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:
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Motilal Oswal Liquid Fund - Unclaimed||Jun-19||--||--||--||--||610|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||5.53||6.61||6.95||0.32||57,566|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||5.59||6.67||7.00||0.30||43,090|
|Nippon India Liquid Fund | Invest Online||Dec-03||5.55||6.67||6.99||0.27||31,728|
|Axis Liquid Fund | Invest Online||Oct-09||5.54||6.66||6.99||0.22||27,032|
|Best (Period)||Worst (Period)|
|Week||0.14 (31-Jul-2019 - 07-Aug-2019)||0.02 (23-Mar-2020 - 30-Mar-2020)|
|Month||0.49 (09-Jul-2019 - 08-Aug-2019)||0.24 (27-May-2020 - 26-Jun-2020)|
|Quarter||1.35 (18-Jun-2019 - 17-Sep-2019)||0.88 (23-Mar-2020 - 22-Jun-2020)|
|Year||4.73 (18-Jun-2019 - 17-Jun-2020)||4.62 (04-Jul-2019 - 03-Jul-2020)|
The Risk Measures have been calculated using calendar month returns for the last three years.
|Fund||1Y High||1Y Low||Category|
|Number of Securities||5||5||1||57|
|Modified Duration (yrs)||0.15||0.17||0.01||--|
|Average Maturity (yrs)||0.15||0.17||0.01||--|
|Yield to Maturity (%)||3.38||6.16||3.38||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 25/06/2020||Treasury Bills||SOV||0.00 - 37.01||28.63|
|Reserve Bank of India 91-D 11/06/2020||Treasury Bills||SOV||0.00 - 31.77||24.57|
|Reserve Bank of India 364-D 02/07/2020||Treasury Bills||SOV||0.00 - 9.33||8.17|
|Axis Bank 24/07/2020||Certificate of Deposit||A1+||0.00 - 4.08||4.08|
|National Bank Agr. Rur. Devp 2020||Certificate of Deposit||A1+||0.00 - 4.07||4.07|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2020
Education: Mr. Abhiroop Mukherjee holds B.Com from Calcutta University & PGPBF (Finance) from National Institute of Bank Management.
Experience: Prior to joining Motilal Oswal AMC, he has worked with PNB Gilts Ltd. Mumbai.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The Scheme seeks to generate optimal returns with high liquidity to the investors through a portfolio of money market securities.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||500|
|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:||Motilal Oswal Mutual Fund|
|Return Since Launch:||--|
|Assets:||₹ 610 Cr (As on 31-May-2020)|
|Expense:||-- (As on )|
AMC: Motilal Oswal Asset Management Company Ltd.
Address: Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025
Phone: 022-39804238 / 1800-200-6626
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]