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Baroda 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.

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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 0.24 0.01 0.09 0.44 1.34 2.89 6.60 7.00 7.45 7.97 --
Debt: Liquid 0.23 0.01 0.09 0.42 1.30 2.80 6.44 6.68 7.19 7.77 --
Rank within category 8 7 15 9 9 10 12 4 3 3 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 0.95 (08-Aug-2013 - 09-Sep-2013) 0.36 (24-Jun-2013 - 24-Jul-2013)
Quarter 2.70 (24-Jul-2013 - 23-Oct-2013) 1.33 (20-Oct-2019 - 19-Jan-2020)
Year 9.96 (26-Jul-2013 - 27-Jul-2014) 6.59 (19-Jan-2019 - 19-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.81 0.22 5.07 8.43 0.33 1.63
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 4 30 17 7 14 11
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 39 45 15 53
Modified Duration (yrs) 0.13 0.16 0.03 0.10
Average Maturity (yrs) 0.14 0.17 0.03 0.10
Yield to Maturity (%) 5.23 7.40 5.23 5.28

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 12/03/2020 Treasury Bills SOV 0.00 - 8.16 8.16
new Reserve Bank of India 91-D 30/01/2020 Treasury Bills SOV 0.00 - 7.38 7.38
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 6.93 6.93
new Power Grid Corporation 90-D 09/01/2020 Commercial Paper A1+ 0.00 - 4.94 4.94
new Reserve Bank of India 91-D 05/03/2020 Treasury Bills SOV 0.00 - 4.90 4.90
new Syndicate Bank 26/02/2020 Certificate of Deposit A1+ 0.00 - 4.90 4.90
new Reserve Bank of India 182-D 12/03/2020 Treasury Bills SOV 0.00 - 4.89 4.89
new Indian Oil Corp. 66-D 10/02/2020 Commercial Paper A1+ 0.00 - 3.28 3.28
new Reserve Bank of India 182-D 30/01/2020 Treasury Bills SOV 0.00 - 3.28 3.28
new Ultratech Cement 90-D 02/03/2020 Commercial Paper A1+ 0.00 - 3.27 3.27
new Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 3.27 3.27
new Indusind Bank 27/01/2020 Certificate of Deposit A1+ 0.00 - 2.46 2.46
new Motilal Oswal Home Finance 29-D 24/01/2020 Commercial Paper A1+ 0.00 - 2.46 2.46
new Indian Oil Corp. 45-D 27/01/2020 Commercial Paper A1+ 0.00 - 2.46 2.46
new National Bank Agr. Rur. Devp 252-D 31/01/2020 Commercial Paper A1+ 0.00 - 2.46 2.46
equal Reliance Jio Infocomm 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
equal IDFC First Bank 24/02/2020 Certificate of Deposit A1+ 0.00 - 2.45 2.45
new L&T Finance 60-D 28/02/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
new Aditya Birla Housing Finance 71-D 28/02/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
equal Motilal Oswal Financial 82-D 10/02/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
new Axis Finance 60-D 25/02/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
new Reliance Jio Infocomm 88-D 27/03/2020 Commercial Paper A1+ 0.00 - 2.44 2.44
new National Bank Agr. Rur. Devp 29/01/2020 Commercial Paper A1+ 0.00 - 1.97 1.97
new Indusind Bank 26/02/2020 Certificate of Deposit A1+ 0.00 - 1.96 1.96
new Reserve Bank of India 91-D 06/02/2020 Treasury Bills SOV 0.00 - 1.64 1.64

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

— Alok Sahoo since 01-Jan-2013

Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.

Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.

Funds Managed:

— Hetal P Shah since 01-Jan-2013

Education: Ms. Hetal P. Shah is a B.Com, MBA, and JAIIB.

Experience: Prior to joining Baroda AMC she has worked with Bank of India from may 1999.

Funds Managed:


--

Change from previous, NAV as on 19-Jan-2020

Growth: ₹ 2,260.7540

Dividend Weekly: ₹ 1,219.6019

Dividend Daily: ₹ 1,002.0849


Investment Strategy

The scheme aims to generate income with high liquidity by investing in a portfolio of money market and debt instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
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: Baroda Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.97%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 6,071 Cr (As on 31-Dec-2019)
Expense: 0.19% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily19-Jan-20200.1042

 18-Jan-20200.1042
 17-Jan-20200.1055
 16-Jan-20200.1069
 15-Jan-20200.1035
 14-Jan-20200.0888
 13-Jan-20200.0668
 12-Jan-20200.1008
 11-Jan-20200.1008
 10-Jan-20200.0798
 09-Jan-20200.1040
 08-Jan-20200.0915
 07-Jan-20200.1076
 06-Jan-20200.0885
 05-Jan-20200.0982
 04-Jan-20200.0982
 03-Jan-20200.0973
 02-Jan-20200.1607
 01-Jan-20200.1167
 31-Dec-20190.0965
 30-Dec-20190.0946
 29-Dec-20190.1048
 28-Dec-20190.1049
 27-Dec-20190.1137
 26-Dec-20190.1013
Dividend Weekly13-Jan-20200.8580

 06-Jan-20200.8591
 30-Dec-20190.8779
 23-Dec-20190.8777
 16-Dec-20190.8883
 09-Dec-20190.9501
 02-Dec-20190.8941
 25-Nov-20190.9302
 18-Nov-20190.9419
 11-Nov-20190.9427
 04-Nov-20190.8107
 29-Oct-20190.9334
 22-Oct-20191.0465
 14-Oct-20190.9595
 07-Oct-20191.0078
 30-Sep-20191.0954
 23-Sep-20190.9121
 16-Sep-20190.9498
 09-Sep-20190.8149
 03-Sep-20191.0817
 26-Aug-20191.0068
 19-Aug-20190.8978
 13-Aug-20191.2171
 05-Aug-20191.0427
 29-Jul-20191.1115

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: www.barodapioneer.in

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