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5 star

Nippon India Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 3.72 0.01 0.05 0.28 0.82 1.86 4.67 6.33 6.70 7.32 7.86
CCIL T Bill Liquidity Weight 2.75 0.00 0.04 0.27 0.60 1.26 3.28 3.94 4.14 4.58 4.76
Debt: Liquid 3.43 0.01 0.06 0.27 0.81 1.73 4.33 5.98 6.40 7.09 7.67
Rank within category 11 27 30 15 16 8 11 5 5 4 8
Number of funds in category 42 42 42 42 42 42 42 36 35 34 31

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.67 6.33 6.70 0.30 24,930
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.67 6.28 6.66 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.70 6.33 6.71 0.31 32,611
Axis Liquid Fund
4 star
Oct-09 4.69 6.32 6.70 0.25 24,817
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 4.57 6.27 6.66 0.24 24,597

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.50 (24-Mar-2020 - 31-Mar-2020) -0.22 (17-Mar-2020 - 24-Mar-2020)
Month 0.95 (08-Aug-2013 - 09-Sep-2013) 0.11 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.70 (24-Jul-2013 - 23-Oct-2013) 0.79 (30-Jun-2020 - 29-Sep-2020)
Year 9.86 (26-Jul-2013 - 27-Jul-2014) 4.47 (20-Jul-2009 - 20-Jul-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.24 0.39 3.05 3.82 0.78 2.08
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 5 12 6 9 27 5
Number of funds in category 36 36 36 35 36 36

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 68 114 68 36
Modified Duration (yrs) 0.13 0.14 0.09 0.10
Average Maturity (yrs) 0.14 0.15 0.10 0.09
Yield to Maturity (%) 3.38 5.50 3.31 3.38
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 06/11/2020 Treasury Bills SOV 0.00 - 9.78 9.78
new Reserve Bank of India 91-D 10/12/2020 Treasury Bills SOV 0.00 - 7.97 7.97
new 8.15% GOI 21/12/2020 GOI Securities Floating Rate Bond SOV 0.00 - 5.42 5.42
equal Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 4.89 4.89
equal Hindustan Zinc 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 4.00 4.00
new HDFC 72-D 10/12/2020 Commercial Paper A1+ 0.00 - 3.99 3.99
equal Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 3.39 3.39
new NTPC 91-D 22/12/2020 Commercial Paper A1+ 0.00 - 2.99 2.99
down HDFC 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 3.69 2.80
new Reserve Bank of India 91-D 03/12/2020 Treasury Bills SOV 0.00 - 2.69 2.69
down L&T Housing Finance 91-D 17/11/2020 Commercial Paper A1+ 0.00 - 2.30 2.30
new Reserve Bank of India 91-D 24/12/2020 Treasury Bills SOV 0.00 - 2.29 2.29
new Reserve Bank of India 182-D 03/12/2020 Treasury Bills SOV 0.00 - 2.05 2.05
equal Reliance Industries 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
equal Ultratech Cement 90-D 02/11/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
equal Aditya Birla Finance 91-D 19/11/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
equal Grasim Industries 91-D 21/10/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
equal Reliance Industries 91-D 05/11/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
new Reserve Bank of India 182-D 17/12/2020 Treasury Bills SOV 0.00 - 1.99 1.99
new NLC India 91-D 01/12/2020 Commercial Paper A1+ 0.00 - 1.50 1.50
new Chennai Petroleum Corp. 91-D 03/12/2020 Commercial Paper A1+ 0.00 - 1.40 1.40
equal Reliance Retail Ventures 84-D 19/11/2020 Commercial Paper A1+ 0.00 - 1.20 1.20
equal BASF India 90-D 23/11/2020 Commercial Paper A1+ 0.00 - 1.20 1.20
up BHEL 352-D 30/10/2020 Commercial Paper A1+ 0.00 - 1.18 1.18
new National Bank Agr. Rur. Devp 89-D 10/11/2020 Commercial Paper A1+ 0.00 - 1.08 1.08

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-Sep-2020

Fund Manager

— Anju Chhajer since 01-Oct-2013

Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

Experience: Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.

Funds Managed:


0.01%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 4,934.2150

Dividend Weekly: ₹ 1,530.8760

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Dividend Quarterly: ₹ 1,005.5886

Dividend Monthly: ₹ 1,584.0014

Dividend Daily: ₹ 1,528.7400


Investment Strategy

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
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: Nippon India Mutual Fund
Launch Date: 09-Dec-2003
Return Since Launch: 7.21%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 24,930 Cr (As on 30-Sep-2020)
Expense: 0.30% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily28-Oct-20200.1292

 27-Oct-20200.0987
 26-Oct-20200.1033
 25-Oct-20200.2443
 23-Oct-20200.1267
 22-Oct-20200.1278
 21-Oct-20200.1489
 20-Oct-20200.1471
 19-Oct-20200.1435
 18-Oct-20200.2518
 16-Oct-20200.1480
 15-Oct-20200.1554
 14-Oct-20200.1564
 13-Oct-20200.1667
 12-Oct-20200.1253
 11-Oct-20200.2549
 09-Oct-20200.1391
 08-Oct-20200.1446
 07-Oct-20200.1672
 06-Oct-20200.1548
 05-Oct-20200.1408
 04-Oct-20200.3889
 01-Oct-20200.1395
 30-Sep-20200.2508
 29-Sep-20200.1728
Dividend Monthly26-Oct-20204.7385

 25-Sep-20204.0263
 25-Aug-20204.2650
 27-Jul-20204.6521
 25-Jun-20204.8892
 26-May-20206.8380
 27-Apr-202015.4579
 26-Mar-20201.0123
 25-Feb-20204.7458
 27-Jan-20204.9985
 26-Dec-20194.9522
 25-Nov-20195.1497
 25-Oct-20195.8574
 25-Sep-20194.9699
 26-Aug-20196.2837
 25-Jul-20196.5550
 25-Jun-20196.5305
 27-May-20197.3621
 25-Apr-20197.5923
 25-Mar-20196.2972
 25-Feb-20196.7656
 25-Jan-20196.8887
 26-Dec-20187.0646
 26-Nov-20187.7581
 25-Oct-20187.2170
Dividend Weekly23-Oct-20200.9466

 16-Oct-20201.0074
 09-Oct-20200.6062
 05-Oct-20201.5331
 25-Sep-20200.9060
 18-Sep-20200.9498
 11-Sep-20200.7098
 04-Sep-20200.9646
 28-Aug-20200.7774
 21-Aug-20201.0602
 14-Aug-20201.0274
 07-Aug-20200.9777
 31-Jul-20200.8691
 24-Jul-20200.9194
 17-Jul-20200.9302
 10-Jul-20200.9488
 03-Jul-20201.1098
 26-Jun-20201.1874
 19-Jun-20201.4150
 12-Jun-20201.3015
 05-Jun-20200.8182
 29-May-20200.8902
 22-May-20201.6825
 15-May-20201.9458
 08-May-20201.1928
Dividend Quarterly21-Sep-20208.5432

 19-Jun-202014.9326
 19-Mar-20209.3803
 19-Dec-20199.9097
 19-Sep-201911.7904
 19-Jun-201913.6241
 19-Mar-201912.7635
 19-Dec-201813.7283
 19-Sep-201813.2257
 19-Jun-201813.1181
 19-Mar-201811.8110
 19-Dec-201711.4737
 19-Sep-201711.9131
 19-Jun-201711.9099
 20-Mar-201711.7406
 19-Dec-201612.2524
 19-Sep-201613.0908
 20-Jun-201614.9362
 21-Mar-201613.7153
 21-Dec-201513.6851
 21-Sep-201514.5102
 19-Jun-201515.8599
 19-Mar-201515.1647
 19-Dec-201415.6904
 19-Sep-201416.9031

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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