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Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.
Taxability of earnings:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|CCIL T Bill Liquidity Weight||4.21||0.30||0.89||4.41||4.19||4.52||--|
|Rank within category||28||24||29||29||33||32||--|
|Number of funds in category||40||42||42||39||36||35||28|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||0.94 (08-Aug-2013 - 09-Sep-2013)||-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)|
|CCIL T Bill Liquidity Weight||4.11||0.25||-6.57||-10.84||--||--|
|Rank within category||28||29||28||28||29||2|
|Number of funds in category||30||30||30||29||30||30|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||16||32||15||58|
|Modified Duration (yrs)||0.10||0.12||0.05||0.08|
|Average Maturity (yrs)||0.10||0.12||0.06||0.09|
|Yield to Maturity (%)||5.20||7.35||5.20||5.35|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reliance Retail Ltd. 60-D 03/12/2019||Commercial Paper||A1+||0.00 - 8.52||8.52|
|Indian Bank 2019||Certificate of Deposit||A1+||0.00 - 9.70||8.52|
|Axis Bank 2019||Certificate of Deposit||A1+||0.00 - 8.59||8.52|
|Kotak Mahindra Bank 26/12/2019||Certificate of Deposit||A1+||0.00 - 17.13||8.50|
|The Ramco Cements 69-D 29/01/2020||Commercial Paper||A1+||0.00 - 8.45||8.45|
|National Bank Agr. Rur. Devp 252-D 31/01/2020||Commercial Paper||A1+||0.00 - 8.45||8.45|
|Bajaj Housing Finance 91-D 18/02/2020||Commercial Paper||A1+||0.00 - 8.43||8.43|
|Hero FinCorp 90-D 13/02/2020||Commercial Paper||A1+||0.00 - 8.43||8.43|
|JSW Steel 87-D 06/02/2020||Commercial Paper||A1+||0.00 - 8.42||8.42|
|Indusind Bank 27/12/2019||Certificate of Deposit||A1+||0.00 - 5.14||5.10|
|HPCL 91-D 13/12/2019||Commercial Paper||A1+||0.00 - 4.84||4.26|
|Tata Capital Financial Services 364-D 13/12/2019||Commercial Paper||A1+||0.00 - 4.29||4.25|
|Indian Oil Corp. 77-D 23/12/2019||Commercial Paper||A1+||0.00 - 4.28||4.25|
|SIDBI 15/01/2020||Commercial Paper||A1+||0.00 - 4.24||4.24|
|Reserve Bank of India 91-D 26/12/2019||Treasury Bills||SOV||0.00 - 0.86||0.85|
|Reserve Bank of India 182-D 23/01/2020||Treasury Bills||SOV||0.00 - 0.85||0.85|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
Education: Mr. Mehta is a B.E. and M.M.S.
Experience: Prior to joining Union Mutual Fund he has worked with Ratnakar Bank Limited, ICRA and Baritone Solutions.
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.
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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.
|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||0.007% for redemption between 1 - 1 days
0.0065% for redemption between 2 - 2 days
0.006% for redemption between 3 - 3 days
0.0055% for redemption between 4 - 4 days
0.005% for redemption between 5 - 5 days
0.0045% for redemption between 6 - 6 days
|Fund House:||Union Mutual Fund|
|Assets:||₹ 587 Cr (As on 30-Nov-2019)|
|Expense:||0.19% (As on 30-Nov-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 13-Dec-2018
Fund News - 30-Oct-2018
Fund News - 08-Oct-2018
Fund News - 20-Sep-2018
Fund News - 29-Jun-2018
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
Email: [email protected]
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
Email: [email protected]