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4 star

Nippon India 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 1.48 0.01 0.06 0.29 0.85 1.62 3.33 5.60 6.16 6.84 --
CCIL T Bill Liquidity Weight 0.86 0.00 0.06 0.17 0.51 0.97 2.13 3.57 3.79 4.22 --
Debt: Liquid 1.47 0.01 0.06 0.29 0.84 1.62 3.29 5.34 5.98 6.70 --
Rank within category 15 30 24 16 12 14 12 8 5 6 --
Number of funds in category 38 39 39 39 38 38 38 35 33 33 1

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.33 5.60 6.16 0.18 20,049
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.33 5.55 6.11 0.20 36,601
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.35 5.60 6.16 0.21 30,047
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.30 5.57 6.14 0.22 10,256
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.36 5.56 6.14 0.11 7,864

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.50 24-Mar-2020 - 31-Mar-2020 -0.22 17-Mar-2020 - 24-Mar-2020
Month 0.95 08-Aug-2013 - 09-Sep-2013 0.12 23-Feb-2020 - 24-Mar-2020
Quarter 2.72 24-Jul-2013 - 23-Oct-2013 0.73 23-Oct-2020 - 22-Jan-2021
Year 9.93 26-Jul-2013 - 27-Jul-2014 3.34 26-May-2020 - 26-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.52 0.52 2.36 4.55 1.10 2.07
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Liquid 5.28 0.67 2.07 4.23 1.06 1.81
Rank within category 8 25 8 7 29 6
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-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 63 91 56 38
Modified Duration (yrs) 0.11 0.14 0.07 --
Average Maturity (yrs) 0.12 0.15 0.07 --
Yield to Maturity (%) 3.36 3.89 2.94 --
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
down Reserve Bank of India 91-D 15/07/2021 Treasury Bills SOV 0.00 - 15.30 15.30
new Reserve Bank of India 91-D 13/08/2021 Treasury Bills SOV 0.00 - 6.17 6.17
new Reserve Bank of India 91-D 05/08/2021 Treasury Bills SOV 0.00 - 5.21 5.21
equal Barclays Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 4.98 4.98
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 4.95 4.95
down Reliance Retail Ventures 91-D 14/06/2021 Commercial Paper A1+ 0.00 - 4.36 3.74
new Aditya Birla Finance 90-D 23/08/2021 Commercial Paper A1+ 0.00 - 3.22 3.22
new L&T Finance 51-D 25/06/2021 Commercial Paper A1+ 0.00 - 2.99 2.99
new National Bank Agr. Rur. Devp 199-D 02/08/2021 Commercial Paper A1+ 0.00 - 2.98 2.98
equal Export-Import Bank 91-D 22/06/2021 Certificate of Deposit A1+ 0.00 - 2.49 2.49
equal MRPL 91-D 07/06/2021 Commercial Paper A1+ 0.00 - 2.49 2.49
equal Reliance Industries 85-D 29/06/2021 Commercial Paper A1+ 0.00 - 2.49 2.49
new Reliance Jio Infocomm 91-D 11/08/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
equal Reliance Jio Infocomm 91-D 19/07/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
new Reliance Retail Ventures 91-D 17/08/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
equal National Bank Agr. Rur. Devp 90-D 27/07/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
new Ultratech Cement 90-D 09/08/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
equal IDFC First Bank 16/06/2021 Certificate of Deposit A1+ 0.00 - 1.99 1.99
new ONGC Petro Additions 90-D 23/08/2021 Commercial Paper A1+ 0.00 - 1.98 1.98
new MRPL 90-D 17/08/2021 Commercial Paper A1+ 0.00 - 1.98 1.98
equal Reliance Industries Corporate Bond Repo -- 0.00 - 1.73 1.73
equal MRPL 90-D 10/06/2021 Commercial Paper A1+ 0.00 - 1.50 1.50
new NLC India 90-D 18/08/2021 Commercial Paper A1+ 0.00 - 1.49 1.49
new Hindustan Petroleum Corporation 67-D 12/07/2021 Commercial Paper A1+ 0.00 - 1.49 1.49
new Hindustan Petroleum Corporation 81-D 26/07/2021 Commercial Paper A1+ 0.00 - 1.49 1.49

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-May-2021

*As on 30-Apr-2021

Fund Manager

— Anju Chhajer since 01-Oct-2013

Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

Experience: Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.

Funds Managed:


0.01%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 5,066.4373

IDCW Weekly: ₹ 1,530.8399

More

IDCW Quarterly: ₹ 1,011.9811

IDCW Monthly: ₹ 1,590.1899

IDCW Daily: ₹ 1,528.7400


Investment Strategy

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
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: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.27%
Benchmark: CRISIL Liquid TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 20,049 Cr (As on 31-May-2021)
Expense: 0.18% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jun-20210.1389

 13-Jun-20210.2755
 11-Jun-20210.1291
 10-Jun-20210.1402
 09-Jun-20210.1444
 08-Jun-20210.1530
 07-Jun-20210.1321
 06-Jun-20210.2733
 04-Jun-20210.1493
 03-Jun-20210.1573
 02-Jun-20210.1367
 01-Jun-20210.1250
 31-May-20210.1382
 30-May-20210.2741
 28-May-20210.1491
 27-May-20210.1621
 26-May-20210.1430
 25-May-20210.1274
 24-May-20210.1310
 23-May-20210.2718
 21-May-20210.1388
 20-May-20210.1410
 19-May-20210.1157
 18-May-20210.1454
 17-May-20210.1334
IDCW Weekly11-Jun-20210.9733

 04-Jun-20210.9819
 28-May-20210.9858
 21-May-20210.9506
 14-May-20210.9168
 07-May-20210.8560
 30-Apr-20210.9147
 23-Apr-20210.9884
 16-Apr-20210.9263
 09-Apr-20210.5113
 05-Apr-20211.4919
 26-Mar-20211.2493
 19-Mar-20211.0502
 12-Mar-20210.9218
 05-Mar-20210.7751
 26-Feb-20210.5040
 22-Feb-20211.5276
 12-Feb-20211.0050
 05-Feb-20211.0232
 29-Jan-20210.9721
 22-Jan-20210.8722
 15-Jan-20210.6524
 08-Jan-20210.7107
 01-Jan-20210.6961
 28-Dec-20201.3134
IDCW Monthly25-May-20213.8744

 26-Apr-20214.7210
 25-Mar-20213.9952
 25-Feb-20214.7810
 25-Jan-20213.3941
 28-Dec-20204.0417
 25-Nov-20204.1480
 26-Oct-20204.8826
 25-Sep-20204.1686
 25-Aug-20204.3956
 27-Jul-20204.7848
 25-Jun-20204.9999
 26-May-20206.9648
 27-Apr-202015.7236
 26-Mar-20201.1171
 25-Feb-20204.8285
 27-Jan-20205.0898
 26-Dec-20195.0405
 25-Nov-20195.2383
 25-Oct-20195.9448
 25-Sep-20195.0552
 26-Aug-20196.3774
 25-Jul-20196.6398
 25-Jun-20196.6161
 27-May-20197.4568
IDCW Quarterly19-Mar-20217.5609

 21-Dec-20208.0193
 21-Sep-20208.7838
 19-Jun-202015.6850
 19-Mar-20209.5459
 19-Dec-201910.0713
 19-Sep-201911.9626
 19-Jun-201913.9193
 19-Mar-201912.9370
 19-Dec-201813.8964
 19-Sep-201813.4015
 19-Jun-201813.2931
 19-Mar-201811.9803
 19-Dec-201711.6448
 19-Sep-201712.0853
 19-Jun-201712.0978
 20-Mar-201712.0144
 19-Dec-201612.4265
 19-Sep-201613.2731
 20-Jun-201615.3118
 21-Mar-201613.8991
 21-Dec-201513.8944
 21-Sep-201514.8953
 19-Jun-201516.1028
 19-Mar-201515.3880

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

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

Upcoming Video

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Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM