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2 star

Invesco India Liquid Fund


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
Fund 3.50 0.01 0.06 0.28 0.81 1.77 4.50 6.20 6.63 7.28 7.84
CCIL T Bill Liquidity Weight 2.74 0.03 0.07 0.27 0.61 1.26 3.37 3.98 4.14 4.58 4.76
Debt: Liquid 3.39 0.01 0.06 0.28 0.81 1.72 4.36 6.00 6.41 7.10 7.68
Rank within category 25 15 19 13 21 22 25 25 19 15 13
Number of funds in category 42 42 42 42 42 42 42 36 35 34 31

As on 23-Oct-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 4.50 6.20 6.63 0.22 5,282
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.71 6.29 6.68 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.35 6.72 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.70 6.35 6.72 0.30 24,930
Axis Liquid Fund
4 star
Oct-09 4.72 6.34 6.71 0.25 24,817

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) 0.78 (25-Jun-2020 - 24-Sep-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 6.10 0.39 2.63 3.72 0.73 1.88
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75
Rank within category 25 22 22 13 16 23
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

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 47 65 39 36
Modified Duration (yrs) 0.11 0.13 0.09 0.10
Average Maturity (yrs) 0.12 0.13 0.09 0.09
Yield to Maturity (%) 3.34 5.54 3.28 3.38
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
up Export-Import Bank 91-D 13/10/2020 Certificate of Deposit A1+ 0.00 - 4.73 4.73
equal Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 5.52 4.25
equal NTPC 91-D 02/11/2020 Commercial Paper A1+ 0.00 - 3.78 3.78
equal Reserve Bank of India 364-D 29/10/2020 Treasury Bills SOV 0.00 - 4.90 3.78
up Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 3.77 3.77
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 3.56 3.56
new 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 2.87 2.87
new Indian Oil Corp. 56-D 02/11/2020 Commercial Paper A1+ 0.00 - 2.83 2.83
equal Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 2.83 2.83
new National Bank Agr. Rur. Devp 89-D 02/12/2020 Commercial Paper A1+ 0.00 - 2.82 2.82
new Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 2.82 2.82
new Reserve Bank of India 91-D 03/12/2020 Treasury Bills SOV 0.00 - 2.82 2.82
new Kotak Mahindra Prime 64-D 01/12/2020 Commercial Paper A1+ 0.00 - 2.45 2.45
new Grasim Industries 91-D 22/12/2020 Commercial Paper A1+ 0.00 - 2.35 2.35
equal 8.14% LIC Housing Fin. 2020 Debenture AAA 0.00 - 1.90 1.90
new Indian Oil Corp. 56-D 29/10/2020 Commercial Paper A1+ 0.00 - 1.89 1.89
equal Network 18 Media & Inv 91-D 28/10/2020 Commercial Paper A1+ 0.00 - 2.45 1.89
equal Reliance Industries 91-D 09/11/2020 Commercial Paper A1+ 0.00 - 1.89 1.89
equal Reliance Retail Ventures 85-D 20/11/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
new Reliance Retail Ventures 91-D 01/12/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
equal IDFC First Bank 20/11/2020 Certificate of Deposit A1+ 0.00 - 1.88 1.88
equal Muthoot Finance 91-D 17/11/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
equal Standard Chartered Invest&Loan 91-D 17/11/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
new National Bank Agr. Rur. Devp 90-D 28/12/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
new Export-Import Bank 182-D 01/12/2020 Commercial Paper A1+ 0.00 - 1.88 1.88

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-Sep-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:


--

Change from previous, NAV as on 25-Oct-2020

Growth: ₹ 2,773.6113

Dividend Weekly: ₹ 1,003.6451

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Dividend Monthly: ₹ 1,005.3798

Dividend Daily: ₹ 1,002.7594

Bonus: ₹ 2,774.7459


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: 7.59%
Benchmark: CRISIL Liquid TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 5,282 Cr (As on 30-Sep-2020)
Expense: 0.22% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily23-Oct-20200.0836

 22-Oct-20200.0922
 21-Oct-20200.0857
 20-Oct-20200.1025
 19-Oct-20200.0915
 18-Oct-20200.0827
 17-Oct-20200.0826
 16-Oct-20200.0999
 15-Oct-20200.1062
 14-Oct-20200.1044
 13-Oct-20200.1049
 12-Oct-20200.0871
 11-Oct-20200.0847
 10-Oct-20200.0848
 09-Oct-20200.0977
 08-Oct-20200.0893
 07-Oct-20200.1030
 06-Oct-20200.0967
 05-Oct-20200.0930
 04-Oct-20200.0862
 03-Oct-20200.0863
 02-Oct-20200.0862
 01-Oct-20200.0754
 30-Sep-20200.1644
 29-Sep-20200.1028
Dividend Weekly19-Oct-20200.6702

 12-Oct-20200.6458
 05-Oct-20200.7390
 28-Sep-20200.5573
 21-Sep-20200.5558
 14-Sep-20200.5089
 07-Sep-20200.6648
 31-Aug-20200.6245
 24-Aug-20200.6336
 17-Aug-20200.6904
 10-Aug-20200.6403
 03-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
Dividend Monthly29-Sep-20202.7011

 28-Aug-20202.5812
 30-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

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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