July 8, 2022
mayank
ICICI Prudential Liquid Fund Guidance
NAV Growth : Rs 318.7081
NAV IDCW Yearly : Rs 102.9801
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 reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.
Fund Manager :
— Rahul Goswami
Education : Mr. Goswami is a B. Sc (Mathematics and MBA (Finance)
Experience : Prior to joining ICICI Prudential AMC he has worked with UTI Bank Ltd. and Franklin Templeton Asset Management Pvt. Ltd.
— Rohan Maru
Education : Mr. Maru is M.Com and MBA in Finance.
Experience : Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Investment Details
| Min. Investment (Rs) | 99 |
| Min. Addl Investment (Rs) | 1 |
| Min. SIP Investment (Rs) | 99 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| 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: | ICICI Prudential Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 6.83% |
| Benchmark: | CRISIL Liquid Fund BI Index |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | Rs 43,502 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.20% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | Average |
ICICI Prudential Liquid Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Liquid Direct-G | 2 | 0.01 | 0.1 | 0.42 | 1.01 | 1.92 | 3.68 | 4.19 | 5.4 | 6 | — |
| CCIL T Bill Liquidity Weight | 0.95 | 0.01 | 0.08 | 0.28 | 0.38 | 0.88 | 1.99 | 2.66 | 3.3 | 3.67 | — |
| Debt: Liquid | 2.01 | 0.01 | 0.1 | 0.42 | 1.03 | 1.94 | 3.68 | 4.11 | 5.34 | 5.95 | — |
| Rank within category | 27 | 27 | 21 | 17 | 30 | 28 | 27 | 14 | 15 | 12 | — |
| Number of funds in category | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 36 | 32 | 31 | 1 |
ICICI Prudential Liquid Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Liquid Fund | 3 star | Jan-13 | 3.68 | 4.19 | 5.4 | 0.20% | 43,502 |
| Aditya Birla Sun Life Liquid Fund | 4 star | Jan-13 | 3.74 | 4.24 | 5.46 | 0.21% | 36,735 |
| Baroda BNP Paribas Liquid Fund | 4 star | Jan-13 | 3.78 | 4.2 | 5.44 | 0.16% | 5,830 |
| LIC MF Liquid Fund | 4 star | Jan-13 | 3.7 | 4.23 | 5.42 | 0.11% | 5,384 |
| Mirae Asset Cash Management Fund | 4 star | Jan-13 | 3.72 | 4.19 | 5.41 | 0.17% | 3,472 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 131 | 131 | 80 | 49 |
| Modified Duration (yrs) | 0.08 | 0.14 | 0.06 | — |
| Average Maturity (yrs) | 0.08 | 0.15 | 0.06 | — |
| Yield to Maturity (%) | 4.74 | 4.74 | 3.29 | — |
| Avg Credit Rating | AAA | — | — | — |
ICICI Prudential Liquid Fund Guidance by Chanakya :
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