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3 star

Union 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 3.70 0.01 0.07 0.28 0.82 1.87 4.74 4.98 5.80 6.66 --
CCIL T Bill Liquidity Weight 2.68 0.01 0.05 0.22 0.58 1.34 3.27 3.94 4.14 4.58 --
Debt: Liquid 3.41 0.01 0.06 0.28 0.82 1.78 4.42 6.01 6.42 7.11 --
Rank within category 5 17 9 20 12 10 7 34 32 30 --
Number of funds in category 40 40 40 40 40 40 40 36 35 34 31

As on 20-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Liquid Fund
3 star
Jun-11 4.74 4.98 5.80 0.19 873
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 4.75 6.36 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.72 6.36 6.72 0.30 24,930
Axis Liquid Fund  | Invest Online
4 star
Oct-09 4.73 6.35 6.72 0.25 24,817

Best & Worst Performance

Best (Period) Worst (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) 3.32 (13-Sep-2018 - 13-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.94 1.97 -0.06 -0.03 1.62 1.76
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 34 35 33 33 35 29
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 23 23 12 36
Modified Duration (yrs) 0.13 0.13 0.08 0.10
Average Maturity (yrs) 0.14 0.14 0.08 0.09
Yield to Maturity (%) 3.37 5.40 3.29 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 17/12/2020 Treasury Bills SOV 0.00 - 11.37 11.37
new Reserve Bank of India 91-D 10/12/2020 Treasury Bills SOV 0.00 - 8.54 8.54
equal LIC Housing Fin. 360-D 19/11/2020 Commercial Paper A1+ 0.00 - 9.82 5.70
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 5.70 5.70
equal Muthoot Finance 91-D 13/11/2020 Commercial Paper A1+ 0.00 - 9.82 5.70
new Reserve Bank of India 182-D 03/12/2020 Treasury Bills SOV 0.00 - 5.69 5.69
new Axis Finance 91-D 11/12/2020 Commercial Paper A1+ 0.00 - 5.69 5.69
new National Bank Agr. Rur. Devp 89-D 02/12/2020 Commercial Paper A1+ 0.00 - 5.69 5.69
equal Reliance Jio Infocomm 91-D 19/10/2020 Commercial Paper A1+ 0.00 - 4.96 2.86
equal Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 4.92 2.86
equal Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 4.92 2.86
equal Axis Bank 28/10/2020 Certificate of Deposit A1+ 0.00 - 4.92 2.86
equal Reliance Industries 91-D 29/10/2020 Commercial Paper A1+ 0.00 - 4.92 2.86
new Indian Oil Corp. 56-D 29/10/2020 Commercial Paper A1+ 0.00 - 2.86 2.86
equal Bank of Baroda 16/10/2020 Certificate of Deposit A1+ 0.00 - 4.96 2.86
new NTPC 91-D 24/11/2020 Commercial Paper A1+ 0.00 - 2.85 2.85
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 2.85 2.85
new Bank of Baroda 25/11/2020 Certificate of Deposit A1+ 0.00 - 2.85 2.85
new Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 2.85 2.85
equal Reliance Industries 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 4.91 2.85
new ICICI Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 2.84 2.84
equal Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 3.94 2.29
new Reserve Bank of India 364-D 12/11/2020 Treasury Bills SOV 0.00 - 1.71 1.71

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

— 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:


0.01%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 1,939.3971

Dividend Weekly: ₹ 1,000.9656

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Dividend Monthly: ₹ 1,002.9552

Dividend Fortnightly: ₹ 1,001.3529

Dividend 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
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: 7.34%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 873 Cr (As on 30-Sep-2020)
Expense: 0.19% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily19-Oct-20200.0930

 18-Oct-20200.0824
 17-Oct-20200.0827
 16-Oct-20200.0975
 15-Oct-20200.1009
 14-Oct-20200.1172
 13-Oct-20200.1068
 12-Oct-20200.0878
 11-Oct-20200.0848
 10-Oct-20200.0851
 09-Oct-20200.0882
 08-Oct-20200.0955
 07-Oct-20200.0961
 06-Oct-20200.0861
 05-Oct-20200.0902
 04-Oct-20200.0858
 03-Oct-20200.0856
 02-Oct-20200.0858
 01-Oct-20200.0884
 30-Sep-20200.1583
 29-Sep-20200.0982
 28-Sep-20200.0900
 27-Sep-20200.0887
 26-Sep-20200.0885
 25-Sep-20200.0995
Dividend Fortnightly13-Oct-20201.6035

 26-Sep-20201.3009
 11-Sep-20201.2926
 26-Aug-20201.3987
 11-Aug-20201.2573
 28-Jul-20201.4533
 11-Jul-20201.2440
 26-Jun-20201.7516
 11-Jun-20201.2454
 27-May-20202.0859
 12-May-20201.9154
 28-Apr-20202.3425
 14-Apr-20202.9782
 27-Mar-20202.6136
 12-Mar-20201.5018
 26-Feb-20201.5093
 11-Feb-20201.4241
 28-Jan-20201.6837
 11-Jan-20201.4885
 27-Dec-20191.5956
 11-Dec-20191.5432
 26-Nov-20191.4411
 12-Nov-20191.6714
 26-Oct-20191.5061
 11-Oct-20191.8018
Dividend Weekly13-Oct-20200.6448

 06-Oct-20200.6813
 29-Sep-20200.6299
 22-Sep-20200.5983
 15-Sep-20200.5205
 08-Sep-20200.5678
 01-Sep-20200.6584
 25-Aug-20200.5925
 18-Aug-20200.7064
 11-Aug-20200.6299
 04-Aug-20200.6290
 28-Jul-20200.5661
 21-Jul-20200.6284
 14-Jul-20200.6149
 07-Jul-20200.5697
 30-Jun-20200.6561
 23-Jun-20200.7409
 16-Jun-20200.8898
 09-Jun-20200.6052
 02-Jun-20200.4196
 27-May-20201.0713
 19-May-20201.0681
 12-May-20201.1560
 05-May-20200.7584
 28-Apr-20200.8585
Dividend Monthly26-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
 27-Aug-20193.7778
 26-Jul-20193.9250
 26-Jun-20193.7262
 28-May-20194.4966
 26-Apr-20194.3673
 26-Mar-20193.5938
 28-Aug-20184.6172
 26-Jul-20184.3473
 26-Jun-20184.5626
 26-May-20184.0118
 26-Apr-20184.5983
 27-Mar-20183.9242

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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