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2 star

Navi 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 3.06 0.01 0.09 0.36 0.95 1.78 3.35 4.61 5.63 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 6 3 1 2 2 2 8 30 28 25 --
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)
Navi Liquid Fund - Direct Plan
2 star
Jan-13 3.35 4.61 5.63 0.15% 85
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 0.38 24-Mar-2020 - 31-Mar-2020 -0.12 17-Mar-2020 - 24-Mar-2020
Month 0.95 06-Sep-2013 - 08-Oct-2013 0.18 23-Feb-2020 - 24-Mar-2020
Quarter 2.64 28-Jul-2013 - 27-Oct-2013 0.71 19-Oct-2020 - 18-Jan-2021
Year 9.99 26-Jul-2013 - 27-Jul-2014 3.08 25-May-2020 - 25-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.60 0.49 1.48 4.98 0.96 1.32
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 30 16 32 34 7 30
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 7 7 1 35
Modified Duration (yrs) 0.12 0.12 0.01 --
Average Maturity (yrs) 0.13 0.13 0.01 --
Yield to Maturity (%) 4.09 4.09 2.95 --
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 182-D 23/12/2021 Treasury Bills SOV 0.00 - 17.66 17.66
equal Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 11.77 11.77
new Reserve Bank of India 91-D 06/01/2022 Treasury Bills SOV 0.00 - 11.75 11.75
new National Bank Agr. Rur. Devp 90-D 12/01/2022 Commercial Paper A1+ 0.00 - 9.39 9.39
equal Northern ARC Capital 91-D 17/12/2021 Commercial Paper A1+ 0.00 - 9.37 9.37
new Birla Group Holdings 91-D 27/01/2022 Commercial Paper A1+ 0.00 - 9.36 9.36
new Time Technoplast 91-D 25/01/2022 Commercial Paper A1+ 0.00 - 4.65 4.65

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

— Saravana Kumar since 21-Apr-2020

Education: Mr. Kumar has an Engineering degree in Electronics & Telecommunications. He is an MBA (Finance) from IIM Bangalore & is a CAIIB.

Experience: Prior to joining Navi Mutual Fund he has worked with LIC Mutual Fund, he had been Head of Investments at Trust Investment Advisors Pvt. Ltd.(Oct'13-April'15), CIO at AIA Life Insurance Co. Ltd.(Oct'09-Sept'13) , Dy. GM at ICICI Bank Ltd.(Mar'03-Sept'09) & Fund Manager at SBI(2001-2003).

Interviews:

Funds Managed:


0.01%

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

Growth: ₹ 2,299.7756

IDCW Weekly: ₹ 1,000.9569

More

IDCW Monthly: ₹ 1,001.2600

IDCW Daily: ₹ 1,001.2900


Investment Strategy

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

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
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: Navi Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.02%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 85 Cr (As on 31-Oct-2021)
Expense: 0.15% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.1121

 25-Nov-20210.1274
 24-Nov-20210.1532
 23-Nov-20210.1372
 22-Nov-20210.0418
 21-Nov-20210.3391
 18-Nov-20210.1219
 17-Nov-20210.1020
 16-Nov-20210.1235
 15-Nov-20210.0987
 14-Nov-20210.2180
 12-Nov-20210.1074
 11-Nov-20210.0986
 10-Nov-20210.1207
 09-Nov-20210.1496
 08-Nov-20210.3175
 07-Nov-20210.4212
 03-Nov-20210.1592
 02-Nov-20210.1138
 01-Nov-20210.0656
 31-Oct-20210.2169
 29-Oct-20210.1141
 28-Oct-20210.0798
 27-Oct-20210.0888
 26-Oct-20210.0303
IDCW Monthly26-Nov-20213.3590

 29-Oct-20213.4805
 24-Sep-20212.5361
 27-Aug-20212.7290
 30-Jul-20213.0758
 25-Jun-20212.3302
 28-May-20212.4472
 30-Apr-20213.1471
 26-Mar-20212.3908
 26-Feb-20212.4506
 29-Jan-20212.8955
 24-Dec-20202.1279
 27-Nov-20202.1889
 29-Oct-20202.8138
 25-Sep-20202.3118
 28-Aug-20202.3131
 31-Jul-20202.9738
 26-Jun-20202.4090
 29-May-20203.2366
 24-Apr-20203.6554
 27-Mar-20202.9762
 28-Feb-20202.7165
 31-Jan-20203.3593
 27-Dec-20192.5655
 29-Nov-20193.2886
IDCW Weekly22-Nov-20210.7268

 15-Nov-20210.7976
 08-Nov-20211.0159
 01-Nov-20210.5908
 25-Oct-20210.6249
 18-Oct-20210.6843
 11-Oct-20210.7807
 04-Oct-20210.7650
 27-Sep-20210.6545
 20-Sep-20210.6680
 13-Sep-20210.6393
 06-Sep-20210.6237
 30-Aug-20210.6692
 23-Aug-20210.6962
 16-Aug-20210.7197
 09-Aug-20210.6349
 02-Aug-20210.6291
 26-Jul-20210.6441
 19-Jul-20210.6129
 12-Jul-20210.6168
 05-Jul-20210.5956
 28-Jun-20210.5432
 21-Jun-20210.5813
 14-Jun-20210.6283
 07-Jun-20210.5676

Contact Information

AMC: Navi AMC Limited

Address: Peerless Mansion, 3rd Floor, 1 Chowringhee Square, Kolkata - 700069

Phone: 033-40185000 / 1800-103-8999

Fax: 033-40185010

Email: [email protected]

Website: http://www.navimutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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