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:
|CCIL T Bill Liquidity Weight||1.78||0.02||0.00||0.25||1.20||2.00||4.16||4.23||4.40||4.73||--|
|Rank within category||28||23||25||30||29||28||27||26||9||11||--|
|Number of funds in category||42||42||42||42||42||42||42||36||35||34||29|
As on 29-May-2020
|Best (Period)||Worst (Period)|
|Week||0.27 (04-Apr-2012 - 13-Apr-2012)||-0.12 (09-Jul-2013 - 16-Jul-2013)|
|Month||0.95 (22-Mar-2012 - 23-Apr-2012)||0.30 (29-Apr-2020 - 29-May-2020)|
|Quarter||2.63 (17-Feb-2012 - 20-May-2012)||1.22 (28-Feb-2020 - 29-May-2020)|
|Year||9.97 (04-Nov-2011 - 05-Nov-2012)||5.60 (30-May-2019 - 29-May-2020)|
|CCIL T Bill Liquidity Weight||4.16||0.26||-5.00||-9.29||--||--|
|Rank within category||22||6||12||22||10||25|
|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-Apr-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||9||47||8||48|
|Modified Duration (yrs)||0.04||0.14||0.04||--|
|Average Maturity (yrs)||0.04||0.14||0.04||--|
|Yield to Maturity (%)||4.31||6.59||4.31||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Union Bank of India 2020||Certificate of Deposit||A1+||0.00 - 9.79||9.79|
|Reliance Industries 179-D 29/05/2020||Commercial Paper||A1+||0.00 - 9.76||9.76|
|Birla Group Holdings 90-D 27/05/2020||Commercial Paper||A1+||0.00 - 9.74||9.74|
|Bank of Baroda 2020||Certificate of Deposit||A1+||0.00 - 9.01||9.01|
|National Bank Agr. Rur. Devp 88-D 15/05/2020||Commercial Paper||A1+||0.00 - 7.82||7.82|
|Export-Import Bank 180-D 27/05/2020||Commercial Paper||A1+||0.00 - 7.23||7.23|
|HDFC Bank||Fixed Deposits||--||0.00 - 6.17||6.17|
|Reserve Bank of India 77-D||Treasury Bills||SOV||0.00 - 3.90||3.90|
|7.98% LIC Housing Fin. 15/05/2020||Debenture||AAA||0.00 - 1.18||1.18|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining Indiabulls AMC he has worked with Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
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The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||5,000|
|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.
|Fund House:||Indiabulls Mutual Fund|
|Return Since Launch:||8.00%|
|Assets:||₹ 255 Cr (As on 30-Apr-2020)|
|Expense:||0.22% (As on 30-Apr-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 29-Nov-2019
AMC: Indiabulls Asset Management Company Ltd.
Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013
Phone: 022-61891300 / 1800-2666-002
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]