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4 star

Nippon India Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

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 2.76 0.01 0.06 0.35 1.22 2.64 5.66 6.76 7.08 7.69 --
CCIL T Bill Liquidity Weight 2.04 0.01 0.05 0.23 0.93 1.94 3.95 4.14 4.33 4.70 --
Debt: Liquid 2.54 0.01 0.06 0.30 1.05 2.42 5.35 6.48 6.83 7.51 --
Rank within category 9 10 9 3 2 9 9 7 6 5 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 08-Jul-2020

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 5.66 6.76 7.08 0.18 31,728
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.70 6.77 7.09 0.21 43,090
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.61 6.72 7.06 0.15 29,605
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.67 6.73 7.05 0.21 19,378
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.67 6.72 7.05 0.11 7,481

Best & Worst Performance

Best (Period) Worst (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) 0.99 (24-Dec-2019 - 24-Mar-2020)
Year 9.93 (26-Jul-2013 - 27-Jul-2014) 5.69 (04-Jul-2019 - 03-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.59 0.28 4.62 6.29 0.51 1.92
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.33 0.50 3.67 4.95 0.58 1.73
Rank within category 6 8 7 7 27 8
Number of funds in category 35 35 35 35 35 35

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 101 129 87 51
Modified Duration (yrs) 0.12 0.15 0.08 --
Average Maturity (yrs) 0.13 0.16 0.09 --
Yield to Maturity (%) 3.89 6.75 3.89 --

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 84-D 20/08/2020 Treasury Bills SOV 0.00 - 17.92 17.92
down Reserve Bank of India 84-D Treasury Bills SOV 0.00 - 5.71 4.44
down Reserve Bank of India 77-D 16/06/2020 Treasury Bills SOV 0.00 - 6.84 3.24
new Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 2.80 2.80
down Bank of Baroda 15/06/2020 Certificate of Deposit A1+ 0.00 - 3.88 2.67
equal ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 3.64 2.52
equal Bank of Baroda 27/06/2020 Certificate of Deposit A1+ 0.00 - 2.96 2.44
new Hindustan Zinc 89-D 10/08/2020 Commercial Paper A1+ 0.00 - 2.34 2.34
equal Axis Bank 15/06/2020 Certificate of Deposit A1+ 0.00 - 3.19 2.20
equal Reliance Jio Infocomm 91-D 15/06/2020 Commercial Paper A1+ 0.00 - 2.73 1.89
equal Reliance Jio Infocomm 91-D 24/07/2020 Commercial Paper A1+ 0.00 - 2.28 1.88
down Bank of Baroda 20/07/2020 Certificate of Deposit A1+ 0.00 - 2.28 1.65
equal Reliance Industries 91-D 01/06/2020 Commercial Paper A1+ 0.00 - 2.28 1.58
equal Tata Steel 71-D 03/06/2020 Commercial Paper A1+ 0.00 - 2.28 1.58
equal National Housing Bank 90-D 29/06/2020 Commercial Paper A1+ 0.00 - 2.27 1.57
equal BPCL 56-D 10/06/2020 Commercial Paper A1+ 0.00 - 1.91 1.57
up Grasim Industries 90-D 22/07/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
new Ultratech Cement 178-D 07/08/2020 Commercial Paper A1+ 0.00 - 1.57 1.57
equal HPCL 83-D 25/06/2020 Commercial Paper A1+ 0.00 - 1.91 1.57
new MRPL 90-D 18/08/2020 Commercial Paper A1+ 0.00 - 1.56 1.56
equal Ashok Leyland 90-D 28/07/2020 Commercial Paper A1+ 0.00 - 1.89 1.56
down Indian Oil Corp. 60-D 12/06/2020 Commercial Paper A1+ 0.00 - 1.91 1.48
equal Indian Oil Corp. 73-D 15/06/2020 Commercial Paper A1+ 0.00 - 1.62 1.34
equal BPCL 90-D 29/06/2020 Commercial Paper A1+ 0.00 - 1.59 1.10
equal National Bank Agr. Rur. Devp 90-D 10/06/2020 Commercial Paper A1+ 0.00 - 1.59 1.10

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-2020

Fund Manager

— Anju Chhajer since 01-Oct-2013

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

Experience: Prior to joining Reliance 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 08-Jul-2020

Growth: ₹ 4,915.9345

Dividend Weekly: ₹ 1,530.9782

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Dividend Quarterly: ₹ 1,005.9991

Dividend Monthly: ₹ 1,589.4530

Dividend 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
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: 7.78%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 31,728 Cr (As on 31-May-2020)
Expense: 0.18% (As on 31-May-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Jul-20200.1371

 06-Jul-20200.1063
 05-Jul-20200.2782
 03-Jul-20200.1032
 02-Jul-20200.1317
 01-Jul-20200.2508
 30-Jun-20200.1998
 29-Jun-20200.1608
 28-Jun-20200.2880
 26-Jun-20200.1414
 25-Jun-20200.2278
 24-Jun-20200.2087
 23-Jun-20200.1750
 22-Jun-20200.1669
 21-Jun-20200.2924
 19-Jun-20200.2324
 18-Jun-20200.2447
 17-Jun-20200.2296
 16-Jun-20200.1818
 15-Jun-20200.2487
 14-Jun-20200.3022
 12-Jun-20200.2674
 11-Jun-20200.2360
 10-Jun-20200.1901
 09-Jun-20200.1435
Dividend Weekly03-Jul-20201.1354

 26-Jun-20201.2135
 19-Jun-20201.4404
 12-Jun-20201.3269
 05-Jun-20200.8440
 29-May-20200.9159
 22-May-20201.7105
 15-May-20201.9714
 08-May-20201.2063
 04-May-20201.3236
 24-Apr-20202.3258
 17-Apr-20201.3040
 13-Apr-20201.9382
 03-Apr-20202.6989
 27-Mar-20202.5718
 13-Mar-20201.0546
 06-Mar-20201.4157
 28-Feb-20200.5217
 24-Feb-20201.5259
 14-Feb-20201.1979
 07-Feb-20201.1170
 31-Jan-20201.0936
 24-Jan-20201.1029
 17-Jan-20201.0109
 10-Jan-20200.9930
Dividend Monthly25-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
 25-Apr-20197.6861
 25-Mar-20196.3807
 25-Feb-20196.8574
 25-Jan-20196.9775
 26-Dec-20187.1545
 26-Nov-20187.8556
 25-Oct-20187.3079
 25-Sep-20186.4478
 27-Aug-20187.4422
 25-Jul-20187.0386
 25-Jun-20187.3405
Dividend Quarterly19-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
 19-Dec-201415.8684
 19-Sep-201417.0496
 19-Jun-201418.4506

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

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