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Franklin India Liquid Fund - Direct Plan

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Debt: Liquid

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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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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 0.52 0.01 0.05 0.24 0.76 1.56 3.98 6.07 6.50 7.17 --
CCIL T Bill Liquidity Weight 0.31 0.01 0.04 0.19 0.48 1.05 2.85 3.72 3.95 4.39 --
Debt: Liquid 0.53 0.01 0.05 0.25 0.77 1.58 3.79 5.75 6.27 6.95 --
Rank within category 23 13 16 30 22 22 10 3 2 2 --
Number of funds in category 38 38 38 38 38 38 38 34 33 33 1

As on 03-Mar-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 3.98 6.07 6.50 0.11 2,004
ICICI Prudential Liquid Fund - Direct Plan  | Invest Now
4 star
 Jan-13 4.03 5.96 6.41 0.20 39,319
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 4.01 6.01 6.47 0.21 31,306
Nippon India Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 3.98 6.00 6.46 0.18 19,338
Tata Liquid Fund - Direct Plan  | Invest Online
4 star
 Jan-13 4.03 5.97 6.43 0.22 12,917

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 21-Oct-2020 - 20-Jan-2021
Year 9.91 26-Jul-2013 - 27-Jul-2014 4.02 27-Feb-2020 - 26-Feb-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.92 0.51 2.60 3.87 1.05 2.29
CCIL T Bill Liquidity Weight 3.68 0.37 -2.46 -5.24 -- --
Debt: Liquid 5.62 0.66 2.22 3.96 1.02 1.96
Rank within category 3 29 5 24 30 2
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 28-Feb-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 17 53 15 36
Modified Duration (yrs) 0.05 0.13 0.05 --
Average Maturity (yrs) 0.05 0.14 0.05 --
Yield to Maturity (%) 3.40 5.70 2.86 --
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 2021 Treasury Bills SOV 0.00 - 7.48 7.48
equal Reserve Bank of India 91-D 25/03/2021 Treasury Bills SOV 0.00 - 8.18 7.45
new L&T Finance 181-D 22/02/2021 Commercial Paper A1+ 0.00 - 4.98 4.98
new Reserve Bank of India 91-D 01/04/2021 Treasury Bills SOV 0.00 - 4.96 4.96
new Infina Finance 7-D 01/02/2021 Commercial Paper A1+ 0.00 - 4.49 4.49
new NLC India 2021 Commercial Paper A1+ 0.00 - 4.49 4.49
equal NTPC 91-D 01/02/2021 Commercial Paper A1+ 0.00 - 4.34 3.74
equal ICICI Securities 16/02/2021 Commercial Paper A1+ 0.00 - 4.33 3.74
equal MRPL 17/02/2021 Commercial Paper A1+ 0.00 - 4.10 3.74
equal Kotak Mahindra Investments 52-D 18/02/2021 Commercial Paper A1+ 0.00 - 4.10 3.74
equal National Bank Agr. Rur. Devp 327-D 10/03/2021 Commercial Paper A1+ 0.00 - 4.09 3.73
equal Reliance Industries 80-D 18/03/2021 Commercial Paper A1+ 0.00 - 4.09 3.73
equal 8.51% Maharashtra State 17/02/2021 State Development Loan SOV 0.00 - 2.76 2.50
new Chennai Petroleum Corp. 18/02/2021 Commercial Paper A1+ 0.00 - 2.49 2.49
new Chennai Petroleum Corp. 90-D 31/03/2021 Commercial Paper A1+ 0.00 - 2.48 2.48
equal 8.46% Gujarat State 2021 State Development Loan SOV 0.00 - 1.81 1.64
new 8.60% LIC Housing Fin. 26/02/2021 Bonds/Debentures AAA 0.00 - 0.50 0.50

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-Jan-2021

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:

Invest Online Now
0.01%

Change from previous, NAV as on 03-Mar-2021

Growth: ₹ 3,083.7529

Dividend Weekly: ₹ 1,021.6131

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 (₹) --
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: Franklin Templeton Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.48%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 2,004 Cr (As on 31-Jan-2021)
Expense: 0.11% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily02-Mar-20210.0770

 01-Mar-20210.0692
 26-Feb-20210.0219
 25-Feb-20210.1162
 24-Feb-20210.1221
 23-Feb-20210.0852
 22-Feb-20210.0555
 21-Feb-20210.2199
 18-Feb-20210.1050
 17-Feb-20210.1343
 16-Feb-20210.0971
 15-Feb-20210.0972
 14-Feb-20210.1730
 12-Feb-20210.0997
 11-Feb-20210.0903
 10-Feb-20210.0967
 09-Feb-20210.0825
 08-Feb-20210.0819
 07-Feb-20210.1726
 05-Feb-20210.0944
 04-Feb-20210.0906
 03-Feb-20210.0817
 02-Feb-20210.0949
 01-Feb-20210.0940
 31-Jan-20210.1792
Dividend Weekly21-Feb-20210.6663

 14-Feb-20210.6366
 07-Feb-20210.6411
 31-Jan-20210.6455
 24-Jan-20210.6025
 17-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

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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