VR Logo

4 star

Nippon India Liquid Fund


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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.46 0.01 0.06 0.29 0.74 1.55 3.92 5.93 6.39 7.02 7.71
CCIL T Bill Liquidity Weight 0.28 0.01 -0.01 0.20 0.45 1.09 2.87 3.74 3.97 4.40 4.68
Debt: Liquid 0.47 0.01 0.06 0.28 0.75 1.54 3.65 5.62 6.15 6.82 7.54
Rank within category 28 24 30 11 27 23 11 6 5 5 5
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 25-Feb-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 3.92 5.93 6.39 0.32 19,338
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.96 5.89 6.35 0.32 39,319
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 3.96 5.93 6.40 0.32 31,306
Axis Liquid Fund
4 star
Oct-09 3.95 5.92 6.39 0.25 23,572
Tata Liquid Fund - Regular Plan  | Invest Online
4 star
Sep-04 3.97 5.90 6.37 0.33 12,917

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 3.94 20-Feb-2020 - 19-Feb-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.85 0.49 2.43 3.76 1.01 2.14
CCIL T Bill Liquidity Weight 3.72 0.36 -2.62 -5.07 -- --
Debt: Liquid 5.56 0.64 2.00 3.31 0.98 1.82
Rank within category 6 24 6 15 29 3
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-Jan-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 67 106 56 36
Modified Duration (yrs) 0.11 0.14 0.07 --
Average Maturity (yrs) 0.12 0.15 0.08 --
Yield to Maturity (%) 3.48 5.50 2.94 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 91-D 18/03/2021 Treasury Bills SOV 0.00 - 9.35 9.35
equal Reserve Bank of India 91-D 25/03/2021 Treasury Bills SOV 0.00 - 7.21 7.21
new Reserve Bank of India 91-D 15/04/2021 Treasury Bills SOV 0.00 - 5.14 5.14
equal Hindustan Zinc 2021 Commercial Paper A1+ 0.00 - 4.65 4.65
equal Reliance Industries 84-D 22/03/2021 Commercial Paper A1+ 0.00 - 3.86 3.86
new MRPL 60-D 12/03/2021 Commercial Paper A1+ 0.00 - 3.48 3.48
equal Reserve Bank of India 91-D 11/03/2021 Treasury Bills SOV 0.00 - 3.09 3.09
equal Chennai Petroleum Corp. 78-D 03/03/2021 Commercial Paper A1+ 0.00 - 2.71 2.71
equal NLC India 268-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.58 2.58
equal MRPL 91-D 08/03/2021 Commercial Paper A1+ 0.00 - 2.58 2.58
equal IDFC First Bank 2021 Certificate of Deposit A1+ 0.00 - 2.58 2.58
new Reserve Bank of India 182-D 25/03/2021 Treasury Bills SOV 0.00 - 2.57 2.57
new Sharekhan BNP Paribas Financial Services 7-D 01/02/2021 Commercial Paper A1+ 0.00 - 2.07 2.07
equal Chennai Petroleum Corp. 90-D 18/03/2021 Commercial Paper A1+ 0.00 - 2.06 2.06
new Bajaj Finance 53-D 15/03/2021 Commercial Paper A1+ 0.00 - 2.06 2.06
equal ONGC Petro Additions 23/02/2021 Commercial Paper A1+ 0.00 - 2.06 2.06
new L&T Finance 91-D 29/04/2021 Commercial Paper A1+ 0.00 - 2.05 2.05
new National Bank Agr. Rur. Devp 91-D 22/04/2021 Commercial Paper A1+ 0.00 - 2.05 2.05
down National Bank Agr. Rur. Devp 364-D 18/02/2021 Commercial Paper A1+ 0.00 - 2.47 1.94
equal BHEL 90-D 10/03/2021 Commercial Paper A1+ 0.00 - 1.93 1.93
new Reserve Bank of India 364-D 29/04/2021 Treasury Bills SOV 0.00 - 1.90 1.90
equal NLC India 19/02/2021 Commercial Paper A1+ 0.00 - 1.81 1.81
equal Reliance Industries 90-D 24/03/2021 Commercial Paper A1+ 0.00 - 1.80 1.80
new Aditya Birla Finance 7-D 01/02/2021 Commercial Paper A1+ 0.00 - 1.55 1.55
new 7.80% GOI 2021 Central Government Loan SOV 0.00 - 1.54 1.54

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-Jan-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 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 25-Feb-2021

Growth: ₹ 4,982.6891

Dividend Weekly: ₹ 1,530.7473

More

Dividend Quarterly: ₹ 1,007.6426

Dividend Monthly: ₹ 1,583.8258

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
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: 7.13%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 19,338 Cr (As on 31-Jan-2021)
Expense: 0.32% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily25-Feb-20210.1523

 24-Feb-20210.1829
 23-Feb-20210.1114
 22-Feb-20210.0926
 21-Feb-20210.3456
 18-Feb-20210.1960
 17-Feb-20210.2436
 16-Feb-20210.1710
 15-Feb-20210.1572
 14-Feb-20210.2623
 12-Feb-20210.1469
 11-Feb-20210.1455
 10-Feb-20210.1448
 09-Feb-20210.1313
 08-Feb-20210.1384
 07-Feb-20210.2573
 05-Feb-20210.1733
 04-Feb-20210.1349
 03-Feb-20210.0929
 02-Feb-20210.1813
 01-Feb-20210.1420
 31-Jan-20210.2579
 29-Jan-20210.1604
 28-Jan-20210.1314
 27-Jan-20210.1561
Dividend Monthly25-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
 25-Mar-20196.2972
 25-Feb-20196.7656
Dividend Weekly22-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
 20-Nov-20200.9532
 13-Nov-20200.9403
 06-Nov-20200.5889
 02-Nov-20201.1725
 23-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
Dividend Quarterly21-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
 19-Dec-201415.6904

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

Upcoming Video

VR Helpline

Are you a first time investor?

dateSaturday, 27-Feb-2021
time04:00 PM - 04:30 PM