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||1.77||-0.01||0.01||0.24||1.17||1.99||4.13||4.19||4.39||4.73||4.79|
|Rank within category||35||39||36||35||34||35||35||33||31||31||26|
|Number of funds in category||41||41||41||41||41||41||41||36||35||34||29|
As on 03-Jun-2020
|Best (Period)||Worst (Period)|
|Week||0.19 (24-Mar-2020 - 31-Mar-2020)||0.00 (17-Mar-2020 - 24-Mar-2020)|
|Month||0.60 (03-Mar-2019 - 02-Apr-2019)||0.27 (30-Apr-2020 - 30-May-2020)|
|Quarter||1.70 (26-Sep-2018 - 26-Dec-2018)||1.01 (29-Feb-2020 - 30-May-2020)|
|Year||6.77 (06-Jun-2018 - 06-Jun-2019)||5.04 (31-May-2019 - 30-May-2020)|
|CCIL T Bill Liquidity Weight||4.15||0.27||-4.64||-8.65||--||--|
|Rank within category||33||14||32||32||20||33|
|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 31-May-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||7||12||7||48|
|Modified Duration (yrs)||0.06||0.12||0.05||--|
|Average Maturity (yrs)||0.07||0.13||0.06||--|
|Yield to Maturity (%)||3.42||6.20||3.42||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 182-D 21/05/2020||Treasury Bills||SOV||0.00 - 11.18||11.18|
|Reserve Bank of India 91-D 07/05/2020||Treasury Bills||SOV||0.00 - 9.33||9.33|
|Reserve Bank of India 91-D 11/06/2020||Treasury Bills||SOV||0.00 - 9.30||9.30|
|Reserve Bank of India 77-D||Treasury Bills||SOV||0.00 - 9.29||9.29|
|Reserve Bank of India 84-D||Treasury Bills||SOV||0.00 - 9.29||9.29|
|Reserve Bank of India 91-D 25/06/2020||Treasury Bills||SOV||0.00 - 9.73||9.28|
|Reserve Bank of India 91-D 28/05/2020||Treasury Bills||SOV||0.00 - 7.45||7.45|
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. Pankaj is a CFA (CFA Institute, USA) and PG Diploma in Banking & Finance (NIBM, Pune).
Experience: Pankaj has over 8 years of experience in Fixed income investments and research. He joined Quantum Asset Management Company in August, 2013 and at present, is Fund Manager for Quantum Dynamic Bond Fund and Quantum Liquid Fund. Prior to joining Quantum, he had worked with Bank of Maharashtra in Treasury Department.
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The scheme aims to provide optimal returns with moderate levels of risk and high liquidity through judicious investments in money market and debt instruments.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||5,000|
|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:||Quantum Mutual Fund|
|Return Since Launch:||7.23%|
|Assets:||₹ 268 Cr (As on 30-Apr-2020)|
|Expense:||0.26% (As on 30-Apr-2020)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Quantum Asset Management Company Private Limited
Address: 7th floor, Hoechst House, Nariman Point, Mumbai - 400021
Phone: 1800-209-3863 / 1800-22-3863 / 91-22-61447800
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]