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Unrated

DSP Liquid ETF


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

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
Unrated
Mar-18 -- -- -- 0.62% 119
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.19 4.77 5.65 0.32% 37,504
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.19 4.80 5.69 0.32% 27,208
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.23 4.82 5.69 0.32% 27,111
Axis Liquid Fund
4 star
Oct-09 3.25 4.81 5.70 0.26% 26,451

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 3.77 0.44 -0.04 -0.34 0.85 0.50

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 1 -- 20
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
new Citibank N A. 91-D 05/01/2022 Fixed Deposits Unrated 0.00 - 0.34 0.34

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-Oct-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:


0.00

Change from previous, NAV as on 07-Dec-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: --
Benchmark: NIFTY 1D Rate Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 119 Cr (As on 31-Oct-2021)
Expense: 0.62% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Dec-20210.0727

 05-Dec-20210.0721
 04-Dec-20210.1575
 02-Dec-20210.0787
 01-Dec-20210.0718
 30-Nov-20210.0725
 29-Nov-20210.0761
 28-Nov-20210.0754
 27-Nov-20210.1447
 25-Nov-20210.0720
 24-Nov-20210.0721
 23-Nov-20210.0738
 22-Nov-20210.0798
 21-Nov-20210.0886
 20-Nov-20210.2472
 17-Nov-20210.0821
 16-Nov-20210.0722
 15-Nov-20210.0727
 14-Nov-20210.0721
 13-Nov-20210.1438
 11-Nov-20210.0715
 10-Nov-20210.0707
 09-Nov-20210.0718
 08-Nov-20210.0728
 07-Nov-20210.0721

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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