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1 star

ITI Liquid Fund - Regular Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 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 2.14 0.01 0.06 0.26 0.76 1.51 2.94 -- -- -- --
CCIL T Bill Liquidity Weight 1.51 0.00 0.04 0.17 0.62 1.10 2.18 -- -- -- --
Debt: Liquid 2.27 0.01 0.06 0.26 0.80 1.60 3.14 -- -- -- --
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

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ITI Liquid Fund - Regular Plan
1 star
Apr-19 2.94 -- -- 0.23 110
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.18 5.08 5.81 0.32 41,512
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.19 5.13 5.84 0.32 32,671
Axis Liquid Fund
4 star
Oct-09 3.22 5.12 5.85 0.25 26,753
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.17 5.12 5.84 0.32 24,715

Best & Worst Performance

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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: Liquid* 4.79 0.65 1.62 5.20 1.03 1.44
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

* As on 31-Aug-2021

Portfolio Aggregates

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 -- -- --

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 364-D 02/09/2021 Treasury Bills SOV 0.00 - 45.52 45.52
new Reserve Bank of India 91-D 02/09/2021 Treasury Bills SOV 0.00 - 22.76 22.76
new 7.47% Power Finance Corporation 16/09/2021 Bonds AAA 0.00 - 10.03 10.03
new 8.90% Aditya Birla Finance 24/09/2021 Debenture AAA 0.00 - 9.14 9.14

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 31-Aug-2021

Fund Manager

— George Heber Joseph since 24-Apr-2019

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.

Funds Managed:

— Vikrant Mehta since 18-Jan-2021

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.

Funds Managed:


0.01%

Change from previous, NAV as on 21-Sep-2021

Growth: ₹ 1,093.0682

IDCW Yearly: ₹ 1,095.1408

More

IDCW Monthly: ₹ 1,003.1167

IDCW Fortnightly: ₹ 1,023.1993

IDCW Daily: ₹ 1,001.0000


Investment Strategy

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.

Investment Details

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.

Basic Details

Fund House: ITI Mutual Fund
Launch Date: 24-Apr-2019
Return Since Launch: 3.76%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 110 Cr (As on 31-Aug-2021)
Expense: 0.23% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily21-Sep-20210.0858

 20-Sep-20210.0832
 19-Sep-20210.0857
 18-Sep-20210.0858
 17-Sep-20210.0818
 16-Sep-20210.0850
 15-Sep-20210.0826
 14-Sep-20210.0809
 13-Sep-20210.0799
 12-Sep-20210.0910
 11-Sep-20210.0914
 10-Sep-20210.0903
 09-Sep-20210.0559
 08-Sep-20210.0807
 07-Sep-20210.0795
 06-Sep-20210.0820
 05-Sep-20210.0780
 04-Sep-20210.0802
 03-Sep-20210.0806
 02-Sep-20210.0810
 01-Sep-20210.0789
 31-Aug-20210.0899
 30-Aug-20210.0783
 29-Aug-20210.0807
 28-Aug-20210.0810
IDCW Weekly20-Sep-20210.5732

 13-Sep-20210.5539
 06-Sep-20210.5461
 30-Aug-20210.5757
 23-Aug-20210.4652
 17-Aug-20210.6368
 09-Aug-20210.5437
 02-Aug-20210.5759
 26-Jul-20210.5915
 19-Jul-20210.5820
 12-Jul-20210.5908
 05-Jul-20210.5952
 28-Jun-20210.6152
 21-Jun-20210.5957
 14-Jun-20210.5612
 07-Jun-20210.5840
 31-May-20210.5669
 24-May-20210.5788
 17-May-20210.5792
 10-May-20210.5723
 03-May-20210.5514
 26-Apr-20210.5597
 19-Apr-20210.5620
 12-Apr-20210.5266
 05-Apr-20210.4866
IDCW Fortnightly13-Sep-20211.0459

 25-Aug-20210.7234
 10-Aug-20210.7206
 26-Jul-20210.6855
 12-Jul-20210.9229
 25-Jun-20210.8363
 10-Jun-20210.8242
 25-May-20210.7558
 10-May-20210.6524
 26-Apr-20210.6538
 12-Apr-20210.9439
 25-Mar-20210.7276
 10-Mar-20210.5748
 25-Feb-20210.6135
 10-Feb-20210.8191
 25-Jan-20210.6543
 11-Jan-20210.6386
 28-Dec-20200.9726
 10-Dec-20200.6929
 25-Nov-20200.6057
 10-Nov-20200.7042
 26-Oct-20200.6223
 12-Oct-20200.9187
 25-Sep-20200.7431
 10-Sep-20200.7666
IDCW Monthly25-Aug-20212.3998

 26-Jul-20212.6283
 25-Jun-20212.5914
 25-May-20212.4074
 26-Apr-20212.5950
 25-Mar-20212.2855
 25-Feb-20212.3879
 25-Jan-20212.1701
 28-Dec-20202.5434
 25-Nov-20202.2103
 26-Oct-20202.5372
 25-Sep-20202.4452
 25-Aug-20202.2630
 27-Jul-20202.5021
 25-Jun-20202.1996
 26-May-20202.2258
 27-Apr-20201.8814
 26-Mar-20202.6377
 25-Feb-20202.7553
 27-Jan-20202.7505
 26-Dec-20192.7588
 25-Nov-20192.5568
 28-Oct-20193.2478
 25-Sep-20192.9515
 26-Aug-20193.2473

Contact Information

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]

Website: http://www.itiamc.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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