Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is to build wealth in the long run.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||0.25||0.01||0.06||0.25||0.81||1.86||4.14||4.14||4.47||4.78||--|
|Rank within category||2||5||2||2||2||2||2||2||2||2||--|
|Number of funds in category||39||39||39||39||39||39||38||35||34||33||1|
As on 27-Jan-2020
|Best (Period)||Worst (Period)|
|Week||0.32 (21-Mar-2014 - 28-Mar-2014)||-0.02 (09-Jul-2013 - 16-Jul-2013)|
|Month||0.97 (08-Aug-2013 - 09-Sep-2013)||0.43 (19-Dec-2019 - 18-Jan-2020)|
|Quarter||2.66 (24-Jul-2013 - 23-Oct-2013)||1.39 (25-Oct-2019 - 24-Jan-2020)|
|Year||9.91 (26-Jul-2013 - 27-Jul-2014)||6.76 (27-Nov-2016 - 27-Nov-2017)|
|CCIL T Bill Liquidity Weight||4.08||0.26||-6.21||-10.52||--||--|
|Rank within category||2||4||2||2||7||12|
|Number of funds in category||35||35||35||33||35||35|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||59||76||49||53|
|Modified Duration (yrs)||0.08||0.18||0.04||0.10|
|Average Maturity (yrs)||0.09||0.19||0.05||0.10|
|Yield to Maturity (%)||5.72||7.43||5.56||5.26|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reliance Jio Infocomm 90-D 26/03/2020||Commercial Paper||A1+||0.00 - 4.93||4.93|
|6.35% GOI 21/01/2020||GOI Securities||SOV||0.00 - 4.51||4.51|
|Aditya Birla Finance 75-D 03/03/2020||Commercial Paper||A1+||0.00 - 3.95||3.95|
|REC 274-D 07/02/2020||Commercial Paper||A1+||0.00 - 3.77||3.77|
|Reliance Retail Ltd. 76-D 02/01/2020||Commercial Paper||A1+||0.00 - 2.39||2.39|
|Reliance Jio Infocomm 88-D 31/01/2020||Commercial Paper||A1+||0.00 - 2.38||2.38|
|Reliance Jio Infocomm 91-D 10/02/2020||Commercial Paper||A1+||0.00 - 2.38||2.38|
|Adani Ports and Special Economic Zone 90-D 12/02/2020||Commercial Paper||A1+||0.00 - 2.38||2.38|
|Tata Power 89-D 15/01/2020||Commercial Paper||A1+||0.00 - 2.06||1.99|
|Reliance Retail Ltd. 77-D 24/01/2020||Commercial Paper||A1+||0.00 - 1.99||1.99|
|Reliance Retail Ltd. 91-D 03/02/2020||Commercial Paper||A1+||0.00 - 1.99||1.99|
|Reliance Jio Infocomm 91-D 28/02/2020||Commercial Paper||A1+||0.00 - 1.98||1.98|
|PNB Housing Finance 82-D 24/02/2020||Commercial Paper||A1+||0.00 - 1.97||1.97|
|PNB Housing Finance 86-D 28/02/2020||Commercial Paper||A1+||0.00 - 1.97||1.97|
|Birla Group Holdings 88-D 02/03/2020||Commercial Paper||A1+||0.00 - 1.97||1.97|
|Birla Group Holdings 90-D 04/03/2020||Commercial Paper||A1+||0.00 - 1.97||1.97|
|Reliance Retail Ltd. 90-D 23/01/2020||Commercial Paper||A1+||0.00 - 1.83||1.83|
|BHEL 88-D 10/01/2020||Commercial Paper||A1+||0.00 - 1.59||1.59|
|L&T Housing Finance 364-D 14/01/2020||Commercial Paper||A1+||0.00 - 1.65||1.59|
|Adani Ports and Special Economic Zone 86-D 14/02/2020||Commercial Paper||A1+||0.00 - 1.59||1.59|
|Kotak Securities 78-D 20/02/2020||Commercial Paper||A1+||0.00 - 1.58||1.58|
|Adani Ports and Special Economic Zone 90-D 23/03/2020||Commercial Paper||A1+||0.00 - 1.58||1.58|
|HDFC 363-D 13/02/2020||Commercial Paper||A1+||0.00 - 1.35||1.35|
|Reliance Retail Ltd. 60-D 14/01/2020||Commercial Paper||A1+||0.00 - 1.19||1.19|
|Tata Motors Finance 60-D 17/01/2020||Commercial Paper||A1+||0.00 - 1.19||1.19|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
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.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.
|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.
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||8.01%|
|Assets:||₹ 12,529 Cr (As on 31-Dec-2019)|
|Expense:||0.12% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]
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