1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL T Bill Liquidity Weight||2.75||0.01||0.07||0.25||0.62||1.30||3.29||3.95||4.14||4.57||4.76|
|Rank within category||12||25||21||23||23||20||12||14||12||13||15|
|Number of funds in category||40||40||40||40||40||40||40||36||35||34||31|
As on 27-Oct-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|L&T Liquid Fund | Invest Online||Oct-00||4.61||6.25||6.65||0.20||7,227|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||4.68||6.28||6.67||0.32||44,170|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||4.71||6.33||6.71||0.31||32,611|
|Nippon India Liquid Fund | Invest Online||Dec-03||4.67||6.33||6.70||0.30||24,930|
|Axis Liquid Fund||Oct-09||4.69||6.32||6.70||0.25||24,817|
|Best (Period)||Worst (Period)|
|Week||0.63 (24-Mar-2020 - 31-Mar-2020)||-0.29 (17-Mar-2020 - 24-Mar-2020)|
|Month||1.00 (24-Mar-2020 - 23-Apr-2020)||0.05 (23-Feb-2020 - 24-Mar-2020)|
|Quarter||2.67 (25-Jul-2013 - 24-Oct-2013)||0.78 (25-Jun-2020 - 24-Sep-2020)|
|Year||9.83 (12-Sep-2011 - 11-Sep-2012)||4.11 (06-Jul-2009 - 06-Jul-2010)|
|CCIL T Bill Liquidity Weight||3.90||0.32||-3.63||-6.95||--||--|
|Rank within category||13||21||13||8||18||14|
|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 30-Sep-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||22||52||22||36|
|Modified Duration (yrs)||0.09||0.15||0.07||0.10|
|Average Maturity (yrs)||0.10||0.16||0.07||0.09|
|Yield to Maturity (%)||3.34||5.43||3.27||3.38|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 182-D 12/11/2020||Treasury Bills||SOV||0.00 - 13.79||13.79|
|Reserve Bank of India 91-D 26/11/2020||Treasury Bills||SOV||0.00 - 9.64||9.64|
|Reserve Bank of India 182-D 29/10/2020||Treasury Bills||SOV||0.00 - 6.90||6.90|
|Reserve Bank of India 182-D 26/11/2020||Treasury Bills||SOV||0.00 - 6.20||6.20|
|Reserve Bank of India 91-D 03/12/2020||Treasury Bills||SOV||0.00 - 6.19||6.19|
|Reserve Bank of India 91-D 22/10/2020||Treasury Bills||SOV||0.00 - 5.87||5.87|
|Reserve Bank of India 91-D 05/11/2020||Treasury Bills||SOV||0.00 - 5.52||5.52|
|Reliance Industries 91-D 23/10/2020||Commercial Paper||A1+||0.00 - 3.45||3.45|
|National Bank Agr. Rur. Devp 89-D 10/11/2020||Commercial Paper||A1+||0.00 - 3.45||3.45|
|Reserve Bank of India 91-D 29/10/2020||Treasury Bills||SOV||0.00 - 3.29||3.11|
|National Bank Agr. Rur. Devp 90-D 28/12/2020||Commercial Paper||A1+||0.00 - 2.75||2.75|
|ICICI Securities 78-D 27/11/2020||Commercial Paper||A1+||0.00 - 2.75||2.75|
|Indian Oil Corp. 77-D 23/11/2020||Commercial Paper||A1+||0.00 - 2.75||2.75|
|Reserve Bank of India 182-D 03/12/2020||Treasury Bills||SOV||0.00 - 2.75||2.75|
|Reserve Bank of India 182-D 19/11/2020||Treasury Bills||SOV||0.00 - 1.93||1.93|
|Reliance Industries 91-D 03/11/2020||Commercial Paper||A1+||0.00 - 1.38||1.38|
|Reliance Industries 91-D 02/11/2020||Commercial Paper||A1+||0.00 - 1.38||1.38|
|8.95% Reliance Jio Infocomm 2020||Debenture||AAA||0.00 - 1.05||1.05|
|Tata Power Renewable Energy 87-D 11/12/2020||Commercial Paper||A1+||0.00 - 0.69||0.69|
|Network 18 Media & Inv 91-D 16/10/2020||Commercial Paper||A1+||0.00 - 0.69||0.69|
|7.40% HDFC 17/11/2020||Non Convertible Debenture||AAA||0.00 - 0.37||0.37|
|TV18 Broadcast 91-D 19/10/2020||Commercial Paper||A1+||0.00 - 0.35||0.35|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Sep-2020
Education: Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience: Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Education: Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience: Prior to joining L&T Mutual Fund he has worked with FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
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The fund seeks to generate reasonable returns while maintaining safety and providing the investor superior liquidity, investing predominately in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.
|Minimum Investment (₹)||10,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1,000|
|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:||L&T Mutual Fund|
|Return Since Launch:||7.51%|
|Benchmark:||NIFTY Liquid Fund TRI|
|Assets:||₹ 7,227 Cr (As on 30-Sep-2020)|
|Expense:||0.20% (As on 30-Sep-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: L&T Investment Management Ltd
Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098
Phone: 022-66554000 / 1800-2000-400
Email: [email protected]
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]