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||1.80||0.04||0.01||0.27||1.09||1.99||4.11||4.21||4.39||4.73||4.79|
As on 05-Jun-2020
|Best (Period)||Worst (Period)|
|Week||0.53 (24-Mar-2020 - 31-Mar-2020)||-0.17 (17-Mar-2020 - 24-Mar-2020)|
|Month||0.94 (08-Aug-2013 - 09-Sep-2013)||0.15 (23-Feb-2020 - 24-Mar-2020)|
|Quarter||2.58 (24-Jul-2013 - 23-Oct-2013)||0.88 (24-Nov-2009 - 23-Feb-2010)|
|Year||9.54 (12-Aug-2011 - 13-Aug-2012)||4.12 (05-Jul-2009 - 05-Jul-2010)|
|CCIL T Bill Liquidity Weight||4.15||0.27||-4.64||-8.65||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-May-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||27||76||27||45|
|Modified Duration (yrs)||0.08||0.13||0.04||--|
|Average Maturity (yrs)||0.08||0.14||0.05||--|
|Yield to Maturity (%)||5.45||7.14||5.45||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Birla Group Holdings 91-D 05/06/2020||Commercial Paper||A1+||0.00 - 6.37||6.37|
|Reliance Jio Infocomm 91-D 11/05/2020||Commercial Paper||A1+||0.00 - 5.58||5.58|
|Bank of Baroda 2020||Certificate of Deposit||A1+||0.00 - 5.56||5.56|
|Bank of India 15/06/2020||Certificate of Deposit||A1+||0.00 - 5.56||5.56|
|Birla Group Holdings 89-D 03/06/2020||Commercial Paper||A1+||0.00 - 5.54||5.54|
|Tata Projects 299-D 22/06/2020||Commercial Paper||A1+||0.00 - 5.53||5.53|
|Tata Power 62-D 22/06/2020||Commercial Paper||A1+||0.00 - 5.53||5.53|
|Aditya Birla Fashion and Retail 90-D 14/05/2020||Commercial Paper||A1+||0.00 - 4.18||4.18|
|Indian Bank 2020||Certificate of Deposit||A1+||0.00 - 4.17||4.17|
|Tata Housing Devp. Co. 139-D 24/06/2020||Commercial Paper||A1+||0.00 - 4.15||4.15|
|Reliance Jio Infocomm 90-D 04/05/2020||Commercial Paper||A1+||0.00 - 4.29||3.49|
|JM Financial Services 88-D 22/05/2020||Commercial Paper||A1+||0.00 - 2.78||2.78|
|National Bank Agr. Rur. Devp 2020||Certificate of Deposit||A1+||0.00 - 2.78||2.78|
|Axis Bank 29/06/2020||Certificate of Deposit||A1+||0.00 - 2.77||2.77|
|Reliance Industries 91-D 21/07/2020||Commercial Paper||A1+||0.00 - 2.76||2.76|
|9.70% Tata Motors 18/06/2020||Debenture||AA-||0.00 - 2.24||2.24|
|JM Financial Services 91-D 19/05/2020||Commercial Paper||A1+||0.00 - 2.09||2.09|
|JM Financial Services 91-D 16/06/2020||Commercial Paper||A1+||0.00 - 2.07||2.07|
|8.19% L&T Infrastructre Finance 25/05/2020||Non Convertible Debenture||AAA||0.00 - 1.40||1.40|
|Axis Bank 27/05/2020||Certificate of Deposit||A1+||0.00 - 1.39||1.39|
|SIDBI 2020||Certificate of Deposit||A1+||0.00 - 1.39||1.39|
|SBI Cards & Payments Services 361-D 29/06/2020||Commercial Paper||A1+||0.00 - 1.38||1.38|
|Aditya Birla Finance 15/05/2020||Zero Coupon Bonds||AAA||0.00 - 0.87||0.87|
|M&M Financial Services 2020||Debenture||AAA||0.00 - 0.80||0.80|
|9.90% Tata Motors 2020||Debenture||AA-||0.00 - 0.70||0.70|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
Education: Mr. Roy is a M.Com and MBA (Finance).
Experience: He has been associated with Franklin Templeton Investments since 2001.
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
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The scheme aims to provide current income with high liquidity through 100% investment in debt and money market instruments.
|Minimum Investment (₹)||1,00,00,000|
|Minimum Addl Investment (₹)||1,00,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,00,000|
|Minimum Balance (₹)||--|
|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:||Franklin Templeton Mutual Fund|
|Return Since Launch:||7.20%|
|Assets:||₹ 3,582 Cr (As on 30-Apr-2020)|
|Expense:||0.61% (As on 30-Sep-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096