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2 star

Invesco India Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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
Fund 2.76 0.01 0.06 0.26 0.96 2.29 5.01 6.44 6.84 7.53 7.91
CCIL T Bill Liquidity Weight* 2.16 0.00 0.02 0.13 0.63 1.82 3.64 4.05 4.27 4.76 4.78
Debt: Liquid* 2.68 0.01 0.06 0.27 0.92 2.20 4.92 6.18 6.58 7.31 7.71

As on 03-Aug-2020

* As on 04-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Liquid Fund  | Invest Online
2 star
Nov-06 5.01 6.44 6.84 0.22 3,670
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.27 6.53 6.88 0.32 57,335
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.31 6.59 6.93 0.30 36,679
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.29 6.59 6.92 0.28 30,604
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.28 6.58 6.91 0.22 27,032

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.45 (24-Mar-2020 - 31-Mar-2020) -0.20 (17-Mar-2020 - 24-Mar-2020)
Month 0.94 (08-Aug-2013 - 09-Sep-2013) 0.12 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.68 (24-Jul-2013 - 23-Oct-2013) 0.94 (26-Apr-2020 - 26-Jul-2020)
Year 9.94 (12-Aug-2011 - 13-Aug-2012) 4.39 (08-Jun-2009 - 08-Jun-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.27 0.33 3.15 4.01 0.56 1.72
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Liquid 6.07 0.50 2.77 3.47 0.65 1.62

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 39 65 39 40
Modified Duration (yrs) 0.12 0.13 0.07 0.11
Average Maturity (yrs) 0.12 0.13 0.07 0.10
Yield to Maturity (%) 3.33 5.88 3.33 3.38

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 9.77 9.77
equal Reliance Industries 91-D 09/07/2020 Commercial Paper A1+ 0.00 - 5.45 5.45
equal Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 5.44 5.44
equal National Housing Bank 89-D 24/08/2020 Commercial Paper A1+ 0.00 - 5.42 5.42
up Reserve Bank of India 182-D 20/08/2020 Treasury Bills SOV 0.00 - 5.16 5.16
new National Bank Agr. Rur. Devp 22/07/2020 Certificate of Deposit A1+ 0.00 - 4.08 4.08
new Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 4.07 4.07
equal Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 4.07 4.07
equal Bajaj Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 4.07 4.07
equal Reliance Jio Infocomm 91-D 26/08/2020 Commercial Paper A1+ 0.00 - 4.07 4.07
new Reserve Bank of India 182-D 30/07/2020 Treasury Bills SOV 0.00 - 3.81 3.81
equal Reserve Bank of India 91-D 07/08/2020 Treasury Bills SOV 0.00 - 3.53 3.53
up HPCL 83-D 28/07/2020 Commercial Paper A1+ 0.00 - 3.40 3.40
equal Power Finance Corp. 90-D 28/07/2020 Commercial Paper A1+ 0.00 - 2.72 2.72
equal Kotak Mahindra Prime 264-D 20/07/2020 Commercial Paper A1+ 0.00 - 2.72 2.72
new Indian Oil Corp. 63-D 17/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
equal Muthoot Finance 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
equal NTPC 91-D 27/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
equal Axis Finance 91-D 10/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
up HDFC 351-D 13/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
equal Ultratech Cement 91-D 19/08/2020 Commercial Paper A1+ 0.00 - 2.71 2.71
new Axis Bank 20/08/2020 Certificate of Deposit A1+ 0.00 - 2.44 2.44
new ONGC 91-D 14/08/2020 Commercial Paper A1+ 0.00 - 2.04 2.04
equal Godrej Industries 91-D 18/08/2020 Commercial Paper A1+ 0.00 - 1.76 1.76
new 7.47% Sundaram Finance 2020 Bonds/NCDs AAA 0.00 - 1.37 1.37

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 30-Jun-2020

Fund Manager

— Abhishek Bandiwdekar since 24-Jul-2018

Education: Mr. Bandiwdekar is B.Com graduate & PGDFM in Finance.

Experience: Prior to joining Invesco Mutual Fund, he has worked with IDBI Asset Management as Senior Manager, STCI Primary Dealer Ltd., A. K. Capital Services Ltd. and Taurus Corporate Advisory Services Ltd.

— Krishna Venkat Cheemalapati since 25-Apr-2011

Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.

Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.

Funds Managed:


0.01%

Change from previous, NAV as on 04-Aug-2020

Growth: ₹ 2,753.5955

Dividend Weekly: ₹ 1,003.3074

More

Dividend Monthly: ₹ 1,003.3883

Dividend Daily: ₹ 1,002.7594

Bonus: ₹ 2,754.5229


Investment Strategy

The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
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: Invesco Mutual Fund
Launch Date: 17-Nov-2006
Return Since Launch: 7.66%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 3,670 Cr (As on 30-Jun-2020)
Expense: 0.22% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily03-Aug-20200.0850

 02-Aug-20200.0912
 01-Aug-20200.0910
 31-Jul-20200.0847
 30-Jul-20200.0880
 29-Jul-20200.0781
 28-Jul-20200.0479
 27-Jul-20200.0686
 26-Jul-20200.0837
 25-Jul-20200.0836
 24-Jul-20200.0854
 23-Jul-20200.0888
 22-Jul-20200.1102
 21-Jul-20200.0647
 20-Jul-20200.0597
 19-Jul-20200.0846
 18-Jul-20200.0848
 17-Jul-20200.0799
 16-Jul-20200.0482
 15-Jul-20200.1186
 14-Jul-20200.0914
 13-Jul-20200.0854
 12-Jul-20200.0834
 11-Jul-20200.0841
 10-Jul-20200.0742
Dividend Weekly03-Aug-20200.5760

 27-Jul-20200.5972
 20-Jul-20200.6789
 13-Jul-20200.7259
 06-Jul-20200.7097
 29-Jun-20200.4988
 22-Jun-20200.6947
 15-Jun-20200.8363
 08-Jun-20200.6523
 01-Jun-20200.8074
 26-May-20200.9452
 18-May-20200.9099
 11-May-20201.0601
 04-May-20201.0293
 27-Apr-20201.0058
 20-Apr-20200.9336
 13-Apr-20200.7376
 07-Apr-20201.2837
 30-Mar-20201.2092
 16-Mar-20200.5322
 09-Mar-20200.9849
 02-Mar-20200.6117
 24-Feb-20200.6593
 17-Feb-20200.7370
 10-Feb-20200.7295
Dividend Monthly30-Jul-20202.6283

 29-Jun-20203.0378
 28-May-20203.9874
 29-Apr-20204.4994
 30-Mar-20203.6061
 27-Feb-20202.7299
 30-Jan-20203.0017
 30-Dec-20193.1272
 28-Nov-20192.9793
 30-Oct-20193.7186
 27-Sep-20192.9481
 29-Aug-20193.4021
 30-Jul-20194.2353
 27-Jun-20193.6668
 30-May-20194.8127
 26-Apr-20194.1796
 28-Mar-20194.0823
 27-Feb-20193.8212
 30-Jan-20194.7301
 28-Dec-20184.2382
 29-Nov-20184.5359
 30-Oct-20184.9220
 27-Sep-20183.8939
 30-Aug-20184.3619
 30-Jul-20184.6553

Contact Information

AMC: Invesco Asset Management (India) Pvt. Ltd

Address: 2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai - 400013

Phone: 022-67310000 / 1800-209-0007

Fax: 022-23019422

Email: [email protected]

Website: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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