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4 star

LIC MF 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 2.57 0.01 0.05 0.24 0.80 1.60 3.17 4.95 5.71 6.41 7.22
CCIL T Bill Liquidity Weight 1.62 0.00 0.01 0.11 0.51 1.07 2.07 3.32 3.62 4.06 4.52
Debt: Liquid 2.52 0.01 0.05 0.25 0.79 1.57 3.11 4.79 5.57 6.27 7.16
Rank within category 15 39 15 31 22 20 15 16 19 17 23
Number of funds in category 41 42 42 42 42 41 41 38 35 34 32

As on 20-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Liquid Fund  | Invest Online
4 star
Mar-02 3.17 4.95 5.71 0.25% 9,609
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.15 4.97 5.74 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.17 5.02 5.78 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.19 5.00 5.79 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.13 5.00 5.78 0.32% 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.73 20-Oct-2020 - 19-Jan-2021
Year 9.73 26-Jul-2013 - 27-Jul-2014 3.18 10-Jul-2020 - 10-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.92 0.50 1.94 7.37 1.08 1.63
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44
Rank within category 16 18 14 12 26 16
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-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 18 41 15 34
Modified Duration (yrs) 0.03 0.09 0.03 0.09
Average Maturity (yrs) 0.03 0.09 0.03 0.09
Yield to Maturity (%) 3.41 3.55 2.90 3.47
Avg Credit Rating -- -- --

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 364-D 07/10/2021 Treasury Bills SOV 0.00 - 7.50 5.20
new Indian Oil Corporation 35-D 11/10/2021 Commercial Paper A1+ 0.00 - 3.64 3.64
new SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 3.10 3.10
equal HDFC 61-D 18/10/2021 Commercial Paper A1+ 0.00 - 3.74 2.60
new Reliance Jio Infocomm 91-D 14/10/2021 Commercial Paper A1+ 0.00 - 2.08 2.08
new Indian Oil Corporation 42-D 25/10/2021 Commercial Paper A1+ 0.00 - 2.08 2.08
equal Indian Railway Finance Corporation 79-D 22/10/2021 Commercial Paper A1+ 0.00 - 2.99 2.08
equal Export-Import Bank 91-D 27/10/2021 Certificate of Deposit A1+ 0.00 - 3.09 2.08
equal Sundaram Finance 90-D 26/10/2021 Commercial Paper A1+ 0.00 - 3.09 2.08
equal Reliance Retail Ventures 89-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.99 2.07
equal Birla Group Holdings 91-D 12/11/2021 Commercial Paper A1+ 0.00 - 2.98 2.07
equal Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 2.62 1.77
new Reliance Industries 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 1.55 1.55
equal Birla Group Holdings 89-D 15/11/2021 Commercial Paper A1+ 0.00 - 2.24 1.55
equal Kotak Securities 90-D 21/10/2021 Commercial Paper A1+ 0.00 - 1.54 1.04
new Aditya Birla Housing Finance 89-D 27/12/2021 Commercial Paper A1+ 0.00 - 1.03 1.03
new L&T Finance 90-D 07/10/2021 Commercial Paper A1+ 0.00 - 0.78 0.78
equal Muthoot Finance 91-D 27/10/2021 Commercial Paper A1+ 0.00 - 0.77 0.52

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-Sep-2021

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:


0.01%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 3,769.0555

IDCW Daily: ₹ 1,000.1000


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 (₹) --
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: LIC Mutual Fund
Launch Date: 18-Mar-2002
Return Since Launch: 7.00%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 9,609 Cr (As on 30-Sep-2021)
Expense: 0.25% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily20-Oct-20210.0578

 19-Oct-20210.0866
 18-Oct-20210.0276
 17-Oct-20210.0832
 16-Oct-20210.0833
 15-Oct-20210.0833
 14-Oct-20210.0913
 13-Oct-20210.0789
 12-Oct-20210.0840
 11-Oct-20210.0963
 10-Oct-20210.0817
 09-Oct-20210.0818
 08-Oct-20210.0921
 07-Oct-20210.0852
 06-Oct-20210.0865
 05-Oct-20210.0818
 04-Oct-20210.0858
 03-Oct-20210.0927
 02-Oct-20210.0926
 01-Oct-20210.0808
 30-Sep-20210.0933
 29-Sep-20210.0698
 28-Sep-20210.0702
 27-Sep-20210.0858
 26-Sep-20210.0855

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: http://www.licmf.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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