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LIC MF Liquid Fund - Direct Plan

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Debt: Liquid

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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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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 1.52 0.01 0.06 0.28 0.84 1.65 3.35 5.55 6.13 6.81 --
CCIL T Bill Liquidity Weight 0.86 -0.01 0.03 0.16 0.52 0.95 2.11 3.55 3.79 4.23 --
Debt: Liquid 1.49 0.01 0.06 0.27 0.83 1.62 3.28 5.34 5.97 6.69 --
Rank within category 9 10 7 8 13 8 7 11 8 8 --
Number of funds in category 38 39 39 39 38 38 38 35 33 33 1

As on 17-Jun-2021

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 3.35 5.55 6.13 0.11 7,864
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
 Jan-13 3.32 5.54 6.10 0.20 36,601
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 3.34 5.59 6.15 0.21 30,047
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 3.31 5.59 6.15 0.18 20,049
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 3.29 5.56 6.13 0.22 10,256

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 3.38 11-Jun-2020 - 11-Jun-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.49 0.51 2.36 4.51 1.07 2.02
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Liquid 5.28 0.67 2.07 4.23 1.06 1.81
Rank within category 11 10 9 9 21 13
Number of funds in category 35 35 35 34 35 35

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 22 48 15 38
Modified Duration (yrs) 0.08 0.10 0.06 0.09
Average Maturity (yrs) 0.08 0.14 0.06 0.08
Yield to Maturity (%) 3.42 3.67 2.90 3.45
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 Reserve Bank of India 91-D 08/07/2021 Treasury Bills SOV 0.00 - 13.72 12.67
equal Reserve Bank of India 91-D 24/06/2021 Treasury Bills SOV 0.00 - 7.45 6.35
new Reserve Bank of India 91-D 26/08/2021 Treasury Bills SOV 0.00 - 6.31 6.31
new Indian Oil Corporation 23-D 23/06/2021 Commercial Paper A1+ 0.00 - 5.08 5.08
new National Bank Agr. Rur. Devp 176-D 01/06/2021 Commercial Paper A1+ 0.00 - 4.45 4.45
equal Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 4.13 3.81
up Reliance Retail Ventures 91-D 14/06/2021 Commercial Paper A1+ 0.00 - 3.81 3.81
new L&T Finance 85-D 28/07/2021 Commercial Paper A1+ 0.00 - 3.79 3.79
equal Birla Group Holdings 91-D 22/06/2021 Commercial Paper A1+ 0.00 - 3.71 3.17
new Reliance Jio Infocomm 87-D 04/06/2021 Commercial Paper A1+ 0.00 - 2.54 2.54
equal Reliance Industries Ltd - Partly Paid Equity 86-D 30/06/2021 Commercial Paper A1+ 0.00 - 2.75 2.54
equal National Bank Agr. Rur. Devp 91-D 12/07/2021 Commercial Paper A1+ 0.00 - 2.74 2.53
new Reserve Bank of India 91-D 05/08/2021 Treasury Bills SOV 0.00 - 2.53 2.53
new Reserve Bank of India 91-D 13/08/2021 Treasury Bills SOV 0.00 - 2.53 2.53
new HDFC 89-D 02/08/2021 Commercial Paper A1+ 0.00 - 2.53 2.53
new Reliance Industries 91-D 24/08/2021 Commercial Paper A1+ 0.00 - 2.52 2.52
new National Bank Agr. Rur. Devp 90-D 23/08/2021 Commercial Paper A1+ 0.00 - 2.52 2.52
equal Export-Import Bank 91-D 09/06/2021 Certificate of Deposit A1+ 0.00 - 2.24 1.91
new Hindustan Petroleum Corporation 84-D 29/07/2021 Commercial Paper A1+ 0.00 - 1.90 1.90
equal Reliance Industries 90-D 01/06/2021 Commercial Paper A1+ 0.00 - 1.49 1.27
new Tata Capital Financial Services 364-D 19/07/2021 Commercial Paper A1+ 0.00 - 1.27 1.27
new Chennai Petroleum Corporation 80-D 03/06/2021 Commercial Paper A1+ 0.00 - 0.64 0.64

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-May-2021

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 17-Jun-2021

Growth: ₹ 3,762.9047

IDCW Daily: ₹ 1,012.4514

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 (₹) --
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: 7.22%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 7,864 Cr (As on 31-May-2021)
Expense: 0.11% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily17-Jun-20210.6907

 16-Jun-20210.0979
 15-Jun-20210.0887
 14-Jun-20210.0943
 13-Jun-20210.0947
 12-Jun-20210.0948
 11-Jun-20210.0945
 10-Jun-20210.0889
 09-Jun-20210.0931
 08-Jun-20210.0935
 07-Jun-20210.1008
 06-Jun-20210.0934
 05-Jun-20210.0935
 04-Jun-20210.0912
 03-Jun-20210.0938
 02-Jun-20210.1100
 01-Jun-20210.0933
 31-May-20210.0933
 30-May-20210.0933
 29-May-20210.0936
 28-May-20210.1108
 27-May-20210.0933
 26-May-20210.0932
 25-May-20210.0924
 24-May-20210.0928

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

Last Session

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

Registration Over