1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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||2.06||0.00||0.04||0.22||0.84||1.94||3.85||--||--||--||--|
|Rank within category||40||32||35||39||39||40||38||--||--||--||--|
|Number of funds in category||42||42||42||42||42||42||42||36||35||34||31|
As on 14-Jul-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|ITI Liquid Fund - Regular Plan | Invest Online||Apr-19||4.20||--||--||0.23||34|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||5.48||6.60||6.94||0.32||57,335|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||5.53||6.65||6.98||0.30||36,679|
|Nippon India Liquid Fund | Invest Online||Dec-03||5.50||6.66||6.98||0.28||30,604|
|Axis Liquid Fund | Invest Online||Oct-09||5.49||6.65||6.97||0.22||27,032|
|Best (Period)||Worst (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)||4.21 (12-Jul-2019 - 11-Jul-2020)|
|CCIL T Bill Liquidity Weight*||4.07||0.28||-4.34||-7.86||--||--|
|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 30-Jun-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||1||4||1||40|
|Modified Duration (yrs)||--||0.01||0.01||0.12|
|Average Maturity (yrs)||0.01||0.09||0.00||0.10|
|Yield to Maturity (%)||2.95||5.56||0.69||3.29|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 16/07/2020||Treasury Bills||SOV||0.00 - 14.53||14.53|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
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. Mody has done B.Com & MBA in Finance
Experience: Prior to joining ITI Mutual Fund he has worked with ZyFin Research Private Ltd, Sahara India Life Insurance Company Ltd, He was also associated with Darashaw and BRICS securities.
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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|
|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:||4.56%|
|Assets:||₹ 34 Cr (As on 30-Jun-2020)|
|Expense:||0.23% (As on 30-Jun-2020)|
|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]