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)|
|Indiabulls Liquid - Unclaimed||Jan-20||--||--||--||--||241|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||5.52||6.61||6.95||0.32||57,335|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||5.58||6.66||6.99||0.30||36,679|
|Nippon India Liquid Fund | Invest Online||Dec-03||5.54||6.67||6.99||0.28||30,604|
|Axis Liquid Fund | Invest Online||Oct-09||5.53||6.66||6.98||0.22||27,032|
|Best (Period)||Worst (Period)|
|Week||0.25 (26-Mar-2020 - 02-Apr-2020)||0.04 (17-Mar-2020 - 24-Mar-2020)|
|Month||0.57 (26-Mar-2020 - 25-Apr-2020)||0.24 (25-May-2020 - 24-Jun-2020)|
|Quarter||1.40 (23-Jan-2020 - 23-Apr-2020)||0.93 (10-Apr-2020 - 10-Jul-2020)|
|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||9||33||8||40|
|Modified Duration (yrs)||0.07||0.14||0.04||--|
|Average Maturity (yrs)||0.07||0.14||0.04||--|
|Yield to Maturity (%)||3.20||6.43||3.20||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|NTPC 91-D 27/08/2020||Commercial Paper||A1+||0.00 - 10.30||10.30|
|Reserve Bank of India 91-D 24/09/2020||Treasury Bills||SOV||0.00 - 10.28||10.28|
|Bajaj Finance 364-D 28/08/2020||Commercial Paper||A1+||0.00 - 9.89||9.89|
|Larsen & Toubro 90-D 27/08/2020||Commercial Paper||A1+||0.00 - 9.89||9.89|
|HDFC 364-D 26/08/2020||Commercial Paper||A1+||0.00 - 9.48||9.48|
|LIC Housing Fin. 329-D 11/09/2020||Commercial Paper||A1+||0.00 - 9.47||9.47|
|ICICI Bank 17/07/2020||Certificate of Deposit||A1+||0.00 - 8.69||8.69|
|National Bank Agr. Rur. Devp 2020||Certificate of Deposit||A1+||0.00 - 8.67||8.67|
|HDFC Bank||Fixed Deposits||--||0.00 - 6.17||2.17|
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
*As on 31-May-2020
Education: Mr. Singh is B.A (Honours) in Economics, PGDBF & CFA - Level 1
Experience: Prior to joining IndiaBulls Mutual Fund he has worked with Taurus Corporate Advisory Services Ltd., DIOS Capital, Invesco Asset Management Company Ltd., Fidelity Investments and ICRA Ltd.
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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:||₹ 241 Cr (As on 30-Jun-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]