VR Logo

Indiabulls Liquid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

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:

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.32 0.01 0.10 0.45 1.33 2.85 6.53 6.93 7.44 7.95 --
CCIL T Bill Liquidity Weight 0.21 0.04 0.05 0.26 0.84 1.89 4.22 4.14 4.47 4.79 --
Debt: Liquid 0.30 0.01 0.10 0.43 1.30 2.79 6.41 6.67 7.18 7.77 --
Rank within category 3 5 4 4 12 14 19 16 4 7 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 22-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.27 (06-Sep-2013 - 15-Sep-2013) -0.11 (09-Jul-2013 - 16-Jul-2013)
Month 0.92 (23-Aug-2013 - 23-Sep-2013) 0.33 (25-Jun-2013 - 25-Jul-2013)
Quarter 2.64 (25-Jul-2013 - 24-Oct-2013) 1.31 (17-Oct-2019 - 16-Jan-2020)
Year 9.88 (26-Jul-2013 - 27-Jul-2014) 6.55 (17-Jan-2019 - 17-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.76 0.19 5.42 7.51 0.33 1.58
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 15 6 6 17 15 20
Number of funds in category 35 35 35 33 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 81 12 53
Modified Duration (yrs) 0.14 0.14 0.06 0.10
Average Maturity (yrs) 0.14 0.14 0.06 0.10
Yield to Maturity (%) 5.42 7.32 5.32 5.28

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new National Bank Agr. Rur. Devp 91-D 12/03/2020 Commercial Paper A1+ 0.00 - 12.15 12.15
up Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 9.73 9.73
equal South Indian Bank 31/01/2020 Certificate of Deposit A1+ 0.00 - 8.14 8.14
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 8.10 8.10
new Reliance Jio Infocomm 91-D 20/03/2020 Commercial Paper A1+ 0.00 - 8.09 8.09
new Power Grid Corporation 90-D 26/03/2020 Securitised Debt A1+ 0.00 - 8.09 8.09
new 7.78% HDFC 24/03/2020 Debenture AAA 0.00 - 6.58 6.58
new IDFC First Bank 14/01/2020 Certificate of Deposit A1+ 0.00 - 4.08 4.08
new Aditya Birla Money 60-D 11/02/2020 Bonds A1+ 0.00 - 4.06 4.06
equal IDFC First Bank 20/02/2020 Certificate of Deposit A1+ 0.00 - 4.06 4.06
equal South Indian Bank 28/02/2020 Certificate of Deposit A1+ 0.00 - 4.05 4.05
new Birla Group Holdings 90-D 11/03/2020 Commercial Paper A1+ 0.00 - 4.03 4.03
new PTC India 91-D 26/03/2020 Bonds A1+ 0.00 - 4.02 4.02
equal HDFC Bank Fixed Deposits -- 0.00 - 5.51 2.58

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-Dec-2019

Fund Manager

— Vikrant Mehta since 20-Jun-2019

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.

Funds Managed:


0.01%

Change from previous, NAV as on 22-Jan-2020

Growth: ₹ 1,918.4575

Dividend Weekly: ₹ 1,000.8348

More

Dividend Monthly: ₹ 1,032.4580

Dividend Fortnightly: ₹ 1,002.2543

Dividend Daily: ₹ 1,001.0600


Investment Strategy

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.

Investment Details

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.

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.96%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 611 Cr (As on 31-Dec-2019)
Expense: 0.10% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily22-Jan-20200.1058

 21-Jan-20200.1094
 20-Jan-20200.1129
 19-Jan-20200.1055
 18-Jan-20200.1055
 17-Jan-20200.1054
 16-Jan-20200.1062
 15-Jan-20200.0967
 14-Jan-20200.0797
 13-Jan-20200.0808
 12-Jan-20200.1042
 11-Jan-20200.1044
 10-Jan-20200.0601
 09-Jan-20200.1140
 08-Jan-20200.1043
 07-Jan-20200.1026
 06-Jan-20200.1053
 05-Jan-20200.1026
 04-Jan-20200.1024
 03-Jan-20200.1006
 02-Jan-20200.1572
 01-Jan-20200.1223
 31-Dec-20190.0952
 30-Dec-20190.0999
 29-Dec-20190.1030
Dividend Weekly20-Jan-20200.7117

 13-Jan-20200.6705
 06-Jan-20200.7857
 30-Dec-20190.7367
 23-Dec-20190.7136
 16-Dec-20190.7105
 09-Dec-20190.7036
 02-Dec-20190.7382
 25-Nov-20190.7333
 18-Nov-20190.7546
 11-Nov-20190.6937
 04-Nov-20190.6355
 29-Oct-20190.7280
 22-Oct-20190.8517
 14-Oct-20190.8117
 07-Oct-20190.8931
 30-Sep-20190.8452
 23-Sep-20190.6922
 16-Sep-20190.7808
 09-Sep-20190.6859
 03-Sep-20190.8905
 26-Aug-20190.8212
 19-Aug-20190.6660
 13-Aug-20190.9627
 05-Aug-20190.9125
Dividend Fortnightly10-Jan-20201.5964

 26-Dec-20191.6302
 10-Dec-20191.5474
 25-Nov-20191.4894
 11-Nov-20191.7386
 25-Oct-20191.6518
 10-Oct-20191.8723
 25-Sep-20191.4515
 11-Sep-20191.8018
 26-Aug-20191.4885
 13-Aug-20192.3892
 25-Jul-20191.9302
 10-Jul-20191.9532
 25-Jun-20191.9676
 10-Jun-20191.9313
 27-May-20192.5616
 10-May-20192.0655
 25-Apr-20192.0602
 10-Apr-20192.5573
 25-Mar-20191.9720
 11-Mar-20191.8953
 25-Feb-20191.9411
 11-Feb-20192.4185
 25-Jan-20192.1416
 10-Jan-20192.2375
Dividend Monthly01-Jan-20203.1778

 02-Dec-20193.3221
 01-Nov-20193.5799
 01-Oct-20193.2489
 03-Sep-20193.9402
 01-Aug-20194.1550
 01-Jul-20193.8364
 03-Jun-20194.8684
 02-May-20194.2797
 02-Apr-20194.9356
 01-Mar-20193.9846
 01-Feb-20194.5891
 01-Jan-20194.3446
 03-Dec-20184.7670
 01-Nov-20184.6987
 01-Oct-20183.8442
 03-Sep-20184.7812
 01-Aug-20184.4725
 02-Jul-20184.8435
 01-Jun-20184.2098
 02-May-20184.0815
 03-Apr-20185.1488
 01-Mar-20183.8531
 01-Feb-20184.1883
 01-Jan-20183.7366

Contact Information

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]

Website: www.indiabullsamc.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM