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LIC MF Liquid Fund - Direct Plan

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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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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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 2.86 0.01 0.07 0.32 1.12 2.66 5.62 6.70 7.04 7.65 --
CCIL T Bill Liquidity Weight 2.06 0.00 0.04 0.22 0.84 1.94 3.85 4.13 4.32 4.69 --
Debt: Liquid 2.59 0.01 0.06 0.29 1.03 2.40 5.29 6.46 6.81 7.50 --
Rank within category 5 13 8 9 12 5 7 12 9 11 --
Number of funds in category 39 39 39 39 39 39 39 35 34 33 1

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.62 6.70 7.04 0.11 7,502
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.64 6.75 7.08 0.21 36,679
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.60 6.74 7.07 0.19 30,604
Axis Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.55 6.71 7.04 0.15 27,032
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.61 6.71 7.03 0.21 17,858

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.55 (24-Mar-2020 - 31-Mar-2020) -0.16 (17-Mar-2020 - 24-Mar-2020)
Month 0.97 (08-Aug-2013 - 09-Sep-2013) 0.18 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.71 (24-Jul-2013 - 23-Oct-2013) 1.07 (24-Dec-2019 - 24-Mar-2020)
Year 9.78 (26-Jul-2013 - 27-Jul-2014) 5.64 (11-Jul-2019 - 10-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.55 0.28 4.47 6.25 0.50 1.86
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 13 7 9 8 23 13
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 40 67 36 40
Modified Duration (yrs) -- -- -- 0.12
Average Maturity (yrs) 0.14 0.15 0.06 0.10
Yield to Maturity (%) 3.67 6.12 3.67 3.29

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 91-D 03/09/2020 Treasury Bills SOV 0.00 - 6.63 6.63
new Reserve Bank of India 91-D 24/09/2020 Treasury Bills SOV 0.00 - 6.62 6.62
equal L&T Housing Finance 91-D 24/07/2020 Commercial Paper A1+ 0.00 - 5.00 3.99
new NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 3.97 3.97
new National Housing Bank 88-D 11/09/2020 Commercial Paper A1+ 0.00 - 3.97 3.97
new Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 3.78 3.78
equal Birla Group Holdings 91-D 26/08/2020 Commercial Paper A1+ 0.00 - 3.40 3.40
equal HDFC 358-D 10/07/2020 Commercial Paper A1+ 0.00 - 4.18 3.33
new ONGC 35-D 17/07/2020 Commercial Paper A1+ 0.00 - 3.33 3.33
up Reliance Jio Infocomm 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 3.32 3.32
up Aditya Birla Fashion and Retail 90-D 29/07/2020 Commercial Paper A1+ 0.00 - 3.32 3.32
equal Ultratech Cement 91-D 19/08/2020 Commercial Paper A1+ 0.00 - 3.32 3.32
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 3.32 3.32
new Bank of Baroda 20/07/2020 Certificate of Deposit A1+ 0.00 - 2.66 2.66
up National Bank Agr. Rur. Devp 170-D 31/07/2020 Commercial Paper A1+ 0.00 - 2.66 2.66
equal Reliance Industries 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 3.34 2.66
equal IDFC First Bank 14/08/2020 Certificate of Deposit A1+ 0.00 - 2.65 2.65
equal Hero FinCorp 90-D 18/08/2020 Commercial Paper A1+ 0.00 - 2.65 2.65
equal Aditya Birla Finance 91-D 25/08/2020 Commercial Paper A1+ 0.00 - 2.65 2.65
new HDFC 88-D 25/09/2020 Commercial Paper A1+ 0.00 - 2.65 2.65
equal IDFC First Bank 17/08/2020 Certificate of Deposit A1+ 0.00 - 2.65 2.65
equal Tata Motors Finance 84-D 21/08/2020 Commercial Paper A1+ 0.00 - 2.65 2.65
new Reliance Jio Infocomm 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 2.64 2.64
up Tata Power 91-D 21/08/2020 Commercial Paper A1+ 0.00 - 2.32 2.32
up Berger Paints India 90-D 19/08/2020 Commercial Paper A1+ 0.00 - 2.06 2.06

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

Fund Manager

— Rahul Singh since 05-Oct-2015

Education: Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.

Experience: Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

Funds Managed:

Invest Online
0.01%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 3,651.2473

Dividend Daily: ₹ 1,098.0000

Investment Strategy

The fund seeks to generate reasonable return with low risk and high liquidity from a portfolio of debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
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: LIC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.72%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 7,502 Cr (As on 30-Jun-2020)
Expense: 0.11% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily14-Jul-20200.0970

 13-Jul-20200.1026
 12-Jul-20200.1013
 11-Jul-20200.1013
 10-Jul-20200.1055
 09-Jul-20200.1187
 08-Jul-20200.1095
 07-Jul-20200.0971
 06-Jul-20200.0685
 05-Jul-20200.1047
 04-Jul-20200.1047
 03-Jul-20200.0767
 02-Jul-20200.0998
 01-Jul-20200.1795
 30-Jun-20200.1414
 29-Jun-20200.1315
 28-Jun-20200.1058
 27-Jun-20200.1056
 26-Jun-20200.1246
 25-Jun-20200.1461
 24-Jun-20200.1289
 23-Jun-20200.1187
 22-Jun-20200.1211
 21-Jun-20200.1035
 20-Jun-20200.1035

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.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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