October 6, 2023
mayank
LIC MF Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth : Rs 4,233.7572
Weekly NAV IDCW: Rs 1,014.8561
Monthly NAV IDCW : Rs 1,027.7399
NAV IDCW Daily: Rs 1,015.4917
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 with low risk and high liquidity from a portfolio of debt and money market instruments.
Fund Manager:
1) Rahul Singh
Education: Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience: Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 – April 2006).
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | |
| 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 LIC MF Liquid Fund
| Fund House | LIC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.80% |
| Benchmark | CRISIL Liquid Debt B-I Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 8,164 Cr |
| (As on 30-Sep-2023) | |
| Expense | 0.16% |
| (As on 31-Aug-2023) | |
| Risk Grade | — |
| Return Grade | Average |
LIC MF Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| LIC MF Liquid Dir | 5.30 | 0.02 | 0.57 | 1.69 | 3.44 | 6.89 | 4.79 | 5.31 | 5.79 | 6.63 |
| CCIL T Bill Liquidity Weight | 3.24 | 0.01 | 0.33 | 0.99 | 2.30 | 4.24 | 2.81 | 3.28 | 3.50 | 4.07 |
| Debt: Liquid | 5.29 | 0.02 | 0.56 | 1.71 | 3.46 | 6.87 | 4.76 | 5.24 | 5.72 | 6.59 |
| Rank within category | 25 | 27 | 27 | 28 | 26 | 24 | 16 | 10 | 10 | 10 |
| Number of funds in category | 35 | 36 | 36 | 35 | 35 | 35 | 34 | 31 | 30 | 28 |
LIC MF Liquid Fund Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| LIC MF Liquid Dir | 3 star | 6.89 | 4.79 | 5.31 | 0.16 | 8,164 | 6.80 | 0.01 (1) | 10Y 9M |
| ABSL Liquid Dir | 5 star | 7.03 | 4.84 | 5.35 | 0.21 | 32,542 | 6.87 | 0.01 (1) | 10Y 9M |
| UTI Liquid Cash Dir | 4 star | 6.96 | 4.82 | 5.30 | 0.17 | 21,910 | 6.79 | 0.01 (1) | 10Y 9M |
| Axis Liquid Dir | 4 star | 6.97 | 4.81 | 5.31 | 0.17 | 21,632 | 6.82 | 0.01 (1) | 10Y 9M |
| Mirae Asset Cash Management Dir | 4 star | 6.95 | 4.83 | 5.29 | 0.12 | 8,563 | 6.64 | 0.01 (1) | 10Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 61 | 52 |
| Macaulay Duration (yrs) | 0.11 | 0.11 |
| Average Maturity (yrs) | 0.11 | 0.10 |
| Yield to Maturity (%) | 7.02 | 6.95 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For LIC MF Liquid Fund
Apply Online: https://www.licmf.com/fund-overview/All
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