2.17 2.17
equal ICICI Securities 90-D 17/09/2020 Commercial Paper A1+ 0.00 - 2.03 1.94
equal ICICI Securities 83-D 10/09/2020 Commercial Paper A1+ 0.00 - 1.51 1.45
new Manappuram Finance 88-D 13/11/2020 Commercial Paper A1+ 0.00 - 1.44 1.44
equal Muthoot Finance 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 1.32 1.24
equal 7.20% HDFC 2020 Debenture AAA 0.00 - 0.76 0.72
equal ICICI Bank 14/09/2020 Certificate of Deposit A1+ 0.00 - 0.45 0.43

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— Alok Sahoo since 27-Jan-2009

Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.

Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.

Funds Managed:

— Hetal P Shah since 27-Jan-2009

Education: Ms. Hetal P. Shah is a B.Com, MBA, and JAIIB.

Experience: Prior to joining Baroda AMC she has worked with Bank of India from may 1999.

Funds Managed:


0.01%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 2,313.8297

Dividend Weekly: ₹ 1,000.6717

Dividend Daily: ₹ 1,001.1996


Investment Strategy

The scheme aims to generate income with high liquidity by investing in a portfolio of money market and debt instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 1
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.

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 05-Feb-2009
Return Since Launch: 7.47%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 3,457 Cr (As on 31-Aug-2020)
Expense: 0.32% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Sep-20200.0985

 26-Sep-20200.0983
 25-Sep-20200.0976
 24-Sep-20200.1031
 23-Sep-20200.0929
 22-Sep-20200.0845
 21-Sep-20200.0778
 20-Sep-20200.0861
 19-Sep-20200.0860
 18-Sep-20200.0777
 17-Sep-20200.0921
 16-Sep-20200.0980
 15-Sep-20200.1002
 14-Sep-20200.0939
 13-Sep-20200.0950
 12-Sep-20200.0951
 11-Sep-20200.0452
 10-Sep-20200.0944
 09-Sep-20200.0629
 08-Sep-20200.0656
 07-Sep-20200.0697
 06-Sep-20200.0799
 05-Sep-20200.0798
 04-Sep-20200.0789
 03-Sep-20200.0845
Dividend Weekly21-Sep-20200.6176

 14-Sep-20200.5519
 07-Sep-20200.5602
 31-Aug-20200.6392
 24-Aug-20200.5649
 17-Aug-20200.6529
 10-Aug-20200.6368
 03-Aug-20200.6302
 27-Jul-20200.6240
 20-Jul-20200.6489
 13-Jul-20200.6078
 06-Jul-20200.6142
 29-Jun-20200.5673
 22-Jun-20200.5625
 15-Jun-20200.6032
 08-Jun-20200.7078
 01-Jun-20200.6375
 26-May-20200.9405
 18-May-20200.7964
 11-May-20200.8745
 04-May-20200.7898
 27-Apr-20200.9338
 20-Apr-20200.8493
 13-Apr-20200.8364
 07-Apr-20201.0746
Dividend Monthly25-Jun-20145.6904

 26-May-20145.8034
 25-Apr-20146.6090
 25-Mar-20145.4730
 25-Feb-20145.9236
 24-Jan-20145.6938
 26-Dec-20135.8024
 25-Nov-20136.3359
 25-Oct-20136.5871
 25-Sep-20136.9998
 25-Aug-20136.4094
 25-Jul-20132.9446
 25-Jun-20135.5758
 24-May-20135.4021
 25-Apr-20135.9513
 25-Mar-20135.2037
 25-Feb-20135.9012
 24-Jan-20135.3950
 25-Dec-20125.4860
 25-Nov-20125.6209
 25-Oct-20125.4800
 25-Sep-20125.9621
 24-Aug-20124.0556

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: http://www.barodapioneer.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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