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3 star

Baroda Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 3.51 0.01 0.06 0.28 0.81 1.70 4.59 6.29 6.71 7.34 7.87
CCIL T Bill Liquidity Weight 2.67 0.00 0.06 0.21 0.54 1.29 3.27 3.94 4.14 4.58 4.76
Debt: Liquid 3.35 0.01 0.06 0.28 0.81 1.76 4.37 6.01 6.42 7.12 7.68
Rank within category 20 22 28 18 17 29 19 12 8 6 7
Number of funds in category 42 42 42 42 42 42 42 36 35 34 31

As on 19-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Liquid Fund
3 star
Feb-09 4.59 6.29 6.71 0.32 3,684
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.71 6.31 6.69 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.36 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.71 6.36 6.73 0.30 24,930
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.73 6.35 6.72 0.25 24,817

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 6.18 0.43 2.63 3.41 0.83 2.09
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 12 32 23 24 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 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 19 40 18 36
Modified Duration (yrs) 0.06 0.16 0.05 0.10
Average Maturity (yrs) 0.06 0.16 0.04 0.09
Yield to Maturity (%) 3.36 5.33 3.21 3.38
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
new Reserve Bank of India 182-D 29/10/2020 Treasury Bills SOV 0.00 - 14.22 14.22
equal Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 8.64 8.13
equal Reserve Bank of India 182-D 08/10/2020 Treasury Bills SOV 0.00 - 6.49 6.10
equal Reliance Industries 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 6.03 5.42
new Reserve Bank of India 182-D 22/10/2020 Treasury Bills SOV 0.00 - 4.06 4.06
new Indian Oil Corp. 56-D 02/11/2020 Commercial Paper A1+ 0.00 - 4.06 4.06
new National Bank Agr. Rur. Devp 91-D 27/11/2020 Commercial Paper A1+ 0.00 - 4.05 4.05
new Reserve Bank of India 182-D 06/11/2020 Treasury Bills SOV 0.00 - 3.38 3.38
equal 8.62% HDFC 15/10/2020 Debenture AAA 0.00 - 2.91 2.72
equal Export-Import Bank 91-D 13/10/2020 Certificate of Deposit A1+ 0.00 - 3.02 2.71
equal NTPC 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 3.02 2.71
equal Tata Capital Housing Finance 91-D 23/11/2020 Commercial Paper A1+ 0.00 - 2.87 2.70
new ICICI Securities 85-D 24/12/2020 Commercial Paper A1+ 0.00 - 2.69 2.69
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 2.96 2.66
down Muthoot Finance 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 3.01 2.65
down Motilal Oswal Financial 89-D 28/10/2020 Commercial Paper A1+ 0.00 - 2.40 2.11
new RBL Bank 2020 Certificate of Deposit A1+ 0.00 - 1.58 1.58
equal Manappuram Finance 88-D 13/11/2020 Commercial Paper A1+ 0.00 - 1.44 1.35
new Reserve Bank of India 91-D 24/12/2020 Treasury Bills SOV 0.00 - 1.29 1.29

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 30-Sep-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 19-Oct-2020

Growth: ₹ 2,318.3619

Dividend Weekly: ₹ 1,000.6288

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: 7.45%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 3,684 Cr (As on 30-Sep-2020)
Expense: 0.32% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily19-Oct-20200.0912

 18-Oct-20200.0819
 17-Oct-20200.0821
 16-Oct-20200.0933
 15-Oct-20200.0891
 14-Oct-20200.0964
 13-Oct-20200.0952
 12-Oct-20200.0786
 11-Oct-20200.0832
 10-Oct-20200.0831
 09-Oct-20200.0992
 08-Oct-20200.0917
 07-Oct-20200.1005
 06-Oct-20200.0946
 05-Oct-20200.0941
 04-Oct-20200.0922
 03-Oct-20200.0921
 02-Oct-20200.0920
 01-Oct-20200.0803
 30-Sep-20200.1415
 29-Sep-20200.1065
 28-Sep-20200.0978
 27-Sep-20200.0985
 26-Sep-20200.0983
 25-Sep-20200.0976
Dividend Weekly12-Oct-20200.6308

 05-Oct-20200.6992
 28-Sep-20200.6717
 21-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
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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