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Unrated

DSP Liquid ETF


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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.05 0.01 0.04 0.21 0.63 1.28 2.59 3.97 -- -- --
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 3.34 -- -- --
Debt: Liquid 2.47 0.01 0.07 0.26 0.79 1.58 3.12 4.81 -- -- --
Rank within category 40 30 42 41 41 40 39 36 -- -- --
Number of funds in category 41 42 42 42 42 41 41 38 35 34 32

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Liquid ETF
Unrated
Mar-18 2.59 3.97 -- 0.63 127
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.16 5.00 5.76 0.32 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.18 5.04 5.79 0.32 28,554
Axis Liquid Fund
4 star
Oct-09 3.20 5.02 5.80 0.25 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.14 5.03 5.79 0.32 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.30 19-Mar-2020 - 26-Mar-2020 0.01 26-Mar-2020 - 02-Apr-2020
Month 0.66 26-Apr-2019 - 28-May-2019 0.15 27-Mar-2020 - 26-Apr-2020
Quarter 1.63 01-Mar-2019 - 02-Jun-2019 0.57 26-Mar-2020 - 25-Jun-2020
Year 6.30 01-Jun-2018 - 02-Jun-2019 2.49 26-Mar-2020 - 26-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.95 0.46 0.00 0.02 0.89 0.54
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44
Rank within category 36 8 36 36 7 36
Number of funds in category 38 38 38 38 38 38

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 1 -- 34
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating Cash -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Citibank N A. 91-D 06/10/2021 Fixed Deposits Unrated 0.00 - 0.32 0.32

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-Sep-2021

Fund Manager

— Anil Ghelani since 24-Jul-2019

Education: Mr. Ghelani has done B. Com., CFA & CA

Experience: Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.

Funds Managed:

— Diipesh Shah since 01-Nov-2020

Education: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared

Experience: Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.

Funds Managed:


0.01%

Change from previous, NAV as on 14-Oct-2021

IDCW Daily: ₹ 1,000.0000


Investment Strategy

The Scheme seeks to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Collateralized Borrowing & Lending Obligation (CBLO), Repo in Government Securities, Reverse Repos and similar other overnight instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 1
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 14-Mar-2018
Return Since Launch: 4.33%
Benchmark: NIFTY 1D Rate Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 127 Cr (As on 30-Sep-2021)
Expense: 0.63% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily13-Oct-20210.0693

 12-Oct-20210.0661
 11-Oct-20210.0658
 10-Oct-20210.0035
 09-Oct-20210.1344
 07-Oct-20210.0667
 06-Oct-20210.0683
 05-Oct-20210.0675
 04-Oct-20210.0686
 03-Oct-20210.0690
 02-Oct-20210.1452
 30-Sep-20210.0726
 29-Sep-20210.0759
 28-Sep-20210.0739
 27-Sep-20210.0726
 26-Sep-20210.0721
 25-Sep-20210.1457
 23-Sep-20210.0725
 22-Sep-20210.0728
 21-Sep-20210.0728
 20-Sep-20210.0725
 19-Sep-20210.0772
 18-Sep-20210.1444
 16-Sep-20210.0721
 15-Sep-20210.0716

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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over