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3 star

Kotak Liquid - 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 3.00 0.01 0.08 0.32 0.83 1.70 3.28 4.81 5.68 6.37 --
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 --
Debt: Liquid 3.00 0.01 0.08 0.31 0.83 1.69 3.29 4.85 5.64 6.34 --
Rank within category 21 13 10 6 22 18 23 25 25 22 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Liquid - Direct Plan  | Invest Online
3 star
Jan-13 3.28 4.81 5.68 0.20% 28,583
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.29 4.93 5.75 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.97 5.81 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 4.96 5.80 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.27 4.93 5.78 0.22% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.54 24-Mar-2020 - 31-Mar-2020 -0.26 17-Mar-2020 - 24-Mar-2020
Month 0.97 08-Aug-2013 - 09-Sep-2013 0.07 23-Feb-2020 - 24-Mar-2020
Quarter 2.73 24-Jul-2013 - 23-Oct-2013 0.73 22-Oct-2020 - 21-Jan-2021
Year 9.90 26-Jul-2013 - 27-Jul-2014 3.24 26-Oct-2020 - 26-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.80 0.48 1.96 11.79 1.00 1.55
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Liquid 4.84 0.48 2.00 10.24 1.01 1.59
Rank within category 25 9 21 13 10 26
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 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 55 72 52 35
Modified Duration (yrs) 0.08 0.12 0.07 --
Average Maturity (yrs) 0.08 0.13 0.07 --
Yield to Maturity (%) 3.62 3.62 2.93 --
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 16/12/2021 Treasury Bills SOV 0.00 - 8.71 8.71
equal Reserve Bank of India 91-D 19/11/2021 Treasury Bills SOV 0.00 - 6.99 6.99
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 6.79 6.79
new Reserve Bank of India 364-D 02/12/2021 Treasury Bills SOV 0.00 - 4.19 4.19
new National Bank Agr. Rur. Devp 90-D 12/01/2022 Commercial Paper A1+ 0.00 - 4.17 4.17
equal SAIL 91-D 22/11/2021 Commercial Paper A1+ 0.00 - 2.62 2.62
new Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 2.62 2.62
equal Reliance Retail Ventures 91-D 13/12/2021 Commercial Paper A1+ 0.00 - 2.61 2.61
new Reliance Jio Infocomm 91-D 17/01/2022 Commercial Paper A1+ 0.00 - 2.60 2.60
new Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 2.10 2.10
equal MRPL 90-D 13/12/2021 Commercial Paper A1+ 0.00 - 1.74 1.74
new Reliance Industries 91-D 11/01/2022 Commercial Paper A1+ 0.00 - 1.74 1.74
new Tata Steel 60-D 21/12/2021 Commercial Paper A1+ 0.00 - 1.74 1.74
up 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 1.68 1.68
new Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 1.65 1.65
equal Reliance Industries 91-D 12/11/2021 Commercial Paper A1+ 0.00 - 1.57 1.57
equal Reserve Bank of India 182-D 04/11/2021 Treasury Bills SOV 0.00 - 1.40 1.40
equal Reliance Jio Infocomm 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 1.05 1.05
equal NLC India 91-D 06/12/2021 Commercial Paper A1+ 0.00 - 1.05 1.05
equal Birla Group Holdings 91-D 21/12/2021 Commercial Paper A1+ 0.00 - 1.04 1.04
new Adani Ports and Special Economic Zone 90-D 30/12/2021 Commercial Paper A1+ 0.00 - 1.04 1.04
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.00 - 0.95 0.95
equal Sundaram Finance 91-D 30/11/2021 Commercial Paper A1+ 0.00 - 0.78 0.78
equal Tata Capital Financial Services 91-D 25/11/2021 Commercial Paper A1+ 0.00 - 0.70 0.70
new Tata Capital Housing Finance 80-D 30/12/2021 Commercial Paper A1+ 0.00 - 0.70 0.70

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

— Deepak Agrawal since 01-Jan-2013

Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.

Experience: He has been associated with Kotak AMC since 2000.

Funds Managed:


0.01%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 4,250.6670

IDCW Daily: ₹ 1,222.8100


Investment Strategy

The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
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: Kotak Mahindra Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.98%
Benchmark: NIFTY Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 28,583 Cr (As on 31-Oct-2021)
Expense: 0.20% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.1145

 25-Nov-20210.1198
 24-Nov-20210.1579
 23-Nov-20210.1183
 22-Nov-20210.0846
 21-Nov-20210.3542
 18-Nov-20210.1203
 17-Nov-20210.1259
 16-Nov-20210.1153
 15-Nov-20210.1248
 14-Nov-20210.2259
 12-Nov-20210.1478
 11-Nov-20210.1274
 10-Nov-20210.1232
 09-Nov-20210.1557
 08-Nov-20210.2237
 07-Nov-20210.5330
 03-Nov-20210.1665
 02-Nov-20210.1330
 01-Nov-20210.1058
 31-Oct-20210.2260
 29-Oct-20210.0953
 28-Oct-20210.1030
 27-Oct-20210.0955
 26-Oct-20210.0590
IDCW Weekly14-Sep-20210.5821

 07-Sep-20210.6077
 31-Aug-20210.6563
 24-Aug-20210.5697
 18-Aug-20210.8326
 10-Aug-20210.6410
 03-Aug-20210.6401
 27-Jul-20210.6879
 20-Jul-20210.6638
 13-Jul-20210.6547
 06-Jul-20210.6403
 29-Jun-20210.6796
 22-Jun-20210.6250
 15-Jun-20210.6402
 08-Jun-20210.6315
 01-Jun-20210.6655
 25-May-20210.6204
 18-May-20210.6350
 11-May-20210.5555
 04-May-20210.5852
 27-Apr-20210.6631
 20-Apr-20210.6035
 14-Apr-20210.6224
 06-Apr-20210.5641
 31-Mar-20210.8675

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: https://www.kotakmf.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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