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4 star

Tata 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 2.83 0.01 0.06 0.32 1.16 2.68 5.65 6.72 7.05 7.68 --
CCIL T Bill Liquidity Weight 2.07 0.03 0.05 0.26 0.89 1.91 3.96 4.16 4.32 4.70 --
Debt: Liquid 2.56 0.01 0.06 0.30 1.05 2.42 5.33 6.47 6.82 7.51 --
Rank within category 4 28 14 13 8 4 8 9 10 6 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.65 6.72 7.05 0.21 17,858
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.68 6.76 7.09 0.21 36,679
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.64 6.76 7.08 0.19 30,604
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.59 6.72 7.05 0.15 27,032
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.66 6.71 7.05 0.11 7,502

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.61 (24-Mar-2020 - 31-Mar-2020) -0.23 (17-Mar-2020 - 24-Mar-2020)
Month 1.01 (24-Mar-2020 - 23-Apr-2020) 0.11 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.73 (24-Jul-2013 - 23-Oct-2013) 0.98 (24-Dec-2019 - 24-Mar-2020)
Year 9.96 (24-Jul-2013 - 24-Jul-2014) 5.63 (11-Jul-2019 - 10-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.56 0.28 4.45 5.97 0.55 1.94
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 9 12 10 11 32 5
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 55 81 53 40
Modified Duration (yrs) 0.12 0.14 0.08 --
Average Maturity (yrs) 0.12 0.14 0.08 --
Yield to Maturity (%) 3.73 6.65 3.73 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 8.78 8.78
new Reserve Bank of India 91-D 24/09/2020 Treasury Bills SOV 0.00 - 8.31 8.31
equal Reserve Bank of India 182-D 20/08/2020 Treasury Bills SOV 0.00 - 6.80 6.80
up Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 4.49 4.49
equal Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 4.18 4.18
up Reserve Bank of India 91-D 07/08/2020 Treasury Bills SOV 0.00 - 3.51 3.51
equal IDFC First Bank 2020 Certificate of Deposit A1+ 0.00 - 2.79 2.79
new Reliance Jio Infocomm 91-D 14/09/2020 Commercial Paper A1+ 0.00 - 2.78 2.78
new National Fertilizers 90-D 17/09/2020 Commercial Paper A1+ 0.00 - 2.61 2.61
equal Reliance Industries 72-D 29/07/2020 Commercial Paper A1+ 0.00 - 2.23 2.23
equal NTPC 91-D 03/08/2020 Commercial Paper A1+ 0.00 - 2.23 2.23
new Tata Steel 89-D 31/08/2020 Commercial Paper A1+ 0.00 - 2.23 2.23
equal Bharti Telecom 91-D 13/08/2020 Commercial Paper A1+ 0.00 - 2.12 2.12
down Reserve Bank of India 91-D 09/07/2020 Treasury Bills SOV 0.00 - 11.38 2.10
up Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 1.93 1.93
equal Bank of Baroda 20/07/2020 Certificate of Deposit A1+ 0.00 - 2.20 1.68
equal HDFC 364-D 05/08/2020 Commercial Paper A1+ 0.00 - 1.67 1.67
equal Tata Motors Finance 91-D 29/07/2020 Commercial Paper A1+ 0.00 - 2.19 1.67
new Union Bank of India 18/09/2020 Certificate of Deposit A1+ 0.00 - 1.53 1.53
new Nabha Power 182-D 28/08/2020 Commercial Paper A1+ 0.00 - 1.53 1.53
equal Indian Oil Corp. 79-D 08/07/2020 Commercial Paper A1+ 0.00 - 1.84 1.40
equal National Bank Agr. Rur. Devp 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 1.84 1.40
equal Bajaj Finance 91-D 14/08/2020 Commercial Paper A1+ 0.00 - 1.39 1.39
equal Bajaj Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 1.39 1.39
new NTPC 91-D 31/08/2020 Commercial Paper A1+ 0.00 - 1.39 1.39

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 30-Jun-2020

*As on 31-May-2020

Fund Manager

— Amit Somani since 16-Oct-2013

Education: Mr.Somani is a B.Com, PGDBM and CFA.

Experience: Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.

Funds Managed:

— Abhishek Sonthalia since 06-Feb-2020

Education: Mr. Sonthalia has done B. Com, Management Programme from NITIE and CFA Charter holder.

Experience: Prior to joining Tata Mutual Fund, he has worked with CRISIL Ltd. and TCS.

Funds Managed:


0.01%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 3,174.0072

Dividend Daily: ₹ 1,001.5187


Investment Strategy

The scheme seeks to generate reasonable returns with high liquidity to the unit holders

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
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: Tata Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.78%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 17,858 Cr (As on 30-Jun-2020)
Expense: 0.21% (As on 31-May-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily12-Jul-20200.0891

 11-Jul-20200.0891
 10-Jul-20200.0697
 09-Jul-20200.1188
 08-Jul-20200.1148
 07-Jul-20200.0773
 06-Jul-20200.0548
 05-Jul-20200.0879
 04-Jul-20200.0881
 03-Jul-20200.0544
 02-Jul-20200.0967
 01-Jul-20200.1332
 30-Jun-20200.1297
 29-Jun-20200.0810
 28-Jun-20200.0901
 27-Jun-20200.0706
 26-Jun-20200.1042
 25-Jun-20200.1346
 24-Jun-20200.1317
 23-Jun-20200.1097
 22-Jun-20200.1170
 21-Jun-20200.0912
 20-Jun-20200.0913
 19-Jun-20200.1575
 18-Jun-20200.1242

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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