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2 star

Navi Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 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 2.33 0.01 0.06 0.28 0.83 1.63 3.11 4.75 5.65 6.40 7.34
CCIL T Bill Liquidity Weight 1.54 0.03 0.04 0.20 0.62 1.10 2.20 3.43 3.66 4.10 4.54
Debt: Liquid 2.29 0.01 0.05 0.25 0.79 1.59 3.13 4.91 5.62 6.33 7.21
Rank within category 22 21 1 1 6 20 31 31 29 26 13
Number of funds in category 41 42 42 42 42 41 41 37 35 34 32

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Navi Liquid Fund
2 star
Feb-10 3.11 4.75 5.65 0.20 85
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.18 5.07 5.80 0.32 41,512
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.19 5.12 5.84 0.32 32,671
Axis Liquid Fund
4 star
Oct-09 3.22 5.10 5.85 0.25 26,753
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.16 5.11 5.83 0.32 24,715

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.38 24-Mar-2020 - 31-Mar-2020 -0.38 24-Mar-2010 - 31-Mar-2010
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 3.03 25-May-2020 - 25-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.74 0.51 1.37 4.61 0.99 1.36
CCIL T Bill Liquidity Weight 3.37 0.39 -1.71 -4.34 -- --
Debt: Liquid 4.79 0.65 1.62 5.20 1.03 1.44
Rank within category 30 25 30 29 8 29
Number of funds in category 37 37 37 36 37 37

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

As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 7 1 37
Modified Duration (yrs) 0.09 0.10 0.01 --
Average Maturity (yrs) 0.09 0.11 0.01 --
Yield to Maturity (%) 3.69 3.69 2.95 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 23/09/2021 Treasury Bills SOV 0.00 - 17.68 17.68
equal Reserve Bank of India 91-D 02/09/2021 Treasury Bills SOV 0.00 - 14.25 11.81
equal Reserve Bank of India 91-D 16/09/2021 Treasury Bills SOV 0.00 - 14.23 11.79
equal Arka Fincap 90-D 25/10/2021 Commercial Paper A1+ 0.00 - 9.70 9.70
equal Reserve Bank of India 91-D 30/09/2021 Treasury Bills SOV 0.00 - 5.89 5.89

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-2021

*As on 31-Jul-2021

Fund Manager

— Saravana Kumar since 21-Apr-2020

Education: Mr. Kumar has an Engineering degree in Electronics & Telecommunications. He is an MBA (Finance) from IIM Bangalore & is a CAIIB.

Experience: Prior to joining Navi Mutual Fund he has worked with LIC Mutual Fund, he had been Head of Investments at Trust Investment Advisors Pvt. Ltd.(Oct'13-April'15), CIO at AIA Life Insurance Co. Ltd.(Oct'09-Sept'13) , Dy. GM at ICICI Bank Ltd.(Mar'03-Sept'09) & Fund Manager at SBI(2001-2003).

Interviews:

Funds Managed:


0.01%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 2,267.8881

IDCW Weekly: ₹ 1,000.7899

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IDCW Monthly: ₹ 1,001.2600

IDCW 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
Lock-in Period Not Applicable
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: Navi Mutual Fund
Launch Date: 19-Feb-2010
Return Since Launch: 7.31%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 85 Cr (As on 31-Aug-2021)
Expense: 0.20% (As on 31-Jul-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily24-Sep-20210.0686

 23-Sep-20210.0924
 22-Sep-20210.0708
 21-Sep-20210.0908
 20-Sep-20210.0912
 19-Sep-20210.2062
 17-Sep-20210.0984
 16-Sep-20210.0803
 15-Sep-20210.0905
 14-Sep-20210.0852
 13-Sep-20210.0936
 12-Sep-20210.2691
 09-Sep-20210.0775
 08-Sep-20210.0918
 07-Sep-20210.0828
 06-Sep-20210.0870
 05-Sep-20210.1719
 03-Sep-20210.0744
 02-Sep-20210.0943
 01-Sep-20210.0849
 31-Aug-20210.0919
 30-Aug-20210.0912
 29-Aug-20210.1765
 27-Aug-20210.1076
 26-Aug-20210.0883
IDCW Monthly24-Sep-20212.4951

 27-Aug-20212.6868
 30-Jul-20213.0260
 25-Jun-20212.2897
 28-May-20212.4073
 30-Apr-20213.0981
 26-Mar-20212.3519
 26-Feb-20212.4114
 29-Jan-20212.8432
 24-Dec-20202.0879
 27-Nov-20202.1443
 29-Oct-20202.7621
 25-Sep-20202.2687
 28-Aug-20202.2700
 31-Jul-20202.9234
 26-Jun-20202.3680
 29-May-20203.1897
 24-Apr-20203.6178
 27-Mar-20202.9488
 28-Feb-20202.6895
 31-Jan-20203.3246
 27-Dec-20192.5386
 29-Nov-20193.2543
 25-Oct-20192.7316
 27-Sep-20192.7788
IDCW Weekly20-Sep-20210.6629

 13-Sep-20210.6313
 06-Sep-20210.6119
 30-Aug-20210.6594
 23-Aug-20210.6880
 16-Aug-20210.7146
 09-Aug-20210.6272
 02-Aug-20210.6238
 26-Jul-20210.6341
 19-Jul-20210.6036
 12-Jul-20210.6082
 05-Jul-20210.5834
 28-Jun-20210.5315
 21-Jun-20210.5735
 14-Jun-20210.6191
 07-Jun-20210.5573
 31-May-20210.6428
 24-May-20210.5947
 17-May-20210.6199
 10-May-20210.5660
 03-May-20210.5875
 26-Apr-20210.6469
 19-Apr-20210.5933
 12-Apr-20210.6128
 05-Apr-20210.5519

Contact Information

AMC: Navi AMC Limited

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

Phone: 033-40185000 / 1800-103-8999

Fax: 033-40185010

Email: [email protected]

Website: http://www.navimutualfund.com

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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