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3 star

Kotak Liquid - Regular 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 0.15 0.01 0.06 0.23 0.72 1.54 3.97 5.89 6.37 7.02 7.70
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 3.80 4.01 4.43 4.70
Debt: Liquid 0.16 0.01 0.06 0.24 0.72 1.53 3.83 5.72 6.23 6.89 7.59
Rank within category 31 24 29 30 27 21 22 25 22 20 17
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 22-Jan-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 3.97 5.89 6.37 0.30 31,718
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.13 5.99 6.44 0.32 42,177
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.14 6.04 6.48 0.31 33,431
Axis Liquid Fund
4 star
Oct-09 4.12 6.03 6.47 0.25 25,742
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 4.10 6.04 6.47 0.32 23,245

Best & Worst Performance

Best (Period) Worst (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) 3.96 (23-Jan-2020 - 22-Jan-2021)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.82 0.45 2.32 3.48 0.89 1.93
CCIL T Bill Liquidity Weight 3.78 0.34 -2.89 -5.80 -- --
Debt: Liquid 5.66 0.63 2.08 3.24 0.96 1.84
Rank within category 24 11 20 23 10 25
Number of funds in category 35 35 35 34 35 35

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 54 78 54 35
Modified Duration (yrs) 0.09 0.15 0.08 0.09
Average Maturity (yrs) 0.09 0.16 0.08 0.08
Yield to Maturity (%) 3.05 5.50 2.93 3.07
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 Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 7.86 7.86
equal Reserve Bank of India 182-D 07/01/2021 Treasury Bills SOV 0.00 - 4.11 4.10
up 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 3.79 3.79
equal Reserve Bank of India 91-D 21/01/2021 Treasury Bills SOV 0.00 - 3.54 3.52
new Reserve Bank of India 91-D 18/03/2021 Treasury Bills SOV 0.00 - 3.52 3.52
new Reserve Bank of India 91-D 07/01/2021 Treasury Bills SOV 0.00 - 3.15 3.15
new NTPC 90-D 09/03/2021 Commercial Paper A1+ 0.00 - 3.14 3.14
equal National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 3.16 3.14
new Reliance Industries 263-D 05/03/2021 Commercial Paper A1+ 0.00 - 3.14 3.14
new NTPC 90-D 22/03/2021 Commercial Paper A1+ 0.00 - 3.13 3.13
equal Reserve Bank of India 91-D 28/01/2021 Treasury Bills SOV 0.00 - 3.00 2.99
equal HDFC 87-D 22/01/2021 Commercial Paper A1+ 0.00 - 2.79 2.52
new Reserve Bank of India 182-D 18/02/2021 Treasury Bills SOV 0.00 - 2.20 2.20
new Reliance Industries Ltd - Partly Paid Equity 56-D 16/02/2021 Commercial Paper A1+ 0.00 - 2.20 2.20
new Larsen & Toubro 270-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.04 2.04
new Chennai Petroleum Corp. 90-D 31/03/2021 Commercial Paper A1+ 0.00 - 1.88 1.88
new Reliance Retail Ventures 43-D 15/01/2021 Commercial Paper A1+ 0.00 - 1.57 1.57
equal National Bank Agr. Rur. Devp 90-D 14/01/2021 Commercial Paper A1+ 0.00 - 1.75 1.57
new Reliance Industries 89-D 09/03/2021 Commercial Paper A1+ 0.00 - 1.57 1.57
new Reserve Bank of India 182-D 14/01/2021 Treasury Bills SOV 0.00 - 1.57 1.57
new IDFC First Bank 22/03/2021 Certificate of Deposit A1+ 0.00 - 0.94 0.94
new MRPL 90-D 18/03/2021 Commercial Paper A1+ 0.00 - 0.94 0.94
new NLC India 90-D 11/03/2021 Commercial Paper A1+ 0.00 - 0.94 0.94
new National Fertilizers 90-D 09/03/2021 Commercial Paper A1+ 0.00 - 0.94 0.94
new Adani Ports and Special Economic Zone 54-D 15/02/2021 Commercial Paper A1+ 0.00 - 0.94 0.94

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

— 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 25-Jan-2021

Growth: ₹ 4,116.9765

Dividend Weekly: ₹ 1,000.7245

Dividend 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 (₹) --
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: 7.17%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 31,718 Cr (As on 31-Dec-2020)
Expense: 0.30% (As on 31-Dec-2020)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Jan-20210.2071

 22-Jan-20210.0966
 21-Jan-20210.1033
 20-Jan-20210.1158
 19-Jan-20210.0836
 18-Jan-20210.0782
 17-Jan-20210.2020
 15-Jan-20210.0440
 14-Jan-20210.0955
 13-Jan-20210.1334
 12-Jan-20210.0478
 10-Jan-20210.1923
 08-Jan-20210.1001
 07-Jan-20210.0363
 06-Jan-20210.0473
 05-Jan-20210.0786
 04-Jan-20210.1005
 03-Jan-20210.1792
 01-Jan-20210.1103
 31-Dec-20200.1259
 30-Dec-20200.1348
 29-Dec-20200.1218
 28-Dec-20200.1076
 27-Dec-20200.2894
 24-Dec-20200.1048
Dividend Weekly19-Jan-20210.5384

 12-Jan-20210.3253
 05-Jan-20210.6321
 29-Dec-20200.5846
 22-Dec-20200.5298
 15-Dec-20200.5142
 08-Dec-20200.3906
 02-Dec-20200.5943
 24-Nov-20200.5227
 18-Nov-20200.6973
 10-Nov-20200.6347
 03-Nov-20200.5395
 27-Oct-20200.5833
 20-Oct-20200.6693
 13-Oct-20200.6522
 06-Oct-20200.7159
 29-Sep-20200.6386
 22-Sep-20200.5914
 15-Sep-20200.4856
 08-Sep-20200.6018
 01-Sep-20200.5625
 25-Aug-20200.6059
 18-Aug-20200.6979
 11-Aug-20200.6388
 04-Aug-20200.5765

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

Upcoming Video

Investors' Hangout

Understanding the new risk-o-meter

dateFriday, 29-Jan-2021
time12:30 PM - 01:00 PM