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4 star

Nippon India Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 3.42 0.01 0.06 0.26 0.85 2.29 5.04 6.54 6.89 7.53 --
CCIL T Bill Liquidity Weight 2.45 0.02 0.02 0.17 0.56 1.65 3.48 4.01 4.19 4.68 --
Debt: Liquid 3.19 0.01 0.06 0.26 0.82 2.08 4.77 6.23 6.64 7.34 --
Rank within category 9 23 17 19 8 9 10 7 7 5 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 18-Sep-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 5.04 6.54 6.89 0.20 26,900
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 5.03 6.48 6.84 0.20 54,052
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.06 6.55 6.90 0.21 39,810
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.00 6.50 6.87 0.15 28,818
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.08 6.51 6.86 0.22 18,934

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) 0.84 (19-Jun-2020 - 18-Sep-2020)
Year 9.93 (26-Jul-2013 - 27-Jul-2014) 5.02 (19-Sep-2019 - 18-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.41 0.35 3.61 4.50 0.70 2.09
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Liquid 6.12 0.53 2.90 3.83 0.73 1.85
Rank within category 7 10 7 7 27 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-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 69 119 69 42
Modified Duration (yrs) 0.11 0.15 0.09 0.08
Average Maturity (yrs) 0.12 0.16 0.10 0.08
Yield to Maturity (%) 3.31 5.78 3.31 3.24

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 17/09/2020 Treasury Bills SOV 0.00 - 12.07 12.07
equal Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 7.91 7.91
new Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 4.52 4.52
down Reserve Bank of India 91-D 08/10/2020 Treasury Bills SOV 0.00 - 4.33 4.33
up Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 3.87 3.87
new HDFC 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 3.69 3.69
new Hindustan Zinc 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 3.69 3.69
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 3.14 3.14
down Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 4.91 2.96
equal Reliance Industries 91-D 14/09/2020 Commercial Paper A1+ 0.00 - 2.60 2.60
down Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 5.47 2.58
equal Chennai Petroleum Corp. 80-D 18/09/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
new L&T Housing Finance 91-D 17/11/2020 Commercial Paper A1+ 0.00 - 2.21 2.21
down Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 2.24 2.15
equal National Housing Bank 88-D 11/09/2020 Commercial Paper A1+ 0.00 - 1.86 1.86
new Reliance Industries 91-D 05/11/2020 Commercial Paper A1+ 0.00 - 1.85 1.85
equal Grasim Industries 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 1.85 1.85
new Ultratech Cement 90-D 02/11/2020 Commercial Paper A1+ 0.00 - 1.85 1.85
new Reliance Industries 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 1.85 1.85
new Aditya Birla Finance 91-D 19/11/2020 Commercial Paper A1+ 0.00 - 1.84 1.84
equal Reliance Jio Infocomm 90-D 10/09/2020 Commercial Paper A1+ 0.00 - 1.49 1.49
equal Reliance Jio Infocomm 91-D 04/09/2020 Commercial Paper A1+ 0.00 - 1.49 1.49
equal Reliance Jio Infocomm 90-D 22/09/2020 Commercial Paper A1+ 0.00 - 1.48 1.48
new Chennai Petroleum Corp. 62-D 19/10/2020 Commercial Paper A1+ 0.00 - 1.48 1.48
equal MRPL 90-D 08/09/2020 Commercial Paper A1+ 0.00 - 1.30 1.30

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-2020

Fund Manager


0.01%

Change from previous, NAV as on 18-Sep-2020

Growth: ₹ 4,947.3791

Dividend Weekly: ₹ 1,530.3000

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Dividend Quarterly: ₹ 1,012.4107

Dividend Monthly: ₹ 1,590.4017

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: 7.66%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 26,900 Cr (As on 31-Aug-2020)
Expense: 0.20% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily18-Sep-20200.1273

 17-Sep-20200.1537
 16-Sep-20200.1436
 15-Sep-20200.1271
 14-Sep-20200.1474
 13-Sep-20200.2781
 11-Sep-20200.0619
 10-Sep-20200.1338
 09-Sep-20200.0822
 08-Sep-20200.0791
 07-Sep-20200.1226
 06-Sep-20200.2581
 04-Sep-20200.1323
 03-Sep-20200.1309
 02-Sep-20200.1389
 01-Sep-20200.1693
 31-Aug-20200.1511
 30-Aug-20200.2697
 28-Aug-20200.1009
 27-Aug-20200.1430
 26-Aug-20200.1570
 25-Aug-20200.0509
 24-Aug-20200.0945
 23-Aug-20200.2591
 21-Aug-20200.1132
Dividend Weekly18-Sep-20200.9786

 11-Sep-20200.7385
 04-Sep-20200.9933
 28-Aug-20200.8060
 21-Aug-20201.0889
 14-Aug-20201.0561
 07-Aug-20201.0051
 31-Jul-20200.8950
 24-Jul-20200.9451
 17-Jul-20200.9558
 10-Jul-20200.9743
 03-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
Dividend Monthly25-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
 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
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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