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1 star

IIFL Liquid Fund - Regular Plan


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 2.36 0.01 0.05 0.27 0.77 1.50 2.88 4.32 5.18 5.89 --
CCIL T Bill Liquidity Weight 1.61 -0.01 -0.03 0.11 0.50 1.06 2.04 3.32 3.61 4.05 --
Debt: Liquid 2.55 0.01 0.05 0.25 0.79 1.59 3.14 4.83 5.57 6.27 --
Rank within category 36 36 6 4 35 35 37 35 31 30 --
Number of funds in category 39 40 40 40 40 39 39 36 35 34 32

As on 21-Oct-2021

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 2.88 4.32 5.18 0.25% 294
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.15 4.97 5.74 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.17 5.01 5.78 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.19 4.99 5.79 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.13 5.00 5.77 0.32% 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.19 18-Nov-2020 - 18-Dec-2020
Quarter 2.15 28-Mar-2014 - 30-Jun-2014 0.65 16-Oct-2020 - 15-Jan-2021
Year 8.47 14-Mar-2014 - 16-Mar-2015 2.83 01-Jul-2020 - 01-Jul-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.31 0.45 0.81 4.58 0.86 0.89
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44
Rank within category 35 6 35 34 5 35
Number of funds in category 38 38 38 38 38 38

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 13 1 34
Modified Duration (yrs) 0.07 0.09 0.01 0.09
Average Maturity (yrs) 0.06 0.09 0.01 0.09
Yield to Maturity (%) 3.41 3.83 2.78 3.47
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 Axis Bank 22/10/2021 Certificate of Deposit A1+ 0.00 - 8.48 8.48
equal HDFC 28/10/2021 Commercial Paper A1+ 0.00 - 8.48 8.48
new Reliance Industries 91-D 01/11/2021 Commercial Paper A1+ 0.00 - 8.47 8.47
new Reliance Jio Infocomm 91-D 29/10/2021 Commercial Paper A1+ 0.00 - 8.47 8.47
new Axis Finance 180-D 29/11/2021 Commercial Paper A1+ 0.00 - 8.44 8.44
new 6.72% NTPC 24/11/2021 Bonds AAA 0.00 - 5.12 5.12
equal LIC Housing Fin. 25/10/2021 Commercial Paper A1+ 0.00 - 5.09 5.09
equal Tata Capital Financial Services 26/10/2021 Debenture AAA 0.00 - 4.45 4.45
new 7.24% Indian Railway Finance Corporation 2021 Bonds AAA 0.00 - 3.41 3.41
new NTPC 91-D 11/10/2021 Commercial Paper A1+ 0.00 - 3.40 3.40

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-Sep-2021

Fund Manager

— Rahul K Nambiar since 19-Jan-2021

Education: Mr. Nambiar is a MBA

Experience: Prior to joining IIFL Asset Management Limited, he was a part of the Wealth Management industry as Product Manager – Bonds, Yes Bank Ltd and ICICI Securities Ltd. He has also worked in the Wholesale Debt Market(WDB) broking industry.

Funds Managed:


0.01%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 1,610.6055

IDCW Weekly: ₹ 1,005.1517

IDCW 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
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: IIFL Mutual Fund
Launch Date: 13-Nov-2013
Return Since Launch: 6.18%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 294 Cr (As on 30-Sep-2021)
Expense: 0.25% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily20-Oct-20210.0767

 19-Oct-20210.0862
 18-Oct-20210.0677
 17-Oct-20210.2417
 14-Oct-20210.0746
 13-Oct-20210.0809
 12-Oct-20210.0802
 11-Oct-20210.0935
 10-Oct-20210.1693
 08-Oct-20210.0904
 07-Oct-20210.0816
 06-Oct-20210.0809
 05-Oct-20210.0839
 04-Oct-20210.0884
 03-Oct-20210.3229
 01-Oct-20210.1912
 30-Sep-20210.0874
 29-Sep-20210.0622
 28-Sep-20210.0636
 27-Sep-20210.0806
 26-Sep-20210.1682
 24-Sep-20210.0792
 23-Sep-20210.0739
 22-Sep-20210.0635
 21-Sep-20210.0778
IDCW Weekly19-Oct-20210.5611

 12-Oct-20210.5989
 05-Oct-20210.8365
 28-Sep-20210.5342
 21-Sep-20210.5419
 14-Sep-20210.5752
 07-Sep-20210.5684
 31-Aug-20210.5854
 24-Aug-20210.5688
 17-Aug-20210.5953
 10-Aug-20210.5562
 03-Aug-20210.5609
 27-Jul-20210.5775
 20-Jul-20210.5795
 13-Jul-20210.5810
 06-Jul-20210.5419
 29-Jun-20210.5730
 22-Jun-20210.5932
 15-Jun-20210.5642
 08-Jun-20210.5737
 01-Jun-20210.5666
 25-May-20210.5771
 18-May-20210.5630
 11-May-20210.5264
 04-May-20210.5190
IDCW 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
IDCW 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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