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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 3.01 0.01 0.06 0.32 0.79 1.63 3.23 4.76 5.62 6.31 7.15
CCIL T Bill Liquidity Weight 1.87 -0.01 0.04 0.16 0.43 1.05 2.00 3.20 3.53 3.98 4.47
Debt: Liquid 2.96 0.01 0.06 0.31 0.79 1.60 3.17 4.61 5.48 6.18 7.09
Rank within category 18 29 22 20 27 24 17 16 20 17 24
Number of funds in category 41 42 42 42 42 42 41 38 35 34 33

As on 06-Dec-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 3.23 4.76 5.62 0.25% 6,602
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.19 4.78 5.65 0.32% 37,504
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.19 4.81 5.68 0.32% 27,208
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.23 4.82 5.69 0.32% 27,111
Axis Liquid Fund
4 star
Oct-09 3.25 4.81 5.70 0.26% 26,451

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 3.16 29-Oct-2020 - 29-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.69 0.48 1.87 11.83 1.04 1.53
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.54 0.47 1.58 9.47 0.97 1.34
Rank within category 16 23 15 13 28 15
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 41 15 20
Modified Duration (yrs) 0.09 0.09 0.03 --
Average Maturity (yrs) 0.09 0.09 0.03 --
Yield to Maturity (%) 3.62 3.62 2.90 --
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 02/12/2021 Treasury Bills SOV 0.00 - 11.91 11.91
new National Bank Agr. Rur. Devp 90-D 12/01/2022 Commercial Paper A1+ 0.00 - 7.52 7.52
new Reliance Jio Infocomm 91-D 17/01/2022 Commercial Paper A1+ 0.00 - 7.51 7.51
up Reliance Retail Ventures 89-D 03/11/2021 Commercial Paper A1+ 0.00 - 6.06 6.06
new Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 6.03 6.03
equal SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.52 4.52
equal Birla Group Holdings 91-D 12/11/2021 Commercial Paper A1+ 0.00 - 3.03 3.03
new Indian Oil Corporation 43-D 18/11/2021 Commercial Paper A1+ 0.00 - 3.02 3.02
new Chennai Petroleum Corporation 91-D 31/12/2021 Commercial Paper A1+ 0.00 - 3.01 3.01
new Kotak Securities 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 3.00 3.00
new 6.99% REC 31/12/2021 Non Convertible Debenture AAA 0.00 - 2.79 2.79
equal Birla Group Holdings 89-D 15/11/2021 Commercial Paper A1+ 0.00 - 2.27 2.27
equal Reliance Industries 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 2.26 2.26
equal Aditya Birla Housing Finance 89-D 27/12/2021 Commercial Paper A1+ 0.00 - 1.51 1.51
new TVS Credit Services 91-D 20/01/2022 Commercial Paper A1+ 0.00 - 1.50 1.50
new L&T Finance 166-D 07/12/2021 Commercial Paper A1+ 0.00 - 0.38 0.38

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-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 07-Dec-2021

Growth: ₹ 3,785.2292

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: 6.98%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 6,602 Cr (As on 31-Oct-2021)
Expense: 0.25% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Dec-20210.0837

 05-Dec-20210.0909
 04-Dec-20210.0911
 03-Dec-20210.0945
 02-Dec-20210.0949
 01-Dec-20210.0837
 30-Nov-20210.0928
 29-Nov-20210.0915
 28-Nov-20210.0898
 27-Nov-20210.0896
 26-Nov-20210.0885
 25-Nov-20210.0925
 24-Nov-20210.1207
 23-Nov-20210.0957
 22-Nov-20210.0658
 21-Nov-20210.0910
 20-Nov-20210.0910
 19-Nov-20210.0911
 18-Nov-20210.0831
 17-Nov-20210.1012
 16-Nov-20210.0832
 15-Nov-20210.0820
 14-Nov-20210.0894
 13-Nov-20210.0893
 12-Nov-20210.1197

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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