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5 star

IDBI Liquid Fund

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Debt: Liquid

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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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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 3.11 0.01 0.07 0.31 0.83 1.70 3.37 4.94 5.75 6.38 7.24
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 4.48
Debt: Liquid 2.93 0.01 0.06 0.29 0.79 1.60 3.17 4.62 5.49 6.18 7.10
Rank within category 2 14 9 3 3 3 2 2 3 3 11
Number of funds in category 41 42 42 42 42 42 41 38 35 34 33

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Liquid Fund
5 star
 Jul-10 3.37 4.94 5.75 0.17% 1,006
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 3.19 4.79 5.65 0.32% 35,561
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
 Mar-04 3.23 4.84 5.70 0.32% 29,710
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
 Dec-03 3.24 4.79 5.67 0.23% 25,609
Axis Liquid Fund
4 star
 Oct-09 3.25 4.82 5.71 0.26% 22,877

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.53 24-Mar-2020 - 31-Mar-2020 -0.16 17-Mar-2020 - 24-Mar-2020
Month 0.93 24-Mar-2020 - 23-Apr-2020 0.17 23-Feb-2020 - 24-Mar-2020
Quarter 2.64 24-Jul-2013 - 23-Oct-2013 0.77 22-Oct-2020 - 21-Jan-2021
Year 9.86 28-Aug-2011 - 27-Aug-2012 3.31 26-Oct-2020 - 26-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.85 0.47 2.27 12.91 1.03 1.69
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.54 0.47 1.58 9.47 0.97 1.34
Rank within category 2 16 2 9 21 3
Number of funds in category 38 38 38 38 38 38

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 23 9 35
Modified Duration (yrs) 0.11 0.18 0.03 --
Average Maturity (yrs) 0.11 0.18 0.03 --
Yield to Maturity (%) 3.77 3.77 2.84 --
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
equal NTPC 91-D 14/12/2021 Commercial Paper A1+ 0.00 - 9.90 9.90
equal Tata Capital Financial Services 181-D 13/12/2021 Commercial Paper A1+ 0.00 - 9.89 9.89
equal Axis Finance 234-D 10/12/2021 Commercial Paper A1+ 0.00 - 9.89 9.89
down Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 11.50 9.89
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 7.49 7.49
new Bharat Oman Refineries 87-D 30/12/2021 Commercial Paper A1+ 0.00 - 6.62 6.62
new SRF 74-D 27/12/2021 Commercial Paper A1+ 0.00 - 4.94 4.94
equal Indusind Bank 22/12/2021 Certificate of Deposit A1+ 0.00 - 4.94 4.94
equal DCM Shriram 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.94 4.94
new Bajaj Finance 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 4.27 4.27
equal Reserve Bank of India 91-D 09/12/2021 Treasury Bills SOV 0.00 - 2.90 2.90
equal SBM Bank India 15/11/2021 Certificate of Deposit A1+ 0.00 - 2.48 2.48
equal LIC Housing Fin. 337-D 30/11/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
down SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.60 2.47
new National Bank Agr. Rur. Devp 89-D 25/01/2022 Commercial Paper A1+ 0.00 - 2.46 2.46

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-Oct-2021

Fund Manager

— Raju Sharma since 03-May-2017

Education: Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.

Experience: Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.

Funds Managed:

--

Change from previous, NAV as on 05-Dec-2021

Growth: ₹ 2,246.9067

IDCW Weekly: ₹ 1,023.0085

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IDCW Monthly: ₹ 1,004.5671

IDCW Daily: ₹ 1,005.2683

Investment Strategy

The scheme will seek to provide investors with high level of liquidity along with regular income for their investment.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
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: IDBI Mutual Fund
Launch Date: 09-Jul-2010
Return Since Launch: 7.35%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,006 Cr (As on 31-Oct-2021)
Expense: 0.17% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0952

 02-Dec-20210.1001
 01-Dec-20210.0840
 30-Nov-20210.0992
 29-Nov-20210.1004
 28-Nov-20210.0908
 27-Nov-20210.0909
 26-Nov-20210.0847
 25-Nov-20210.1161
 24-Nov-20210.1275
 23-Nov-20210.0878
 22-Nov-20210.0674
 21-Nov-20210.0935
 20-Nov-20210.0935
 19-Nov-20210.0934
 18-Nov-20210.0876
 17-Nov-20210.0911
 16-Nov-20210.0835
 15-Nov-20210.0888
 14-Nov-20210.0924
 13-Nov-20210.0926
 12-Nov-20210.1254
 11-Nov-20210.1350
 10-Nov-20210.0982
 09-Nov-20210.1587
IDCW Weekly28-Nov-20210.6766

 21-Nov-20210.6423
 14-Nov-20210.9249
 07-Nov-20210.7098
 31-Oct-20210.4606
 24-Oct-20210.5012
 17-Oct-20210.7275
 10-Oct-20210.7779
 03-Oct-20210.5894
 26-Sep-20210.5685
 19-Sep-20210.6167
 12-Sep-20210.5927
 05-Sep-20210.6018
 29-Aug-20210.6349
 22-Aug-20210.5569
 16-Aug-20210.8115
 08-Aug-20210.6318
 01-Aug-20210.6635
 25-Jul-20210.6968
 18-Jul-20210.6741
 11-Jul-20210.6534
 04-Jul-20210.7121
 27-Jun-20210.7541
 20-Jun-20210.6261
 13-Jun-20210.6618
IDCW Monthly25-Nov-20213.1473

 25-Oct-20212.4215
 27-Sep-20212.7538
 25-Aug-20212.7982
 26-Jul-20212.9636
 25-Jun-20212.9861
 25-May-20212.4853
 26-Apr-20213.0672
 25-Mar-20212.4448
 25-Feb-20213.0126
 25-Jan-20212.2740
 28-Dec-20202.7509
 25-Nov-20202.7223
 26-Oct-20203.1136
 25-Sep-20202.7992
 25-Aug-20202.8826
 27-Jul-20203.3830
 25-Jun-20203.2978
 26-May-20204.0175
 27-Apr-20209.5272
 25-Mar-20201.1451
 25-Feb-20203.1418
 27-Jan-20203.2707
 26-Dec-20193.1670
 25-Nov-20193.4104

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.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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