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Edelweiss Liquid Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

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 0.23 0.01 0.09 0.43 1.36 2.95 6.69 7.00 7.19 7.78 --
CCIL T Bill Liquidity Weight 0.17 0.01 0.01 0.28 0.83 1.91 4.24 4.15 4.46 4.80 --
Debt: Liquid 0.23 0.01 0.09 0.42 1.30 2.80 6.44 6.68 7.19 7.77 --
Rank within category 22 9 18 20 5 3 5 6 28 27 --
Number of funds in category 39 39 39 39 39 39 38 35 34 33 1

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 0.95 (06-Sep-2013 - 08-Oct-2013) 0.41 (19-Dec-2019 - 18-Jan-2020)
Quarter 2.66 (24-Jul-2013 - 23-Oct-2013) 1.34 (20-Oct-2019 - 19-Jan-2020)
Year 9.90 (26-Jul-2013 - 27-Jul-2014) 6.53 (20-Jun-2016 - 20-Jun-2017)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.81 0.20 5.35 8.85 0.33 1.64
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Liquid 6.52 0.51 4.47 7.34 0.52 1.65
Rank within category 6 16 9 5 16 9
Number of funds in category 35 35 35 33 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 28 74 28 53
Modified Duration (yrs) 0.13 0.16 0.06 0.10
Average Maturity (yrs) 0.13 0.16 0.06 0.10
Yield to Maturity (%) 5.22 7.42 5.22 5.28

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 5.66 5.66
equal Vedanta 90-D 03/02/2020 Commercial Paper A1+ 0.00 - 5.65 5.65
equal Reserve Bank of India 91-D 27/02/2020 Treasury Bills SOV 0.00 - 5.64 5.64
new Aditya Birla Housing Finance 86-D 06/03/2020 Commercial Paper A1+ 0.00 - 5.63 5.63
new Axis Bank 17/03/2020 Certificate of Deposit A1+ 0.00 - 5.62 5.62
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 5.62 5.62
new Kotak Mahindra Bank 24/03/2020 Certificate of Deposit A1+ 0.00 - 5.62 5.62
new Berger Paints India 33-D 29/01/2020 Commercial Paper A1+ 0.00 - 4.53 4.53
new Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 3.98 3.98
equal Muthoot Finance 365-D 30/01/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
new Aditya Birla Capital 32-D 28/01/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
new LIC Housing Fin. 71-D 06/03/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
equal Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 2.82 2.82
equal Tata Motors Finance 91-D 21/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
new ICICI Bank 2020 Certificate of Deposit A1+ 0.00 - 2.82 2.82
new SIDBI 2020 Commercial Paper A1+ 0.00 - 2.82 2.82
equal Reliance Jio Infocomm 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
new Larsen & Toubro 123-D 31/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new Aditya Birla Finance 82-D 11/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new ICICI Securities 90-D 12/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new National Bank Agr. Rur. Devp 91-D 12/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new SBI Cards & Payments Services 211-D 11/03/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new Bank of Baroda 17/03/2020 Certificate of Deposit A1+ 0.00 - 2.81 2.81
down Reserve Bank of India 91-D 09/01/2020 Treasury Bills SOV 0.00 - 2.65 2.27
down Reserve Bank of India 91-D 16/01/2020 Treasury Bills SOV 0.00 - 2.04 1.61

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-Dec-2019

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:


0.02%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 2,528.1132

Dividend Yearly: ₹ 2,528.1049

More

Dividend Weekly: ₹ 2,173.3806

Dividend Monthly: ₹ 1,006.8694

Dividend Fortnightly: ₹ 2,172.5810

Dividend Daily: ₹ 1,002.9603

Dividend: ₹ 2,528.1302

Bonus: ₹ 1,470.8152


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 (₹) --
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: 7.79%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 1,759 Cr (As on 31-Dec-2019)
Expense: 0.10% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily19-Jan-20200.1027

 18-Jan-20200.1028
 17-Jan-20200.1041
 16-Jan-20200.1047
 15-Jan-20200.0948
 14-Jan-20200.0835
 13-Jan-20200.0716
 12-Jan-20200.1017
 11-Jan-20200.1017
 10-Jan-20200.0617
 09-Jan-20200.1002
 08-Jan-20200.0941
 07-Jan-20200.0983
 06-Jan-20200.0929
 05-Jan-20200.0977
 04-Jan-20200.0977
 03-Jan-20200.0871
 02-Jan-20200.1570
 01-Jan-20200.1171
 31-Dec-20190.0937
 30-Dec-20190.0979
 29-Dec-20190.1007
 28-Dec-20190.1005
 27-Dec-20190.1168
 26-Dec-20190.1037
Dividend Fortnightly13-Jan-20203.5849

 27-Dec-20193.1336
 13-Dec-20193.7848
 27-Nov-20193.3975
 13-Nov-20193.9845
 27-Oct-20193.3016
 13-Oct-20194.5701
 27-Sep-20192.9382
 14-Sep-20194.3422
 28-Aug-20193.6673
 14-Aug-20194.7968
 28-Jul-20193.9990
 14-Jul-20194.8564
 28-Jun-20194.0236
 14-Jun-20195.1338
 28-May-20194.4750
 14-May-20194.9114
 28-Apr-20194.2186
 14-Apr-20195.3826
 28-Mar-20195.0317
 14-Mar-20194.2871
 28-Feb-20194.1647
 14-Feb-20195.1155
 28-Jan-20194.2795
 14-Jan-20195.3934
Dividend Weekly13-Jan-20201.3312

 06-Jan-20201.6196
 30-Dec-20191.5481
 23-Dec-20191.5510
 16-Dec-20191.5615
 09-Dec-20191.6878
 02-Dec-20191.7215
 25-Nov-20191.6961
 18-Nov-20191.6891
 11-Nov-20191.5801
 04-Nov-20191.6530
 28-Oct-20191.6725
 21-Oct-20191.6073
 14-Oct-20191.8488
 07-Oct-20191.8732
 30-Sep-20192.1541
 23-Sep-20191.1674
 17-Sep-20191.7295
 10-Sep-20191.8144
 03-Sep-20191.7690
 27-Aug-20191.7935
 20-Aug-20191.8780
 13-Aug-20191.7699
 06-Aug-20192.2248
 30-Jul-20191.9616
Dividend Monthly25-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
 25-May-20170.0383
 25-Apr-20170.0392
 27-Mar-20170.0364
 27-Feb-20170.0400
 26-Jan-20170.1120
 27-Oct-20140.0562
 25-Sep-20140.0578
 25-Aug-20140.0572
 25-Jul-20140.0566
 25-Jun-20140.0558
 26-May-20140.0595
 25-Apr-20140.0654
 25-Mar-20140.0556
 25-Feb-20140.0545
 27-Jan-20140.0622
 26-Dec-20130.0593
 25-Oct-20130.0665

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: www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

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dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM