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4 star

PGIM India Liquid Fund


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"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:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.23 0.01 0.06 0.29 0.86 1.66 3.31 4.62 5.60 6.27 7.15
CCIL T Bill Liquidity Weight 0.12 0.00 0.02 0.17 0.52 1.02 2.09 3.06 3.49 3.89 4.42
Debt: Liquid 0.22 0.01 0.06 0.30 0.85 1.63 3.24 4.41 5.39 6.07 7.00
Rank within category 15 14 11 23 22 18 13 8 7 5 8
Number of funds in category 41 41 41 41 41 41 40 39 34 33 32

As on 25-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Liquid Fund  | Invest Online
4 star
Sep-07 3.31 4.62 5.60 0.25% 565
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.27 4.59 5.56 0.32% 32,834
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.31 4.64 5.60 0.33% 28,408
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.28 4.62 5.60 0.32% 23,456
Axis Liquid Fund
4 star
Oct-09 3.33 4.63 5.61 0.26% 23,318

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.40 24-Mar-2020 - 31-Mar-2020 -0.15 17-Mar-2020 - 24-Mar-2020
Month 0.93 08-Aug-2013 - 09-Sep-2013 0.15 23-Feb-2020 - 24-Mar-2020
Quarter 2.66 24-Jul-2013 - 23-Oct-2013 0.72 23-Oct-2020 - 22-Jan-2021
Year 9.92 12-Aug-2011 - 13-Aug-2012 3.18 29-Oct-2020 - 29-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.62 0.47 1.88 11.16 1.00 1.49
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Liquid 4.42 0.45 1.51 9.12 0.93 1.25
Rank within category 8 30 8 17 23 9
Number of funds in category 39 39 39 39 39 39

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 6 20 6 32
Modified Duration (yrs) 0.04 0.12 0.04 0.08
Average Maturity (yrs) 0.05 0.12 0.05 0.08
Yield to Maturity (%) 3.58 3.63 3.33 3.61
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 13/01/2022 Treasury Bills SOV 0.00 - 9.44 8.84
new Kotak Securities 56-D 18/02/2022 Commercial Paper A1+ 0.00 - 8.81 8.81
new Reliance Industries 230-D 14/03/2022 Commercial Paper A1+ 0.00 - 8.79 8.79
new Bajaj Finance 365-D 16/02/2022 Commercial Paper A1+ 0.00 - 4.40 4.40
new Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.00 3.00
equal National Bank Agr. Rur. Devp 90-D 12/01/2022 Commercial Paper A1+ 0.00 - 0.94 0.88
equal Others CBLO -- - 65.11

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Kunal Jain since 05-Jan-2018

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.

Funds Managed:


0.01%

Change from previous, NAV as on 26-Jan-2022

Growth: ₹ 273.5117

IDCW Weekly: ₹ 100.5634

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IDCW Monthly: ₹ 108.7722

IDCW Daily: ₹ 100.3040

Bonus: ₹ 186.8975


Investment Strategy

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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 5
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
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.

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 05-Sep-2007
Return Since Launch: 7.24%
Benchmark: CRISIL Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 565 Cr (As on 31-Dec-2021)
Expense: 0.25% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Jan-20220.0100

 25-Jan-20220.0098
 24-Jan-20220.0096
 23-Jan-20220.0100
 22-Jan-20220.0101
 21-Jan-20220.0093
 20-Jan-20220.0089
 19-Jan-20220.0036
 18-Jan-20220.0061
 17-Jan-20220.0086
 16-Jan-20220.0093
 15-Jan-20220.0094
 14-Jan-20220.0079
 13-Jan-20220.0110
 12-Jan-20220.0104
 11-Jan-20220.0091
 10-Jan-20220.0085
 09-Jan-20220.0092
 08-Jan-20220.0092
 07-Jan-20220.0102
 06-Jan-20220.0079
 05-Jan-20220.0107
 04-Jan-20220.0106
 03-Jan-20220.0101
 02-Jan-20220.0092
IDCW Weekly20-Jan-20220.0459

 14-Jan-20220.0656
 07-Jan-20220.0679
 31-Dec-20210.0668
 24-Dec-20210.0701
 17-Dec-20210.0643
 10-Dec-20210.0600
 03-Dec-20210.0622
 26-Nov-20210.0754
 18-Nov-20210.0562
 12-Nov-20210.0980
 03-Nov-20210.0506
 29-Oct-20210.0452
 22-Oct-20210.0593
 14-Oct-20210.0585
 08-Oct-20210.0696
 01-Oct-20210.0552
 24-Sep-20210.0542
 17-Sep-20210.0688
 09-Sep-20210.0475
 03-Sep-20210.0632
 27-Aug-20210.0644
 20-Aug-20210.0632
 13-Aug-20210.0703
 06-Aug-20210.0606
IDCW Monthly31-Dec-20210.2850

 26-Nov-20210.2850
 29-Oct-20210.2850
 24-Sep-20210.2850
 27-Aug-20210.2850
 30-Jul-20210.2850
 25-Jun-20210.2800
 28-May-20210.2800
 30-Apr-20210.2800
 26-Mar-20210.2800
 26-Feb-20210.2800
 29-Jan-20210.2800
 24-Dec-20200.2800
 27-Nov-20200.2800
 29-Oct-20200.2800
 25-Sep-20200.3500
 28-Aug-20200.3500
 31-Jul-20200.4200
 30-Jun-20200.4700
 29-May-20200.4700
 24-Apr-20200.4700
 27-Mar-20200.3386
 28-Feb-20200.3386
 31-Jan-20200.3386
 27-Dec-20190.3386
IDCW Quarterly28-Jun-20191.5847

 25-Mar-20191.5847
 28-Dec-20181.5847
 28-Sep-20181.5847
 28-Jun-20181.5847
 23-Mar-20181.5890
 29-Dec-20171.5890
 28-Sep-20171.5890
 29-Jun-20171.6251
 24-Mar-20171.4445
 29-Dec-20161.4445
IDCW Yearly23-Mar-20187.2227

 24-Mar-20171.4445
 28-Mar-20146.5459

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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