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5 star

Union 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 2.61 0.01 0.07 0.26 0.81 1.62 3.20 4.88 4.92 5.79 6.86
CCIL T Bill Liquidity Weight 1.64 0.03 0.00 0.11 0.53 1.08 2.06 3.34 3.61 4.04 4.52
Debt: Liquid 2.53 0.01 0.06 0.25 0.78 1.57 3.11 4.78 5.56 6.27 7.16
Rank within category 10 4 4 12 10 12 8 22 33 32 28
Number of funds in category 41 42 42 42 42 41 41 38 35 34 32

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Liquid Fund
5 star
Jun-11 3.20 4.88 4.92 0.17% 1,097
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.15 4.96 5.74 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.16 5.01 5.77 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.19 4.99 5.78 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.12 4.99 5.77 0.32% 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.65 24-Mar-2020 - 31-Mar-2020 -3.26 13-Sep-2018 - 20-Sep-2018
Month 1.04 24-Mar-2020 - 23-Apr-2020 -2.84 04-Sep-2018 - 04-Oct-2018
Quarter 2.66 24-Jul-2013 - 23-Oct-2013 -1.71 03-Sep-2018 - 03-Dec-2018
Year 9.93 29-Sep-2011 - 30-Sep-2012 3.20 25-Jun-2020 - 25-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.86 0.48 1.92 7.30 1.04 1.55
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 22 9 15 13 15 23
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 14 28 14 34
Modified Duration (yrs) 0.03 0.13 0.03 0.09
Average Maturity (yrs) 0.03 0.13 0.03 0.09
Yield to Maturity (%) 3.42 3.46 2.92 3.47
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 Reliance Industries 91-D 26/10/2021 Commercial Paper A1+ 0.00 - 5.46 5.46
new HDFC 28/10/2021 Commercial Paper A1+ 0.00 - 4.55 4.55
new Indian Oil Corporation 46-D 22/10/2021 Commercial Paper A1+ 0.00 - 4.55 4.55
equal Bajaj Finance 91-D 26/10/2021 Commercial Paper A1+ 0.00 - 4.55 4.55
equal Aditya Birla Finance 90-D 14/10/2021 Commercial Paper A1+ 0.00 - 4.55 4.55
equal Alembic Pharmaceuticals 90-D 27/10/2021 Commercial Paper A1+ 0.00 - 4.55 4.55
equal Muthoot Finance 91-D 29/10/2021 Commercial Paper A1+ 0.00 - 3.64 3.64
new Reserve Bank of India 182-D 14/10/2021 Treasury Bills SOV 0.00 - 3.64 3.64
equal Axis Finance 60-D 22/10/2021 Commercial Paper A1+ 0.00 - 2.27 2.27
equal Axis Finance 91-D 28/10/2021 Commercial Paper A1+ 0.00 - 2.27 2.27
new Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 2.27 2.27
new Reserve Bank of India 364-D 28/10/2021 Treasury Bills SOV 0.00 - 2.27 2.27
new Reserve Bank of India 91-D 11/11/2021 Treasury Bills SOV 0.00 - 1.36 1.36
new HDFC 25/10/2021 Commercial Paper A1+ 0.00 - 0.91 0.91

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

— Devesh Thacker since 14-Jun-2011

Education: Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

Experience: Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Funds Managed:

— Parijat Agrawal since 18-Jun-2021

Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Funds Managed:


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Change from previous, NAV as on 24-Oct-2021

Growth: ₹ 2,002.2686

IDCW Weekly: ₹ 1,001.3997

More

IDCW Monthly: ₹ 1,002.9288

IDCW Fortnightly: ₹ 1,001.6865

IDCW Daily: ₹ 1,000.7927


Investment Strategy

The scheme seeks to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
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: Union Mutual Fund
Launch Date: 15-Jun-2011
Return Since Launch: 6.93%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,097 Cr (As on 30-Sep-2021)
Expense: 0.17% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily22-Oct-20210.0870

 21-Oct-20210.0865
 20-Oct-20210.0803
 19-Oct-20210.0869
 18-Oct-20210.0747
 17-Oct-20210.0833
 16-Oct-20210.0833
 15-Oct-20210.0834
 14-Oct-20210.0763
 13-Oct-20210.0830
 12-Oct-20210.0813
 11-Oct-20210.1026
 10-Oct-20210.0845
 09-Oct-20210.0845
 08-Oct-20210.0921
 07-Oct-20210.0863
 06-Oct-20210.0814
 05-Oct-20210.0870
 04-Oct-20210.0875
 03-Oct-20210.0874
 02-Oct-20210.0874
 01-Oct-20210.1002
 30-Sep-20210.0991
 29-Sep-20210.0825
 28-Sep-20210.0785
IDCW Weekly19-Oct-20210.5711

 12-Oct-20210.6137
 05-Oct-20210.6329
 28-Sep-20210.5899
 21-Sep-20210.5880
 14-Sep-20210.5727
 07-Sep-20210.5762
 31-Aug-20210.6150
 24-Aug-20210.6273
 17-Aug-20210.6869
 10-Aug-20210.6220
 03-Aug-20210.6288
 27-Jul-20210.6575
 20-Jul-20210.6376
 13-Jul-20210.6481
 06-Jul-20210.6108
 29-Jun-20210.6758
 22-Jun-20210.6126
 15-Jun-20210.6186
 08-Jun-20210.6296
 01-Jun-20210.6282
 25-May-20210.6138
 18-May-20210.6096
 11-May-20210.5720
 04-May-20210.5767
IDCW Fortnightly12-Oct-20211.2441

 28-Sep-20211.1756
 14-Sep-20211.5858
 26-Aug-20211.4004
 11-Aug-20211.3497
 27-Jul-20211.2963
 13-Jul-20211.5561
 26-Jun-20211.3432
 11-Jun-20211.4339
 26-May-20211.3135
 11-May-20211.1488
 27-Apr-20211.2305
 13-Apr-20211.6345
 26-Mar-20211.4823
 11-Mar-20211.0321
 26-Feb-20211.4267
 11-Feb-20211.4173
 26-Jan-20211.1747
 12-Jan-20211.0173
 29-Dec-20201.5485
 11-Dec-20201.0553
 26-Nov-20201.3003
 11-Nov-20201.2834
 27-Oct-20201.2379
 13-Oct-20201.6035
IDCW Monthly28-Sep-20212.7632

 26-Aug-20212.7463
 27-Jul-20212.8520
 26-Jun-20212.7793
 26-May-20212.4625
 27-Apr-20212.8675
 26-Mar-20212.5146
 26-Feb-20212.8440
 26-Jan-20212.1829
 29-Dec-20202.5517
 26-Nov-20202.5854
 27-Oct-20202.8453
 26-Sep-20202.5965
 26-Aug-20202.6617
 28-Jul-20202.6963
 26-Jun-20202.9973
 27-May-20204.0019
 28-Apr-20205.3387
 27-Mar-20204.1200
 26-Feb-20202.9331
 28-Jan-20203.1787
 27-Dec-20193.1468
 26-Nov-20193.1186
 26-Oct-20193.3122
 26-Sep-20193.0548

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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