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LIC MF 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 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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(₹)
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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 0.33 0.01 0.10 0.43 1.30 2.78 6.36 6.78 7.22 7.75 7.75
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 4.69
Debt: Liquid 0.32 0.01 0.09 0.41 1.25 2.68 6.19 6.53 7.04 7.62 7.75
Rank within category 10 6 7 12 14 17 22 25 23 24 23
Number of funds in category 42 42 42 42 42 42 41 36 35 34 28

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.48 (24-Feb-2008 - 02-Mar-2008) -1.15 (02-Mar-2008 - 09-Mar-2008)
Month 2.02 (01-Feb-2008 - 02-Mar-2008) -0.59 (02-Mar-2008 - 01-Apr-2008)
Quarter 3.53 (29-Nov-2007 - 02-Mar-2008) 0.78 (02-Mar-2008 - 01-Jun-2008)
Year 9.73 (26-Jul-2013 - 27-Jul-2014) 4.65 (01-Jun-2009 - 01-Jun-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.61 0.20 4.57 6.87 0.35 1.47
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Liquid 6.38 0.50 3.90 6.47 0.51 1.50
Rank within category 25 7 18 17 25 21
Number of funds in category 36 36 36 34 36 36

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 44 75 44 53
Modified Duration (yrs) -- -- -- 0.10
Average Maturity (yrs) 0.13 0.14 0.06 0.10
Yield to Maturity (%) 5.31 7.21 5.25 5.26

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal PNB Housing Finance 91-D 25/02/2020 Commercial Paper A1+ 0.00 - 7.02 7.02
equal National Bank Agr. Rur. Devp 252-D 31/01/2020 Commercial Paper A1+ 0.00 - 5.65 5.65
up IDFC First Bank 24/02/2020 Certificate of Deposit A1+ 0.00 - 5.63 5.63
up Chennai Petroleum Corp. 60-D 17/01/2020 Commercial Paper A1+ 0.00 - 4.96 4.96
equal Larsen & Toubro 91-D 17/01/2020 Commercial Paper A1+ 0.00 - 4.25 4.25
equal Reserve Bank of India 364-D 30/01/2020 Treasury Bills SOV 0.00 - 4.24 4.24
equal Export-Import Bank 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 4.23 4.23
new Kotak Mahindra Bank 28/02/2020 Certificate of Deposit A1+ 0.00 - 4.22 4.22
new Reliance Retail Ltd. 97-D 09/03/2020 Commercial Paper A1+ 0.00 - 4.22 4.22
new Reliance Jio Infocomm 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 4.22 4.22
equal REC 274-D 07/02/2020 Commercial Paper A1+ 0.00 - 3.53 3.53
new Indian Oil Corp. 45-D 27/01/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
equal Reliance Retail Ltd. 71-D 21/01/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
new L&T Finance 31-D 30/01/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
equal Bajaj Housing Finance 91-D 20/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
new Indian Oil Corp. 66-D 10/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
equal Reliance Jio Infocomm 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
equal Reliance Jio Infocomm 81-D 03/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
equal Hero FinCorp 90-D 13/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
new National Bank Agr. Rur. Devp 91-D 12/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 2.46 2.46
equal Indian Oil Corp. 68-D 13/01/2020 Commercial Paper A1+ 0.00 - 2.13 2.13
equal Tata Capital Housing Finance 90-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.11 2.11
equal National Bank Agr. Rur. Devp 29/01/2020 Commercial Paper A1+ 0.00 - 1.91 1.91
equal 8.19% GOI 16/01/2020 Central Government Loan SOV 0.00 - 1.42 1.42

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-Dec-2019

Fund Manager

— Rahul Singh since 05-Oct-2015

Education: Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.

Experience: Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

Funds Managed:


--

Change from previous, NAV as on 26-Jan-2020

Growth: ₹ 3,536.2025

Dividend Daily: ₹ 1,098.0000


Investment Strategy

The fund seeks to generate reasonable return with low risk and high liquidity from a portfolio of debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
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: LIC Mutual Fund
Launch Date: 18-Mar-2002
Return Since Launch: 7.32%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 7,047 Cr (As on 31-Dec-2019)
Expense: 0.25% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily26-Jan-20200.1120

 25-Jan-20200.1119
 24-Jan-20200.1137
 23-Jan-20200.1129
 22-Jan-20200.1103
 21-Jan-20200.1132
 20-Jan-20200.1127
 19-Jan-20200.1123
 18-Jan-20200.1121
 17-Jan-20200.1152
 16-Jan-20200.1135
 15-Jan-20200.1038
 14-Jan-20200.1034
 13-Jan-20200.0969
 12-Jan-20200.1088
 11-Jan-20200.1088
 10-Jan-20200.0815
 09-Jan-20200.1103
 08-Jan-20200.0979
 07-Jan-20200.1071
 06-Jan-20200.1057
 05-Jan-20200.1049
 04-Jan-20200.1048
 03-Jan-20200.0915
 02-Jan-20200.1617

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: www.licmf.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

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