February 14, 2025
mayank
ITI Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 1,336.9041
Yearly NAV IDCW: Rs 1,338.3753
Monthly NAV IDCW : Rs 1,004.1788
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 reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1 |
| 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 of ITI Liquid Fund
| Fund House | ITI Mutual Fund |
| Launch Date | 24-Apr-19 |
| Return Since Launch | 5.12% |
| Benchmark | CRISIL Liquid Debt A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 81 Cr |
| (As on 31-Jan-2025) | |
| Expense | 0.09% |
| (As on 31-Jan-2025) | |
| Risk Grade | — |
| Return Grade | Below Average |
Trailing Returns (%) of ITI Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ITI Liquid Dir | 0.84 | 0.02 | 0.60 | 1.74 | 3.51 | 7.12 | 6.38 | 5.08 | — | — |
| CCIL T Bill Liquidity Weight | 0.66 | 0.00 | 0.51 | 1.16 | 2.34 | 4.84 | 4.04 | 3.41 | — | — |
| Debt: Liquid | 0.86 | 0.02 | 0.61 | 1.77 | 3.57 | 7.36 | 6.58 | 5.39 | — | — |
| Rank within category | 33 | 30 | 33 | 32 | 32 | 32 | 32 | 33 | — | — |
| Number of funds in category | 38 | 38 | 38 | 37 | 37 | 37 | 35 | 34 | 30 | 29 |
Peer Comparison of ITI Liquid 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 | |
| ITI Liquid Dir | 2 star | 7.12 | 6.38 | 5.08 | 0.09 | 81 | 5.12 | 0.01 (1) | 5Y 9M |
| ABSL Liquid Dir | 5 star | 7.49 | 6.69 | 5.51 | 0.21 | 49,810 | 6.93 | 0.01 (1) | 12Y 1M |
| Axis Liquid Dir | 4 star | 7.48 | 6.66 | 5.48 | 0.09 | 43,034 | 6.89 | 0.01 (1) | 12Y 1M |
| Nippon India Liquid Dir | 4 star | 7.45 | 6.64 | 5.48 | 0.20 | 31,095 | 6.90 | 0.01 (1) | 12Y 1M |
| HSBC Liquid Dir | 4 star | 7.44 | 6.64 | 5.43 | 0.12 | 22,670 | 6.85 | 0.01 (1) | 12Y 1M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 10 | 69 |
| Macaulay Duration (yrs) | 0.06 | 0.12 |
| Average Maturity (yrs) | 0.06 | 0.11 |
| Yield to Maturity (%) | 6.88 | 6.97 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ITI Liquid Fund
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