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4 star

LIC MF Liquid Fund


Debt: Liquid

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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(₹)
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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 3.68 0.01 0.06 0.28 0.81 1.83 4.72 6.25 6.63 7.26 7.72
CCIL T Bill Liquidity Weight 2.70 0.02 0.06 0.24 0.60 1.32 3.29 3.94 4.14 4.58 4.77
Debt: Liquid 3.41 0.01 0.06 0.28 0.82 1.76 4.41 6.00 6.41 7.10 7.68
Rank within category 7 25 21 19 18 13 9 17 17 17 24
Number of funds in category 39 39 39 39 39 39 39 35 34 33 30

As on 21-Oct-2020

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 4.72 6.25 6.63 0.25 7,836
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.72 6.30 6.68 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.35 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.71 6.35 6.72 0.30 24,930
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.73 6.34 6.72 0.25 24,817

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 6.14 0.38 2.84 3.70 0.77 1.97
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 19 7 12 14 23 15
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 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 36 62 36 36
Modified Duration (yrs) 0.10 0.10 0.07 0.10
Average Maturity (yrs) 0.11 0.15 0.06 0.09
Yield to Maturity (%) 3.32 5.43 3.22 3.38
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
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 6.35 6.35
new Reserve Bank of India 91-D 17/12/2020 Treasury Bills SOV 0.00 - 6.34 6.34
down Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 6.05 6.05
new National Bank Agr. Rur. Devp 89-D 02/12/2020 Commercial Paper A1+ 0.00 - 5.08 5.08
new IRFC 80-D 09/10/2020 Commercial Paper A1+ 0.00 - 4.46 4.46
equal L&T Finance 91-D 17/11/2020 Commercial Paper A1+ 0.00 - 3.81 3.81
equal NTPC 88-D 27/11/2020 Commercial Paper A1+ 0.00 - 3.81 3.81
new Tata Capital Financial Services 91-D 09/12/2020 Commercial Paper A1+ 0.00 - 3.49 3.49
new Indian Oil Corp. 49-D 26/10/2020 Commercial Paper A1+ 0.00 - 3.18 3.18
new Chennai Petroleum Corp. 91-D 03/12/2020 Commercial Paper A1+ 0.00 - 3.17 3.17
equal Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 2.55 2.55
new Export-Import Bank 91-D 23/11/2020 Certificate of Deposit A1+ 0.00 - 2.54 2.54
up HDFC 344-D 03/11/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Tata Capital Housing Finance 88-D 06/11/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Reliance Industries 91-D 06/11/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Ultratech Cement 90-D 05/11/2020 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Axis Finance 91-D 22/10/2020 Commercial Paper A1+ 0.00 - 2.48 2.48
up Reliance Jio Infocomm 91-D 23/10/2020 Commercial Paper A1+ 0.00 - 2.29 2.29
equal Larsen & Toubro 91-D 11/11/2020 Commercial Paper A1+ 0.00 - 1.91 1.91
new Axis Bank 30/10/2020 Certificate of Deposit A1+ 0.00 - 1.59 1.59
new NTPC 91-D 09/12/2020 Commercial Paper A1+ 0.00 - 1.59 1.59
equal Aditya Birla Housing Finance 90-D 12/11/2020 Commercial Paper A1+ 0.00 - 1.27 1.27
equal Aditya Birla Finance 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 1.27 1.27
new National Bank Agr. Rur. Devp 89-D 10/11/2020 Commercial Paper A1+ 0.00 - 1.27 1.27
new Axis Bank 13/11/2020 Certificate of Deposit A1+ 0.00 - 1.27 1.27

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-2020

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-2020

Growth: ₹ 3,653.1534

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: 7.21%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 7,836 Cr (As on 30-Sep-2020)
Expense: 0.25% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily20-Oct-20200.1097

 19-Oct-20200.0978
 18-Oct-20200.0893
 17-Oct-20200.0894
 16-Oct-20200.1066
 15-Oct-20200.1134
 14-Oct-20200.1113
 13-Oct-20200.1151
 12-Oct-20200.0862
 11-Oct-20200.0918
 10-Oct-20200.0919
 09-Oct-20200.1000
 08-Oct-20200.1025
 07-Oct-20200.1065
 06-Oct-20200.1067
 05-Oct-20200.1000
 04-Oct-20200.0952
 03-Oct-20200.0953
 02-Oct-20200.0952
 01-Oct-20200.0966
 30-Sep-20200.1725
 29-Sep-20200.1073
 28-Sep-20200.1041
 27-Sep-20200.1019
 26-Sep-20200.1016

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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