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3 star

DSP Liquidity 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 3.07 0.01 0.07 0.30 0.82 1.68 3.31 4.82 5.72 6.40 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Liquid 3.07 0.01 0.07 0.30 0.82 1.68 3.32 4.82 5.63 6.32 --
Rank within category 22 27 22 23 22 27 21 21 18 17 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Liquidity Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.31 4.82 5.72 0.15% 8,045
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.32 4.90 5.74 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.34 4.94 5.79 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.34 4.93 5.79 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.30 4.91 5.77 0.22% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.51 24-Mar-2020 - 31-Mar-2020 -0.14 17-Mar-2020 - 24-Mar-2020
Month 0.93 08-Aug-2013 - 09-Sep-2013 0.21 23-Feb-2020 - 24-Mar-2020
Quarter 2.64 25-Jul-2013 - 24-Oct-2013 0.74 23-Oct-2020 - 22-Jan-2021
Year 9.75 26-Jul-2013 - 27-Jul-2014 3.25 02-Jul-2020 - 02-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.74 0.49 1.95 9.38 1.05 1.59
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.73 0.47 2.01 11.93 0.99 1.55
Rank within category 21 27 22 27 30 17
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 37 54 34 35
Modified Duration (yrs) 0.06 0.12 0.04 --
Average Maturity (yrs) 0.10 0.15 0.05 --
Yield to Maturity (%) 3.62 3.62 2.89 --
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
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 7.60 7.42
down Reserve Bank of India 182-D 04/11/2021 Treasury Bills SOV 0.00 - 4.84 3.17
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.99 2.92
equal Reliance Retail Ventures 89-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.55 2.49
equal Reliance Industries 91-D 07/12/2021 Commercial Paper A1+ 0.00 - 2.54 2.48
equal Reliance Retail Ventures 91-D 01/12/2021 Commercial Paper A1+ 0.00 - 2.54 2.48
equal Reliance Jio Infocomm 92-D 06/12/2021 Commercial Paper A1+ 0.00 - 2.54 2.48
equal Reliance Jio Infocomm 91-D 10/11/2021 Commercial Paper A1+ 0.00 - 2.54 2.48
equal Reliance Retail Ventures 85-D 30/11/2021 Commercial Paper A1+ 0.00 - 2.54 2.48
new Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 2.47 2.47
new Reliance Industries 91-D 11/01/2022 Commercial Paper A1+ 0.00 - 2.47 2.47
equal ICICI Home Finance Company 90-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.91 1.86
equal Kotak Securities 77-D 10/12/2021 Commercial Paper A1+ 0.00 - 1.90 1.86
equal HDFC Securities 91-D 14/12/2021 Commercial Paper A1+ 0.00 - 1.90 1.85
equal Chennai Petroleum Corporation 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 1.84 1.79
equal Chennai Petroleum Corporation 79-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.59 1.55
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.35 1.31
equal Bajaj Financial Securities 91-D 20/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal Chennai Petroleum Corporation 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal Shree Cement 60-D 23/11/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal Muthoot Finance 90-D 21/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal Dalmia Cement (Bharat) Ltd 90-D 21/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal Julius Baer Capital 91-D 24/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
equal HDFC Securities 91-D 21/12/2021 Commercial Paper A1+ 0.00 - 1.27 1.24
new National Bank Agr. Rur. Devp 89-D 25/01/2022 Commercial Paper A1+ 0.00 - 1.23 1.23

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-Oct-2021

Fund Manager

— Karan Mundra since 01-May-2021

Education: Mr. Mundra is a B. COM. and Charted Accountant (CA)

Experience: He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Funds Managed:

— Kedar Karnik since 18-Jul-2016

Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.

Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..

Funds Managed:


--

Change from previous, NAV as on 05-Dec-2021

Growth: ₹ 3,008.2011

IDCW Weekly: ₹ 1,001.1778

IDCW Daily: ₹ 1,000.9329


Investment Strategy

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
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: DSP Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.00%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,045 Cr (As on 31-Oct-2021)
Expense: 0.15% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-Dec-20210.0934

 01-Dec-20210.0949
 30-Nov-20210.0903
 29-Nov-20210.1021
 28-Nov-20210.0917
 27-Nov-20210.1835
 25-Nov-20210.0899
 24-Nov-20210.1021
 23-Nov-20210.1193
 22-Nov-20210.0965
 21-Nov-20210.0745
 20-Nov-20210.2839
 17-Nov-20210.0976
 16-Nov-20210.0976
 15-Nov-20210.0894
 14-Nov-20210.0951
 13-Nov-20210.1820
 11-Nov-20210.1008
 10-Nov-20210.1034
 09-Nov-20210.1025
 08-Nov-20210.1151
 07-Nov-20210.1758
 06-Nov-20210.4107
 02-Nov-20210.1336
 01-Nov-20210.1036
IDCW Weekly01-Dec-20210.6518

 24-Nov-20210.6763
 17-Nov-20210.6628
 10-Nov-20210.4970
 06-Nov-20211.0206
 27-Oct-20210.4686
 20-Oct-20210.5104
 13-Oct-20210.7623
 06-Oct-20210.7081
 29-Sep-20210.4886
 22-Sep-20210.5807
 15-Sep-20210.6014
 08-Sep-20210.5808
 01-Sep-20210.6260
 25-Aug-20210.6299
 18-Aug-20210.6467
 11-Aug-20210.7057
 04-Aug-20210.6285
 28-Jul-20210.6493
 21-Jul-20210.6523
 14-Jul-20210.6654
 07-Jul-20210.5892
 30-Jun-20210.6910
 23-Jun-20210.7303
 16-Jun-20210.5341

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 022-66178000

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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