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)|
|Indiabulls Liquid - Unclaimed||Jan-20||--||--||--||--||122|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||4.14||6.00||6.44||0.32||42,177|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||4.15||6.04||6.48||0.31||33,431|
|Axis Liquid Fund||Oct-09||4.14||6.03||6.47||0.25||25,742|
|Nippon India Liquid Fund | Invest Online||Dec-03||4.11||6.04||6.48||0.32||23,245|
|Best (Period)||Worst (Period)|
|Week||0.25 (26-Mar-2020 - 02-Apr-2020)||0.04 (26-Nov-2020 - 03-Dec-2020)|
|Month||0.57 (26-Mar-2020 - 25-Apr-2020)||0.21 (19-Nov-2020 - 19-Dec-2020)|
|Quarter||1.40 (23-Jan-2020 - 23-Apr-2020)||0.72 (16-Oct-2020 - 15-Jan-2021)|
|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||5||18||5||35|
|Modified Duration (yrs)||0.10||0.14||0.04||--|
|Average Maturity (yrs)||0.10||0.14||0.04||--|
|Yield to Maturity (%)||2.92||5.50||2.92||--|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 91-D 14/01/2021||Treasury Bills||SOV||0.00 - 20.54||20.54|
|Reliance Industries 362-D 25/01/2021||Commercial Paper||A1+||0.00 - 20.52||20.52|
|Axis Bank 2021||Certificate of Deposit||A1+||0.00 - 20.49||20.49|
|Aditya Birla Housing Finance 88-D 22/01/2021||Commercial Paper||A1+||0.00 - 19.70||19.70|
|HDFC Bank||Fixed Deposits||--||1.95 - 6.17||4.32|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
*As on 30-Nov-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:||--|
|Benchmark:||CRISIL Liquid TRI|
|Assets:||₹ 122 Cr (As on 31-Dec-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]