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1 star

IIFL Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

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 2.11 0.01 0.06 0.25 0.83 1.94 4.55 5.91 6.34 -- --
CCIL T Bill Liquidity Weight 2.06 0.00 0.04 0.22 0.84 1.94 3.85 4.13 4.32 -- --
Debt: Liquid 2.48 0.01 0.06 0.28 0.98 2.30 5.08 6.31 6.67 -- --
Rank within category 36 34 34 31 33 36 36 31 30 -- --
Number of funds in category 42 42 42 42 42 42 42 36 35 34 31

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IIFL Liquid Fund - Regular Plan
1 star
Nov-13 4.55 5.91 6.34 0.25 579
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.48 6.60 6.94 0.32 57,335
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.53 6.65 6.98 0.30 36,679
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.50 6.66 6.98 0.28 30,604
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.49 6.65 6.97 0.22 27,032

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.23 (28-Mar-2014 - 06-Apr-2014) -0.04 (17-Mar-2020 - 24-Mar-2020)
Month 0.77 (14-Mar-2014 - 15-Apr-2014) 0.25 (22-May-2020 - 21-Jun-2020)
Quarter 2.15 (28-Mar-2014 - 30-Jun-2014) 0.83 (06-Apr-2020 - 06-Jul-2020)
Year 8.47 (14-Mar-2014 - 16-Mar-2015) 4.57 (11-Jul-2019 - 10-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.80 0.31 1.61 2.00 0.24 0.79
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58
Rank within category 31 27 31 31 3 34
Number of funds in category 36 36 36 36 36 36

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 16 6 40
Modified Duration (yrs) 0.10 0.11 0.03 0.12
Average Maturity (yrs) 0.10 0.12 0.03 0.10
Yield to Maturity (%) 3.19 6.22 2.56 3.29

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 84-D 20/08/2020 Treasury Bills SOV 0.00 - 34.41 34.41
new National Housing Bank 88-D 11/09/2020 Commercial Paper A1+ 0.00 - 8.58 8.58
new NTPC 91-D 22/09/2020 Commercial Paper A1+ 0.00 - 8.57 8.57
new National Bank Agr. Rur. Devp 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 6.91 6.91
new Bank of Baroda 20/07/2020 Certificate of Deposit A1+ 0.00 - 6.90 6.90
equal ICICI Bank 17/07/2020 Certificate of Deposit A1+ 0.00 - 7.99 6.90
equal HDFC 358-D 10/07/2020 Commercial Paper A1+ 0.00 - 5.00 4.32
equal SIDBI 24/07/2020 Debenture A1+ 0.00 - 4.99 4.31
equal Reliance Industries 91-D 15/07/2020 Commercial Paper A1+ 0.00 - 4.99 4.31
new 7.20% HDFC 2020 Debenture AAA 0.00 - 2.61 2.61

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-Jun-2020

Fund Manager

— Ankur Parekh since 08-Mar-2017

Education: Mr. Parekh is an MBA.

Experience: Prior to joining IIFL Mutual Fund he has worked with Reliance Capital AMC, L&T Mutual Fund, Money Market Dealer with LKP Securities and left SBI DFHI as Junior Vice President for Fixed Income.

Funds Managed:


0.01%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 1,553.3354

Dividend Weekly: ₹ 1,005.0000

Dividend Daily: ₹ 1,000.0701


Investment Strategy

The scheme seeks to provide liquidity with reasonable returns in commensuration with low risk through a portfolio of money market and debt securities with residual maturity of up to 91days.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
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: IIFL Mutual Fund
Launch Date: 13-Nov-2013
Return Since Launch: 6.82%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 579 Cr (As on 30-Jun-2020)
Expense: 0.25% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily14-Jul-20200.0718

 13-Jul-20200.0734
 12-Jul-20200.1289
 10-Jul-20200.0814
 09-Jul-20200.1147
 08-Jul-20200.0790
 07-Jul-20200.0746
 06-Jul-20200.0728
 05-Jul-20200.1732
 03-Jul-20200.0863
 02-Jul-20200.0857
 01-Jul-20200.0861
 30-Jun-20200.1108
 29-Jun-20200.0635
 28-Jun-20200.1770
 26-Jun-20200.0885
 25-Jun-20200.0872
 24-Jun-20200.0821
 23-Jun-20200.0877
 22-Jun-20200.0837
 21-Jun-20200.1693
 19-Jun-20200.0885
 18-Jun-20200.0909
 17-Jun-20200.0919
 16-Jun-20200.0894
Dividend Weekly14-Jul-20200.5506

 07-Jul-20200.5730
 30-Jun-20200.6384
 23-Jun-20200.5975
 16-Jun-20200.6892
 09-Jun-20200.5514
 02-Jun-20200.4813
 26-May-20200.6499
 19-May-20200.6912
 12-May-20200.7610
 05-May-20200.6848
 28-Apr-20200.5769
 21-Apr-20200.8374
 14-Apr-20200.6777
 07-Apr-20200.5942
 31-Mar-20201.1161
 17-Mar-20200.5609
 10-Mar-20200.7184
 03-Mar-20200.6562
 25-Feb-20200.6619
 18-Feb-20200.6692
 11-Feb-20200.6763
 04-Feb-20200.6648
 28-Jan-20200.6907
 21-Jan-20200.6664
Dividend Fortnightly15-Jul-20142.4305

 01-Jul-20142.4516
 17-Jun-20142.4216
 03-Jun-20142.4368
 20-May-20142.4623
 06-May-20142.4880
 22-Apr-20142.3008
 09-Apr-20142.8830
 25-Mar-20142.6235
 11-Mar-20142.2206
 25-Feb-201412.2807
Dividend Monthly25-Mar-20144.8751

 25-Feb-20149.9429

Contact Information

AMC: IIFL Asset Management Limited

Address: IIFL Centre-6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400013

Phone: 022-42499000 / 1800-200-2267

Fax: 022-24954310

Email: [email protected]

Website: http://www.iiflmf.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

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