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5 star

IDBI 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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(₹)
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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 2.85 0.01 0.07 0.34 1.21 2.71 5.75 6.79 7.07 7.65 --
CCIL T Bill Liquidity Weight 2.04 0.00 0.04 0.24 0.86 1.94 3.94 4.14 4.32 4.70 --
Debt: Liquid 2.55 0.01 0.06 0.31 1.05 2.42 5.34 6.48 6.83 7.51 --
Rank within category 2 19 3 8 5 2 3 3 7 13 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 09-Jul-2020

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 5.75 6.79 7.07 0.13 1,345
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.69 6.76 7.09 0.21 43,090
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.65 6.76 7.08 0.18 31,728
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.60 6.72 7.05 0.15 27,032
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.66 6.73 7.05 0.21 19,378

Best & Worst Performance

Best (Period) Worst (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) 1.06 (24-Dec-2019 - 24-Mar-2020)
Year 9.82 (24-Jul-2013 - 24-Jul-2014) 5.78 (05-Jul-2019 - 04-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.62 0.27 4.83 6.52 0.50 1.93
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 3 4 3 4 22 6
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 29 15 57
Modified Duration (yrs) 0.06 0.18 0.06 --
Average Maturity (yrs) 0.06 0.18 0.06 --
Yield to Maturity (%) 4.32 6.65 4.32 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new National Housing Bank 89-D 10/06/2020 Commercial Paper A1+ 0.00 - 7.43 7.43
equal Axis Bank 15/06/2020 Certificate of Deposit A1+ 0.00 - 9.05 7.43
equal National Bank Agr. Rur. Devp 313-D 08/06/2020 Commercial Paper A1+ 0.00 - 9.06 7.43
equal The Ramco Cements 61-D 24/06/2020 Commercial Paper A1+ 0.00 - 8.60 7.42
equal Reliance Industries 91-D 17/06/2020 Commercial Paper A1+ 0.00 - 9.04 7.42
new Aditya Birla Fashion and Retail 90-D 25/08/2020 Commercial Paper A1+ 0.00 - 7.32 7.32
equal Tata Power 62-D 22/06/2020 Commercial Paper A1+ 0.00 - 7.74 6.67
equal Bandhan Bank 2020 Certificate of Deposit A1+ 0.00 - 7.70 6.32
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 4.51 3.71
equal Blue Star 83-D 29/06/2020 Commercial Paper A1+ 0.00 - 4.29 3.70
equal Dalmia Cement (Bharat) Ltd 91-D 30/07/2020 Commercial Paper A1+ 0.00 - 4.27 3.68
new Dalmia Cement (Bharat) Ltd 90-D 18/08/2020 Commercial Paper A1+ 0.00 - 3.67 3.67
equal Astec Lifesciences 68-D 15/06/2020 Commercial Paper A1+ 0.00 - 2.15 1.86
equal SBM Bank India 2020 Certificate of Deposit A1+ 0.00 - 2.27 1.86
new Reserve Bank of India 364-D 20/08/2020 Treasury Bills SOV 0.00 - 1.11 1.11
new Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 0.37 0.37

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

— 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 09-Jul-2020

Growth: ₹ 2,159.2512

Dividend Weekly: ₹ 1,004.1405

More

Dividend Monthly: ₹ 1,003.5612

Dividend Daily: ₹ 1,002.3548

Bonus: ₹ 1,617.4010


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
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: 7.73%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 1,345 Cr (As on 31-May-2020)
Expense: 0.13% (As on 31-May-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Jul-20200.1164

 08-Jul-20200.1126
 07-Jul-20200.0994
 06-Jul-20200.0729
 05-Jul-20200.1019
 04-Jul-20200.1022
 03-Jul-20200.0825
 02-Jul-20200.1120
 01-Jul-20200.1143
 30-Jun-20200.1362
 29-Jun-20200.1038
 28-Jun-20200.0967
 27-Jun-20200.0967
 26-Jun-20200.1417
 25-Jun-20200.0969
 24-Jun-20200.0682
 23-Jun-20200.1010
 22-Jun-20200.1031
 21-Jun-20200.1068
 20-Jun-20200.1069
 19-Jun-20200.1375
 18-Jun-20200.1834
 17-Jun-20200.0871
 16-Jun-20200.1123
 15-Jun-20200.1273
Dividend Weekly05-Jul-20200.7533

 28-Jun-20200.7063
 21-Jun-20200.8628
 14-Jun-20200.8789
 07-Jun-20200.7532
 31-May-20200.5699
 25-May-20201.1187
 17-May-20201.1087
 10-May-20201.2498
 03-May-20200.4998
 26-Apr-20201.1461
 19-Apr-20201.1245
 12-Apr-20200.5769
 06-Apr-20201.5372
 29-Mar-20202.3147
 15-Mar-20200.6832
 08-Mar-20200.8442
 01-Mar-20200.7148
 23-Feb-20200.7145
 16-Feb-20200.8066
 09-Feb-20200.7667
 02-Feb-20200.7458
 26-Jan-20200.7523
 19-Jan-20200.6657
 12-Jan-20200.6522
Dividend Monthly25-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
 25-Apr-20194.6739
 25-Mar-20194.0030
 25-Feb-20194.3306
 25-Jan-20194.3928
 26-Dec-20184.5967
 26-Nov-20184.9570
 25-Oct-20184.8808
 25-Sep-20183.8680
 27-Aug-20184.6499
 25-Jul-20184.4410
 25-Jun-20184.6694

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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