March 15, 2024
mayank
DSP Liquidity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 3,438.7015
Weekly NAV IDCW: Rs 1,000.8958
Daily NAV IDCW: Rs 1,000.9329
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 fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Fund Manager:
1) Karan Mundra
Education: Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience: He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
2) Kedar Karnik
Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| 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 | DSP Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.81% |
| Benchmark | CRISIL Liquid Debt A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 16,940 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.15% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | Average |
Trailing Returns (%) of DSP Liquidity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Liquidity Dir | 1.50 | 0.02 | 0.60 | 1.86 | 3.61 | 7.27 | 5.40 | 5.24 | 5.79 | 6.52 |
| CCIL T Bill Liquidity Weight | 0.91 | 0.01 | 0.38 | 1.23 | 2.31 | 4.80 | 3.20 | 3.29 | 3.52 | 4.03 |
| Debt: Liquid | 1.48 | 0.02 | 0.59 | 1.84 | 3.59 | 7.23 | 5.37 | 5.21 | 5.75 | 6.49 |
| Rank within category | 9 | 30 | 14 | 12 | 14 | 19 | 16 | 19 | 16 | 15 |
| Number of funds in category | 36 | 37 | 37 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of DSP Liquidity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| DSP Liquidity Dir | 3 star | 7.27 | 5.40 | 5.24 | 0.15 | 16,940 | 6.81 | 0.01 (1) | 11Y 2M |
| ABSL Liquid Dir | 5 star | 7.36 | 5.46 | 5.34 | 0.21 | 43,962 | 6.89 | 0.01 (1) | 11Y 2M |
| Axis Liquid Dir | 4 star | 7.32 | 5.44 | 5.29 | 0.17 | 33,841 | 6.85 | 0.01 (1) | 11Y 2M |
| UTI Liquid Dir | 4 star | 7.30 | 5.43 | 5.28 | 0.18 | 26,477 | 6.81 | 0.01 (1) | 11Y 2M |
| Mirae Asset Liquid Dir | 4 star | 7.31 | 5.43 | 5.28 | 0.12 | 12,303 | 6.67 | 0.01 (1) | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 111 | 64 |
| Macaulay Duration (yrs) | 0.11 | 0.09 |
| Average Maturity (yrs) | 0.12 | 0.09 |
| Yield to Maturity (%) | 7.50 | 7.27 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Liquidity Fund?
Chanakya’s Mutual Fund Guidance For DSP Liquidity Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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