1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL T Bill Liquidity Weight||1.51||0.00||0.04||0.17||0.62||1.10||2.18||--||--||--||--|
|Rank within category||35||6||12||36||35||34||35||--||--||--||--|
|Number of funds in category||41||42||42||42||42||41||41||37||35||34||32|
As on 21-Sep-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|ITI Liquid Fund - Regular Plan||Apr-19||2.94||--||--||0.23||110|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||3.18||5.08||5.81||0.32||41,512|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||3.19||5.13||5.84||0.32||32,671|
|Axis Liquid Fund||Oct-09||3.22||5.12||5.85||0.25||26,753|
|Nippon India Liquid Fund | Invest Online||Dec-03||3.17||5.12||5.84||0.32||24,715|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.13||24-May-2019 - 31-May-2019||0.01||26-Mar-2020 - 02-Apr-2020|
|Month||0.54||01-May-2019 - 31-May-2019||0.16||23-Mar-2020 - 22-Apr-2020|
|Quarter||1.50||24-Apr-2019 - 24-Jul-2019||0.62||23-Mar-2020 - 22-Jun-2020|
|Year||4.96||24-Apr-2019 - 23-Apr-2020||2.77||23-Mar-2020 - 23-Mar-2021|
|CCIL T Bill Liquidity Weight*||3.37||0.39||-1.71||-4.34||--||--|
|Rank within category||--||--||--||--||--||--|
|Number of funds in category||--||--||--||--||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 31-Aug-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||4||5||1||37|
|Modified Duration (yrs)||0.01||0.05||0.00||0.08|
|Average Maturity (yrs)||0.01||0.05||0.00||0.08|
|Yield to Maturity (%)||3.09||3.36||2.48||3.27|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 364-D 02/09/2021||Treasury Bills||SOV||0.00 - 45.52||45.52|
|Reserve Bank of India 91-D 02/09/2021||Treasury Bills||SOV||0.00 - 22.76||22.76|
|7.47% Power Finance Corporation 16/09/2021||Bonds||AAA||0.00 - 10.03||10.03|
|8.90% Aditya Birla Finance 24/09/2021||Debenture||AAA||0.00 - 9.14||9.14|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Aug-2021
Education: Mr George holds dual Bachelor's Degrees in English Language & Literature and Commerce. He is a qualified CA from Institute of Chartered Accountants of India, New Delhi and a Cost and Management Accountant from Institute of Cost Accountants of India, Kolkata.
Experience: Prior to joining ITI Asset Management Ltd., he has worked with ICICI Prudential Asset Management Ltd., Tanfac Industries Ltd. (Aditya Birla Group), Cholamandalam Investments & Finance Co. Ltd., Met Life India, Wipro and DSP Merrill Lynch Ltd. based in India and abroad. His last stint was at ICICI Prudential Asset Management Co. Ltd. Mumbai, where he spent more than a decade managing some of the large flagship fund strategies in the equity and hybrid categories with assets under management exceeding Rs. 10,000 crores. All funds (Multicap, ELSS – Long Term Equity Fund, Child Care) and discretionary portfolios (Wellness, Exports, Flexicap, Largecap, PIPE/Smallcap) managed by him during this entire period were excellent performers in their respective categories. There, he was designated as Senior Fund Manager (Vice President Grade) based in Mumbai, India and was one of the Key Management Personnel in the company and was part of the investment management team. He is known for his focus on extensive bottom-up research and stock-picking capabilities, has overseen fund managers activities and managed various research analysts during his tenure.
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks 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 (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||1|
|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.
|Fund House:||ITI Mutual Fund|
|Return Since Launch:||3.76%|
|Benchmark:||CRISIL Liquid Fund Index|
|Riskometer:||Low to Moderate|
|Assets:||₹ 110 Cr (As on 31-Aug-2021)|
|Expense:||0.23% (As on 31-Aug-2021)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: ITI Asset Management Ltd.
Address: Naman Midtown 'A' - Wing, 21st Floor, Senapati Bapat Marg, Prabhadevi Mumbai - 400013
Phone: 1800-266-9603 / 022-66214999
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]