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Invesco India Liquid Fund


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Analyst's Choice?

Suitability:

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

  • 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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(₹)
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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 2.18 0.01 0.04 0.39 1.31 2.56 5.57 6.63 7.00 7.62 7.94
CCIL T Bill Liquidity Weight 1.77 -0.01 0.01 0.24 1.17 1.99 4.13 4.19 4.39 4.73 4.79
Debt: Liquid 2.08 0.01 0.05 0.35 1.22 2.46 5.43 6.43 6.78 7.44 7.80
Rank within category 25 33 41 19 24 25 26 23 17 15 13
Number of funds in category 42 42 42 42 42 42 42 36 35 34 29

As on 03-Jun-2020

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) 0.97 (24-Dec-2019 - 24-Mar-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 6.45 0.26 4.10 5.94 0.32 1.47
CCIL T Bill Liquidity Weight 4.15 0.27 -4.64 -8.65 -- --
Debt: Liquid 6.26 0.47 3.60 5.39 0.45 1.44
Rank within category 23 20 20 21 14 24
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 31-May-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 44 78 40 48
Modified Duration (yrs) 0.11 0.12 0.07 --
Average Maturity (yrs) 0.12 0.13 0.07 --
Yield to Maturity (%) 4.68 6.79 4.14 --

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 Treasury Bills SOV 0.00 - 13.07 13.07
equal HPCL 88-D 12/05/2020 Commercial Paper A1+ 0.00 - 5.71 5.05
new Power Grid Corporation 89-D 15/06/2020 Commercial Paper A1+ 0.00 - 5.03 5.03
new Reserve Bank of India 91-D 30/07/2020 Treasury Bills SOV 0.00 - 5.01 5.01
equal Muthoot Finance 91-D 05/05/2020 Commercial Paper A1+ 0.00 - 4.28 3.79
equal Ultratech Cement 90-D 20/05/2020 Commercial Paper A1+ 0.00 - 4.28 3.78
equal Reliance Jio Infocomm 90-D 28/05/2020 Commercial Paper A1+ 0.00 - 4.27 3.78
down Larsen & Toubro 73-D 18/05/2020 Commercial Paper A1+ 0.00 - 7.13 3.78
new Reserve Bank of India 77-D Treasury Bills SOV 0.00 - 3.77 3.77
equal 6.83% REC 29/06/2020 Debenture AAA 0.00 - 3.32 2.91
equal Redington India 90-D 28/05/2020 Commercial Paper A1+ 0.00 - 2.84 2.52
down Indian Oil Corp. 78-D 08/05/2020 Commercial Paper A1+ 0.00 - 4.28 2.52
equal Manappuram Finance 89-D 10/06/2020 Commercial Paper A1+ 0.00 - 2.84 2.51
equal Axis Bank 26/06/2020 Certificate of Deposit A1+ 0.00 - 2.84 2.51
new Reliance Industries 85-D 17/07/2020 Commercial Paper A1+ 0.00 - 2.50 2.50
new Reliance Industries 91-D 15/07/2020 Commercial Paper A1+ 0.00 - 2.50 2.50
new Kotak Mahindra Prime 264-D 20/07/2020 Commercial Paper A1+ 0.00 - 2.49 2.49
equal Export-Import Bank 24/06/2020 Certificate of Deposit A1+ 0.00 - 2.41 2.13
new Indian Oil Corp. 76-D 23/06/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
equal Axis Bank 29/06/2020 Certificate of Deposit A1+ 0.00 - 2.07 1.83
equal 7.42% Power Finance Corp. 26/06/2020 Debenture AAA 0.00 - 1.88 1.65
equal Bajaj Finance 364-D 26/06/2020 Commercial Paper A1+ 0.00 - 1.70 1.50
up Reserve Bank of India 91-D 11/06/2020 Treasury Bills SOV 0.00 - 1.38 1.38
equal Hero FinCorp 91-D 14/05/2020 Commercial Paper A1+ 0.00 - 1.43 1.26
new Godrej Consumer Products 90-D 10/06/2020 Commercial Paper A1+ 0.00 - 1.26 1.26

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-Apr-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 03-Jun-2020

Growth: ₹ 2,737.9073

Dividend Weekly: ₹ 1,003.5423

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Dividend Monthly: ₹ 1,003.3160

Dividend Daily: ₹ 1,002.7594

Bonus: ₹ 2,738.6829


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: 7.71%
Benchmark: CRISIL Liquid
Riskometer: Low
Type: Open-ended
Assets: ₹ 4,493 Cr (As on 31-May-2020)
Expense: 0.22% (As on 30-Apr-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily03-Jun-20200.0661

 02-Jun-20200.0350
 01-Jun-20200.0901
 31-May-20200.0929
 30-May-20200.0819
 28-May-20200.1117
 27-May-20200.0596
 25-May-20200.1131
 24-May-20200.1131
 23-May-20200.1132
 22-May-20200.1054
 21-May-20200.1092
 20-May-20200.1204
 19-May-20200.1238
 18-May-20200.1464
 17-May-20200.1257
 16-May-20200.1260
 15-May-20200.1266
 14-May-20200.1230
 13-May-20200.1233
 12-May-20200.1279
 11-May-20200.1101
 10-May-20200.1279
 09-May-20200.1285
 08-May-20200.2363
Dividend Weekly01-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
 03-Feb-20200.6937
 27-Jan-20200.6860
 20-Jan-20200.6826
 13-Jan-20200.6267
 06-Jan-20200.7161
 30-Dec-20190.7039
 23-Dec-20190.6756
 16-Dec-20190.6914
 09-Dec-20190.6976
Dividend Monthly28-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
 28-Jun-20184.2654
 30-May-20184.5483

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: 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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dateFriday, 12-Jun-2020
time12:30 PM - 01:00 PM