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4 star

LIC MF Liquid Fund - Direct Plan download report


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 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
LIC MF Liquid Direct-G 2.57 0.01 0.10 0.41 1.21 2.09 3.86 4.16 5.38 5.98 --
CCIL T Bill Liquidity Weight 1.26 0.01 0.04 0.24 0.72 0.96 1.99 2.58 3.26 3.62 --
Debt: Liquid 2.58 0.02 0.10 0.42 1.22 2.10 3.86 4.05 5.30 5.90 --
Rank within category 24 34 29 31 29 29 22 8 11 9 --
Number of funds in category 37 37 37 37 37 37 37 36 32 31 1

As on 18-Aug-2022

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 3.86 4.16 5.38 0.17 5,293
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.91 4.17 5.42 0.21 32,891
Baroda BNP Paribas Liquid Fund - Direct Plan
5 star
Jan-13 3.95 4.15 5.40 0.19 6,654
Mirae Asset Cash Management Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.89 4.13 5.37 0.17 4,462
Sundaram Liquid Fund - Direct Plan
4 star
Dec-12 3.90 4.11 5.17 0.17 2,539

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.76 20-Oct-2020 - 19-Jan-2021
Year 9.78 26-Jul-2013 - 27-Jul-2014 3.30 29-Oct-2020 - 29-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
LIC MF Liquid Direct-G 4.10 0.32 1.89 8.04 0.75 1.28
CCIL T Bill Liquidity Weight 2.60 0.34 -2.61 -4.87 -- --
Debt: Liquid 3.99 0.29 1.68 6.51 0.63 1.07
Rank within category 6 32 11 10 32 6
Number of funds in category 36 36 36 36 36 36

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

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 34 34 14 51
Modified Duration (yrs) 0.11 0.11 0.03 0.09
Average Maturity (yrs) 0.11 0.11 0.03 0.10
Yield to Maturity (%) 5.65 5.65 3.25 5.62
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
equal Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 9.44 9.44
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 6.58 6.58
new Indian Oil Corporation 51-D 26/08/2022 Commercial Paper A1+ 0.00 - 5.65 5.65
equal National Bank Agr. Rur. Devp 88-D 09/09/2022 Commercial Paper A1+ 0.00 - 5.63 5.63
new Tata Capital Housing Finance 91-D 27/10/2022 Commercial Paper A1+ 0.00 - 4.66 4.66
equal Reserve Bank of India 91-D 04/08/2022 Treasury Bills SOV 0.00 - 3.78 3.78
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.77 3.77
up Canara Bank 17/08/2022 Certificate of Deposit A1+ 0.00 - 3.77 3.77
equal Canara Bank 14/09/2022 Certificate of Deposit A1+ 0.00 - 3.75 3.75
equal Reserve Bank of India 91-D 29/09/2022 Treasury Bills SOV 0.00 - 3.75 3.75
new Reserve Bank of India 91-D 06/10/2022 Treasury Bills SOV 0.00 - 3.74 3.74
new Reliance Retail Ventures 84-D 03/10/2022 Commercial Paper A1+ 0.00 - 3.74 3.74
new Reliance Retail Ventures 91-D 28/10/2022 Commercial Paper A1+ 0.00 - 3.72 3.72
new Cholamandalam Investment & Finance Company 363-D 14/09/2022 Commercial Paper A1+ 0.00 - 3.56 3.56
equal Reserve Bank of India 91-D 22/09/2022 Treasury Bills SOV 0.00 - 3.47 3.47
new Axis Bank 20/09/2022 Certificate of Deposit A1+ 0.00 - 2.81 2.81
equal IDFC First Bank 2022 Certificate of Deposit A1+ 0.00 - 1.89 1.89
equal Axis Bank 25/08/2022 Certificate of Deposit A1+ 0.00 - 1.88 1.88
new Redington India 33-D 30/08/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
equal Reliance Retail Ventures 173-D 12/09/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
equal NTPC 91-D 13/09/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
equal Export-Import Bank 14/09/2022 Certificate of Deposit A1+ 0.00 - 1.88 1.88
new Hindustan Petroleum Corporation 70-D 14/09/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
equal HDFC Securities 91-D 19/09/2022 Commercial Paper A1+ 0.00 - 1.87 1.87
new Reserve Bank of India 91-D 13/10/2022 Treasury Bills SOV 0.00 - 1.87 1.87

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-Jul-2022

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:


0.01%

Change from previous, NAV as on 18-Aug-2022

Growth: ₹ 3,931.2343

IDCW Daily: ₹ 1,013.6000


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

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 1,000
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. 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: LIC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 6.80%
Benchmark: CRISIL Liquid Fund BI Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 5,293 Cr (As on 31-Jul-2022)
Expense Ratio: 0.17% (As on 31-Jul-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily18-Aug-20220.1419

 17-Aug-20220.1802
 16-Aug-20220.1496
 15-Aug-20220.1496
 14-Aug-20220.1496
 13-Aug-20220.1496
 12-Aug-20220.1257
 11-Aug-20220.1608
 10-Aug-20220.1670
 09-Aug-20220.1506
 08-Aug-20220.1227
 07-Aug-20220.1498
 06-Aug-20220.1495
 05-Aug-20220.1067
 04-Aug-20220.1279
 03-Aug-20220.1393
 02-Aug-20220.2098
 01-Aug-20220.2285
 31-Jul-20220.1510
 30-Jul-20220.1511
 29-Jul-20220.1359
 28-Jul-20220.1177
 27-Jul-20220.0481
 26-Jul-20220.0559
 25-Jul-20220.1362

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

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

Phone: 022-66016177 / 022-66016178

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies 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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