1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL T Bill Liquidity Weight||2.06||0.00||0.04||0.22||0.84||1.94||3.85||4.13||4.32||--||--|
|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
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|IIFL Liquid Fund - Regular Plan||Nov-13||4.55||5.91||6.34||0.25||579|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||5.48||6.60||6.94||0.32||57,335|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||5.53||6.65||6.98||0.30||36,679|
|Nippon India Liquid Fund | Invest Online||Dec-03||5.50||6.66||6.98||0.28||30,604|
|Axis Liquid Fund | Invest Online||Oct-09||5.49||6.65||6.97||0.22||27,032|
|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)|
|CCIL T Bill Liquidity Weight||4.07||0.28||-4.34||-7.86||--||--|
|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
|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|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 84-D 20/08/2020||Treasury Bills||SOV||0.00 - 34.41||34.41|
|National Housing Bank 88-D 11/09/2020||Commercial Paper||A1+||0.00 - 8.58||8.58|
|NTPC 91-D 22/09/2020||Commercial Paper||A1+||0.00 - 8.57||8.57|
|National Bank Agr. Rur. Devp 91-D 09/07/2020||Commercial Paper||A1+||0.00 - 6.91||6.91|
|Bank of Baroda 20/07/2020||Certificate of Deposit||A1+||0.00 - 6.90||6.90|
|ICICI Bank 17/07/2020||Certificate of Deposit||A1+||0.00 - 7.99||6.90|
|HDFC 358-D 10/07/2020||Commercial Paper||A1+||0.00 - 5.00||4.32|
|SIDBI 24/07/2020||Debenture||A1+||0.00 - 4.99||4.31|
|Reliance Industries 91-D 15/07/2020||Commercial Paper||A1+||0.00 - 4.99||4.31|
|7.20% HDFC 2020||Debenture||AAA||0.00 - 2.61||2.61|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
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.
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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.
|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.
|Fund House:||IIFL Mutual Fund|
|Return Since Launch:||6.82%|
|Assets:||₹ 579 Cr (As on 30-Jun-2020)|
|Expense:||0.25% (As on 30-Jun-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
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
Email: [email protected]
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
Email: [email protected]