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3 star

Baroda Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a 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 funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 2.47 0.01 0.06 0.27 0.86 1.71 3.35 5.17 5.92 6.64 --
CCIL T Bill Liquidity Weight 1.54 0.03 0.04 0.20 0.62 1.10 2.20 3.43 3.66 4.10 --
Debt: Liquid 2.40 0.01 0.06 0.26 0.83 1.67 3.29 5.09 5.77 6.48 --
Rank within category 5 27 11 9 5 5 7 14 8 3 --
Number of funds in category 38 39 39 39 39 38 38 35 34 33 1

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Liquid Fund - Direct Plan
3 star
Jan-13 3.35 5.17 5.92 0.16 5,866
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.30 5.17 5.89 0.20 41,512
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 5.22 5.93 0.21 32,671
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 5.22 5.93 0.18 24,715
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.29 5.19 5.91 0.22 12,147

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.61 24-Mar-2020 - 31-Mar-2020 -0.18 17-Mar-2020 - 24-Mar-2020
Month 0.96 24-Mar-2020 - 23-Apr-2020 0.14 23-Feb-2020 - 24-Mar-2020
Quarter 2.70 24-Jul-2013 - 23-Oct-2013 0.75 23-Oct-2020 - 22-Jan-2021
Year 9.96 26-Jul-2013 - 27-Jul-2014 3.29 26-May-2020 - 26-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.14 0.52 2.11 6.75 1.10 1.83
CCIL T Bill Liquidity Weight 3.37 0.39 -1.71 -4.34 -- --
Debt: Liquid 4.95 0.66 1.96 6.37 1.05 1.61
Rank within category 14 32 17 11 31 11
Number of funds in category 35 35 35 34 35 35

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

As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 26 35 15 37
Modified Duration (yrs) 0.05 0.11 0.05 0.08
Average Maturity (yrs) 0.05 0.12 0.05 0.08
Yield to Maturity (%) 3.25 3.57 3.01 3.27
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 364-D 16/09/2021 Treasury Bills SOV 0.00 - 10.81 10.81
new Reserve Bank of India 364-D 23/09/2021 Treasury Bills SOV 0.00 - 8.51 8.51
equal Reserve Bank of India 364-D 09/09/2021 Treasury Bills SOV 0.00 - 7.84 7.84
equal Export-Import Bank 86-D 09/09/2021 Certificate of Deposit A1+ 0.00 - 6.81 6.81
new Reserve Bank of India 91-D 09/09/2021 Treasury Bills SOV 0.00 - 5.11 5.11
new Reserve Bank of India 364-D 02/09/2021 Treasury Bills SOV 0.00 - 4.26 4.26
new Indian Oil Corporation 92-D 09/09/2021 Commercial Paper A1+ 0.00 - 3.41 3.41
new Indian Railway Finance Corporation 79-D 22/10/2021 Commercial Paper A1+ 0.00 - 3.39 3.39
new National Bank Agr. Rur. Devp 60-D 25/10/2021 Commercial Paper A1+ 0.00 - 3.39 3.39
new Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 3.39 3.39
equal Reliance Industries 153-D 09/09/2021 Commercial Paper A1+ 0.00 - 3.22 2.56
equal Reserve Bank of India 91-D 16/09/2021 Treasury Bills SOV 0.00 - 1.70 1.70
equal HDFC Securities 91-D 06/09/2021 Commercial Paper A1+ 0.00 - 2.15 1.70
equal Reliance Jio Infocomm 91-D 06/09/2021 Commercial Paper A1+ 0.00 - 2.15 1.70
equal National Bank Agr. Rur. Devp 90-D 02/09/2021 Commercial Paper A1+ 0.00 - 2.15 1.70
new HDFC Securities 91-D 29/11/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
new National Bank Agr. Rur. Devp 90-D 22/11/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
new Reliance Industries 91-D 25/11/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
new 7.17% Power Finance Corporation Corporate Bond Repo -- 0.00 - 1.68 1.68
new 6.40% LIC Housing Fin. Corporate Bond Repo -- 0.00 - 1.65 1.65
equal Motilal Oswal Financial 90-D 14/09/2021 Commercial Paper A1+ 0.00 - 2.03 1.62
equal IIFL Wealth Prime 92-D 15/09/2021 Commercial Paper A1+ 0.00 - 2.03 1.62
equal Birla Group Holdings 91-D 24/09/2021 Commercial Paper A1+ 0.00 - 1.60 1.28
equal Piramal Capital & Housing Finance 90-D 28/09/2021 Commercial Paper A1+ 0.00 - 0.98 0.78
new JM Financial Services 91-D 29/11/2021 Commercial Paper A1+ 0.00 - 0.56 0.56

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-Aug-2021

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:


0.01%

Change from previous, NAV as on 25-Sep-2021

Growth: ₹ 2,408.4101

IDCW Weekly: ₹ 1,218.8758

IDCW 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
Lock-in Period Not Applicable
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: 7.16%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 5,866 Cr (As on 31-Aug-2021)
Expense: 0.16% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily25-Sep-20210.0920

 24-Sep-20210.0707
 23-Sep-20210.0863
 22-Sep-20210.0763
 21-Sep-20210.0845
 20-Sep-20210.0835
 19-Sep-20210.0887
 18-Sep-20210.0887
 17-Sep-20210.0833
 16-Sep-20210.0814
 15-Sep-20210.0886
 14-Sep-20210.0847
 13-Sep-20210.0898
 12-Sep-20210.0882
 11-Sep-20210.0882
 10-Sep-20210.0882
 09-Sep-20210.0838
 08-Sep-20210.0907
 07-Sep-20210.0819
 06-Sep-20210.0923
 05-Sep-20210.0852
 04-Sep-20210.0852
 03-Sep-20210.0746
 02-Sep-20210.0941
 01-Sep-20210.0893
IDCW Weekly20-Sep-20210.7561

 13-Sep-20210.7734
 06-Sep-20210.7560
 30-Aug-20210.7581
 23-Aug-20210.6580
 17-Aug-20210.9309
 09-Aug-20210.8254
 02-Aug-20210.7912
 26-Jul-20210.8306
 19-Jul-20210.8334
 12-Jul-20210.8368
 05-Jul-20210.7933
 28-Jun-20210.8114
 21-Jun-20210.8052
 14-Jun-20210.7815
 07-Jun-20210.7869
 31-May-20210.7826
 24-May-20210.7731
 17-May-20210.7734
 10-May-20210.7685
 03-May-20210.7744
 26-Apr-20210.7706
 19-Apr-20210.7783
 12-Apr-20210.7657
 05-Apr-20210.7175

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: http://www.barodapioneer.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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