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IDBI Liquid Fund

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Debt: Liquid

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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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(₹)
cal
cal

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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 4.23 0.01 0.06 0.28 0.86 1.83 4.73 6.29 6.62 7.22 7.80
CCIL T Bill Liquidity Weight 2.98 0.02 0.04 0.21 0.63 1.18 3.20 3.90 4.12 4.53 4.75
Debt: Liquid 3.69 0.01 0.05 0.26 0.79 1.61 4.16 5.92 6.38 7.04 7.66
Rank within category 2 24 22 2 2 2 2 3 7 9 15
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 27-Nov-2020

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 4.73 6.29 6.62 0.17 1,546
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 4.50 6.19 6.59 0.32 40,247
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
 Mar-04 4.52 6.24 6.63 0.31 34,021
Axis Liquid Fund
4 star
 Oct-09 4.50 6.23 6.62 0.25 26,509
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
 Dec-03 4.39 6.18 6.59 0.24 26,218

Best & Worst Performance

Best (Period) Worst (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) 0.85 (24-Aug-2020 - 23-Nov-2020)
Year 9.86 (28-Aug-2011 - 27-Aug-2012) 4.70 (29-Nov-2019 - 28-Nov-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.20 0.38 3.24 4.43 0.79 2.08
CCIL T Bill Liquidity Weight 3.89 0.32 -3.35 -6.53 -- --
Debt: Liquid 5.82 0.58 2.22 3.10 0.84 1.76
Rank within category 3 3 2 2 15 6
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 31-Oct-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 21 27 11 38
Modified Duration (yrs) 0.11 0.18 0.05 0.08
Average Maturity (yrs) 0.11 0.18 0.05 0.08
Yield to Maturity (%) 3.32 5.58 3.32 3.26
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 Reserve Bank of India 91-D 24/12/2020 Treasury Bills SOV 0.00 - 14.07 12.23
equal Reserve Bank of India 182-D 10/12/2020 Treasury Bills SOV 0.00 - 9.27 8.06
down Reserve Bank of India 91-D 17/12/2020 Treasury Bills SOV 0.00 - 14.45 7.73
equal SAIL 91-D 04/12/2020 Commercial Paper A1+ 0.00 - 7.42 6.45
new Aditya Birla Finance 180-D 25/11/2020 Commercial Paper A1+ 0.00 - 6.45 6.45
equal HDFC 72-D 10/12/2020 Commercial Paper A1+ 0.00 - 7.41 6.45
equal Reserve Bank of India 182-D 17/12/2020 Treasury Bills SOV 0.00 - 7.41 6.44
down National Bank Agr. Rur. Devp 90-D 28/12/2020 Commercial Paper A1+ 0.00 - 9.25 6.11
new Reliance Industries 91-D 02/11/2020 Commercial Paper A1+ 0.00 - 5.50 5.50
equal Indusind Bank 18/11/2020 Certificate of Deposit A1+ 0.00 - 5.94 5.17
new ICICI Securities 90-D 17/11/2020 Commercial Paper A1+ 0.00 - 3.23 3.23
new Can Fin Homes 88-D 28/12/2020 Commercial Paper A1+ 0.00 - 3.22 3.22
new Export-Import Bank 188-D 04/01/2021 Certificate of Deposit A1+ 0.00 - 3.22 3.22
equal Larsen & Toubro 270-D 15/12/2020 Commercial Paper A1+ 0.00 - 3.71 3.22
new JK Lakshmi Cement 82-D 30/12/2020 Commercial Paper A1+ 0.00 - 3.21 3.21
new Aditya Birla Money 77-D 31/12/2020 Commercial Paper A1+ 0.00 - 3.21 3.21
equal Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 4.36 2.91
new Reserve Bank of India 91-D 28/01/2021 Treasury Bills SOV 0.00 - 1.60 1.60
equal Reserve Bank of India 364-D 17/12/2020 Treasury Bills SOV 0.00 - 0.74 0.64
equal Reserve Bank of India 364-D 10/12/2020 Treasury Bills SOV 0.00 - 0.37 0.32
equal Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 0.37 0.32

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-2020

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:

0.01%

Change from previous, NAV as on 28-Nov-2020

Growth: ₹ 2,172.6345

Dividend Weekly: ₹ 1,023.4944

More

Dividend Monthly: ₹ 1,003.8918

Dividend 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
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: 7.75%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 1,546 Cr (As on 31-Oct-2020)
Expense: 0.17% (As on 31-Oct-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Nov-20200.0715

 26-Nov-20200.1025
 25-Nov-20200.0975
 24-Nov-20200.0791
 23-Nov-20200.0484
 22-Nov-20200.0781
 21-Nov-20200.0783
 20-Nov-20200.0630
 19-Nov-20200.1233
 18-Nov-20200.1497
 17-Nov-20200.0909
 16-Nov-20200.0840
 15-Nov-20200.0840
 14-Nov-20200.0843
 13-Nov-20200.0835
 12-Nov-20200.1497
 11-Nov-20200.1047
 10-Nov-20200.0799
 09-Nov-20200.0878
 08-Nov-20200.0854
 07-Nov-20200.0855
 06-Nov-20200.0982
 05-Nov-20200.1003
 04-Nov-20200.1001
 03-Nov-20200.1146
Dividend Monthly25-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
 25-Oct-20193.7387
 25-Sep-20193.1085
 26-Aug-20193.8245
 25-Jul-20194.1743
 25-Jun-20193.7910
 27-May-20194.4165
 25-Apr-20194.6119
 25-Mar-20193.9469
 25-Feb-20194.2690
 25-Jan-20194.3340
 26-Dec-20184.5364
 26-Nov-20184.8952
Dividend Weekly22-Nov-20200.5933

 16-Nov-20200.7712
 08-Nov-20200.6693
 01-Nov-20200.5792
 25-Oct-20200.6990
 18-Oct-20200.7254
 11-Oct-20200.6779
 04-Oct-20200.8041
 27-Sep-20200.6355
 20-Sep-20200.6876
 13-Sep-20200.5955
 06-Sep-20200.6620
 30-Aug-20200.6251
 23-Aug-20200.6992
 16-Aug-20200.7309
 09-Aug-20200.7476
 02-Aug-20200.6864
 26-Jul-20200.7612
 19-Jul-20200.7733
 12-Jul-20200.7202
 05-Jul-20200.7608
 28-Jun-20200.7116
 21-Jun-20200.8719
 14-Jun-20200.8872
 07-Jun-20200.7607

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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