fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
6 Best Performing Liquid Mutual Funds to Invest in 2019 | Fincash.com

Fincash » Mutual Funds » Best Liquid Funds

6 Best Liquid Mutual Funds 2019

Updated on March 17, 2019 , 7338 views

In common terms, Best Liquid Funds are Debt Mutual Funds or rather money market Mutual Funds with the only difference being in the investment duration. Liquid Funds invest in very short money market instruments like the Certificate of Deposit, treasury bills, commercial papers etc.

The investment duration of these funds is very short, generally ranging from a couple of days to a few weeks (it can even be one day!). The average residual maturity of liquid funds is less than 91 days as they invest in securities which individually have a maturity upto 91 days. Being a short-term Debt fund, these funds are highly suitable for investors looking for low-risk investments for short duration.

The low maturity period of best liquid funds helps fund managers to fulfil the redemption demand of investors easily. In the market, there are various liquid fund investments available.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Why Invest in Liquid Funds?

  • Liquid funds have no lock-in or very low lock-in period.
  • The interest rate of liquid mutual funds is the lowest among all short-term investments due to low maturity period.
  • No entry and exit loads are applicable.
  • Liquid funds are a perfect solution for investors who wish to park their idle cash for a short duration without the risk of Capital Loss.

Liquid Funds better than Saving Bank Account?

Investing in liquid funds are any day a better option on investment as compared to putting money in popular saving bank account schemes.

Owing to its familiarity and institutionalized nature of saving bank accounts, an average Indian taxpayer has more trust in them. However, it seems they are not the most popular short-term investment anymore. This is due to the rising acceptance of mutual funds by investors with different investment goals. Your hard earned money that lies in a savings bank account fetches you only 3.5% interest per annum. However, the best liquid funds have returned as high as 6.5-7.5% on an average in the past 1 year period, on an annualized basis.

So, on returns alone, liquid funds score over a savings bank account. If you have a raise or a bonus coming your way, invest in liquid funds and party later.

6 Best Liquid Funds India FY 19 - 20

FundNAVNet Assets (Cr)1 MO (%)3 MO (%)6 MO (%)1 YR (%)2018 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Reliance Liquid Fund  Growth ₹4,526.52
↑ 0.90
₹41,1880.51.83.77.57.47.36%1M 9D1M 12D
Axis Liquid Fund Growth ₹2,058.99
↑ 0.40
₹28,0100.51.83.77.57.57.07%1M 4D1M 5D
Tata Liquid Fund Growth ₹2,923.12
↑ 0.56
₹24,9050.51.83.77.57.47.15%1M 6D1M 6D
Aditya Birla Sun Life Liquid Fund Growth ₹298.169
↑ 0.06
₹57,5480.51.83.77.57.47.16%29D29D
Invesco India Liquid Fund Growth ₹2,555.11
↑ 0.49
₹10,2620.51.83.77.57.47.13%1M 13D1M 16D
ICICI Prudential Liquid Fund Growth ₹274.653
↑ 0.05
₹59,3540.51.83.67.57.47.07%1M 14D1M 17D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Mar 19
*Above is list of best Liquid funds having AUM/Net Assets above 10,000 Crore and managing funds for 5 or more years.

1. Reliance Liquid Fund 

(Erstwhile Reliance Liquid Fund - Treasury Plan)

The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Reliance Liquid Fund  is a Debt - Liquid Fund fund was launched on 9 Dec 03. It is a fund with Low risk and has given a CAGR/Annualized return of 7.4% since its launch.  Ranked 11 in Liquid Fund category.  Return for 2018 was 7.4% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for Reliance Liquid Fund 

Reliance Liquid Fund 
Growth
Launch Date 9 Dec 03
NAV (19 Mar 19) ₹4,526.52 ↑ 0.90   (0.02 %)
Net Assets (Cr) ₹41,188 on 28 Feb 19
Category Debt - Liquid Fund
AMC Reliance Nippon Life Asset Management Ltd.
Rating
Risk Low
Expense Ratio 0.18
Sharpe Ratio 19.12
Information Ratio -0.24
Alpha Ratio 0.54
Min Investment 100
Min SIP Investment 100
Exit Load NIL
Yield to Maturity 7.36%
Effective Maturity 1 Month 12 Days
Modified Duration 1 Month 9 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,903
29 Feb 16₹11,801
28 Feb 17₹12,685
28 Feb 18₹13,530
28 Feb 19₹14,550

Reliance Liquid Fund  SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Reliance Liquid Fund 

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7.2%
5 Year 7.8%
10 Year
15 Year
Since launch 7.4%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.4%
2017 6.7%
2016 7.7%
2015 8.3%
2014 9.1%
2013 9.2%
2012 9.7%
2011 8.9%
2010 5.3%
2009 5.5%
Fund Manager information for Reliance Liquid Fund 
NameSinceTenure
Anju Chhajer1 Oct 135.34 Yr.
Kinjal Desai25 May 180.69 Yr.

Data below for Reliance Liquid Fund  as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash99.99%
Other0.01%
Debt Sector Allocation
SectorValue
Cash Equivalent96.7%
Corporate3.29%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
5%₹1,956 Cr39,200
↓ -700
Deutsche Bank Ag
Certificate of Deposit | -
2%₹1,025 Cr
Canara Bank
Certificate of Deposit | -
2%₹997 Cr100,350
↓ -1,500
Punjab National Bank
Certificate of Deposit | -
2%₹993 Cr99,500
VIJAYA BANK
Certificate of Deposit | -
2%₹992 Cr99,500
AXIS BANK LIMITED
Certificate of Deposit | -
2%₹984 Cr100,000
↑ 100,000
NTPC LIMITED
Commercial Paper | -
2%₹747 Cr15,122
↑ 15,122
Corporate Bond Repo (Counterparty Reliance Industries Limited )
CBLO/Reverse Repo | -
2%₹709 Cr
INDIAN OIL CORPORATION LIMITED
Commercial Paper | -
2%₹643 Cr12,900
Standard Chartered Bank **
Net Current Assets | -
1%₹590 Cr

2. Axis Liquid Fund

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Axis Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Oct 09. It is a fund with Low risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 21 in Liquid Fund category.  Return for 2018 was 7.5% , 2017 was 6.7% and 2016 was 7.6% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund
Growth
Launch Date 9 Oct 09
NAV (19 Mar 19) ₹2,058.99 ↑ 0.40   (0.02 %)
Net Assets (Cr) ₹28,010 on 28 Feb 19
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.15
Sharpe Ratio 19.75
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.07%
Effective Maturity 1 Month 5 Days
Modified Duration 1 Month 4 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,904
29 Feb 16₹11,801
28 Feb 17₹12,682
28 Feb 18₹13,533
28 Feb 19₹14,552

Axis Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Axis Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7.2%
5 Year 7.8%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.5%
2017 6.7%
2016 7.6%
2015 8.4%
2014 9.1%
2013 9.2%
2012 9.7%
2011 9%
2010 5.6%
2009
Fund Manager information for Axis Liquid Fund
NameSinceTenure
Devang Shah5 Nov 126.24 Yr.
Aditya Pagaria13 Aug 162.47 Yr.

Data below for Axis Liquid Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent94.64%
Corporate5.36%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Corporate Bond Repo
CBLO/Reverse Repo | -
8%₹2,114 Cr
OIL& NATURAL GAS CORPORATION LIMITED
Commercial Paper | -
3%₹746 Cr15,000
↑ 15,000
CHENNAI PETROLEUM CORPORATION LTD
Commercial Paper | -
2%₹575 Cr11,500
↓ -5,000
8.39% RJ SDL Spl 2019
Domestic Bonds | -
2%₹558 Cr55,806,000
Net Receivables / (Payables)
Net Current Assets | -
2%-₹548 Cr
LARSEN AND TOUBRO LIMITED
Commercial Paper | -
2%₹499 Cr10,000
↑ 10,000
VIJAYA BANK
Certificate of Deposit | -
2%₹499 Cr50,000
RELIANCE RETAIL LIMITED
Commercial Paper | -
2%₹498 Cr10,000
↑ 10,000
HINDUSTAN PETROLEUM CORPORATION LIMITED
Commercial Paper | -
2%₹498 Cr10,000
↑ 10,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
2%₹498 Cr10,000
↑ 10,000

3. Tata Liquid Fund

(Erstwhile TATA Money Market Fund )

To create a highly liquid portfolio of money market instruments so as to provide reasonable returns and high liquidity to the unitholders.

Tata Liquid Fund is a Debt - Liquid Fund fund was launched on 1 Sep 04. It is a fund with Low risk and has given a CAGR/Annualized return of 7.7% since its launch.  Ranked 18 in Liquid Fund category.  Return for 2018 was 7.4% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for Tata Liquid Fund

Tata Liquid Fund
Growth
Launch Date 1 Sep 04
NAV (19 Mar 19) ₹2,923.12 ↑ 0.56   (0.02 %)
Net Assets (Cr) ₹24,905 on 28 Feb 19
Category Debt - Liquid Fund
AMC Tata Asset Management Limited
Rating
Risk Low
Expense Ratio 0.21
Sharpe Ratio 20.43
Information Ratio -0.28
Alpha Ratio 0.76
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.15%
Effective Maturity 1 Month 6 Days
Modified Duration 1 Month 6 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,905
29 Feb 16₹11,801
28 Feb 17₹12,683
28 Feb 18₹13,529
28 Feb 19₹14,547

Tata Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Tata Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7.2%
5 Year 7.8%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.4%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.1%
2013 9.3%
2012 9.8%
2011 9%
2010 5%
2009 5.5%
Fund Manager information for Tata Liquid Fund
NameSinceTenure
Amit Somani16 Oct 135.3 Yr.

Data below for Tata Liquid Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent96.89%
Corporate3.11%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
91 DTB 28032019
Sovereign Bonds | -
6%₹1,483 Cr149,042,000
↓ -5,000,000
PUNJAB NATIONAL BANK
Certificate of Deposit | -
4%₹997 Cr100,000
↑ 100,000
Net Current Liabilities
Certificate of Deposit | -
4%-₹944 Cr
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
4%₹878 Cr17,700
↓ -800
L & T INFRASTRUCTURE FINANCE COMPANY LIMITED
Commercial Paper | -
3%₹698 Cr14,000
PNB Housing Finance Limited
Commercial Paper | -
2%₹600 Cr12,000
91 DTB 30052019
Sovereign Bonds | -
2%₹573 Cr58,159,600
↑ 58,159,600
91 DTB 11042019
Sovereign Bonds | -
2%₹548 Cr55,140,100
41 DTB 18032019
Sovereign Bonds | -
2%₹527 Cr52,900,000
↑ 52,900,000
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
2%₹498 Cr10,000
↑ 10,000

4. Aditya Birla Sun Life Liquid Fund

(Erstwhile Aditya Birla Sun Life Cash Plus Fund)

An Open-ended liquid scheme with the objective to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

Aditya Birla Sun Life Liquid Fund is a Debt - Liquid Fund fund was launched on 30 Mar 04. It is a fund with Low risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 15 in Liquid Fund category.  Return for 2018 was 7.4% , 2017 was 6.7% and 2016 was 7.7% .

Below is the key information for Aditya Birla Sun Life Liquid Fund

Aditya Birla Sun Life Liquid Fund
Growth
Launch Date 30 Mar 04
NAV (19 Mar 19) ₹298.169 ↑ 0.06   (0.02 %)
Net Assets (Cr) ₹57,548 on 28 Feb 19
Category Debt - Liquid Fund
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Low
Expense Ratio 0.19
Sharpe Ratio 18.66
Information Ratio -0.18
Alpha Ratio 0.49
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.16%
Effective Maturity 29 Days
Modified Duration 29 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,910
29 Feb 16₹11,813
28 Feb 17₹12,702
28 Feb 18₹13,548
28 Feb 19₹14,565

Aditya Birla Sun Life Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Aditya Birla Sun Life Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7.2%
5 Year 7.8%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.4%
2017 6.7%
2016 7.7%
2015 8.4%
2014 9.2%
2013 9.3%
2012 9.7%
2011 9%
2010 5.5%
2009 5.5%
Fund Manager information for Aditya Birla Sun Life Liquid Fund
NameSinceTenure
Sunaina Cunha18 Jun 099.63 Yr.
Kaustubh Gupta15 Jul 117.55 Yr.

Data below for Aditya Birla Sun Life Liquid Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent93.7%
Corporate6.3%
Credit Quality
RatingValue
AA2.83%
AAA97.17%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Limited
CBLO | -
5%₹2,601 Cr
TATA SONS PRIVATE LIMITED
Commercial Paper | -
3%₹1,977 Cr40,000
↑ 40,000
Reverse Repo
CBLO/Reverse Repo | -
3%₹1,581 Cr
Power Finance Corporation Ltd.
Debentures | -
2%₹1,235 Cr12,350
↑ 5,200
PUNJAB NATIONAL BANK
Certificate of Deposit | -
2%₹1,125 Cr114,270
↑ 114,270
7.11% Union Bank Of India (29/03/2019)
Certificate of Deposit | -
2%₹1,000 Cr
7.25% Indusind Bank Limited (13/03/2019)
Certificate of Deposit | -
2%₹1,000 Cr
7.01% Union Bank Of India (14/03/2019)
Certificate of Deposit | -
2%₹1,000 Cr
National Fertilizers Limited
Commercial Paper | -
2%₹990 Cr19,900
↑ 19,900
STEEL AUTHORITY OF INDIA LIMITED
Commercial Paper | -
2%₹989 Cr20,000
↑ 20,000

5. Invesco India Liquid Fund

To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Invesco India Liquid Fund is a Debt - Liquid Fund fund was launched on 17 Nov 06. It is a fund with Low risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 9 in Liquid Fund category.  Return for 2018 was 7.4% , 2017 was 6.7% and 2016 was 7.6% .

Below is the key information for Invesco India Liquid Fund

Invesco India Liquid Fund
Growth
Launch Date 17 Nov 06
NAV (19 Mar 19) ₹2,555.11 ↑ 0.49   (0.02 %)
Net Assets (Cr) ₹10,262 on 28 Feb 19
Category Debt - Liquid Fund
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Low
Expense Ratio 0.1
Sharpe Ratio 20.52
Information Ratio -0.3
Alpha Ratio 0.81
Min Investment 5,000
Min SIP Investment
Exit Load NIL
Yield to Maturity 7.13%
Effective Maturity 1 Month 16 Days
Modified Duration 1 Month 13 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,903
29 Feb 16₹11,806
28 Feb 17₹12,688
28 Feb 18₹13,536
28 Feb 19₹14,552

Invesco India Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Invesco India Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.7%
1 Year 7.5%
3 Year 7.2%
5 Year 7.8%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.4%
2017 6.7%
2016 7.6%
2015 8.4%
2014 9.1%
2013 9.2%
2012 9.7%
2011 9%
2010 5.5%
2009 5.4%
Fund Manager information for Invesco India Liquid Fund
NameSinceTenure
Krishna Cheemalapati25 Apr 117.78 Yr.
Abhishek Bandiwdekar24 Jul 180.52 Yr.

Data below for Invesco India Liquid Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent92.13%
Corporate7.87%
Credit Quality
RatingValue
AA0.09%
AAA99.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Receivables / (Payables)
Net Current Assets | -
6%-₹666 Cr
41 DTB 18032019
Sovereign Bonds | -
4%₹382 Cr38,323,400
↑ 38,323,400
POWER FINANCE CORPORATION LIMITED
Commercial Paper | -
3%₹320 Cr32,500,000
↑ 32,500,000
IDFC BANK LIMITED
Certificate of Deposit | -
3%₹297 Cr30,000,000
COROMANDEL INTERNATIONAL LIMITED (COROMANDEL FERTILISERS LIMITED)
Commercial Paper | -
3%₹297 Cr30,000,000
↑ 30,000,000
CANARA BANK
Certificate of Deposit | -
3%₹296 Cr30,000,000
↑ 30,000,000
AXIS FINANCE LIMITED
Commercial Paper | -
3%₹296 Cr30,000,000
↑ 30,000,000
SHREE CEMENT LIMITED
Commercial Paper | -
3%₹289 Cr29,000,000
↓ -1,000,000
RELIANCE INDUSTRIES LIMITED
Commercial Paper | -
2%₹249 Cr25,000,000
↑ 25,000,000
VIJAYA BANK
Certificate of Deposit | -
2%₹200 Cr20,000,000
↑ 20,000,000

6. ICICI Prudential Liquid Fund

(Erstwhile ICICI Prudential Liquid Plan)

To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in money market and debt securities.

ICICI Prudential Liquid Fund is a Debt - Liquid Fund fund was launched on 17 Nov 05. It is a fund with Low risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 20 in Liquid Fund category.  Return for 2018 was 7.4% , 2017 was 6.6% and 2016 was 7.7% .

Below is the key information for ICICI Prudential Liquid Fund

ICICI Prudential Liquid Fund
Growth
Launch Date 17 Nov 05
NAV (19 Mar 19) ₹274.653 ↑ 0.05   (0.02 %)
Net Assets (Cr) ₹59,354 on 28 Feb 19
Category Debt - Liquid Fund
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.15
Sharpe Ratio 17.78
Information Ratio -0.6
Alpha Ratio 0.25
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 7.07%
Effective Maturity 1 Month 17 Days
Modified Duration 1 Month 14 Days

Growth of 10,000 investment over the years.

DateValue
28 Feb 14₹10,000
28 Feb 15₹10,904
29 Feb 16₹11,801
28 Feb 17₹12,684
28 Feb 18₹13,524
28 Feb 19₹14,535

ICICI Prudential Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for ICICI Prudential Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Mar 19

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 3.6%
1 Year 7.5%
3 Year 7.2%
5 Year 7.7%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2018 7.4%
2017 6.6%
2016 7.7%
2015 8.3%
2014 9.1%
2013 9.3%
2012 9.7%
2011 8.9%
2010 5.5%
2009 5.6%
Fund Manager information for ICICI Prudential Liquid Fund
NameSinceTenure
Rahul Goswami27 Sep 126.35 Yr.
Rohan Maru19 Sep 135.37 Yr.

Data below for ICICI Prudential Liquid Fund as on 28 Feb 19

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent97.66%
Corporate2.34%
Credit Quality
RatingValue
AA0.3%
AAA99.7%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Net Current Assets
Net Current Assets | -
7%-₹4,414 Cr
91 DTB 02052019
Sovereign Bonds | -
6%₹3,656 Cr369,565,200
↑ 10,000,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
4%₹2,606 Cr53,000
↑ 53,000
91 DTB 09052019
Sovereign Bonds | -
4%₹2,498 Cr252,827,400
↑ 252,827,400
91 DTB 25042019
Sovereign Bonds | -
3%₹1,989 Cr200,767,200
↑ 6,500,000
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
3%₹1,970 Cr40,000
↑ 40,000
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT
Commercial Paper | -
3%₹1,938 Cr39,000
TATA STEEL LIMITED
Commercial Paper | -
3%₹1,499 Cr30,000
↑ 30,000
AXIS BANK LIMITED
Certificate of Deposit | -
2%₹1,468 Cr147,500
↓ -2,500
Reliance Jio Infocomm Limited
Commercial Paper | -
2%₹1,241 Cr24,900
↑ 24,900

How to evaluate Liquid Mutual Funds?

When looking for a liquid mutual fund, the past return should not be the only factor for consideration. Other factors like fund size, track record, credit quality of underlying securities should also be kept in mind.

1. Investment Plans

Liquid funds come with different plans like a daily dividend plan, weekly dividend plan, monthly dividend plan and growth plans. In the growth option, profits made by the scheme are invested back into it. This results in the NAV (Net Asset Value) of the scheme rising over time. In the dividend option, the profits made by the fund are not re-invested. Dividends are distributed to the investor from time to time. Investors can choose their plan as per their convenience and liquidity needs.

2. Expense Ratio

Mutual funds charge a fee to manage your funds called an expense ratio. As per SEBI norms, the upper limit of expense ratio is 2.25%. In case of liquid funds, they maintain a lower expense ratio to provide relatively higher returns over a short period of time.

3. Investment Horizon

Plan your investment horizon. Liquid funds are exclusively meant to invest surplus cash over a very short period of time that is for 91 days. So, if you have an idle cash, you can invest here for a short period and earn better returns than bank Savings Account. In case you have a longer investment horizon of up to 1 year, then you may consider investing in short duration funds to get relatively higher returns.

Features of Liquid Mutual Funds

Features-of-best-liquid-funds

1. Exit Load Of Liquid Mutual Funds

Considering the fact that liquid mutual funds are short-term investments with a low maturity period, the majority of the funds under this category do not levy any exit load on redemption. Also, if there exists any exit load, it is very nominal and usually not more than a week. Liquid funds generally do not have an exit load given they are very short investment products.

2. Volatility Of Liquid Fund Investment

Generally, the volatility of liquid funds is low as the investment lasts for a few days to weeks. So, the risk of loss in investment is quite less. However, it is suggested to make a liquid fund investment considering the market condition to avoid the opportunity of loss.

3. Lock-in Period Of Best Liquid Funds

Given that liquid mutual funds are very short-term investment options, liquid funds do not have any lock-in period. Liquid Funds can be invested for a time period as short as one day going upto a couple of weeks.

4. Liquid Fund Returns

Liquid funds are one of the best short-term investments during a high Inflation period. In the high inflation period, the interest rate on the liquid fund is high. Thus, helping liquid mutual funds to earn good returns. The liquid fund returns are usually higher than that of other traditional investments like bank fixed deposits or savings accounts. However, it is suggested to invest in best liquid funds choosing a right option (growth, dividend payout, dividend re-investment) suiting your needs.

5. Liquid Funds Taxation

Generally, liquid fund returns receive in the form of dividends are not taxed in the hands of investors. However, a Dividend Distribution Tax (DDT) of approximately 28% is deducted by the mutual fund company from the dividends. Moreover, for the investors who have opted for growth option, a short-term Capital Gain tax is deducted as per the individual’s tax slab. This tax deduction is same as that of a savings account.

How to Invest in Liquid Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Due to the lack of awareness about liquid funds, people don’t invest in them and instead keep huge sums in a savings account. But, it’s never too late to begin something good. So, invest in best liquid funds today!

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 4.4, based on 204 reviews.
POST A COMMENT

1 - 1 of 1