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:
|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||--||--||--||--||728|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||4.88||6.36||6.73||0.32||54,052|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||4.90||6.41||6.78||0.31||39,810|
|Axis Liquid Fund | Invest Online||Oct-09||4.89||6.40||6.77||0.22||28,818|
|UTI Liquid Cash Fund - Regular Plan | Invest Online||Dec-03||4.78||6.36||6.73||0.24||27,459|
|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)||0.23 (01-Jul-2020 - 31-Jul-2020)|
|Quarter||1.35 (18-Jun-2019 - 17-Sep-2019)||0.73 (25-Jun-2020 - 24-Sep-2020)|
|Year||4.73 (18-Jun-2019 - 17-Jun-2020)||4.03 (26-Sep-2019 - 25-Sep-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||7||7||1||42|
|Modified Duration (yrs)||0.02||0.17||0.02||0.08|
|Average Maturity (yrs)||0.09||0.17||0.03||0.08|
|Yield to Maturity (%)||3.33||5.25||3.27||3.31|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 10/09/2020||Treasury Bills||SOV||0.00 - 24.19||20.58|
|Reserve Bank of India 182-D 19/11/2020||Treasury Bills||SOV||0.00 - 17.04||17.04|
|Reserve Bank of India 91-D 24/09/2020||Treasury Bills||SOV||0.00 - 14.33||13.70|
|Reserve Bank of India 364-D 01/10/2020||Treasury Bills||SOV||0.00 - 14.32||13.69|
|Reserve Bank of India 91-D 22/10/2020||Treasury Bills||SOV||0.00 - 14.29||13.67|
|Bank of Baroda 16/10/2020||Certificate of Deposit||A1+||0.00 - 3.57||3.42|
|Axis Bank 28/10/2020||Certificate of Deposit||A1+||0.00 - 3.42||3.42|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Aug-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.
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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:||₹ 728 Cr (As on 31-Aug-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]