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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 3.17 0.01 0.07 0.31 0.84 1.74 3.45 5.00 5.82 6.34 --
CCIL T Bill Liquidity Weight 1.85 0.02 0.06 0.18 0.45 1.07 1.97 3.22 3.54 3.99 --
Debt: Liquid 3.04 0.01 0.07 0.30 0.82 1.68 3.30 4.83 5.63 6.33 --
Rank within category 2 23 10 12 7 3 2 4 5 26 --
Number of funds in category 38 39 39 39 39 39 38 35 34 33 1

As on 30-Nov-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 3.45 5.00 5.82 0.13% 1,500
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.30 4.91 5.75 0.20% 35,561
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.32 4.96 5.80 0.21% 29,710
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.32 4.95 5.80 0.18% 20,961
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.28 4.92 5.77 0.22% 8,688

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 3.38 19-Jun-2020 - 19-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.00 0.50 2.28 9.26 1.07 1.78
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 4 22 3 16 24 4
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 21 23 13 35
Modified Duration (yrs) 0.07 0.11 0.07 --
Average Maturity (yrs) 0.07 0.11 0.07 --
Yield to Maturity (%) 3.58 3.85 3.04 --
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 IIFL Wealth Management 2021 Commercial Paper A1+ 0.00 - 9.98 9.98
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 6.67 6.67
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 6.66 6.66
new JM Financial Products 2021 Commercial Paper A1+ 0.00 - 6.66 6.66
new Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 6.63 6.63
new 8.50% REC 20/12/2021 Bonds/NCDs AAA 0.00 - 6.37 6.37
equal Bharti Airtel 45-D 01/11/2021 Commercial Paper A1+ 0.00 - 5.00 5.00
equal Reliance Jio Infocomm 91-D 10/11/2021 Commercial Paper A1+ 0.00 - 5.00 5.00
equal Reliance Industries 91-D 12/11/2021 Commercial Paper A1+ 0.00 - 4.99 4.99
equal Godrej Industries 91-D 15/12/2021 Commercial Paper A1+ 0.00 - 4.98 4.98
new Adani Ports and Special Economic Zone 90-D 30/12/2021 Commercial Paper A1+ 0.00 - 4.97 4.97
new 6.70% Indian Railway Finance Corporation 24/11/2021 Bonds/NCDs AAA 0.00 - 3.34 3.34
new The Ramco Cements 56-D 26/11/2021 Commercial Paper A1+ 0.00 - 3.33 3.33
equal NLC India 90-D 23/11/2021 Commercial Paper A1+ 0.00 - 3.33 3.33
equal Ceat 90-D 22/11/2021 Commercial Paper A1+ 0.00 - 3.33 3.33
equal Reliance Jio Infocomm 92-D 06/12/2021 Commercial Paper A1+ 0.00 - 3.32 3.32
equal Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 3.32 3.32
new Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 3.31 3.31
new HDFC 85-D 14/01/2022 Commercial Paper A1+ 0.00 - 3.31 3.31
equal Berger Paints India 42-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.67 2.67
equal Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 1.67 1.67
equal Others CBLO -- - 21.16

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

— Pranavi Kulkarni since 23-Nov-2021

Education: Ms. Kulkarni is a BE Computer Science, MBA Finance

Experience: Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.

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 30-Nov-2021

Growth: ₹ 2,715.3096

IDCW Yearly: ₹ 2,715.3014

More

IDCW Weekly: ₹ 2,171.5190

IDCW Monthly: ₹ 1,004.7525

IDCW Fortnightly: ₹ 2,171.1393

IDCW Daily: ₹ 1,002.9603

IDCW: ₹ 2,715.3234

Bonus: ₹ 1,579.7232


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: 6.97%
Benchmark: NIFTY Liquid Fund Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,500 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 Daily30-Nov-20210.0980

 29-Nov-20210.0957
 28-Nov-20210.0956
 27-Nov-20210.0955
 26-Nov-20210.0981
 25-Nov-20210.1039
 24-Nov-20210.1228
 23-Nov-20210.1003
 22-Nov-20210.0593
 21-Nov-20210.0978
 20-Nov-20210.0980
 19-Nov-20210.0979
 18-Nov-20210.0914
 17-Nov-20210.1033
 16-Nov-20210.1031
 15-Nov-20210.0973
 14-Nov-20210.0926
 13-Nov-20210.0926
 12-Nov-20210.1199
 11-Nov-20210.1025
 10-Nov-20210.1019
 09-Nov-20210.1165
 08-Nov-20210.1459
 07-Nov-20210.1113
 06-Nov-20210.1113
IDCW Weekly29-Nov-20211.5389

 22-Nov-20211.4020
 15-Nov-20211.5405
 08-Nov-20211.8257
 01-Nov-20211.4015
 25-Oct-20211.1583
 18-Oct-20211.1766
 11-Oct-20211.4944
 04-Oct-20211.3680
 27-Sep-20211.2594
 20-Sep-20211.2650
 13-Sep-20211.3187
 06-Sep-20211.3169
 30-Aug-20211.4593
 23-Aug-20211.4355
 16-Aug-20211.6533
 09-Aug-20211.4612
 02-Aug-20211.3868
 26-Jul-20211.5530
 19-Jul-20211.4572
 12-Jul-20211.5681
 05-Jul-20211.3739
 28-Jun-20211.5621
 21-Jun-20211.4704
 14-Jun-20211.3415
IDCW Fortnightly27-Nov-20212.9540

 13-Nov-20213.9397
 27-Oct-20212.3672
 13-Oct-20213.2218
 27-Sep-20212.5204
 13-Sep-20213.2530
 27-Aug-20212.8961
 13-Aug-20213.6825
 27-Jul-20212.9633
 13-Jul-20213.4291
 27-Jun-20212.9562
 13-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
IDCW Monthly24-Nov-20213.1497

 24-Oct-20212.5867
 24-Sep-20212.7060
 24-Aug-20213.0733
 24-Jul-20212.9644
 24-Jun-20212.9818
 24-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

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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