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5 star

Franklin India Liquid Fund - Direct Plan


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
Fund 0.14 0.01 0.06 0.25 0.76 1.59 4.28 6.21 6.62 7.27 --
CCIL T Bill Liquidity Weight 0.04 0.00 0.03 0.11 0.49 1.04 2.97 3.79 4.01 4.43 --
Debt: Liquid 0.14 0.01 0.06 0.25 0.76 1.60 4.04 5.89 6.38 7.05 --
Rank within category 13 9 9 15 13 17 6 2 2 2 --
Number of funds in category 38 38 38 38 38 38 38 34 33 33 1

As on 19-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Franklin India Liquid Fund - Direct Plan  | Invest Online Now
5 star
Jan-13 4.28 6.21 6.62 0.10 1,822
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.27 6.09 6.52 0.20 42,177
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.26 6.15 6.58 0.21 33,431
Axis Liquid Fund - Direct Plan
4 star
Jan-13 4.21 6.10 6.55 0.18 25,742
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.23 6.14 6.57 0.18 23,245

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.54 (24-Mar-2020 - 31-Mar-2020) -0.16 (17-Mar-2020 - 24-Mar-2020)
Month 0.97 (08-Aug-2013 - 09-Sep-2013) 0.19 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.66 (24-Jul-2013 - 23-Oct-2013) 0.75 (16-Oct-2020 - 15-Jan-2021)
Year 9.91 (26-Jul-2013 - 27-Jul-2014) 4.30 (16-Jan-2020 - 15-Jan-2021)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.12 0.47 2.86 3.96 0.98 2.31
CCIL T Bill Liquidity Weight 3.78 0.34 -2.89 -5.80 -- --
Debt: Liquid 5.81 0.63 2.41 3.82 0.97 2.00
Rank within category 2 25 4 17 29 1
Number of funds in category 34 34 34 33 34 34

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

As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 20 53 15 35
Modified Duration (yrs) 0.07 0.13 0.05 0.09
Average Maturity (yrs) 0.07 0.14 0.05 0.08
Yield to Maturity (%) 3.03 5.70 2.86 3.08
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
new Reserve Bank of India 182-D 14/01/2021 Treasury Bills SOV 0.00 - 8.22 8.22
new Reserve Bank of India 91-D 25/03/2021 Treasury Bills SOV 0.00 - 8.18 8.18
new 7.64% Chhattisgarh State 2021 State Development Loan SOV 0.00 - 5.49 5.49
equal HDFC 87-D 22/01/2021 Commercial Paper A1+ 0.00 - 4.36 4.11
equal NTPC 91-D 01/02/2021 Commercial Paper A1+ 0.00 - 4.34 4.11
new MRPL 17/02/2021 Commercial Paper A1+ 0.00 - 4.10 4.10
equal ICICI Securities 16/02/2021 Commercial Paper A1+ 0.00 - 4.33 4.10
new Kotak Mahindra Investments 52-D 18/02/2021 Commercial Paper A1+ 0.00 - 4.10 4.10
new National Bank Agr. Rur. Devp 327-D 10/03/2021 Commercial Paper A1+ 0.00 - 4.09 4.09
new Reliance Industries 80-D 18/03/2021 Commercial Paper A1+ 0.00 - 4.09 4.09
new 8.51% Maharashtra State 17/02/2021 State Development Loan SOV 0.00 - 2.76 2.76
new Reserve Bank of India 182-D 07/01/2021 Treasury Bills SOV 0.00 - 2.74 2.74
equal L&T Finance 91-D 20/01/2021 Commercial Paper A1+ 0.00 - 2.91 2.74
new 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 1.92 1.92
new 8.46% Gujarat State 2021 State Development Loan SOV 0.00 - 1.81 1.81
new 7.53% M&M Financial Services 29/01/2021 Non Convertible Debenture AAA 0.00 - 1.38 1.38
new 8.54% Maharashtra State 19/01/2021 State Development Loan SOV 0.00 - 1.38 1.38
new 8.14% Himachal Pradesh State 13/01/2021 State Development Loan SOV 0.00 - 1.37 1.37
new Bajaj Housing Finance 366-D 27/01/2021 Commercial Paper A1+ 0.00 - 1.37 1.37
equal 7.88% LIC Housing Fin. 28/01/2021 Bonds/NCDs AAA 0.00 - 0.29 0.28

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-2020

Fund Manager

— Pallab Roy since 01-Jan-2013

Education: Mr. Roy is a M.Com and MBA (Finance).

Experience: He has been associated with Franklin Templeton Investments since 2001.

Funds Managed:

— Umesh Sharma since 25-Oct-2018

Education: Mr. Sharma is a B.Com (H), CS and CA.

Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.

Funds Managed:


0.01%

Change from previous, NAV as on 19-Jan-2021

Growth: ₹ 3,072.1591

Dividend Weekly: ₹ 1,021.5464

Dividend Daily: ₹ 1,002.2204


Investment Strategy

The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
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: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.54%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,822 Cr (As on 31-Dec-2020)
Expense: 0.10% (As on 30-Nov-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily18-Jan-20210.0680

 17-Jan-20210.1725
 15-Jan-20210.0646
 14-Jan-20210.0748
 13-Jan-20210.1115
 12-Jan-20210.0857
 10-Jan-20210.1672
 08-Jan-20210.0828
 07-Jan-20210.0455
 06-Jan-20210.0558
 05-Jan-20210.0720
 04-Jan-20210.0951
 03-Jan-20210.1504
 01-Jan-20210.0913
 31-Dec-20200.0914
 30-Dec-20200.1131
 29-Dec-20200.0980
 28-Dec-20200.0891
 27-Dec-20200.2465
 24-Dec-20200.0874
 23-Dec-20200.0857
 22-Dec-20200.0849
 21-Dec-20200.0837
 20-Dec-20200.1613
 18-Dec-20200.0869
Dividend Weekly17-Jan-20210.5156

 10-Jan-20210.5293
 03-Jan-20210.6463
 27-Dec-20200.6141
 20-Dec-20200.5531
 13-Dec-20200.5392
 06-Dec-20200.3821
 30-Nov-20200.5851
 22-Nov-20200.5222
 16-Nov-20200.6458
 08-Nov-20200.5812
 01-Nov-20200.5457
 25-Oct-20200.5796
 18-Oct-20200.6104
 11-Oct-20200.5990
 04-Oct-20200.6721
 27-Sep-20200.6115
 20-Sep-20200.6092
 13-Sep-20200.4748
 06-Sep-20200.6170
 30-Aug-20200.5136
 23-Aug-20200.6512
 16-Aug-20200.6235
 09-Aug-20200.5925
 02-Aug-20200.5395

Contact Information

AMC: Franklin Templeton Asset Management India Private Ltd

Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013

Phone: 1800-425-4255 / 60004255

Email: [email protected]

Website: http://www.franklintempletonindia.com

Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.

Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096

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