1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL T Bill Liquidity Weight||2.74||0.03||0.07||0.27||0.61||1.26||3.37||3.98||4.14||4.58||4.76|
|Rank within category||23||25||34||26||31||26||21||16||28||27||23|
|Number of funds in category||42||42||42||42||42||42||42||36||35||34||31|
As on 23-Oct-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Edelweiss Liquid Fund - Regular Plan | Invest Online||Sep-07||4.56||6.26||6.46||0.36||1,145|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||4.71||6.29||6.68||0.32||44,170|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||4.74||6.35||6.72||0.31||32,611|
|Nippon India Liquid Fund | Invest Online||Dec-03||4.70||6.35||6.72||0.30||24,930|
|Axis Liquid Fund||Oct-09||4.72||6.34||6.71||0.25||24,817|
|Best (Period)||Worst (Period)|
|Week||0.48 (24-Mar-2020 - 31-Mar-2020)||-0.16 (17-Mar-2020 - 24-Mar-2020)|
|Month||1.04 (26-Sep-2008 - 27-Oct-2008)||0.17 (23-Feb-2020 - 24-Mar-2020)|
|Quarter||2.72 (04-Sep-2008 - 04-Dec-2008)||0.74 (25-Jun-2020 - 24-Sep-2020)|
|Year||9.95 (12-Aug-2011 - 13-Aug-2012)||4.39 (26-May-2009 - 26-May-2010)|
|CCIL T Bill Liquidity Weight||3.90||0.32||-3.63||-6.95||--||--|
|Rank within category||15||29||20||27||31||8|
|Number of funds in category||36||36||36||35||36||36|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Sep-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||12||31||12||36|
|Modified Duration (yrs)||0.04||0.13||0.04||--|
|Average Maturity (yrs)||0.11||0.13||0.06||--|
|Yield to Maturity (%)||3.30||5.82||3.21||--|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|HDFC 344-D 03/11/2020||Commercial Paper||A1+||0.00 - 8.97||8.71|
|Reserve Bank of India 91-D 10/12/2020||Treasury Bills||SOV||0.00 - 6.51||6.51|
|Godrej Industries 91-D 12/11/2020||Commercial Paper||A1+||0.00 - 4.93||4.78|
|Reserve Bank of India 91-D 29/10/2020||Treasury Bills||SOV||0.00 - 4.49||4.36|
|Axis Bank 30/10/2020||Certificate of Deposit||A1+||0.00 - 4.49||4.35|
|Larsen & Toubro 91-D 11/11/2020||Commercial Paper||A1+||0.00 - 4.48||4.35|
|National Bank Agr. Rur. Devp 89-D 10/11/2020||Commercial Paper||A1+||0.00 - 4.48||4.35|
|Reserve Bank of India 182-D 19/11/2020||Treasury Bills||SOV||0.00 - 4.48||4.35|
|Reserve Bank of India 91-D 26/11/2020||Treasury Bills||SOV||0.00 - 4.34||4.34|
|Muthoot Finance 91-D 18/11/2020||Commercial Paper||A1+||0.00 - 4.48||4.34|
|Reserve Bank of India 182-D 24/12/2020||Treasury Bills||SOV||0.00 - 4.33||4.33|
|Export-Import Bank 182-D 01/12/2020||Commercial Paper||A1+||0.00 - 2.17||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-Sep-2020
*As on 31-Aug-2020
Education: Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
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The Scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||--|
|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.
|Fund House:||Edelweiss Mutual Fund|
|Return Since Launch:||7.53%|
|Benchmark:||NIFTY Liquid Fund TRI|
|Assets:||₹ 1,145 Cr (As on 30-Sep-2020)|
|Expense:||0.36% (As on 30-Sep-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Edelweiss Asset Management Ltd.
Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098
Phone: 40933400 / 1800-425-0090
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]