November 7, 2022
mayank
SBI Liquid Fund
NAV Growth: Rs 3,430.5334
NAV IDCW Weekly: Rs 1,171.6609
NAV IDCW Fortnightly: Rs 1,120.2417
NAV IDCW Daily: Rs 1,106.9983
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 provide the investors an opportunity to invest in the entire range of debt and money market securities with residual maturity upto 91 days only.
Fund Manager:
1) R Arun
Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).
Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| 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 | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.73% |
| Benchmark | NIFTY Liquid Index B-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 54,496 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.18% |
| (As on 30-Sep-2022) | |
| Risk Grade | — |
| Return Grade | Average |
SBI Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Liquid Dir | 3.79 | 0.01 | 0.49 | 1.41 | 2.58 | 4.4 | 4.08 | 5.28 | 5.83 | — |
| CCIL T Bill Liquidity Weight | 1.89 | 0.05 | 0.28 | 0.73 | 1.22 | 2.24 | 2.52 | 3.21 | 3.56 | — |
| Debt: Liquid | 3.82 | 0.02 | 0.49 | 1.41 | 2.58 | 4.41 | 4.05 | 5.27 | 5.83 | — |
| Rank within category | 29 | 37 | 19 | 24 | 25 | 25 | 19 | 21 | 21 | — |
| Number of funds in category | 37 | 37 | 37 | 37 | 37 | 37 | 36 | 32 | 31 | 1 |
SBI 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 |
| SBI Liquid Dir | 3 star | 4.40 | 4.08 | 5.28 | 0.18 | 54,496 | 6.73 | 0.01 (1) | 9yrs 10mo |
| ABSL Liquid Dir | 4 star | 4.47 | 4.16 | 5.38 | 0.21 | 32,807 | 6.84 | 0.01 (1) | 9yrs 10mo |
| UTI Liquid Cash Dir | 4 star | 4.46 | 4.11 | 5.34 | 0.14 | 27,442 | 6.77 | 0.01 (1) | 9yrs 10mo |
| Baroda BNP Paribas Liquid Dir | 5 star | 4.51 | 4.14 | 5.37 | 0.19 | 3,961 | 6.84 | 0.01 (1) | 9yrs 10mo |
| Mirae Asset Cash Management Dir | 4 star | 4.45 | 4.13 | 5.33 | 0.17 | 3,923 | 6.61 | 0.01 (1) | 9yrs 10mo |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 72 | 46 |
| Modified Duration (yrs) | 0.12 | 0.11 |
| Average Maturity (yrs) | 0.13 | 0.11 |
| Yield to Maturity (%) | 6.24 | 6.23 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For SBI Liquid Fund
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
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