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Baroda Liquid Fund


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.78 0.01 0.10 0.44 1.31 2.76 6.30 6.84 7.27 7.81 7.95
CCIL T Bill Liquidity Weight 0.52 -0.03 0.04 0.28 0.83 1.77 4.03 4.10 4.46 4.76 4.71
Debt: Liquid 0.75 0.01 0.09 0.43 1.25 2.62 6.04 6.56 6.98 7.58 7.77
Rank within category 12 22 9 14 11 9 12 9 4 5 6
Number of funds in category 42 42 42 42 42 42 41 36 35 34 29

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.33 (23-Mar-2016 - 31-Mar-2016) -0.08 (09-Jul-2013 - 16-Jul-2013)
Month 0.95 (08-Aug-2013 - 09-Sep-2013) 0.26 (15-Nov-2009 - 15-Dec-2009)
Quarter 2.68 (24-Jul-2013 - 23-Oct-2013) 0.85 (22-Sep-2009 - 22-Dec-2009)
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 6.67 0.23 4.37 7.12 0.34 1.55
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Liquid 6.34 0.51 3.67 6.02 0.52 1.51
Rank within category 9 29 16 8 16 12
Number of funds in category 36 36 36 34 36 36

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

As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 40 45 15 55
Modified Duration (yrs) 0.07 0.16 0.03 0.08
Average Maturity (yrs) 0.07 0.17 0.03 0.09
Yield to Maturity (%) 5.30 7.40 5.23 5.35

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 12.47 12.47
new Reserve Bank of India 63-D 17/03/2020 Treasury Bills SOV 0.00 - 8.53 8.53
new Reserve Bank of India 182-D 14/02/2020 Treasury Bills SOV 0.00 - 5.67 5.67
equal Reserve Bank of India 91-D 12/03/2020 Treasury Bills SOV 0.00 - 8.16 5.65
equal Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 6.93 4.80
equal Syndicate Bank 26/02/2020 Certificate of Deposit A1+ 0.00 - 4.90 3.40
equal Reserve Bank of India 182-D 12/03/2020 Treasury Bills SOV 0.00 - 4.89 3.39
equal Reserve Bank of India 91-D 05/03/2020 Treasury Bills SOV 0.00 - 4.90 3.39
new Reliance Industries 91-D 13/02/2020 Commercial Paper A1+ 0.00 - 2.84 2.84
equal Indian Oil Corp. 66-D 10/02/2020 Commercial Paper A1+ 0.00 - 3.28 2.27
equal Ultratech Cement 90-D 02/03/2020 Commercial Paper A1+ 0.00 - 3.27 2.26
new Indusind Bank 22/04/2020 Certificate of Deposit A1+ 0.00 - 2.24 2.24
new IIFL Wealth Finance 29-D 14/02/2020 Commercial Paper A1+ 0.00 - 1.70 1.70
equal IDFC First Bank 24/02/2020 Certificate of Deposit A1+ 0.00 - 2.45 1.70
equal Aditya Birla Housing Finance 71-D 28/02/2020 Commercial Paper A1+ 0.00 - 2.45 1.70
equal Reliance Jio Infocomm 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.45 1.70
equal Axis Finance 60-D 25/02/2020 Commercial Paper A1+ 0.00 - 2.45 1.70
equal Motilal Oswal Financial 82-D 10/02/2020 Commercial Paper A1+ 0.00 - 2.45 1.70
equal L&T Finance 60-D 28/02/2020 Commercial Paper A1+ 0.00 - 2.45 1.70
equal Reliance Jio Infocomm 88-D 27/03/2020 Commercial Paper A1+ 0.00 - 2.44 1.69
new Reserve Bank of India 70-D 17/03/2020 Treasury Bills SOV 0.00 - 1.41 1.41
equal Indusind Bank 26/02/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.36
equal Syndicate Bank 2020 Certificate of Deposit A1+ 0.00 - 1.64 1.14
equal Reserve Bank of India 91-D 06/02/2020 Treasury Bills SOV 0.00 - 1.64 1.14
equal Adani Ports and Special Economic Zone 86-D 14/02/2020 Commercial Paper A1+ 0.00 - 1.64 1.13

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-Jan-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 24-Feb-2020

Growth: ₹ 2,257.1574

Dividend Weekly: ₹ 1,000.9863

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: 7.64%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 8,799 Cr (As on 31-Jan-2020)
Expense: 0.29% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Feb-20200.0977

 23-Feb-20200.1011
 22-Feb-20200.1011
 21-Feb-20200.1011
 20-Feb-20200.0962
 19-Feb-20200.1016
 18-Feb-20200.1117
 17-Feb-20200.0998
 16-Feb-20200.1004
 15-Feb-20200.1003
 14-Feb-20200.1014
 13-Feb-20200.1016
 12-Feb-20200.1047
 11-Feb-20200.1072
 10-Feb-20200.1024
 09-Feb-20200.1061
 08-Feb-20200.1061
 07-Feb-20200.1103
 06-Feb-20200.1157
 05-Feb-20200.1050
 04-Feb-20200.1056
 03-Feb-20200.0986
 02-Feb-20200.0981
 01-Feb-20200.0983
 31-Jan-20200.0955
Dividend Weekly17-Feb-20200.7147

 10-Feb-20200.7506
 03-Feb-20200.7011
 27-Jan-20200.6996
 20-Jan-20200.7076
 13-Jan-20200.6905
 06-Jan-20200.6913
 30-Dec-20190.7067
 23-Dec-20190.7064
 16-Dec-20190.7148
 09-Dec-20190.7654
 02-Dec-20190.7194
 25-Nov-20190.7496
 18-Nov-20190.7588
 11-Nov-20190.7596
 04-Nov-20190.6553
 29-Oct-20190.7524
 22-Oct-20190.8445
 14-Oct-20190.7730
 07-Oct-20190.8141
 30-Sep-20190.8851
 23-Sep-20190.7348
 16-Sep-20190.7666
 09-Sep-20190.6570
 03-Sep-20190.8734
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: 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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