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IDBI Liquid Fund

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Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

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 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 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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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 2.88 0.02 0.08 0.33 1.18 2.69 5.64 6.68 6.95 7.53 7.91
CCIL T Bill Liquidity Weight 2.06 -0.01 0.05 0.22 0.84 1.89 3.85 4.13 4.32 4.69 4.78
Debt: Liquid 2.50 0.01 0.06 0.29 1.00 2.33 5.13 6.31 6.67 7.36 7.76
Rank within category 1 1 3 4 2 1 3 3 9 17 16
Number of funds in category 40 40 40 40 40 40 40 36 35 34 31

As on 13-Jul-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 5.64 6.68 6.95 0.17 1,264
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 5.48 6.60 6.94 0.32 57,335
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
 Mar-04 5.53 6.65 6.99 0.30 36,679
Nippon India Liquid Fund  | Invest Online
5 star
 Dec-03 5.50 6.66 6.98 0.28 30,604
Axis Liquid Fund  | Invest Online
4 star
 Oct-09 5.49 6.65 6.98 0.22 27,032

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) 1.05 (24-Dec-2019 - 24-Mar-2020)
Year 9.86 (28-Aug-2011 - 27-Aug-2012) 5.65 (12-Jul-2019 - 11-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.52 0.27 4.57 6.31 0.49 1.83
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58
Rank within category 3 2 3 1 23 7
Number of funds in category 36 36 36 36 36 36

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 29 11 40
Modified Duration (yrs) 0.06 0.18 0.06 --
Average Maturity (yrs) 0.06 0.18 0.06 --
Yield to Maturity (%) 4.32 6.65 4.32 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 17.38 17.38
equal Aditya Birla Fashion and Retail 90-D 25/08/2020 Commercial Paper A1+ 0.00 - 7.84 7.84
new KEC International 90-D 17/09/2020 Commercial Paper A1+ 0.00 - 7.80 7.80
new National Fertilizers 90-D 03/09/2020 Commercial Paper A1+ 0.00 - 5.89 5.89
new National Bank Agr. Rur. Devp 22/07/2020 Certificate of Deposit A1+ 0.00 - 3.95 3.95
equal Dalmia Cement (Bharat) Ltd 91-D 30/07/2020 Commercial Paper A1+ 0.00 - 4.27 3.94
new Axis Bank 23/09/2020 Certificate of Deposit A1+ 0.00 - 3.93 3.93
equal Dalmia Cement (Bharat) Ltd 90-D 18/08/2020 Commercial Paper A1+ 0.00 - 3.93 3.93
new DCM Shriram 90-D 10/09/2020 Commercial Paper A1+ 0.00 - 3.92 3.92
new National Bank Agr. Rur. Devp 2020 Certificate of Deposit A1+ 0.00 - 1.97 1.97
equal Reserve Bank of India 364-D 20/08/2020 Treasury Bills SOV 0.00 - 1.18 1.18

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-Jun-2020

*As on 31-May-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:

0.02%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 2,144.2813

Dividend Weekly: ₹ 1,023.1733

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Dividend Monthly: ₹ 1,005.5878

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: 7.91%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 1,264 Cr (As on 30-Jun-2020)
Expense: 0.17% (As on 31-May-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily12-Jul-20200.0991

 11-Jul-20200.0991
 10-Jul-20200.1108
 09-Jul-20200.1156
 08-Jul-20200.1120
 07-Jul-20200.0986
 06-Jul-20200.0721
 05-Jul-20200.1011
 04-Jul-20200.1014
 03-Jul-20200.0816
 02-Jul-20200.1112
 01-Jul-20200.1135
 30-Jun-20200.1355
 29-Jun-20200.1031
 28-Jun-20200.0960
 27-Jun-20200.0959
 26-Jun-20200.1411
 25-Jun-20200.0961
 24-Jun-20200.0673
 23-Jun-20200.1003
 22-Jun-20200.1023
 21-Jun-20200.1061
 20-Jun-20200.1062
 19-Jun-20200.1369
 18-Jun-20200.1828
Dividend Weekly12-Jul-20200.7202

 05-Jul-20200.7608
 28-Jun-20200.7116
 21-Jun-20200.8719
 14-Jun-20200.8872
 07-Jun-20200.7607
 31-May-20200.5734
 25-May-20201.1308
 17-May-20201.1229
 10-May-20201.2650
 03-May-20200.5005
 26-Apr-20201.6193
 19-Apr-20201.1391
 12-Apr-20200.5816
 06-Apr-20201.8278
 29-Mar-20202.3492
 15-Mar-20200.6909
 08-Mar-20200.8556
 01-Mar-20200.7237
 23-Feb-20200.7232
 16-Feb-20200.8176
 09-Feb-20200.7766
 02-Feb-20200.7554
 26-Jan-20200.7617
 19-Jan-20200.6734
Dividend Monthly25-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
 25-Oct-20184.8182
 25-Sep-20183.8065
 27-Aug-20184.5796
 25-Jul-20184.3775
 25-Jun-20184.6038

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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