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4 star

Union Liquid 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 1.96 0.01 0.06 0.30 0.85 1.68 3.32 4.08 5.20 6.08 --
CCIL T Bill Liquidity Weight 1.18 -0.01 0.05 0.20 0.55 1.09 2.12 3.48 3.73 4.16 --
Debt: Liquid 1.93 0.01 0.06 0.29 0.83 1.65 3.29 5.16 5.87 6.59 --
Rank within category 11 2 7 15 12 10 11 34 33 31 --
Number of funds in category 38 39 39 39 39 38 38 35 34 33 1

As on 03-Aug-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Liquid Fund - Direct Plan
4 star
Jan-13 3.32 4.08 5.20 0.07 1,084
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.30 5.36 5.99 0.20 36,920
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 5.41 6.04 0.21 30,806
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.30 5.41 6.04 0.18 22,557
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.29 5.38 6.02 0.22 9,720

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.65 24-Mar-2020 - 31-Mar-2020 -3.26 13-Sep-2018 - 20-Sep-2018
Month 1.05 24-Mar-2020 - 23-Apr-2020 -2.84 04-Sep-2018 - 04-Oct-2018
Quarter 2.68 24-Jul-2013 - 23-Oct-2013 -1.68 03-Sep-2018 - 03-Dec-2018
Year 9.82 26-Jul-2013 - 27-Jul-2014 3.30 25-Jun-2020 - 25-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.04 1.94 -0.05 -0.03 1.33 0.83
CCIL T Bill Liquidity Weight 3.44 0.39 -1.76 -4.38 -- --
Debt: Liquid 5.06 0.66 1.98 5.00 1.06 1.66
Rank within category 34 34 34 34 34 34
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-Jul-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 21 23 15 37
Modified Duration (yrs) 0.12 0.13 0.05 0.10
Average Maturity (yrs) 0.13 0.14 0.05 0.10
Yield to Maturity (%) 3.45 3.48 2.92 3.43
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
new Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 9.17 9.17
new LIC Housing Fin. 160-D 20/07/2021 Commercial Paper A1+ 0.00 - 4.61 4.61
equal Tata Capital Financial Services 364-D 19/07/2021 Commercial Paper A1+ 0.00 - 4.83 4.61
equal Aditya Birla Finance 90-D 22/07/2021 Commercial Paper A1+ 0.00 - 4.60 4.60
equal Reserve Bank of India 91-D 22/07/2021 Treasury Bills SOV 0.00 - 4.83 4.60
new National Bank Agr. Rur. Devp 199-D 02/08/2021 Commercial Paper A1+ 0.00 - 4.60 4.60
equal Reserve Bank of India 91-D 13/08/2021 Treasury Bills SOV 0.00 - 4.60 4.60
new Can Fin Homes 153-D 05/08/2021 Commercial Paper A1+ 0.00 - 4.60 4.60
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 4.59 4.59
equal Axis Finance 90-D 17/08/2021 Commercial Paper A1+ 0.00 - 4.59 4.59
equal Reliance Industries 91-D 27/08/2021 Commercial Paper A1+ 0.00 - 4.59 4.59
new Reserve Bank of India 91-D 02/09/2021 Treasury Bills SOV 0.00 - 4.59 4.59
new Godrej Agrovet 90-D 02/09/2021 Commercial Paper A1+ 0.00 - 4.59 4.59
equal Muthoot Finance 90-D 18/08/2021 Commercial Paper A1+ 0.00 - 4.59 4.59
new Reserve Bank of India 91-D 09/09/2021 Treasury Bills SOV 0.00 - 4.58 4.58
new The Ramco Cements 90-D 15/09/2021 Commercial Paper A1+ 0.00 - 4.58 4.58
new Reliance Jio Infocomm 91-D 06/09/2021 Commercial Paper A1+ 0.00 - 4.58 4.58
equal National Bank Agr. Rur. Devp 27/07/2021 Certificate of Deposit A1+ 0.00 - 2.41 2.30
new Reserve Bank of India 91-D 16/09/2021 Treasury Bills SOV 0.00 - 2.29 2.29
new Reliance Industries Ltd - Partly Paid Equity 91-D 23/09/2021 Commercial Paper A1+ 0.00 - 2.29 2.29
new Sundaram Finance 181-D 26/08/2021 Commercial Paper A1+ 0.00 - 2.29 2.29

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 30-Jun-2021

Fund Manager

— Devesh Thacker since 01-Jan-2013

Education: Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

Experience: Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Funds Managed:

— Parijat Agrawal since 18-Jun-2021

Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Funds Managed:


0.01%

Change from previous, NAV as on 03-Aug-2021

Growth: ₹ 2,004.7574

IDCW Weekly: ₹ 1,000.7531

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IDCW Monthly: ₹ 1,001.3176

IDCW Fortnightly: ₹ 1,001.3190

IDCW Daily: ₹ 1,000.7927


Investment Strategy

The scheme seeks to provide reasonable returns commensurate with lower risk and high level of liquidity through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
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: Union Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.67%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,084 Cr (As on 30-Jun-2021)
Expense: 0.07% (As on 30-Jun-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-Aug-20210.0842

 01-Aug-20210.0916
 31-Jul-20210.0913
 30-Jul-20210.0887
 29-Jul-20210.0959
 28-Jul-20210.0966
 27-Jul-20210.0927
 26-Jul-20210.0925
 25-Jul-20210.0928
 24-Jul-20210.0926
 23-Jul-20210.1080
 22-Jul-20210.1015
 21-Jul-20210.0933
 20-Jul-20210.0914
 19-Jul-20210.0992
 18-Jul-20210.0921
 17-Jul-20210.0920
 16-Jul-20210.0893
 15-Jul-20210.0847
 14-Jul-20210.1041
 13-Jul-20210.0842
 12-Jul-20210.0962
 11-Jul-20210.0926
 10-Jul-20210.0926
 09-Jul-20210.0763
IDCW Fortnightly27-Jul-20211.3281

 13-Jul-20211.5948
 26-Jun-20211.3790
 11-Jun-20211.4732
 26-May-20211.3567
 11-May-20211.1882
 27-Apr-20211.2685
 13-Apr-20211.6870
 26-Mar-20211.5203
 11-Mar-20211.0582
 26-Feb-20211.4548
 11-Feb-20211.4501
 26-Jan-20211.2055
 12-Jan-20211.0482
 29-Dec-20201.5442
 11-Dec-20201.0941
 26-Nov-20201.3414
 11-Nov-20201.3238
 27-Oct-20201.2772
 13-Oct-20201.6494
 26-Sep-20201.3392
 11-Sep-20201.3360
 26-Aug-20201.4414
 11-Aug-20201.2963
 28-Jul-20201.4956
IDCW Monthly27-Jul-20212.9212

 26-Jun-20212.8515
 26-May-20212.5426
 27-Apr-20212.9477
 26-Mar-20212.5740
 26-Feb-20212.9016
 26-Jan-20212.2512
 29-Dec-20202.6435
 26-Nov-20202.6669
 27-Oct-20202.9284
 26-Sep-20202.6806
 26-Aug-20202.7408
 28-Jul-20202.7854
 26-Jun-20203.0791
 27-May-20204.0804
 28-Apr-20205.4261
 27-Mar-20204.1793
 26-Feb-20202.9900
 28-Jan-20203.2423
 27-Dec-20193.2086
 26-Nov-20193.1797
 26-Oct-20193.3717
 26-Sep-20193.1140
 27-Aug-20193.8417
 26-Jul-20193.9848
IDCW Weekly27-Jul-20210.6739

 20-Jul-20210.6532
 13-Jul-20210.6715
 06-Jul-20210.6267
 29-Jun-20210.6899
 22-Jun-20210.6281
 15-Jun-20210.6351
 08-Jun-20210.6451
 01-Jun-20210.6481
 25-May-20210.6339
 18-May-20210.6289
 11-May-20210.5911
 04-May-20210.5956
 27-Apr-20210.6336
 20-Apr-20210.6365
 13-Apr-20210.5740
 06-Apr-20210.6239
 31-Mar-20210.8214
 23-Mar-20210.7805
 16-Mar-20210.6267
 09-Mar-20210.5088
 02-Mar-20210.6355
 23-Feb-20210.6762
 16-Feb-20210.6633
 09-Feb-20210.6085

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.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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