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:
|Best (Period)||Worst (Period)|
|Week||0.19 (20-Mar-2020 - 27-Mar-2020)||0.04 (17-Mar-2020 - 24-Mar-2020)|
|Month||0.50 (26-Feb-2020 - 27-Mar-2020)||0.36 (25-Feb-2020 - 26-Mar-2020)|
|Quarter||-- ( - )||-- ( - )|
|Year||-- ( - )||-- ( - )|
The Risk Measures have been calculated using calendar month returns for the last three years.
|Fund||1Y High||1Y Low||Category|
|Number of Securities||18||62||12||51|
|Modified Duration (yrs)||0.05||0.14||0.05||0.07|
|Average Maturity (yrs)||0.05||0.14||0.05||0.07|
|Yield to Maturity (%)||5.50||7.32||5.32||5.42|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 76-D 17/03/2020||Cash Management Bill||SOV||0.00 - 10.46||10.46|
|National Bank Agr. Rur. Devp 91-D 12/03/2020||Commercial Paper||A1+||0.00 - 13.64||9.82|
|ICICI Bank 23/03/2020||Certificate of Deposit||A1+||0.00 - 8.36||8.36|
|Grasim Industries 84-D 16/03/2020||Commercial Paper||A1+||0.00 - 6.54||6.54|
|Reliance Jio Infocomm 91-D 20/03/2020||Commercial Paper||A1+||0.00 - 9.08||6.54|
|Tata Steel 70-D 17/03/2020||Commercial Paper||A1+||0.00 - 6.54||6.54|
|Power Grid Corporation 90-D 26/03/2020||Securitised Debt||A1+||0.00 - 9.08||6.53|
|Aditya Birla Finance 82-D 11/03/2020||Commercial Paper||A1+||0.00 - 4.58||4.58|
|Tata Power 88-D 06/03/2020||Commercial Paper||A1+||0.00 - 4.58||4.58|
|Reserve Bank of India 63-D 17/03/2020||Treasury Bills||SOV||0.00 - 9.09||3.53|
|Axis Bank 2020||Certificate of Deposit||A1+||0.00 - 3.28||3.28|
|Oriental Bank of Com. 2020||Certificate of Deposit||A1+||0.00 - 3.27||3.27|
|Birla Group Holdings 90-D 11/03/2020||Commercial Paper||A1+||0.00 - 4.53||3.27|
|PTC India 91-D 26/03/2020||Bonds||A1+||0.00 - 4.52||3.26|
|Birla Group Holdings 90-D 27/05/2020||Commercial Paper||A1+||0.00 - 3.21||3.21|
|Reserve Bank of India 48-D 23/03/2020||Treasury Bills||SOV||0.00 - 2.74||2.74|
|HDFC Bank||Fixed Deposits||--||0.00 - 5.51||2.06|
|Reserve Bank of India 70-D 17/03/2020||Treasury Bills||SOV||0.00 - 1.82||1.31|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 29-Feb-2020
Education: Mr. Mehta is CFA and M.S.
Experience: Prior to joining Indiabulls AMC he has worked with 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 a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||5,000|
|Fund House:||Indiabulls Mutual Fund|
|Return Since Launch:||--|
|Assets:||₹ 763 Cr (As on 29-Feb-2020)|
|Expense:||-- (As on )|
AMC: Indiabulls Asset Management Company Ltd.
Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013
Phone: 022-61891300 / 1800-2666-002
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]