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:
|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 (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)|
|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
|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|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 12/03/2020||Treasury Bills||SOV||0.00 - 8.16||8.16|
|Reserve Bank of India 91-D 30/01/2020||Treasury Bills||SOV||0.00 - 7.38||7.38|
|Reserve Bank of India 76-D 17/03/2020||Cash Management Bill||SOV||0.00 - 6.93||6.93|
|Power Grid Corporation 90-D 09/01/2020||Commercial Paper||A1+||0.00 - 4.94||4.94|
|Reserve Bank of India 91-D 05/03/2020||Treasury Bills||SOV||0.00 - 4.90||4.90|
|Syndicate Bank 26/02/2020||Certificate of Deposit||A1+||0.00 - 4.90||4.90|
|Reserve Bank of India 182-D 12/03/2020||Treasury Bills||SOV||0.00 - 4.89||4.89|
|Indian Oil Corp. 66-D 10/02/2020||Commercial Paper||A1+||0.00 - 3.28||3.28|
|Reserve Bank of India 182-D 30/01/2020||Treasury Bills||SOV||0.00 - 3.28||3.28|
|Ultratech Cement 90-D 02/03/2020||Commercial Paper||A1+||0.00 - 3.27||3.27|
|Reserve Bank of India 91-D 20/02/2020||Treasury Bills||SOV||0.00 - 3.27||3.27|
|Indusind Bank 27/01/2020||Certificate of Deposit||A1+||0.00 - 2.46||2.46|
|Motilal Oswal Home Finance 29-D 24/01/2020||Commercial Paper||A1+||0.00 - 2.46||2.46|
|Indian Oil Corp. 45-D 27/01/2020||Commercial Paper||A1+||0.00 - 2.46||2.46|
|National Bank Agr. Rur. Devp 252-D 31/01/2020||Commercial Paper||A1+||0.00 - 2.46||2.46|
|Reliance Jio Infocomm 91-D 17/02/2020||Commercial Paper||A1+||0.00 - 2.45||2.45|
|IDFC First Bank 24/02/2020||Certificate of Deposit||A1+||0.00 - 2.45||2.45|
|L&T Finance 60-D 28/02/2020||Commercial Paper||A1+||0.00 - 2.45||2.45|
|Aditya Birla Housing Finance 71-D 28/02/2020||Commercial Paper||A1+||0.00 - 2.45||2.45|
|Motilal Oswal Financial 82-D 10/02/2020||Commercial Paper||A1+||0.00 - 2.45||2.45|
|Axis Finance 60-D 25/02/2020||Commercial Paper||A1+||0.00 - 2.45||2.45|
|Reliance Jio Infocomm 88-D 27/03/2020||Commercial Paper||A1+||0.00 - 2.44||2.44|
|National Bank Agr. Rur. Devp 29/01/2020||Commercial Paper||A1+||0.00 - 1.97||1.97|
|Indusind Bank 26/02/2020||Certificate of Deposit||A1+||0.00 - 1.96||1.96|
|Reserve Bank of India 91-D 06/02/2020||Treasury Bills||SOV||0.00 - 1.64||1.64|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
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.
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.
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The scheme aims to generate income with high liquidity by investing in a portfolio of money market and debt instruments.
|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.
|Fund House:||Baroda Mutual Fund|
|Return Since Launch:||7.97%|
|Assets:||₹ 6,071 Cr (As on 31-Dec-2019)|
|Expense:||0.19% (As on 31-Dec-2019)|
|Return Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
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
Email: [email protected]