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4 star

LIC MF Liquid Fund - Direct Plan


Debt: Liquid

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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(₹)
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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 0.14 0.01 0.07 0.31 0.87 1.73 3.43 4.76 5.70 6.37 --
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 --
Debt: Liquid 0.14 0.01 0.07 0.31 0.87 1.71 3.38 4.65 5.56 6.24 --
Rank within category 25 8 23 20 24 17 11 10 11 8 --
Number of funds in category 38 38 38 38 38 38 37 35 33 32 1

As on 14-Jan-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 3.43 4.76 5.70 0.11% 7,381
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.39 4.74 5.68 0.20% 32,834
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.43 4.79 5.73 0.21% 28,408
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.42 4.78 5.72 0.18% 23,456
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.40 4.76 5.70 0.22% 11,425

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
Fund 4.71 0.46 2.12 13.06 1.02 1.60
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Liquid 4.61 0.45 1.94 11.37 0.96 1.45
Rank within category 10 22 7 12 24 11
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-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 26 15 32
Modified Duration (yrs) 0.05 0.09 0.03 0.08
Average Maturity (yrs) 0.05 0.09 0.03 0.08
Yield to Maturity (%) 3.59 3.62 3.25 3.48
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 National Bank Agr. Rur. Devp 90-D 12/01/2022 Commercial Paper A1+ 0.00 - 7.52 6.77
equal Reliance Jio Infocomm 91-D 17/01/2022 Commercial Paper A1+ 0.00 - 7.51 6.76
equal Reserve Bank of India 182-D 2072 Treasury Bills SOV 0.00 - 4.46 4.06
new Reserve Bank of India 91-D 31/03/2022 Treasury Bills SOV 0.00 - 3.36 3.36
new Reserve Bank of India 91-D 24/03/2022 Treasury Bills SOV 0.00 - 3.36 3.36
equal Kotak Securities 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 3.00 2.71
new National Bank Agr. Rur. Devp 18/02/2022 Commercial Paper A1+ 0.00 - 2.70 2.70
equal Aditya Birla Finance 91-D 24/02/2022 Commercial Paper A1+ 0.00 - 2.96 2.69
equal Birla Group Holdings 91-D 28/02/2022 Commercial Paper A1+ 0.00 - 2.88 2.62
down Bajaj Finance 91-D 28/02/2022 Commercial Paper A1+ 0.00 - 2.96 2.36
new Birla Group Holdings 109-D 14/03/2022 Commercial Paper A1+ 0.00 - 1.68 1.68
equal Reliance Industries 91-D 24/02/2022 Commercial Paper A1+ 0.00 - 1.48 1.35
equal TVS Credit Services 91-D 20/01/2022 Commercial Paper A1+ 0.00 - 1.50 1.35
equal Bajaj Housing Finance 184-D 28/01/2022 Commercial Paper A1+ 0.00 - 1.11 1.01
new National Bank Agr. Rur. Devp 2022 Commercial Paper A1+ 0.00 - 0.67 0.67
new Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 0.34 0.34
new National Bank Agr. Rur. Devp 27/01/2022 Certificate of Deposit A1+ 0.00 - 0.34 0.34

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-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:


--

Change from previous, NAV as on 16-Jan-2022

Growth: ₹ 3,838.5496

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: 6.98%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 7,381 Cr (As on 31-Dec-2021)
Expense: 0.11% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jan-20220.0949

 13-Jan-20220.0969
 12-Jan-20220.1186
 11-Jan-20220.0973
 10-Jan-20220.0906
 09-Jan-20220.0939
 08-Jan-20220.0937
 07-Jan-20220.0890
 06-Jan-20220.0861
 05-Jan-20220.1147
 04-Jan-20220.1029
 03-Jan-20220.1103
 02-Jan-20220.0962
 01-Jan-20220.0963
 31-Dec-20210.1106
 30-Dec-20210.0974
 29-Dec-20210.1147
 28-Dec-20210.0965
 27-Dec-20210.1079
 26-Dec-20210.0977
 25-Dec-20210.0977
 24-Dec-20210.1162
 23-Dec-20210.1033
 22-Dec-20210.1004
 21-Dec-20210.0792

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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