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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:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|CCIL T Bill Liquidity Weight||4.21||0.30||0.89||4.41||--||--||--|
|Rank within category||37||41||41||36||--||--||--|
|Number of funds in category||40||42||42||39||36||35||28|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||0.66 (26-Apr-2019 - 28-May-2019)||0.35 (09-Oct-2019 - 08-Nov-2019)|
|Quarter||1.63 (01-Mar-2019 - 02-Jun-2019)||1.14 (09-Aug-2019 - 08-Nov-2019)|
|Year||6.30 (01-Jun-2018 - 02-Jun-2019)||5.70 (08-Nov-2018 - 08-Nov-2019)|
|CCIL T Bill Liquidity Weight*||4.11||0.25||-6.57||-10.84||--||--|
|Rank within category||--||--||--||--||--||--|
|Number of funds in category||--||--||--||--||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||2||2||58|
|Modified Duration (yrs)||--||--||--||--|
|Average Maturity (yrs)||--||--||--||--|
|Yield to Maturity (%)||--||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|HDFC Bank 91-D 17/12/2019||Fixed Deposits||Unrated||0.00 - 0.81||0.81|
|HDFC Bank 91-D 20/02/2020||Fixed Deposits||Unrated||0.00 - 0.40||0.40|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-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.
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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.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||1|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||--|
|Fund House:||DSP Mutual Fund|
|Benchmark:||NIFTY 1D Rate TRI|
|Assets:||₹ 75 Cr (As on 30-Nov-2019)|
|Expense:||0.58% (As on 30-Nov-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]