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2 star

L&T Liquid Fund - Direct Plan download report


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 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
L&T Liquid Direct-G 2.50 0.01 0.10 0.40 1.20 2.09 3.82 4.07 5.33 5.93 --
CCIL T Bill Liquidity Weight 1.28 0.06 0.07 0.30 0.76 1.05 2.05 2.60 3.27 3.64 --
Debt: Liquid 2.49 0.01 0.10 0.41 1.20 2.08 3.82 4.05 5.31 5.90 --
Rank within category 19 30 25 24 26 18 26 20 20 17 --
Number of funds in category 37 37 37 37 37 37 37 36 32 31 1

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Liquid Fund - Direct Plan  | Invest Online
2 star
Jan-13 3.82 4.07 5.33 0.14 7,250
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.87 4.17 5.42 0.21 32,891
Baroda BNP Paribas Liquid Fund - Direct Plan
5 star
Jan-13 3.91 4.15 5.41 0.19 6,654
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.83 4.16 5.39 0.17 5,293
Mirae Asset Cash Management Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.86 4.13 5.37 0.17 4,462

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.63 24-Mar-2020 - 31-Mar-2020 -0.29 17-Mar-2020 - 24-Mar-2020
Month 1.01 24-Mar-2020 - 23-Apr-2020 0.05 23-Feb-2020 - 24-Mar-2020
Quarter 2.69 25-Jul-2013 - 24-Oct-2013 0.74 22-Oct-2020 - 21-Jan-2021
Year 9.86 26-Jul-2013 - 27-Jul-2014 3.21 26-Oct-2020 - 26-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
L&T Liquid Direct-G 4.01 0.31 1.69 6.40 0.69 1.14
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Liquid 3.99 0.29 1.68 6.51 0.63 1.07
Rank within category 21 23 25 21 23 18
Number of funds in category 36 36 36 36 36 36

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 61 61 24 51
Modified Duration (yrs) 0.11 0.12 0.04 0.09
Average Maturity (yrs) 0.11 0.13 0.04 0.10
Yield to Maturity (%) 5.66 5.66 3.18 5.64
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
up Reserve Bank of India 182-D 08/09/2022 Treasury Bills SOV 0.00 - 3.43 3.43
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 3.70 3.43
new Reserve Bank of India 91-D 13/10/2022 Treasury Bills SOV 0.00 - 2.95 2.95
equal Hindustan Petroleum Corporation 63-D 23/08/2022 Commercial Paper A1+ 0.00 - 2.97 2.75
new ICICI Securities Primary Dealership 50-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.75 2.75
new Sikka Ports and Terminals 335-D 21/09/2022 Commercial Paper A1+ 0.00 - 2.74 2.74
up Reserve Bank of India 91-D 15/09/2022 Treasury Bills SOV 0.00 - 2.74 2.74
equal Reserve Bank of India 91-D 08/09/2022 Treasury Bills SOV 0.00 - 2.96 2.74
new Bharat Petroleum Corporation 72-D 29/09/2022 Commercial Paper A1+ 0.00 - 2.73 2.73
equal Reserve Bank of India 91-D 01/09/2022 Treasury Bills SOV 0.00 - 2.74 2.54
equal Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 2.22 2.06
equal Bajaj Finance 91-D 30/08/2022 Commercial Paper A1+ 0.00 - 2.22 2.06
equal Reserve Bank of India 91-D 25/08/2022 Treasury Bills SOV 0.00 - 2.22 2.06
equal Kotak Securities 91-D 26/08/2022 Commercial Paper A1+ 0.00 - 2.22 2.06
new State Bank of India 2022 Certificate of Deposit A1+ 0.00 - 2.05 2.05
new National Bank Agr. Rur. Devp 90-D 18/10/2022 Commercial Paper A1+ 0.00 - 2.04 2.04
equal Reliance Jio Infocomm 178-D 19/09/2022 Commercial Paper A1+ 0.00 - 2.14 1.98
equal 6.98% National Bank Agr. Rur. Devp 19/09/2022 Debenture AAA 0.00 - 1.90 1.76
equal Axis Bank 29/08/2022 Certificate of Deposit A1+ 0.00 - 1.85 1.72
new Indian Oil Corporation 51-D 26/08/2022 Commercial Paper A1+ 0.00 - 1.72 1.72
equal HDFC 91-D 17/08/2022 Commercial Paper A1+ 0.00 - 1.86 1.72
new Punjab National Bank 2022 Certificate of Deposit A1+ 0.00 - 1.71 1.71
new Reserve Bank of India 182-D 22/09/2022 Treasury Bills SOV 0.00 - 1.71 1.71
new Reserve Bank of India 364-D 25/08/2022 Treasury Bills SOV 0.00 - 1.58 1.58
equal Berger Paints India 45-D 08/08/2022 Commercial Paper A1+ 0.00 - 1.63 1.52

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-Jul-2022

Fund Manager

— Mahesh A Chhabria since 25-Nov-2021

Education: Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.

Experience: He comes to L&T AMC from Fidelity where he has been for the last 3 years, was previously associated with Birla Sun Life AMCwith RSM & Co.

Funds Managed:

— Shriram Ramanathan since 01-Jan-2013

Education: Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.

Experience: Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

Funds Managed:


--

Change from previous, NAV as on 15-Aug-2022

Growth: ₹ 2,962.8702

IDCW Weekly: ₹ 1,001.9608

IDCW Daily: ₹ 1,014.8008


Investment Strategy

The fund seeks to generate reasonable returns while maintaining safety and providing the investor superior liquidity, investing predominately in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.

Investment Details

Min. Investment (₹) 10,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1,000
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: L&T Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.78%
Benchmark: NIFTY Liquid Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 7,250 Cr (As on 31-Jul-2022)
Expense Ratio: 0.14% (As on 31-Jul-2022)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily12-Aug-20220.1151

 11-Aug-20220.1662
 10-Aug-20220.1604
 09-Aug-20220.1507
 08-Aug-20220.1388
 07-Aug-20220.3003
 05-Aug-20220.1055
 04-Aug-20220.1318
 03-Aug-20220.1632
 02-Aug-20220.2174
 01-Aug-20220.2240
 31-Jul-20220.3074
 29-Jul-20220.1561
 28-Jul-20220.1225
 27-Jul-20220.0358
 26-Jul-20220.0397
 25-Jul-20220.1322
 24-Jul-20220.2923
 22-Jul-20220.0985
 21-Jul-20220.0811
 20-Jul-20220.0543
 19-Jul-20220.1026
 18-Jul-20220.1354
 17-Jul-20220.2751
 15-Jul-20220.1014
IDCW Weekly08-Aug-20221.0435

 01-Aug-20220.8739
 25-Jul-20220.7512
 18-Jul-20220.9201
 11-Jul-20220.9488
 04-Jul-20221.0671
 27-Jun-20220.9432
 20-Jun-20220.8371
 13-Jun-20220.9098
 06-Jun-20220.8392
 30-May-20220.8805
 23-May-20220.8645
 16-May-20220.8168
 09-May-20220.4048
 02-May-20220.6430
 25-Apr-20220.7319
 18-Apr-20220.7019
 11-Apr-20220.6130
 04-Apr-20220.9035
 28-Mar-20220.6967
 21-Mar-20220.7269
 14-Mar-20220.7109
 07-Mar-20220.6478
 28-Feb-20220.6512
 21-Feb-20220.6927

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Website: http://www.lntmf.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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