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3 star

Kotak Liquid - Regular 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 1.79 0.01 0.07 0.27 0.80 1.60 3.16 5.19 5.87 6.58 7.41
CCIL T Bill Liquidity Weight 1.13 -0.01 0.04 0.19 0.55 1.05 2.12 3.49 3.73 4.17 4.59
Debt: Liquid 1.78 0.01 0.06 0.26 0.78 1.58 3.13 5.02 5.75 6.46 7.30
Rank within category 27 12 22 21 23 26 25 24 23 21 18
Number of funds in category 41 42 42 42 42 41 41 37 35 34 32

As on 27-Jul-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Liquid - Regular Plan  | Invest Online
3 star
Nov-03 3.16 5.19 5.87 0.32 29,526
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.18 5.29 5.93 0.32 36,920
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.19 5.34 5.96 0.33 30,806
Axis Liquid Fund
4 star
Oct-09 3.21 5.32 5.97 0.25 24,177
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.16 5.33 5.96 0.32 22,557

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.54 24-Mar-2020 - 31-Mar-2020 -0.26 17-Mar-2020 - 24-Mar-2020
Month 0.96 08-Aug-2013 - 09-Sep-2013 0.07 23-Feb-2020 - 24-Mar-2020
Quarter 2.72 24-Jul-2013 - 23-Oct-2013 0.71 22-Oct-2020 - 21-Jan-2021
Year 9.88 12-Aug-2011 - 13-Aug-2012 3.15 10-Jul-2020 - 10-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.18 0.50 1.92 3.81 1.03 1.74
CCIL T Bill Liquidity Weight 3.46 0.39 -1.92 -4.74 -- --
Debt: Liquid 5.01 0.66 1.68 3.62 1.04 1.58
Rank within category 23 11 22 27 13 25
Number of funds in category 37 37 37 36 37 37

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

As on 30-Jun-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 66 78 52 37
Modified Duration (yrs) 0.12 0.13 0.07 0.10
Average Maturity (yrs) 0.13 0.13 0.07 0.10
Yield to Maturity (%) 3.46 3.49 2.93 3.44
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
up 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 12.50 12.50
equal Reserve Bank of India 91-D 19/08/2021 Treasury Bills SOV 0.00 - 8.08 8.08
new Reserve Bank of India 91-D 30/09/2021 Treasury Bills SOV 0.00 - 6.72 6.72
new Reserve Bank of India 91-D 23/09/2021 Treasury Bills SOV 0.00 - 5.16 5.16
down Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 4.94 4.57
new Reserve Bank of India 91-D 09/09/2021 Treasury Bills SOV 0.00 - 3.37 3.37
new National Bank Agr. Rur. Devp 90-D 02/09/2021 Commercial Paper A1+ 0.00 - 3.37 3.37
equal National Bank Agr. Rur. Devp 90-D 23/08/2021 Commercial Paper A1+ 0.00 - 3.37 3.37
new Reserve Bank of India 91-D 16/09/2021 Treasury Bills SOV 0.00 - 3.36 3.36
new NTPC 91-D 20/09/2021 Commercial Paper A1+ 0.00 - 3.36 3.36
equal Tata Steel 60-D 27/07/2021 Commercial Paper A1+ 0.00 - 3.04 3.04
new Reliance Retail Ventures 91-D 13/09/2021 Commercial Paper A1+ 0.00 - 2.52 2.52
new MRPL 37-D 15/07/2021 Commercial Paper A1+ 0.00 - 2.03 2.03
down Reserve Bank of India 364-D 01/07/2021 Treasury Bills SOV 0.00 - 6.59 1.78
equal SAIL 91-D 09/08/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
up L&T Finance 64-D 07/07/2021 Commercial Paper A1+ 0.00 - 1.68 1.68
new Indian Oil Corporation 39-D 16/07/2021 Commercial Paper A1+ 0.00 - 1.61 1.61
new 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 1.45 1.45
new Indian Oil Corporation 45-D 22/07/2021 Commercial Paper A1+ 0.00 - 1.35 1.35
new Power Finance Corporation 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.35 1.35
new Indian Oil Corporation 29-D 02/07/2021 Commercial Paper A1+ 0.00 - 1.35 1.35
down Reserve Bank of India 91-D 15/07/2021 Treasury Bills SOV 0.00 - 2.14 1.27
equal Reliance Jio Infocomm 91-D 06/08/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
equal Sikka Ports and Terminals 91-D 26/07/2021 Commercial Paper A1+ 0.00 - 1.18 1.18
equal Tata Capital Financial Services 91-D 27/07/2021 Commercial Paper A1+ 0.00 - 1.01 1.01

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 30-Jun-2021

Fund Manager

— Deepak Agrawal since 11-Jul-2007

Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.

Experience: He has been associated with Kotak AMC since 2000.

Funds Managed:


0.01%

Change from previous, NAV as on 27-Jul-2021

Growth: ₹ 4,183.5224

IDCW Weekly: ₹ 1,000.2512

IDCW Daily: ₹ 1,222.8100


Investment Strategy

The scheme seeks to provide a high level of liquidity along with reasonable returns through investments in money and other short-term debt instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
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: Kotak Mahindra Mutual Fund
Launch Date: 04-Nov-2003
Return Since Launch: 7.06%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 29,526 Cr (As on 30-Jun-2021)
Expense: 0.32% (As on 30-Jun-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily27-Jul-20210.1118

 26-Jul-20210.1094
 25-Jul-20210.2153
 23-Jul-20210.1258
 22-Jul-20210.1216
 21-Jul-20210.1112
 20-Jul-20210.1245
 19-Jul-20210.1048
 18-Jul-20210.2128
 16-Jul-20210.0997
 15-Jul-20210.1029
 14-Jul-20210.1400
 13-Jul-20210.1182
 12-Jul-20210.1196
 11-Jul-20210.2221
 09-Jul-20210.1141
 08-Jul-20210.1096
 07-Jul-20210.1185
 06-Jul-20210.0836
 05-Jul-20210.0937
 04-Jul-20210.2141
 02-Jul-20210.0612
 01-Jul-20210.1493
 30-Jun-20210.1130
 29-Jun-20210.1187
IDCW Weekly27-Jul-20210.6611

 20-Jul-20210.6372
 13-Jul-20210.6279
 06-Jul-20210.6138
 29-Jun-20210.6530
 22-Jun-20210.5985
 15-Jun-20210.6137
 08-Jun-20210.6051
 01-Jun-20210.6387
 25-May-20210.5938
 18-May-20210.6084
 11-May-20210.5294
 04-May-20210.5590
 27-Apr-20210.6366
 20-Apr-20210.5771
 14-Apr-20210.5959
 06-Apr-20210.5412
 31-Mar-20210.8362
 23-Mar-20210.7269
 16-Mar-20210.5832
 09-Mar-20210.5017
 02-Mar-20210.5385
 23-Feb-20210.6172
 16-Feb-20210.6064
 09-Feb-20210.6026

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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