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*||0.52||-0.03||0.04||0.28||0.83||1.77||4.03||4.10||4.46||4.76||4.71|
As on 23-Feb-2020
* As on 24-Feb-2020
|Best (Period)||Worst (Period)|
|Week||0.27 (30-Mar-2012 - 08-Apr-2012)||-0.08 (09-Jul-2013 - 16-Jul-2013)|
|Month||0.92 (08-Aug-2013 - 09-Sep-2013)||0.25 (17-Jul-2009 - 16-Aug-2009)|
|Quarter||2.62 (25-Jul-2013 - 24-Oct-2013)||0.81 (10-Jul-2009 - 09-Oct-2009)|
|Year||9.87 (12-Aug-2011 - 13-Aug-2012)||3.77 (26-Apr-2009 - 26-Apr-2010)|
|CCIL T Bill Liquidity Weight||4.06||0.27||-6.06||-10.48||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||92||120||66||55|
|Modified Duration (yrs)||0.09||0.14||0.07||0.08|
|Average Maturity (yrs)||0.09||0.16||0.08||0.09|
|Yield to Maturity (%)||5.33||7.29||5.12||5.37|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 76-D 17/03/2020||Cash Management Bill||SOV||0.00 - 6.89||4.87|
|Reserve Bank of India 91-D 19/03/2020||Treasury Bills||SOV||0.00 - 6.89||4.73|
|HPCL 88-D 03/03/2020||Commercial Paper||A1+||0.00 - 4.93||3.39|
|Reserve Bank of India 2020||Treasury Bills||SOV||0.00 - 3.38||3.38|
|Reserve Bank of India 63-D 17/03/2020||Treasury Bills||SOV||0.00 - 3.38||3.38|
|SAIL 91-D 07/02/2020||Commercial Paper||A1+||0.00 - 3.06||3.06|
|NTPC 91-D 17/03/2020||Commercial Paper||A1+||0.00 - 3.69||2.54|
|SIDBI 14/02/2020||Commercial Paper||A1+||0.00 - 3.46||2.38|
|Ultratech Cement 75-D 26/02/2020||Commercial Paper||A1+||0.00 - 2.96||2.03|
|Power Finance Corp. 360-D 06/03/2020||Commercial Paper||A1+||0.00 - 2.96||2.03|
|Larsen & Toubro 182-D 28/02/2020||Commercial Paper||A1+||0.00 - 2.47||1.70|
|SIDBI 91-D 20/04/2020||Commercial Paper||A1+||0.00 - 1.68||1.68|
|Axis Bank 2020||Certificate of Deposit||A1+||0.00 - 1.52||1.52|
|Reserve Bank of India 182-D 14/02/2020||Treasury Bills||SOV||0.00 - 1.98||1.36|
|Reliance Jio Infocomm 91-D 28/02/2020||Commercial Paper||A1+||0.00 - 1.97||1.36|
|LIC Housing Fin. 364-D 10/02/2020||Commercial Paper||A1+||0.00 - 1.36||1.36|
|Indian Oil Corp. 66-D 10/02/2020||Commercial Paper||A1+||0.00 - 1.98||1.36|
|National Bank Agr. Rur. Devp 91-D 12/03/2020||Commercial Paper||A1+||0.00 - 1.97||1.35|
|National Housing Bank 90-D 17/03/2020||Commercial Paper||A1+||0.00 - 1.97||1.35|
|Shriram Transport Finance 85-D 20/03/2020||Commercial Paper||A1+||0.00 - 1.96||1.35|
|Axis Finance 90-D 09/03/2020||Commercial Paper||A1+||0.00 - 1.97||1.35|
|Bharti Hexacom 63-D 19/03/2020||Commercial Paper||A1+||0.00 - 1.35||1.35|
|Bahadur Chand Investments 70-D 16/03/2020||Commercial Paper||A1+||0.00 - 1.35||1.35|
|National Bank Agr. Rur. Devp 78-D 27/03/2020||Commercial Paper||A1+||0.00 - 1.35||1.35|
|ICICI Bank 2020||Certificate of Deposit||A1+||0.00 - 1.35||1.35|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2020
Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Education: Mr. Vakaria is CA and pursuing CFA Level II.
Experience: Prior to joining DSP Mutual Fund he has worked with Axis mutual Fund as a Fund Manager.
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The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||500|
|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:||DSP Mutual Fund|
|Return Since Launch:||7.49%|
|Assets:||₹ 14,692 Cr (As on 31-Jan-2020)|
|Expense:||0.21% (As on 31-Jan-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 15-Jul-2016
AMC: DSP Investment Managers Pvt. Ltd.
Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069
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]