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3 star

L&T Liquid Fund download report


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.04 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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(₹)
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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
L&T Liquid-G 1.83 0.01 0.09 0.39 1.01 1.88 3.55 4.08 5.31 5.93 6.86
CCIL T Bill Liquidity Weight 0.83 -0.02 0.06 0.18 0.33 0.88 1.92 2.68 3.31 3.68 4.25
Debt: Liquid 1.79 0.01 0.09 0.38 0.97 1.83 3.47 3.94 5.20 5.81 6.77
Rank within category 10 34 22 19 6 9 18 17 13 13 13
Number of funds in category 40 40 40 40 40 40 40 39 33 32 31

As on 27-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
L&T Liquid Fund  | Invest Online
3 star
Oct-00 3.55 4.08 5.31 0.20% 7,482
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.57 4.09 5.33 0.24% 32,789
Axis Liquid Fund
4 star
Oct-09 3.59 4.14 5.37 0.20% 25,219
Baroda BNP Paribas Liquid Fund
4 star
Feb-09 3.62 4.11 5.34 0.26% 7,120
Mirae Asset Cash Management Fund  | Invest Online
4 star
Jan-09 3.56 4.10 5.32 0.27% 3,623

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.73 22-Oct-2020 - 21-Jan-2021
Year 9.83 12-Sep-2011 - 11-Sep-2012 3.16 26-Oct-2020 - 26-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
L&T Liquid-G 4.06 0.35 1.60 7.01 0.77 1.18
CCIL T Bill Liquidity Weight 2.69 0.37 -2.20 -4.41 -- --
Debt: Liquid 3.92 0.34 1.19 5.52 0.69 0.98
Rank within category 17 23 13 17 25 17
Number of funds in category 39 39 39 39 39 39

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

As on 31-May-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 51 51 24 48
Modified Duration (yrs) 0.08 0.13 0.04 --
Average Maturity (yrs) 0.09 0.13 0.04 --
Yield to Maturity (%) 4.64 4.64 3.18 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 2.86 2.86
new Tata Power Renewable Energy 32-D 20/06/2022 Commercial Paper A1+ 0.00 - 2.67 2.67
equal Reserve Bank of India 364-D 09/06/2022 Treasury Bills SOV 0.00 - 3.97 2.67
new Reserve Bank of India 91-D 13/07/2022 Treasury Bills SOV 0.00 - 2.66 2.66
new Reserve Bank of India 91-D 28/07/2022 Treasury Bills SOV 0.00 - 2.65 2.65
equal Reserve Bank of India 182-D 14/07/2022 Treasury Bills SOV 0.00 - 3.36 2.26
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 3.10 2.08
new Reliance Industries 348-D 29/06/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
new Reliance Jio Infocomm 168-D 24/06/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
new ICICI Securities 49-D 28/06/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
new Jamnagar Utilities and Power 242-D 20/06/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
new Hindustan Petroleum Corporation 46-D 21/06/2022 Commercial Paper A1+ 0.00 - 2.00 2.00
new Axis Bank 15/06/2022 Certificate of Deposit A1+ 0.00 - 2.00 2.00
new Reserve Bank of India 364-D 30/06/2022 Treasury Bills SOV 0.00 - 2.00 2.00
new Hindustan Petroleum Corporation 46-D 22/07/2022 Commercial Paper A1+ 0.00 - 1.99 1.99
new HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 1.99 1.99
new Aditya Birla Finance 56-D 26/07/2022 Commercial Paper A1+ 0.00 - 1.99 1.99
new National Bank Agr. Rur. Devp 88-D 15/07/2022 Commercial Paper A1+ 0.00 - 1.99 1.99
new Export-Import Bank 91-D 29/07/2022 Certificate of Deposit A1+ 0.00 - 1.99 1.99
new Kotak Securities 91-D 26/08/2022 Commercial Paper A1+ 0.00 - 1.98 1.98
new 7.42% LIC Housing Fin. 15/07/2022 Bonds/NCDs AAA 0.00 - 1.78 1.78
equal HDFC Securities 63-D 13/06/2022 Commercial Paper A1+ 0.00 - 2.48 1.67
new Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 1.66 1.66
new Reserve Bank of India 182-D 04/08/2022 Treasury Bills SOV 0.00 - 1.66 1.66
new Reserve Bank of India 91-D 04/08/2022 Treasury Bills SOV 0.00 - 1.66 1.66

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-2022

Fund Manager

— Mahesh A Chhabria since 25-Nov-2021

Education: Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.

Experience: He comes to L&T AMC from Fidelity where he has been for the last 3 years, was previously associated with Birla Sun Life AMCwith RSM & Co.

Funds Managed:

— Shriram Ramanathan since 24-Nov-2012

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.

Funds Managed:


0.01%

Change from previous, NAV as on 27-Jun-2022

Growth: ₹ 2,927.9521

IDCW Weekly: ₹ 1,002.7005

IDCW Daily: ₹ 1,011.7794


Investment Strategy

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.

Investment Details

Min. Investment (₹) 10,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
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.

Basic Details

Fund House: L&T Mutual Fund
Launch Date: 27-Oct-2000
Return Since Launch: 7.06%
Benchmark: NIFTY Liquid Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 7,482 Cr (As on 31-May-2022)
Expense: 0.20% (As on 31-May-2022)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily27-Jun-20220.0920

 26-Jun-20220.2645
 24-Jun-20220.1373
 23-Jun-20220.1564
 22-Jun-20220.1516
 21-Jun-20220.1396
 20-Jun-20220.1463
 19-Jun-20220.2663
 17-Jun-20220.0502
 16-Jun-20220.1271
 15-Jun-20220.1080
 14-Jun-20220.1363
 13-Jun-20220.0934
 12-Jun-20220.2576
 10-Jun-20220.1345
 09-Jun-20220.1362
 08-Jun-20220.2523
 07-Jun-20220.0336
 06-Jun-20220.1158
 05-Jun-20220.2473
 03-Jun-20220.1268
 02-Jun-20220.1218
 01-Jun-20220.1017
 31-May-20220.1228
 30-May-20220.1376
IDCW Weekly27-Jun-20220.9335

 20-Jun-20220.8271
 13-Jun-20220.9000
 06-Jun-20220.8289
 30-May-20220.8706
 23-May-20220.8545
 16-May-20220.8069
 09-May-20220.3941
 02-May-20220.6330
 25-Apr-20220.7215
 18-Apr-20220.6914
 11-Apr-20220.6027
 04-Apr-20220.8935
 28-Mar-20220.6865
 21-Mar-20220.7165
 14-Mar-20220.7005
 07-Mar-20220.6372
 28-Feb-20220.6408
 21-Feb-20220.6822
 14-Feb-20220.8031
 07-Feb-20220.5895
 31-Jan-20220.6473
 24-Jan-20220.5663
 17-Jan-20220.6533
 10-Jan-20220.6696

Contact Information

AMC: L&T Investment Management Ltd

Address: Brindavan Plot No. 177, CST Road Kalina, Santacruz (East) Mumbai - 400098

Phone: 022-66554000 / 1800-2000-400

Fax: 022-66554002

Website: http://www.lntmf.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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