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Essel 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 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 5.97 0.38 1.20 6.36 6.84 7.34 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Liquid 6.08 0.41 1.30 6.47 6.59 7.12 --
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 & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.11 0.25 -6.57 -10.84 -- --
Debt: Liquid* 6.46 0.41 4.03 6.91 0.46 1.44
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

* As on 30-Nov-2019

Portfolio Aggregates

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

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new ICICI Bank 19/12/2019 Certificate of Deposit A1+ 0.00 - 12.13 12.13

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 30-Nov-2019

Fund Manager

— Archit Shah since 22-Dec-2017

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.

Funds Managed:


0.02%

Change from previous, NAV as on 15-Dec-2019

Growth: ₹ 2,133.6291

Dividend Weekly: ₹ 1,001.1958

More

Dividend Monthly: ₹ 1,003.2575

Dividend Daily: ₹ 1,001.2902


Investment Strategy

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.

Investment Details

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

Basic Details

Fund House: Essel Mutual Fund
Launch Date: 19-Feb-2010
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 72 Cr (As on 30-Nov-2019)
Expense: 0.20% (As on 30-Nov-2019)
Risk Grade: --
Return Grade: Below Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily15-Dec-20190.1797

 13-Dec-20190.0898
 12-Dec-20190.0855
 11-Dec-20190.0849
 10-Dec-20190.0899
 09-Dec-20190.0910
 08-Dec-20190.1831
 06-Dec-20190.0916
 05-Dec-20190.0875
 04-Dec-20190.0878
 03-Dec-20190.0885
 02-Dec-20190.0905
 01-Dec-20190.1861
 29-Nov-20190.0930
 28-Nov-20190.0924
 27-Nov-20190.0932
 26-Nov-20190.0923
 25-Nov-20190.0937
 24-Nov-20190.1889
 22-Nov-20190.0944
 21-Nov-20190.0937
 20-Nov-20190.0926
 19-Nov-20190.0923
 18-Nov-20190.0921
 17-Nov-20190.1856
Dividend Monthly29-Nov-20193.2543

 25-Oct-20192.7316
 27-Sep-20192.7788
 30-Aug-20193.8023
 26-Jul-20193.4013
 28-Jun-20193.3328
 31-May-20194.6145
 26-Apr-20193.8549
 29-Mar-20195.3479
 22-Feb-20193.9608
 25-Jan-20194.0717
 28-Dec-20184.1087
 30-Nov-20185.2671
 26-Oct-20184.0392
 28-Sep-20183.9975
 31-Aug-20184.9733
 27-Jul-20183.9770
 29-Jun-20185.1972
 25-May-20183.7317
 27-Apr-20185.0979
 23-Mar-20183.9048
 23-Feb-20183.7631
 25-Jan-20183.4901
 29-Dec-20174.4515
 24-Nov-20173.5502
Dividend Weekly09-Dec-20190.6315

 02-Dec-20190.6487
 25-Nov-20190.6573
 18-Nov-20190.6527
 11-Nov-20190.6556
 04-Nov-20190.6417
 28-Oct-20190.6455
 21-Oct-20190.6402
 14-Oct-20190.6765
 07-Oct-20190.7035
 30-Sep-20190.7314
 23-Sep-20190.6489
 16-Sep-20190.7029
 09-Sep-20190.7182
 02-Sep-20190.7196
 26-Aug-20190.7211
 19-Aug-20190.7235
 12-Aug-20190.7789
 05-Aug-20190.8055
 29-Jul-20190.8015
 22-Jul-20190.8186
 15-Jul-20190.8380
 08-Jul-20190.9150
 01-Jul-20190.8805
 24-Jun-20190.7659

Contact Information

AMC: Essel Finance AMC Ltd.

Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata - 700069

Phone: 033-40185000 / 1800-103-8999

Fax: 033-40185010

Email: [email protected]

Website: www.esselfinance.com

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

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM