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DSP Liquid ETF - Regular Plan

Debt: Liquid


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:

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -- -- -- -- -- -- -- -- -- -- --

As on

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Liquid ETF - Regular Plan
Mar-18 -- -- -- 0.60 95
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.54 6.62 6.96 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.60 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.56 6.68 6.99 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.55 6.67 6.99 0.22 29,605

Best & Worst Performance

Best (Period) Worst (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) 4.18 (04-Jul-2019 - 03-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --

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

As on

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 2 2 -- 51
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC Bank 91-D 16/06/2020 Fixed Deposits Unrated 0.00 - 0.73 0.64
new HDFC Bank 91-D 20/08/2020 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 31-May-2020

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:


Change from previous, NAV as on 08-Jul-2020

Dividend 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 (₹) --
Exit Load 0

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 14-Mar-2018
Return Since Launch: --
Benchmark: NIFTY 1D Rate TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 95 Cr (As on 31-May-2020)
Expense: 0.60% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily06-Jul-20200.0708


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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