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:
|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|
|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 (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)|
|CCIL T Bill Liquidity Weight||4.15||0.27||-4.64||-8.65||--||--|
|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
|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||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 84-D||Treasury Bills||SOV||0.00 - 13.07||13.07|
|HPCL 88-D 12/05/2020||Commercial Paper||A1+||0.00 - 5.71||5.05|
|Power Grid Corporation 89-D 15/06/2020||Commercial Paper||A1+||0.00 - 5.03||5.03|
|Reserve Bank of India 91-D 30/07/2020||Treasury Bills||SOV||0.00 - 5.01||5.01|
|Muthoot Finance 91-D 05/05/2020||Commercial Paper||A1+||0.00 - 4.28||3.79|
|Ultratech Cement 90-D 20/05/2020||Commercial Paper||A1+||0.00 - 4.28||3.78|
|Reliance Jio Infocomm 90-D 28/05/2020||Commercial Paper||A1+||0.00 - 4.27||3.78|
|Larsen & Toubro 73-D 18/05/2020||Commercial Paper||A1+||0.00 - 7.13||3.78|
|Reserve Bank of India 77-D||Treasury Bills||SOV||0.00 - 3.77||3.77|
|6.83% REC 29/06/2020||Debenture||AAA||0.00 - 3.32||2.91|
|Redington India 90-D 28/05/2020||Commercial Paper||A1+||0.00 - 2.84||2.52|
|Indian Oil Corp. 78-D 08/05/2020||Commercial Paper||A1+||0.00 - 4.28||2.52|
|Manappuram Finance 89-D 10/06/2020||Commercial Paper||A1+||0.00 - 2.84||2.51|
|Axis Bank 26/06/2020||Certificate of Deposit||A1+||0.00 - 2.84||2.51|
|Reliance Industries 85-D 17/07/2020||Commercial Paper||A1+||0.00 - 2.50||2.50|
|Reliance Industries 91-D 15/07/2020||Commercial Paper||A1+||0.00 - 2.50||2.50|
|Kotak Mahindra Prime 264-D 20/07/2020||Commercial Paper||A1+||0.00 - 2.49||2.49|
|Export-Import Bank 24/06/2020||Certificate of Deposit||A1+||0.00 - 2.41||2.13|
|Indian Oil Corp. 76-D 23/06/2020||Commercial Paper||A1+||0.00 - 1.88||1.88|
|Axis Bank 29/06/2020||Certificate of Deposit||A1+||0.00 - 2.07||1.83|
|7.42% Power Finance Corp. 26/06/2020||Debenture||AAA||0.00 - 1.88||1.65|
|Bajaj Finance 364-D 26/06/2020||Commercial Paper||A1+||0.00 - 1.70||1.50|
|Reserve Bank of India 91-D 11/06/2020||Treasury Bills||SOV||0.00 - 1.38||1.38|
|Hero FinCorp 91-D 14/05/2020||Commercial Paper||A1+||0.00 - 1.43||1.26|
|Godrej Consumer Products 90-D 10/06/2020||Commercial Paper||A1+||0.00 - 1.26||1.26|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2020
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.
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.
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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.
|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.
|Fund House:||Invesco Mutual Fund|
|Return Since Launch:||7.71%|
|Assets:||₹ 4,493 Cr (As on 31-May-2020)|
|Expense:||0.22% (As on 30-Apr-2020)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
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
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]