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2 star

Union Liquid Fund - Direct Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.80 0.01 0.06 0.31 1.16 2.68 5.60 5.38 6.19 7.03 --
CCIL T Bill Liquidity Weight 2.04 0.01 0.05 0.23 0.93 1.94 3.95 4.14 4.33 4.70 --
Debt: Liquid 2.54 0.01 0.06 0.30 1.05 2.42 5.35 6.48 6.83 7.51 --
Rank within category 6 21 17 18 10 6 13 34 32 30 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 08-Jul-2020

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
2 star
Jan-13 5.60 5.38 6.19 0.09 568
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.70 6.77 7.09 0.21 43,090
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.66 6.76 7.08 0.18 31,728
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.61 6.72 7.06 0.15 29,605
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.67 6.73 7.05 0.21 19,378

Best & Worst Performance

Best (Period) Worst (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) 3.43 (13-Sep-2018 - 13-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.30 1.97 0.00 0.00 1.82 2.23
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.33 0.50 3.67 4.95 0.58 1.73
Rank within category 34 34 34 34 34 2
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-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 16 20 12 51
Modified Duration (yrs) 0.10 0.13 0.05 --
Average Maturity (yrs) 0.11 0.13 0.06 --
Yield to Maturity (%) 3.82 6.78 3.82 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Muthoot Finance 91-D 05/06/2020 Commercial Paper A1+ 0.00 - 9.64 8.80
up Alembic Pharmaceuticals 88-D 05/06/2020 Commercial Paper A1+ 0.00 - 9.65 8.80
up The Ramco Cements 65-D 26/06/2020 Commercial Paper A1+ 0.00 - 9.26 8.78
new Indian Oil Corp. 77-D 25/06/2020 Commercial Paper A1+ 0.00 - 8.78 8.78
new National Bank Agr. Rur. Devp 16/07/2020 Commercial Paper A1+ 0.00 - 8.77 8.77
up Reliance Jio Infocomm 91-D 20/07/2020 Commercial Paper A1+ 0.00 - 9.23 8.76
new LIC Housing Fin. 356-D 20/08/2020 Commercial Paper A1+ 0.00 - 8.73 8.73
up Tata Capital Financial Services 366-D 10/06/2020 Commercial Paper A1+ 0.00 - 4.82 4.40
up Axis Bank 23/06/2020 Certificate of Deposit A1+ 0.00 - 4.64 4.39
new SIDBI 182-D 16/07/2020 Commercial Paper A1+ 0.00 - 4.38 4.38
new Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 4.38 4.38
new Axis Bank 24/07/2020 Certificate of Deposit A1+ 0.00 - 4.38 4.38
new Reliance Industries 86-D 30/07/2020 Commercial Paper A1+ 0.00 - 4.38 4.38
new Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 4.37 4.37
new ICICI Bank 13/08/2020 Certificate of Deposit A1+ 0.00 - 4.37 4.37
up Reserve Bank of India 91-D 04/06/2020 Treasury Bills SOV 0.00 - 1.93 1.76

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-May-2020

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:


0.01%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 1,935.7896

Dividend Weekly: ₹ 1,000.8115

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Dividend Monthly: ₹ 1,001.6875

Dividend Fortnightly: ₹ 1,001.6864

Dividend 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
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: 7.16%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 568 Cr (As on 31-May-2020)
Expense: 0.09% (As on 31-May-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Jul-20200.0852

 06-Jul-20200.0617
 05-Jul-20200.0867
 04-Jul-20200.0868
 03-Jul-20200.0648
 02-Jul-20200.0871
 01-Jul-20200.1164
 30-Jun-20200.0873
 29-Jun-20200.0681
 28-Jun-20200.0860
 27-Jun-20200.0859
 26-Jun-20200.0912
 25-Jun-20200.1419
 24-Jun-20200.1147
 23-Jun-20200.1092
 22-Jun-20200.0982
 21-Jun-20200.0925
 20-Jun-20200.0927
 19-Jun-20200.1431
 18-Jun-20200.1191
 17-Jun-20200.1049
 16-Jun-20200.1318
 15-Jun-20200.1966
 14-Jun-20200.0956
 13-Jun-20200.0957
Dividend Weekly07-Jul-20200.5963

 30-Jun-20200.6738
 23-Jun-20200.7651
 16-Jun-20200.9103
 09-Jun-20200.6284
 02-Jun-20200.4357
 27-May-20201.0947
 19-May-20201.0932
 12-May-20201.1772
 05-May-20200.7891
 28-Apr-20200.8576
 21-Apr-20201.4968
 14-Apr-20200.8463
 08-Apr-20201.0923
 31-Mar-20203.0472
 17-Mar-20200.4393
 10-Mar-20200.8059
 03-Mar-20200.7216
 25-Feb-20200.7122
 18-Feb-20200.7240
 11-Feb-20200.7193
 04-Feb-20200.7216
 28-Jan-20200.7157
 21-Jan-20200.7209
 14-Jan-20200.6422
Dividend Fortnightly26-Jun-20201.7904

 11-Jun-20201.2841
 27-May-20202.1223
 12-May-20201.9536
 28-Apr-20202.3760
 14-Apr-20203.0335
 27-Mar-20202.6433
 12-Mar-20201.5223
 26-Feb-20201.5362
 11-Feb-20201.4526
 28-Jan-20201.7223
 11-Jan-20201.5197
 27-Dec-20191.6293
 11-Dec-20191.5792
 26-Nov-20191.4718
 12-Nov-20191.7086
 26-Oct-20191.5368
 11-Oct-20191.8314
 26-Sep-20191.2994
 12-Sep-20191.8112
 27-Aug-20191.4725
 14-Aug-20192.3672
 26-Jul-20191.8929
 11-Jul-20192.0862
 26-Jun-20191.8425
Dividend Monthly26-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
 26-Jun-20193.7837
 28-May-20194.5595
 26-Apr-20194.4341
 26-Mar-20193.9289
 26-Feb-20190.1460
 28-Aug-20184.6827
 26-Jul-20184.4068
 26-Jun-20184.6235
 26-May-20184.0300
 26-Apr-20184.6157
 27-Mar-20183.9538
 27-Feb-20184.1905
 26-Jan-20183.8794

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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