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Nippon India Liquid Fund


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Analyst's Choice?

Suitability:

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:

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.22 0.01 0.09 0.42 1.30 2.84 6.59 6.91 7.33 7.85 7.90
CCIL T Bill Liquidity Weight 0.16 0.00 0.05 0.29 0.84 1.92 4.25 4.15 4.46 4.80 4.69
Debt: Liquid 0.21 0.01 0.08 0.41 1.24 2.71 6.23 6.54 7.05 7.63 7.75
Rank within category 18 10 22 17 16 10 5 4 8 7 11
Number of funds in category 42 42 42 42 42 42 40 36 35 34 28

As on 16-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 0.95 (08-Aug-2013 - 09-Sep-2013) 0.32 (16-Jan-2010 - 15-Feb-2010)
Quarter 2.70 (24-Jul-2013 - 23-Oct-2013) 0.98 (13-Dec-2009 - 14-Mar-2010)
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 6.73 0.21 4.80 7.32 0.40 1.66
CCIL T Bill Liquidity Weight 4.08 0.26 -10.52 -- -- --
Debt: Liquid 6.38 0.50 3.90 6.47 0.51 1.50
Rank within category 4 26 11 11 32 3
Number of funds in category 36 36 36 34 36 36

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 92 202 92 53
Modified Duration (yrs) 0.12 0.17 0.08 0.10
Average Maturity (yrs) 0.13 0.18 0.09 0.10
Yield to Maturity (%) 5.38 7.55 5.33 5.28

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 06/02/2020 Treasury Bills SOV 0.00 - 9.42 9.42
up 8.19% GOI 16/01/2020 Central Government Loan SOV 0.00 - 7.48 7.48
down 6.35% GOI 21/01/2020 GOI Securities SOV 0.00 - 7.60 5.69
new Indusind Bank Bills Rediscounting Unrated 0.00 - 4.10 4.10
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 3.78 3.78
equal Reserve Bank of India 91-D 20/02/2020 Treasury Bills SOV 0.00 - 3.28 3.28
new NTPC 91-D 24/03/2020 Commercial Paper A1+ 0.00 - 2.86 2.86
new National Housing Bank 90-D 17/03/2020 Commercial Paper A1+ 0.00 - 2.86 2.86
new Reserve Bank of India 91-D 19/03/2020 Treasury Bills SOV 0.00 - 2.65 2.65
new Vedanta 91-D 19/03/2020 Commercial Paper A1+ 0.00 - 2.24 2.24
down Reserve Bank of India 91-D 30/01/2020 Treasury Bills SOV 0.00 - 4.79 2.24
equal Vedanta 91-D 21/01/2020 Commercial Paper A1+ 0.00 - 2.06 2.06
equal Reliance Jio Infocomm 90-D 06/02/2020 Commercial Paper A1+ 0.00 - 2.05 2.05
equal Reliance Industries 91-D 13/02/2020 Commercial Paper A1+ 0.00 - 2.05 2.05
equal Reliance Jio Infocomm 91-D 17/02/2020 Commercial Paper A1+ 0.00 - 2.05 2.05
new Indusind Bank 28/02/2020 Certificate of Deposit A1+ 0.00 - 2.05 2.05
new Ashok Leyland 207-D 13/03/2020 Commercial Paper A1+ 0.00 - 2.04 2.04
new SBI Cards & Payments Services 90-D 17/03/2020 Commercial Paper A1+ 0.00 - 2.04 2.04
up Reliance Jio Infocomm 90-D 30/01/2020 Commercial Paper A1+ 0.00 - 1.87 1.87
new Indian Oil Corp. 80-D 24/02/2020 Commercial Paper A1+ 0.00 - 1.84 1.84
equal SBI Cards & Payments Services 88-D 07/02/2020 Commercial Paper A1+ 0.00 - 1.64 1.64
equal Reliance Retail Ltd. 91-D 10/02/2020 Commercial Paper A1+ 0.00 - 1.64 1.64
new Reliance Jio Infocomm 91-D 28/02/2020 Commercial Paper A1+ 0.00 - 1.64 1.64
equal IDFC First Bank 2020 Certificate of Deposit A1+ 0.00 - 1.32 1.32
new Reliance Jio Infocomm 91-D 02/03/2020 Commercial Paper A1+ 0.00 - 1.23 1.23

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-2019

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 16-Jan-2020

Growth: ₹ 4,767.4447

Dividend Weekly: ₹ 1,531.4646

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Dividend Quarterly: ₹ 1,007.4153

Dividend Monthly: ₹ 1,589.1748

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: 7.35%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 24,235 Cr (As on 31-Dec-2019)
Expense: 0.28% (As on 31-Dec-2019)
Risk Grade: --
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily16-Jan-20200.1603

 15-Jan-20200.1447
 14-Jan-20200.1241
 13-Jan-20200.1063
 12-Jan-20200.3021
 10-Jan-20200.1018
 09-Jan-20200.1469
 08-Jan-20200.1416
 07-Jan-20200.1562
 06-Jan-20200.1436
 05-Jan-20200.2849
 03-Jan-20200.1343
 02-Jan-20200.2428
 01-Jan-20200.1757
 31-Dec-20190.1431
 30-Dec-20190.1451
 29-Dec-20190.2990
 27-Dec-20190.1753
 26-Dec-20190.1520
 25-Dec-20190.1505
 24-Dec-20190.1513
 23-Dec-20190.1561
 22-Dec-20190.3035
 20-Dec-20190.1403
 19-Dec-20190.1577
Dividend Weekly10-Jan-20200.9763

 03-Jan-20201.1417
 27-Dec-20191.0901
 20-Dec-20191.0697
 13-Dec-20191.1027
 06-Dec-20190.9520
 29-Nov-20191.1954
 22-Nov-20191.1530
 15-Nov-20191.1604
 08-Nov-20190.9954
 01-Nov-20191.1712
 25-Oct-20191.0695
 18-Oct-20191.2190
 11-Oct-20191.2876
 04-Oct-20191.5861
 27-Sep-20191.0867
 20-Sep-20190.9855
 13-Sep-20191.2070
 06-Sep-20191.2180
 30-Aug-20191.1899
 23-Aug-20191.2462
 16-Aug-20191.1550
 09-Aug-20191.4115
 02-Aug-20191.4448
 26-Jul-20191.3399
Dividend Monthly26-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
 25-Sep-20186.3616
 27-Aug-20187.3433
 25-Jul-20186.9549
 25-Jun-20187.2459
 25-May-20186.1199
 25-Apr-20187.4123
 26-Mar-20186.4526
 26-Feb-20186.6068
 25-Jan-20186.1382
 26-Dec-20175.6954
Dividend Quarterly19-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
 19-Jun-201418.3161
 19-Mar-201416.9977
 19-Dec-201319.0311

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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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