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3 star

DSP Liquidity 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 1.07 0.01 0.06 0.25 0.78 1.53 3.29 5.55 6.09 6.77 7.54
CCIL T Bill Liquidity Weight 0.63 0.01 0.03 0.14 0.48 0.96 2.23 3.61 3.86 4.31 4.65
Debt: Liquid 1.06 0.01 0.06 0.25 0.77 1.52 3.27 5.36 5.94 6.65 7.44
Rank within category 15 20 14 13 17 16 23 20 19 20 19
Number of funds in category 39 40 40 39 39 39 39 35 34 34 30

As on 05-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Liquidity Fund - Regular Plan  | Invest Online
3 star
Nov-05 3.29 5.55 6.09 0.26 12,853
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.40 5.60 6.14 0.32 37,777
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.45 5.65 6.17 0.33 27,433
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.38 5.65 6.17 0.32 23,219
Axis Liquid Fund
4 star
Oct-09 3.37 5.64 6.18 0.25 21,568

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.51 24-Mar-2020 - 31-Mar-2020 -0.14 17-Mar-2020 - 24-Mar-2020
Month 0.92 08-Aug-2013 - 09-Sep-2013 0.20 23-Feb-2020 - 24-Mar-2020
Quarter 2.62 25-Jul-2013 - 24-Oct-2013 0.72 23-Oct-2020 - 22-Jan-2021
Year 9.87 12-Aug-2011 - 13-Aug-2012 3.29 26-Apr-2020 - 26-Apr-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.44 0.51 2.05 3.95 1.07 1.93
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Liquid 5.24 0.66 1.82 3.48 1.03 1.70
Rank within category 20 25 22 12 29 17
Number of funds in category 36 36 36 35 36 36

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

As on 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 54 54 38 20
Modified Duration (yrs) 0.12 0.12 0.04 --
Average Maturity (yrs) 0.13 0.13 0.05 --
Yield to Maturity (%) 3.40 4.32 2.89 --
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
up Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 9.24 9.00
equal Reserve Bank of India 364-D 13/05/2021 Treasury Bills SOV 0.00 - 4.31 3.89
equal Reserve Bank of India 91-D 11/06/2021 Treasury Bills SOV 0.00 - 4.30 3.88
new Reserve Bank of India 91-D 15/07/2021 Treasury Bills SOV 0.00 - 3.86 3.86
new Reserve Bank of India 91-D 29/07/2021 Treasury Bills SOV 0.00 - 3.51 3.51
down Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 6.03 3.30
new Indian Oil Corp. 11-D 11/05/2021 Commercial Paper A1+ 0.00 - 2.72 2.72
new Indus Towers (Merged) 65-D 30/06/2021 Commercial Paper A1+ 0.00 - 2.32 2.32
new Axis Bank 2021 Certificate of Deposit A1+ 0.00 - 2.32 2.32
equal NLC India 85-D 17/06/2021 Commercial Paper A1+ 0.00 - 2.58 2.32
equal 7.94% GOI 24/05/2021 Central Government Loan SOV 0.00 - 2.24 2.02
equal Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 2.15 1.94
down Reserve Bank of India 364-D 27/05/2021 Treasury Bills SOV 0.00 - 4.30 1.63
equal IDFC First Bank 2021 Certificate of Deposit A1+ 0.00 - 1.72 1.55
equal SIDBI 69-D 24/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal Reliance Industries 80-D 27/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal ICICI Securities 88-D 11/06/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal Indusind Bank 15/06/2021 Certificate of Deposit A1+ 0.00 - 1.72 1.55
equal Bank of Baroda 2021 Certificate of Deposit A1+ 0.00 - 1.72 1.55
equal NLC India 91-D 20/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal Chennai Petroleum Corp. 80-D 03/06/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal ICICI Securities Primary Dealership 56-D 10/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal Reliance Retail Ventures 89-D 12/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
equal Reliance Industries 84-D 28/05/2021 Commercial Paper A1+ 0.00 - 1.72 1.55
new Reliance Jio Infocomm 91-D 19/07/2021 Commercial Paper A1+ 0.00 - 1.54 1.54

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-Apr-2021

*As on 31-Mar-2021

Fund Manager

— Kedar Karnik since 18-Jul-2016

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..

Funds Managed:


0.01%

Change from previous, NAV as on 05-May-2021

Growth: ₹ 2,928.4528

IDCW Weekly: ₹ 1,001.3721

IDCW Daily: ₹ 1,000.9329


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
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: DSP Mutual Fund
Launch Date: 23-Nov-2005
Return Since Launch: 7.20%
Benchmark: CRISIL Liquid TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 12,853 Cr (As on 30-Apr-2021)
Expense: 0.26% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-May-20210.0782

 02-May-20210.0883
 01-May-20210.1704
 29-Apr-20210.0682
 28-Apr-20210.0845
 27-Apr-20210.0840
 26-Apr-20210.0776
 25-Apr-20210.1058
 24-Apr-20210.1684
 22-Apr-20210.0864
 21-Apr-20210.0939
 20-Apr-20210.0847
 19-Apr-20210.0997
 18-Apr-20210.0936
 17-Apr-20210.1692
 15-Apr-20210.0855
 14-Apr-20210.0793
 13-Apr-20210.1703
 11-Apr-20210.0797
 10-Apr-20210.1660
 08-Apr-20210.0667
 07-Apr-20210.0703
 06-Apr-20210.0765
 05-Apr-20210.1055
 04-Apr-20210.1258
IDCW Weekly28-Apr-20210.6071

 21-Apr-20210.6268
 14-Apr-20210.5620
 07-Apr-20210.3783
 03-Apr-20210.9260
 24-Mar-20210.7553
 17-Mar-20210.5989
 10-Mar-20210.5732
 03-Mar-20210.4706
 24-Feb-20210.5739
 17-Feb-20210.7453
 10-Feb-20210.6152
 03-Feb-20210.6332
 27-Jan-20210.6115
 20-Jan-20210.5331
 13-Jan-20210.4986
 06-Jan-20210.4889
 30-Dec-20200.6407
 23-Dec-20200.5867
 16-Dec-20200.5465
 09-Dec-20200.5545
 02-Dec-20200.4400
 25-Nov-20200.5163
 18-Nov-20200.6179
 11-Nov-20200.6216

Contact Information

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

Phone: 022-66178000

Fax: 022-56578181

Website: https://www.dspim.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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