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5 star

IDBI 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 1.51 0.01 0.07 0.29 0.86 1.67 3.49 5.69 6.20 6.85 --
CCIL T Bill Liquidity Weight 0.86 0.02 0.05 0.20 0.51 0.97 2.16 3.59 3.79 4.24 --
Debt: Liquid 1.47 0.01 0.06 0.28 0.84 1.62 3.29 5.35 5.98 6.70 --
Rank within category 4 5 6 3 4 3 2 2 3 5 --
Number of funds in category 38 39 39 39 38 38 38 35 33 33 1

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Liquid Fund - Direct Plan
5 star
Jan-13 3.49 5.69 6.20 0.13 1,063
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.34 5.55 6.11 0.20 36,601
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.37 5.61 6.16 0.21 30,047
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.33 5.60 6.16 0.18 20,049
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.31 5.57 6.14 0.22 10,256

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.54 24-Mar-2020 - 31-Mar-2020 -0.16 17-Mar-2020 - 24-Mar-2020
Month 0.94 24-Mar-2020 - 23-Apr-2020 0.17 23-Feb-2020 - 24-Mar-2020
Quarter 2.67 24-Jul-2013 - 23-Oct-2013 0.78 22-Oct-2020 - 21-Jan-2021
Year 9.82 24-Jul-2013 - 24-Jul-2014 3.49 12-Jun-2020 - 12-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.60 0.50 2.59 4.72 1.07 2.13
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Liquid 5.28 0.67 2.07 4.23 1.06 1.81
Rank within category 2 8 2 3 20 3
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-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 23 23 10 38
Modified Duration (yrs) 0.10 0.18 0.05 0.09
Average Maturity (yrs) 0.10 0.18 0.05 0.09
Yield to Maturity (%) 3.53 3.85 2.84 3.41
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 29/07/2021 Treasury Bills SOV 0.00 - 9.36 9.36
equal Cholamandalam Investment & Finance Company 25/06/2021 Commercial Paper A1+ 0.00 - 7.04 7.04
equal Chennai Petroleum Corporation 91-D 30/06/2021 Commercial Paper A1+ 0.00 - 5.63 5.63
equal Bandhan Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 4.70 4.70
equal National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 4.70 4.70
equal LIC Housing Fin. 164-D 21/06/2021 Commercial Paper A1+ 0.00 - 4.70 4.70
equal KEC International 85-D 29/06/2021 Commercial Paper A1+ 0.00 - 4.69 4.69
equal DCM Shriram 68-D 29/06/2021 Commercial Paper A1+ 0.00 - 4.69 4.69
equal SIDBI 90-D 28/06/2021 Commercial Paper A1+ 0.00 - 4.69 4.69
new Hindustan Petroleum Corporation 81-D 26/07/2021 Commercial Paper A1+ 0.00 - 4.68 4.68
equal LIC Housing Fin. 160-D 20/07/2021 Commercial Paper A1+ 0.00 - 4.68 4.68
new Reserve Bank of India 91-D 05/08/2021 Treasury Bills SOV 0.00 - 4.68 4.68
new Reliance Industries 91-D 27/08/2021 Commercial Paper A1+ 0.00 - 4.67 4.67
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 3.82 3.82
down Reliance Industries Ltd - Partly Paid Equity 86-D 30/06/2021 Commercial Paper A1+ 0.00 - 4.11 3.28
down Reserve Bank of India 91-D 30/06/2021 Treasury Bills SOV 0.00 - 22.26 2.35
equal SBM Bank India 18/06/2021 Certificate of Deposit A1+ 0.00 - 2.35 2.35
equal Bandhan Bank 24/06/2021 Certificate of Deposit A1+ 0.00 - 2.35 2.35
equal SBM Bank India 2021 Certificate of Deposit A1+ 0.00 - 2.35 2.35
new Redington India 44-D 25/06/2021 Commercial Paper A1+ 0.00 - 2.35 2.35
new APL Apollo Tubes 47-D 22/06/2021 Commercial Paper A1+ 0.00 - 2.35 2.35
new Reserve Bank of India 91-D 13/08/2021 Treasury Bills SOV 0.00 - 2.34 2.34
down Reliance Industries 327-D 15/06/2021 Commercial Paper A1+ 0.00 - 1.34 0.47

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-2021

Fund Manager

— Raju Sharma since 03-May-2017

Education: Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB.

Experience: Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.

Funds Managed:


0.01%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 2,228.5269

IDCW Weekly: ₹ 1,003.8321

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IDCW Monthly: ₹ 1,004.0059

IDCW Daily: ₹ 1,002.3548

Bonus: ₹ 1,669.5295


Investment Strategy

The scheme will seek to provide investors with high level of liquidity along with regular income for their investment.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
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: IDBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.25%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,063 Cr (As on 31-May-2021)
Expense: 0.13% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jun-20210.0924

 13-Jun-20210.0927
 12-Jun-20210.0927
 11-Jun-20210.0897
 10-Jun-20210.0945
 09-Jun-20210.0953
 08-Jun-20210.0988
 07-Jun-20210.0918
 06-Jun-20210.0927
 05-Jun-20210.0927
 04-Jun-20210.1020
 03-Jun-20210.1035
 02-Jun-20210.0939
 01-Jun-20210.0878
 31-May-20210.1037
 30-May-20210.0937
 29-May-20210.0935
 28-May-20210.1018
 27-May-20210.1129
 26-May-20210.0975
 25-May-20210.0939
 24-May-20210.0847
 23-May-20210.0935
 22-May-20210.0937
 21-May-20210.0876
IDCW Weekly13-Jun-20210.6578

 06-Jun-20210.6784
 30-May-20210.6790
 23-May-20210.6433
 16-May-20210.6262
 09-May-20210.5646
 02-May-20210.6038
 25-Apr-20210.7055
 18-Apr-20210.6027
 11-Apr-20210.6720
 04-Apr-20210.6091
 29-Mar-20210.8191
 21-Mar-20210.6621
 14-Mar-20210.6472
 07-Mar-20210.5403
 28-Feb-20210.5679
 21-Feb-20210.7544
 14-Feb-20210.6522
 07-Feb-20210.6745
 31-Jan-20210.6725
 24-Jan-20210.5757
 17-Jan-20210.5410
 10-Jan-20210.5453
 03-Jan-20210.6520
 27-Dec-20200.6513
IDCW Monthly25-May-20212.5135

 26-Apr-20213.0972
 25-Mar-20212.4685
 25-Feb-20213.0411
 25-Jan-20212.3016
 28-Dec-20202.7787
 25-Nov-20202.7935
 26-Oct-20203.1607
 25-Sep-20202.8280
 25-Aug-20202.9034
 27-Jul-20203.4051
 25-Jun-20203.3343
 26-May-20204.0425
 27-Apr-20209.5484
 25-Mar-20201.1706
 25-Feb-20203.1605
 27-Jan-20203.2983
 26-Dec-20193.1866
 25-Nov-20193.4514
 25-Oct-20193.7387
 25-Sep-20193.1707
 26-Aug-20193.8898
 25-Jul-20194.2333
 25-Jun-20193.8488
 27-May-20194.4790

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.in

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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