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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 3.15 0.01 0.07 0.31 0.84 1.72 3.41 5.01 5.84 6.48 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Liquid 3.07 0.01 0.07 0.30 0.82 1.68 3.32 4.82 5.63 6.32 --
Rank within category 3 20 15 6 5 4 3 2 2 5 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 03-Dec-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 3.41 5.01 5.84 0.13% 1,006
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.32 4.90 5.74 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.34 4.94 5.79 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.34 4.93 5.79 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.30 4.91 5.77 0.22% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.54 24-Mar-2020 - 31-Mar-2020 -0.16 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 3.35 26-Oct-2020 - 26-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.91 0.48 2.36 13.65 1.04 1.76
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.73 0.47 2.01 11.93 0.99 1.55
Rank within category 2 18 2 12 24 3
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 23 9 35
Modified Duration (yrs) 0.11 0.18 0.03 --
Average Maturity (yrs) 0.11 0.18 0.03 --
Yield to Maturity (%) 3.77 3.77 2.84 --
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 NTPC 91-D 14/12/2021 Commercial Paper A1+ 0.00 - 9.90 9.90
equal Tata Capital Financial Services 181-D 13/12/2021 Commercial Paper A1+ 0.00 - 9.89 9.89
equal Axis Finance 234-D 10/12/2021 Commercial Paper A1+ 0.00 - 9.89 9.89
down Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 11.50 9.89
equal 7.03% LIC Housing Fin. 28/12/2021 Non Convertible Debenture AAA 0.00 - 7.49 7.49
new Bharat Oman Refineries 87-D 30/12/2021 Commercial Paper A1+ 0.00 - 6.62 6.62
new SRF 74-D 27/12/2021 Commercial Paper A1+ 0.00 - 4.94 4.94
equal Indusind Bank 22/12/2021 Certificate of Deposit A1+ 0.00 - 4.94 4.94
equal DCM Shriram 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.94 4.94
new Bajaj Finance 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 4.27 4.27
equal Reserve Bank of India 91-D 09/12/2021 Treasury Bills SOV 0.00 - 2.90 2.90
equal SBM Bank India 15/11/2021 Certificate of Deposit A1+ 0.00 - 2.48 2.48
equal LIC Housing Fin. 337-D 30/11/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
down SIDBI 90-D 28/12/2021 Commercial Paper A1+ 0.00 - 4.60 2.47
new National Bank Agr. Rur. Devp 89-D 25/01/2022 Commercial Paper A1+ 0.00 - 2.46 2.46

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

— 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:


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Change from previous, NAV as on 05-Dec-2021

Growth: ₹ 2,264.9308

IDCW Weekly: ₹ 1,003.7401

More

IDCW Monthly: ₹ 1,003.0180

IDCW Daily: ₹ 1,002.3548

Bonus: ₹ 1,696.9274


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: 7.05%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,006 Cr (As on 31-Oct-2021)
Expense: 0.13% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0960

 02-Dec-20210.1008
 01-Dec-20210.0849
 30-Nov-20210.1000
 29-Nov-20210.1012
 28-Nov-20210.0916
 27-Nov-20210.0916
 26-Nov-20210.0855
 25-Nov-20210.1168
 24-Nov-20210.1282
 23-Nov-20210.0886
 22-Nov-20210.0683
 21-Nov-20210.0942
 20-Nov-20210.0942
 19-Nov-20210.0942
 18-Nov-20210.0883
 17-Nov-20210.0919
 16-Nov-20210.0844
 15-Nov-20210.0896
 14-Nov-20210.0932
 13-Nov-20210.0934
 12-Nov-20210.1260
 11-Nov-20210.1356
 10-Nov-20210.0989
 09-Nov-20210.1592
IDCW Weekly28-Nov-20210.6721

 21-Nov-20210.6382
 14-Nov-20210.9145
 07-Nov-20210.7060
 31-Oct-20210.4599
 24-Oct-20210.4975
 17-Oct-20210.7193
 10-Oct-20210.7681
 03-Oct-20210.5823
 26-Sep-20210.5638
 19-Sep-20210.6123
 12-Sep-20210.5899
 05-Sep-20210.6008
 29-Aug-20210.6279
 22-Aug-20210.5540
 16-Aug-20210.8072
 08-Aug-20210.6286
 01-Aug-20210.6570
 25-Jul-20210.6922
 18-Jul-20210.6706
 11-Jul-20210.6477
 04-Jul-20210.7065
 27-Jun-20210.7470
 20-Jun-20210.6210
 13-Jun-20210.6578
IDCW Monthly25-Nov-20213.1821

 25-Oct-20212.4485
 27-Sep-20212.7900
 25-Aug-20212.8317
 26-Jul-20212.9972
 25-Jun-20213.0164
 25-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

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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