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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:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|CCIL T Bill Liquidity Weight||4.21||0.30||0.89||4.41||4.19||4.52||--|
|Rank within category||31||36||37||31||26||16||--|
|Number of funds in category||40||42||42||39||36||35||28|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||0.95 (06-Sep-2013 - 08-Oct-2013)||-0.21 (28-Mar-2010 - 27-Apr-2010)|
|Quarter||2.64 (28-Jul-2013 - 27-Oct-2013)||0.50 (21-Feb-2010 - 23-May-2010)|
|Year||10.05 (12-Aug-2011 - 13-Aug-2012)||5.92 (21-Feb-2010 - 21-Feb-2011)|
|CCIL T Bill Liquidity Weight*||4.11||0.25||-6.57||-10.84||--||--|
|Rank within category||--||--||--||--||--||--|
|Number of funds in category||--||--||--||--||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||1||33||1||58|
|Modified Duration (yrs)||0.01||0.14||0.01||0.08|
|Average Maturity (yrs)||0.01||0.15||0.01||0.09|
|Yield to Maturity (%)||4.98||7.53||4.92||5.35|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|ICICI Bank 19/12/2019||Certificate of Deposit||A1+||0.00 - 12.13||12.13|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
Education: Mr. Shah holds B.Com, MBA and CFA.
Experience: Prior to joining Essel Mutual Fund, he has worked with Acko General Insurance Ltd. as Investment Head, Taurus Mutual Fund as Fund Manager, CRISIL and I-Peritus Solutions & Services Pvt. Ltd. as Research Analyst.
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The Scheme seeks to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and debt securities.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||100|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1|
|Exit Load||0.007% for redemption between 1 - 1 days
0.0065% for redemption between 2 - 2 days
0.006% for redemption between 3 - 3 days
0.0055% for redemption between 4 - 4 days
0.005% for redemption between 5 - 5 days
0.0045% for redemption between 6 - 6 days
|Fund House:||Essel Mutual Fund|
|Assets:||₹ 72 Cr (As on 30-Nov-2019)|
|Expense:||0.20% (As on 30-Nov-2019)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 07-Mar-2019
Fund News - 26-Dec-2017
Fund News - 12-Dec-2016
Fund News - 19-May-2016
Fund News - 29-Apr-2015
AMC: Essel Finance AMC Ltd.
Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata - 700069
Phone: 033-40185000 / 1800-103-8999
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]