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5 star

Edelweiss 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 1.55 0.01 0.06 0.30 0.89 1.70 3.38 5.64 6.09 6.70 --
CCIL T Bill Liquidity Weight 0.86 0.00 0.06 0.17 0.51 0.97 2.13 3.57 3.79 4.22 --
Debt: Liquid 1.47 0.01 0.06 0.29 0.84 1.62 3.29 5.34 5.98 6.70 --
Rank within category 2 37 30 2 2 2 4 5 17 26 --
Number of funds in category 38 39 39 39 38 38 38 35 33 33 1

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Liquid Fund - Direct Plan  | Invest Online
5 star
Jan-13 3.38 5.64 6.09 0.11 1,399
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.33 5.55 6.11 0.20 36,601
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.35 5.60 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 3.30 5.57 6.14 0.22 10,256

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.49 24-Mar-2020 - 31-Mar-2020 -0.15 17-Mar-2020 - 24-Mar-2020
Month 0.95 06-Sep-2013 - 08-Oct-2013 0.19 23-Feb-2020 - 24-Mar-2020
Quarter 2.66 24-Jul-2013 - 23-Oct-2013 0.78 21-Oct-2020 - 20-Jan-2021
Year 9.90 26-Jul-2013 - 27-Jul-2014 3.39 26-May-2020 - 26-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.56 0.51 2.47 4.50 1.07 2.09
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 5 17 4 10 25 4
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 20 20 12 38
Modified Duration (yrs) 0.09 0.11 0.03 0.09
Average Maturity (yrs) 0.09 0.11 0.03 0.09
Yield to Maturity (%) 3.47 3.85 3.04 3.47
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
new Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 10.72 10.72
new Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 8.93 8.93
new Reserve Bank of India 364-D 05/08/2021 Treasury Bills SOV 0.00 - 8.88 8.88
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 7.09 7.09
new LIC Housing Fin. 277-D 14/06/2021 Commercial Paper A1+ 0.00 - 5.35 5.35
equal Reserve Bank of India 364-D 01/07/2021 Treasury Bills SOV 0.00 - 6.56 5.34
equal Reserve Bank of India 91-D 03/06/2021 Treasury Bills SOV 0.00 - 4.59 3.57
equal SIDBI 90-D 10/06/2021 Commercial Paper A1+ 0.00 - 4.59 3.57
down Reserve Bank of India 91-D 11/06/2021 Treasury Bills SOV 0.00 - 6.88 3.57
equal Kotak Securities 91-D 21/06/2021 Commercial Paper A1+ 0.00 - 4.58 3.57
equal The Ramco Cements 90-D 19/07/2021 Commercial Paper A1+ 0.00 - 4.36 3.56
equal Reliance Jio Infocomm 91-D 15/07/2021 Commercial Paper A1+ 0.00 - 4.36 3.56
new Berger Paints India 81-D 09/08/2021 Commercial Paper A1+ 0.00 - 3.55 3.55
new Hindustan Petroleum Corporation 57-D 27/07/2021 Commercial Paper A1+ 0.00 - 3.55 3.55
new Reserve Bank of India 26/08/2021 Treasury Bills SOV 0.00 - 3.54 3.54
new Shriram Transport Finance Company 26/07/2021 Debenture AA+ 0.00 - 2.40 2.40
new 9.10% Shriram Transport Finance Company 2021 Debenture AA+ 0.00 - 2.15 2.15
equal National Bank Agr. Rur. Devp 180-D 21/06/2021 Commercial Paper A1+ 0.00 - 2.19 1.78
new National Bank Agr. Rur. Devp 91-D 12/07/2021 Commercial Paper A1+ 0.00 - 1.78 1.78
new Reserve Bank of India 364-D 19/08/2021 Treasury Bills SOV 0.00 - 1.77 1.77
equal Others CBLO -- - 10.35

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

— Gautam Kaul since 01-Feb-2017

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:

— Rahul Dedhia since 11-Dec-2017

Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.

Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.

Funds Managed:


0.01%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 2,672.5766

IDCW Yearly: ₹ 2,672.5685

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IDCW Weekly: ₹ 2,171.5190

IDCW Monthly: ₹ 1,006.2546

IDCW Fortnightly: ₹ 2,170.8717

IDCW Daily: ₹ 1,002.9603

IDCW: ₹ 2,672.5902

Bonus: ₹ 1,554.8618


Investment Strategy

The Scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
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: Edelweiss Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.16%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,399 Cr (As on 31-May-2021)
Expense: 0.11% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jun-20210.0927

 13-Jun-20210.0938
 12-Jun-20210.0936
 11-Jun-20210.0928
 10-Jun-20210.0763
 09-Jun-20210.1007
 08-Jun-20210.1111
 07-Jun-20210.0869
 06-Jun-20210.0918
 05-Jun-20210.0916
 04-Jun-20210.0958
 03-Jun-20210.0996
 02-Jun-20210.0919
 01-Jun-20210.0961
 31-May-20210.0915
 30-May-20210.1140
 29-May-20210.1137
 28-May-20210.0770
 27-May-20210.1015
 26-May-20210.1011
 25-May-20210.0840
 24-May-20210.0955
 23-May-20210.0961
 22-May-20210.0959
 21-May-20210.1063
IDCW Fortnightly13-Jun-20213.5397

 27-May-20212.9079
 13-May-20213.0571
 27-Apr-20212.9425
 13-Apr-20213.5277
 27-Mar-20213.2588
 13-Mar-20212.5646
 27-Feb-20212.7295
 13-Feb-20213.7497
 27-Jan-20212.7517
 13-Jan-20212.9258
 27-Dec-20202.7311
 13-Dec-20202.7508
 27-Nov-20202.8368
 13-Nov-20203.2692
 27-Oct-20202.6456
 13-Oct-20203.5265
 27-Sep-20203.0018
 13-Sep-20203.2031
 27-Aug-20202.6976
 13-Aug-20203.4013
 27-Jul-20202.4489
 13-Jul-20203.0008
 27-Jun-20202.9477
 13-Jun-20203.6653
IDCW Weekly07-Jun-20211.4496

 31-May-20211.5036
 24-May-20211.3989
 17-May-20211.4727
 10-May-20211.3485
 03-May-20211.3295
 26-Apr-20211.4904
 19-Apr-20211.4616
 12-Apr-20211.3173
 05-Apr-20211.5700
 29-Mar-20211.5618
 22-Mar-20211.7799
 15-Mar-20211.3748
 08-Mar-20211.1953
 01-Mar-20211.2799
 22-Feb-20211.3544
 15-Feb-20211.4989
 08-Feb-20211.5287
 01-Feb-20211.6366
 25-Jan-20211.4528
 18-Jan-20211.2578
 11-Jan-20210.9095
 04-Jan-20211.3705
 28-Dec-20201.4610
 21-Dec-20201.3353
IDCW Monthly24-May-20212.7721

 24-Apr-20213.0258
 24-Mar-20212.5566
 24-Feb-20213.1370
 24-Jan-20212.5728
 24-Dec-20202.5454
 24-Nov-20202.7875
 24-Oct-20202.9534
 24-Sep-20202.8066
 24-Aug-20202.7838
 24-Jul-20202.5259
 24-Jun-20203.0552
 24-May-20204.3287
 24-Apr-20208.0000
 24-Mar-20201.3359
 24-Feb-20203.2322
 24-Jan-20203.1084
 25-Dec-201954.0917
 25-Nov-20184.7009
 25-Oct-20184.5946
 25-Sep-20184.1693
 26-Aug-20184.5785
 25-Jul-20184.4556
 25-Jun-201850.6483
 26-Jun-20170.0411

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.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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Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM