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||9||25||13||11||11||14||14||15||15||12||--|
|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||0.93 (25-Jul-2013 - 24-Aug-2013)||0.38 (24-Jun-2013 - 24-Jul-2013)|
|Quarter||2.72 (25-Jul-2013 - 24-Oct-2013)||1.31 (18-Oct-2019 - 17-Jan-2020)|
|Year||9.89 (24-Jul-2013 - 24-Jul-2014)||6.58 (17-Jan-2019 - 17-Jan-2020)|
|Rank within category||17||12||16||14||20||17|
|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||53||88||50||53|
|Modified Duration (yrs)||0.13||0.16||0.07||0.10|
|Average Maturity (yrs)||0.13||0.16||0.07||0.10|
|Yield to Maturity (%)||5.37||7.24||5.28||5.28|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 76-D 17/03/2020||Cash Management Bill||SOV||0.00 - 11.80||11.80|
|Reserve Bank of India 91-D 12/03/2020||Treasury Bills||SOV||0.00 - 6.73||6.73|
|Reserve Bank of India 91-D 19/03/2020||Treasury Bills||SOV||0.00 - 6.73||6.73|
|Reserve Bank of India 91-D 26/03/2020||Treasury Bills||SOV||0.00 - 5.60||5.60|
|Indian Oil Corp. 45-D 27/01/2020||Commercial Paper||A1+||0.00 - 3.39||3.39|
|Reserve Bank of India 91-D 20/02/2020||Treasury Bills||SOV||0.00 - 3.38||3.38|
|TVS Credit Services 91-D 29/01/2020||Commercial Paper||A1+||0.00 - 3.16||3.16|
|Reliance Retail Ltd. 60-D 14/01/2020||Commercial Paper||A1+||0.00 - 2.26||2.26|
|Axis Bank 17/01/2020||Certificate of Deposit||A1+||0.00 - 2.26||2.26|
|Tata Steel Processing And Distribution 60-D 21/01/2020||Commercial Paper||A1+||0.00 - 2.26||2.26|
|National Bank Agr. Rur. Devp 252-D 31/01/2020||Commercial Paper||A1+||0.00 - 2.26||2.26|
|Bajaj Housing Finance 91-D 05/02/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|SAIL 91-D 04/02/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|Birla Group Holdings 61-D 27/01/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|Reliance Jio Infocomm 90-D 12/02/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|Reliance Industries 91-D 17/02/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|Reliance Jio Infocomm 91-D 28/02/2020||Commercial Paper||A1+||0.00 - 2.25||2.25|
|Power Grid Corporation 90-D 26/03/2020||Securitised Debt||A1+||0.00 - 2.24||2.24|
|Redington India 60-D 25/02/2020||Commercial Paper||A1+||0.00 - 2.13||2.13|
|DCB Bank 27/01/2020||Certificate of Deposit||A1+||0.00 - 2.03||2.03|
|AU Small Finance Bank 30/01/2020||Certificate of Deposit||A1+||0.00 - 2.03||2.03|
|HDFC Securities 91-D 18/03/2020||Commercial Paper||A1+||0.00 - 2.02||2.02|
|TVS Credit Services 91-D 25/02/2020||Commercial Paper||A1+||0.00 - 1.91||1.91|
|Muthoot Finance 365-D 20/02/2020||Commercial Paper||A1+||0.00 - 1.80||1.80|
|Godrej Industries 90-D 06/02/2020||Commercial Paper||A1+||0.00 - 1.69||1.69|
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. Srivastava is B.Tech , PGDM (Finance) and CFA.
Experience: Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.
Education: Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
Experience: Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.
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The scheme seeks to provide income and liquidity from a portfolio of debt and money market instruments.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||250|
|Minimum No of Cheques||20|
|Minimum Withdrawal (₹)||1,000|
|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:||Sundaram Mutual Fund|
|Return Since Launch:||7.90%|
|Assets:||₹ 4,413 Cr (As on 31-Dec-2019)|
|Expense:||0.14% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Sundaram Asset Management Company Ltd
Address: Sundaram Towers, 2nd Floor, 46, Whites Road, Royapettah Chennai - 600014
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]