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:
|CCIL T Bill Liquidity Weight||0.52||-0.03||0.04||0.28||0.83||1.77||4.03||4.10||4.46||4.76||4.71|
|Rank within category||10||9||13||8||8||7||6||3||3||10||7|
|Number of funds in category||42||42||42||42||42||42||41||36||35||34||29|
As on 24-Feb-2020
|Best (Period)||Worst (Period)|
|Week||0.27 (30-Mar-2012 - 08-Apr-2012)||-0.13 (09-Jul-2013 - 16-Jul-2013)|
|Month||0.93 (08-Aug-2013 - 09-Sep-2013)||0.30 (06-Jan-2010 - 05-Feb-2010)|
|Quarter||2.66 (24-Jul-2013 - 23-Oct-2013)||0.95 (23-Nov-2009 - 22-Feb-2010)|
|Year||9.92 (12-Aug-2011 - 13-Aug-2012)||4.44 (01-Jun-2009 - 01-Jun-2010)|
|CCIL T Bill Liquidity Weight||4.06||0.27||-6.06||-10.48||--||--|
|Rank within category||3||13||5||11||22||6|
|Number of funds in category||36||36||36||34||36||36|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jan-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||30||31||14||55|
|Modified Duration (yrs)||0.07||0.15||0.06||0.08|
|Average Maturity (yrs)||0.08||0.15||0.07||0.09|
|Yield to Maturity (%)||5.35||7.48||5.35||5.35|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Indusind Bank 2020||Certificate of Deposit||A1+||0.00 - 6.89||6.89|
|Indian Oil Corp. 42-D 17/02/2020||Commercial Paper||A1+||0.00 - 6.88||6.88|
|8.43% HDFC 25/02/2020||Bonds/Debentures||AAA||0.00 - 5.99||5.99|
|SIDBI 2020||Certificate of Deposit||A1+||0.00 - 5.28||5.28|
|Reliance Jio Infocomm 85-D 04/02/2020||Commercial Paper||A1+||0.00 - 4.60||4.60|
|Chennai Petroleum Corp. 32-D 18/02/2020||Commercial Paper||A1+||0.00 - 4.59||4.59|
|Berger Paints India 28-D 26/02/2020||Commercial Paper||A1+||0.00 - 4.58||4.58|
|Alembic Pharmaceuticals 89-D 22/04/2020||Commercial Paper||A1+||0.00 - 4.54||4.54|
|Hero FinCorp 91-D 29/04/2020||Commercial Paper||A1+||0.00 - 4.53||4.53|
|Redington India 88-D 28/02/2020||Commercial Paper||A1+||0.00 - 7.09||3.30|
|Deutsche Investments 88-D 06/03/2020||Commercial Paper||A1+||0.00 - 5.88||2.74|
|IDFC First Bank 2020||Certificate of Deposit||A1+||0.00 - 2.30||2.30|
|Reliance Jio Infocomm 90-D 06/02/2020||Commercial Paper||A1+||0.00 - 2.30||2.30|
|7.09% Export-Import Bank 2020||Bonds||AAA||0.00 - 2.30||2.30|
|Andhra Bank 2020||Certificate of Deposit||A1+||0.00 - 2.29||2.29|
|SRF 91-D 28/02/2020||Commercial Paper||A1+||0.00 - 5.18||2.29|
|National Bank Agr. Rur. Devp 2020||Certificate of Deposit||A1+||0.00 - 2.29||2.29|
|ICICI Bank 18/02/2020||Certificate of Deposit||A1+||0.00 - 2.29||2.29|
|HDFC Bank 2020||Certificate of Deposit||A1+||0.00 - 2.29||2.29|
|Blue Star 35-D 28/02/2020||Commercial Paper||A1+||0.00 - 2.29||2.29|
|Reliance Jio Infocomm 90-D 27/02/2020||Commercial Paper||A1+||0.00 - 5.18||2.29|
|Network 18 Media & Inv 91-D 20/03/2020||Commercial Paper||A1+||0.00 - 4.91||2.28|
|Axis Bank 2020||Certificate of Deposit||A1+||0.00 - 1.83||1.83|
|Reserve Bank of India 63-D 17/03/2020||Treasury Bills||SOV||0.00 - 1.42||1.42|
|ICICI Bank 23/03/2020||Certificate of Deposit||A1+||0.00 - 0.55||0.55|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2020
Education: Mr. Ramakrishnan is a B.E from Mumbai University and MBA from NMIMS (Mumbai).
Experience: Prior to joining PGIM India Mutual Fund he has worked with DWS AMC, Societe Generale and CARE.
Education: Mr. Jain is a B.Com and MBA (Marketing).
Experience: Prior to joining PGIM India Mutual Fund, he has worked with Indiabulls AMC Ltd. as Fund Manager, LIC Nomura AMC Ltd. as Fund manager and Kotak Mahindra AMC Ltd. as Fixed Income Dealer.
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The scheme aims to generate steady returns with high liquidity by investing in a portfolio of short-term , high quality money market and debt instruments. The fund would invest atleast 80% of the corpus in instruments with average maturity upto one year upto 20% of the corpus in instruments with average maturity greater than an year.
|Minimum Investment (₹)||100|
|Minimum Addl Investment (₹)||100|
|Minimum SIP Investment (₹)||100|
|Minimum No of Cheques||60|
|Minimum Withdrawal (₹)||100|
|Minimum Balance (₹)||1|
|Exit Load||0.007% for redemption within 1 days
0.0065% for redemption between 1 - 2 days
0.006% for redemption between 2 - 3 days
0.0055% for redemption between 3 - 4 days
0.005% for redemption between 4 - 5 days
0.0045% for redemption between 5 - 6 days
|Fund House:||PGIM India Mutual Fund|
|Return Since Launch:||7.81%|
|Assets:||₹ 1,088 Cr (As on 31-Jan-2020)|
|Expense:||0.25% (As on 31-Jan-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: PGIM India Asset Management Pvt. Ltd.
Address: 2nd Floor - Nirlon House, Dr. Annie Besant Road, Worli, Mumbai - 400030
Phone: 022-61593000 / 1800-266-2667
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]