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3 star

BNP Paribas 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.

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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 0.57 0.02 0.05 0.25 0.77 1.57 3.73 5.83 6.30 6.93 7.66
CCIL T Bill Liquidity Weight 0.32 0.01 0.03 0.17 0.45 1.03 2.75 3.74 3.94 4.39 4.68
Debt: Liquid 0.53 0.01 0.05 0.23 0.73 1.50 3.56 5.58 6.12 6.80 7.52
Rank within category 4 3 18 3 4 5 19 12 14 19 16
Number of funds in category 41 41 41 41 41 41 41 35 34 34 30

As on 07-Mar-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
BNP Paribas Liquid Fund
3 star
Sep-04 3.73 5.83 6.30 0.18 1,244
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.85 5.84 6.32 0.32 39,319
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 3.85 5.89 6.37 0.32 31,306
Axis Liquid Fund
4 star
Oct-09 3.83 5.88 6.36 0.25 23,572
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.81 5.89 6.36 0.32 19,338

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.56 24-Mar-2020 - 31-Mar-2020 -0.21 17-Mar-2020 - 24-Mar-2020
Month 0.94 22-Mar-2012 - 23-Apr-2012 0.12 23-Feb-2020 - 24-Mar-2020
Quarter 2.63 24-Jul-2013 - 23-Oct-2013 0.75 20-Oct-2020 - 19-Jan-2021
Year 9.96 12-Aug-2011 - 13-Aug-2012 3.73 05-Mar-2020 - 05-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.71 0.51 2.23 4.19 1.01 2.04
CCIL T Bill Liquidity Weight 3.68 0.37 -2.46 -5.24 -- --
Debt: Liquid 5.48 0.66 1.92 3.38 1.01 1.81
Rank within category 12 24 15 3 21 14
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 28-Feb-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 36 8 36
Modified Duration (yrs) 0.09 0.12 0.03 --
Average Maturity (yrs) 0.09 0.13 0.04 --
Yield to Maturity (%) 3.41 5.76 2.98 --
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
equal National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 9.26 8.04
new Reserve Bank of India 182-D 25/02/2021 Treasury Bills SOV 0.00 - 8.02 8.02
new Reserve Bank of India 182-D 25/03/2021 Treasury Bills SOV 0.00 - 8.00 8.00
new NTPC 90-D 22/04/2021 Commercial Paper A1+ 0.00 - 7.98 7.98
new Reserve Bank of India 364-D 29/04/2021 Treasury Bills SOV 0.00 - 7.98 7.98
new Bajaj Finance 7-D 01/02/2021 Commercial Paper A1+ 0.00 - 6.03 6.03
equal LIC Housing Fin. 363-D 09/02/2021 Commercial Paper A1+ 0.00 - 4.63 4.02
equal TVS Credit Services 19/02/2021 Commercial Paper A1+ 0.00 - 4.62 4.01
new IRFC 87-D 12/04/2021 Commercial Paper A1+ 0.00 - 3.99 3.99
new The Ramco Cements 90-D 20/04/2021 Commercial Paper A1+ 0.00 - 3.99 3.99
new Kotak Securities 91-D 22/04/2021 Commercial Paper A1+ 0.00 - 3.98 3.98
equal Reserve Bank of India 364-D 04/02/2021 Treasury Bills SOV 0.00 - 2.31 2.01
new Federal Bank 2021 Certificate of Deposit A1+ 0.00 - 2.00 2.00
equal Reliance Industries 364-D 02/03/2021 Commercial Paper A1+ 0.00 - 2.31 2.00

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

— Mayank Prakash since 21-Sep-2015

Education: Mr. Prakash is a Chartered Accountant and MBA (Finance).

Experience: Prior to joining BNP Paribas Mutual Fund he has worked with Kotak AMC.

Funds Managed:

— Vikram Pamnani since 27-Dec-2017

Education: Mr. Pamnani holds PGDM in Finance.

Experience: Prior to joining BNP Paribas Mutual Fund, he worked with Essel Finance AMC Ltd. as Fund Manager, Canara Robeco AMC Ltd. as Fixed Income Dealer & Deutsche Bank as Process Executive.

Funds Managed:


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Change from previous, NAV as on 07-Mar-2021

Growth: ₹ 3,134.0041

Dividend Weekly: ₹ 1,000.4362

More

Dividend Monthly: ₹ 1,000.8425

Dividend Daily: ₹ 1,000.4900


Investment Strategy

The Scheme seeks to generate regular returns in line with investments in Debt and money market securities with maturity of upto 91 days only.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 1,000
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: BNP Paribas Mutual Fund
Launch Date: 02-Sep-2004
Return Since Launch: 7.16%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,244 Cr (As on 31-Jan-2021)
Expense: 0.18% (As on 31-Jan-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Mar-20210.1798

 05-Mar-20210.0364
 04-Mar-20210.0571
 03-Mar-20210.0577
 02-Mar-20210.0908
 01-Mar-20210.0802
 28-Feb-20210.1675
 26-Feb-20210.0166
 25-Feb-20210.1121
 24-Feb-20210.1243
 23-Feb-20210.0730
 21-Feb-20210.2413
 18-Feb-20210.1096
 17-Feb-20210.1404
 16-Feb-20210.1206
 15-Feb-20210.0815
 14-Feb-20210.1735
 12-Feb-20210.1079
 11-Feb-20210.1044
 10-Feb-20210.1050
 09-Feb-20210.1139
 08-Feb-20210.1039
 07-Feb-20210.1771
 05-Feb-20210.1333
 04-Feb-20210.0845
Dividend Weekly04-Mar-20210.4698

 25-Feb-20210.6290
 18-Feb-20210.7335
 11-Feb-20210.7377
 04-Feb-20210.6010
 28-Jan-20210.6261
 21-Jan-20210.5525
 14-Jan-20210.5578
 07-Jan-20210.5215
 31-Dec-20200.6396
 24-Dec-20200.6226
 17-Dec-20200.5736
 10-Dec-20200.5712
 03-Dec-20200.4619
 26-Nov-20200.5657
 19-Nov-20200.6055
 12-Nov-20200.6282
 05-Nov-20200.6062
 29-Oct-20200.5775
 22-Oct-20200.6250
 15-Oct-20200.6511
 08-Oct-20200.6156
 01-Oct-20200.7012
 24-Sep-20200.6220
 17-Sep-20200.6512
Dividend Monthly25-Feb-20212.5472

 28-Jan-20212.9280
 24-Dec-20202.3094
 02-Nov-20200.0400
 01-Nov-20203.1444
 25-Sep-20202.4564
 28-Aug-202020.2477
 26-Mar-20201.0854
 28-Feb-20202.8597
 30-Jan-20203.5165
 26-Dec-20192.8563
 28-Nov-20193.0769
 31-Oct-20194.0600
 26-Sep-20193.1480
 29-Aug-20194.2496
 25-Jul-20193.6989
 27-Jun-20193.7821
 30-May-20195.3018
 25-Apr-20193.8375
 28-Mar-20193.9191
 28-Feb-20193.9005
 31-Jan-20195.0815
 27-Dec-20183.9437
 29-Nov-20185.2409
 25-Oct-20184.0937

Contact Information

AMC: BNP Paribas Asset Management (India) Private Ltd.

Address: BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-33704000

Fax: 022-33704294

Email: [email protected]

Website: http://www.bnpparibasmf.in

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

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