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4 star

Nippon India Liquid Fund


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 1.13 0.01 0.06 0.25 0.77 1.51 3.28 5.62 6.15 6.82 7.59
CCIL T Bill Liquidity Weight 0.69 0.01 0.02 0.17 0.49 0.94 2.22 3.62 3.84 4.29 4.65
Debt: Liquid 1.13 0.01 0.06 0.25 0.76 1.51 3.18 5.29 5.92 6.63 7.42
Rank within category 30 32 35 31 22 27 14 5 5 6 6
Number of funds in category 41 42 42 41 41 41 41 37 34 34 30

As on 14-May-2021

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
4 star
Dec-03 3.28 5.62 6.15 0.32 22,828
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.31 5.57 6.11 0.32 40,714
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.35 5.62 6.15 0.33 30,938
Axis Liquid Fund
4 star
Oct-09 3.29 5.61 6.15 0.25 25,040
Tata Liquid Fund - Regular Plan  | Invest Online
4 star
Sep-04 3.26 5.59 6.13 0.33 15,808

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.70 23-Oct-2020 - 22-Jan-2021
Year 9.86 26-Jul-2013 - 27-Jul-2014 3.28 14-May-2020 - 14-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.53 0.52 2.24 3.91 1.07 2.03
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Liquid 5.24 0.66 1.82 3.48 1.03 1.70
Rank within category 5 26 6 14 31 4
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-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 75 102 56 37
Modified Duration (yrs) 0.11 0.14 0.07 0.09
Average Maturity (yrs) 0.12 0.15 0.07 0.09
Yield to Maturity (%) 3.36 3.89 2.94 3.40
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 91-D 15/07/2021 Treasury Bills SOV 0.00 - 13.49 13.49
down Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 6.00 5.94
equal Barclays Bank 14/06/2021 Certificate of Deposit A1+ 0.00 - 4.36 4.36
equal Reliance Retail Ventures 91-D 14/06/2021 Commercial Paper A1+ 0.00 - 4.36 4.36
equal Reserve Bank of India 364-D 13/05/2021 Treasury Bills SOV 0.00 - 4.21 4.21
down 7.94% GOI 24/05/2021 Central Government Loan SOV 0.00 - 6.14 3.89
equal Indus Towers (Merged) 91-D 03/05/2021 Commercial Paper A1+ 0.00 - 2.19 2.19
equal MRPL 91-D 07/06/2021 Commercial Paper A1+ 0.00 - 2.18 2.18
new Reliance Industries 85-D 29/06/2021 Commercial Paper A1+ 0.00 - 2.18 2.18
equal Export-Import Bank 91-D 22/06/2021 Certificate of Deposit A1+ 0.00 - 2.18 2.18
equal National Bank Agr. Rur. Devp 176-D 01/06/2021 Commercial Paper A1+ 0.00 - 2.18 2.18
new Reliance Jio Infocomm 91-D 19/07/2021 Commercial Paper A1+ 0.00 - 2.17 2.17
new National Bank Agr. Rur. Devp 90-D 27/07/2021 Commercial Paper A1+ 0.00 - 2.17 2.17
equal Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 1.90 1.90
equal Reserve Bank of India 364-D 20/05/2021 Treasury Bills SOV 0.00 - 1.79 1.79
equal NTPC 91-D 08/06/2021 Commercial Paper A1+ 0.00 - 1.75 1.75
equal IDFC First Bank 16/06/2021 Certificate of Deposit A1+ 0.00 - 1.74 1.74
equal MRPL 90-D 10/06/2021 Commercial Paper A1+ 0.00 - 1.31 1.31
equal Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 1.31 1.31
equal Reliance Retail Ventures 89-D 05/05/2021 Commercial Paper A1+ 0.00 - 1.09 1.09
equal Kotak Securities 91-D 23/06/2021 Commercial Paper A1+ 0.00 - 1.09 1.09
new Reserve Bank of India 91-D 22/07/2021 Treasury Bills SOV 0.00 - 1.09 1.09
new Adani Ports and Special Economic Zone 78-D 24/06/2021 Commercial Paper A1+ 0.00 - 1.09 1.09
new Reliance Industries Ltd - Partly Paid Equity 86-D 30/06/2021 Commercial Paper A1+ 0.00 - 1.09 1.09
equal Export-Import Bank 91-D 09/06/2021 Certificate of Deposit A1+ 0.00 - 1.09 1.09

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-Apr-2021

Fund Manager

— Anju Chhajer since 01-Oct-2013

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

Experience: Prior to joining Nippon India 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 16-May-2021

Growth: ₹ 5,016.5244

IDCW Weekly: ₹ 1,530.5650

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IDCW Quarterly: ₹ 1,007.2362

IDCW Monthly: ₹ 1,586.3189

IDCW 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
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: Nippon India Mutual Fund
Launch Date: 09-Dec-2003
Return Since Launch: 7.08%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 22,828 Cr (As on 30-Apr-2021)
Expense: 0.32% (As on 30-Apr-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-May-20210.1291

 13-May-20210.1377
 12-May-20210.1128
 11-May-20210.1264
 10-May-20210.1058
 09-May-20210.2604
 07-May-20210.1205
 06-May-20210.0909
 05-May-20210.1066
 04-May-20210.1233
 03-May-20210.1207
 02-May-20210.2536
 30-Apr-20210.1029
 29-Apr-20210.1189
 28-Apr-20210.1167
 27-Apr-20210.1155
 26-Apr-20210.1694
 25-Apr-20210.2507
 23-Apr-20210.1200
 22-Apr-20210.1620
 21-Apr-20210.1280
 20-Apr-20210.1494
 19-Apr-20210.1355
 18-Apr-20210.2530
 16-Apr-20210.1343
IDCW Weekly14-May-20210.8771

 07-May-20210.8164
 30-Apr-20210.8752
 23-Apr-20210.9490
 16-Apr-20210.8864
 09-Apr-20210.4888
 05-Apr-20211.4177
 26-Mar-20211.1744
 19-Mar-20210.9752
 12-Mar-20210.8820
 05-Mar-20210.7351
 26-Feb-20210.4814
 22-Feb-20211.4701
 12-Feb-20210.9654
 05-Feb-20210.9833
 29-Jan-20210.9323
 22-Jan-20210.8323
 15-Jan-20210.6124
 08-Jan-20210.6707
 01-Jan-20210.6736
 28-Dec-20201.2557
 18-Dec-20200.7915
 11-Dec-20200.8384
 04-Dec-20200.5847
 27-Nov-20200.8454
IDCW Monthly26-Apr-20214.4897

 25-Mar-20213.7483
 25-Feb-20214.5824
 25-Jan-20213.2156
 28-Dec-20203.8727
 25-Nov-20204.0078
 26-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
IDCW Quarterly19-Mar-20217.2095

 21-Dec-20207.7807
 21-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

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

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over