October 1, 2022
mayank
Nippon India Liquid Fund
NAV Growth: Rs 5,327.9657
NAV IDCW Weekly: Rs 1,530.3000
NAV IDCW Quarterly: Rs 1,005.5139
NAV IDCW Monthly: Rs 1,588.3585
NAV IDCW Daily: Rs 1,528.7400
Suitable For Which Investors?
“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.”
Fund’s Investment Strategy:
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
Fund Manager:
1) Anju Chhajer
Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience: Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
2) Siddharth Deb
Education: Mr. Deb is a B.Sc and MMS (Finance).
Experience: Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| 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 | Nippon India Mutual Fund |
| Launch Date | 41,275 |
| Return Since Launch | 0 |
| Benchmark | NIFTY Liquid Index B-I |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 27,189 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.18% |
| (As on 31-Aug-2022) | |
| Risk Grade | — |
| Return Grade | Average |
Nippon India Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Nippon Ind Liquid Dir | 3.23 | 0.04 | 0.43 | 1.3 | 2.3 | 4.15 | 4.13 | 5.38 | 5.95 | — |
| CCIL T Bill Liquidity Weight | 1.6 | 0.06 | 0.24 | 0.73 | 1.03 | 2.13 | 2.56 | 3.23 | 3.58 | — |
| Debt: Liquid | 3.22 | 0.03 | 0.43 | 1.29 | 2.3 | 4.12 | 4.04 | 5.28 | 5.85 | — |
| Rank within category | 19 | 1 | 22 | 19 | 25 | 18 | 10 | 8 | 7 | — |
| Number of funds in category | 37 | 37 | 37 | 37 | 37 | 37 | 36 | 32 | 31 | 1 |
Nippon India Liquid Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age |
| Nippon Ind Liquid Dir | 3 star | 4.15 | 4.13 | 5.38 | 0.18 | 27,189 | 6.83 | 0.01 (1) | 9yrs 9mo |
| ABSL Liquid Dir | 4 star | 4.18 | 4.14 | 5.39 | 0.21 | 42,493 | 6.85 | 0.01 (1) | 9yrs 9mo |
| Baroda BNP Paribas Liquid Dir | 5 star | 4.21 | 4.13 | 5.37 | 0.19 | 6,432 | 6.85 | 0.01 (1) | 9yrs 9mo |
| LIC MF Liquid Dir | 4 star | 4.10 | 4.15 | 5.35 | 0.17 | 5,673 | 6.79 | 0.01 (1) | 9yrs 9mo |
| Mirae Asset Cash Management Dir | 4 star | 4.15 | 4.12 | 5.34 | 0.17 | 5,128 | 6.61 | 0.01 (1) | 9yrs 9mo |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 115 | 52 |
| Modified Duration (yrs) | 0.11 | 0.09 |
| Average Maturity (yrs) | 0.12 | 0.09 |
| Yield to Maturity (%) | 5.76 | 5.64 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Nippon India Liquid Fund
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