July 22, 2024
mayank
Navi Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 26.9162
Weekly NAV IDCW: Rs 10.0152
Monthly NAV IDCW: Rs 10.0549
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 generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and debt securities.
Fund Manager:
1) Tanmay Sethi
Education: Mr. Sethi has done B.Com and CA
Experience: Prior to joining Navi Mutual Fund, he has worked with HDFC Mutual Fund
Investment Details
| Min. Investment (Rs) | 10 |
| Min. Addl Investment (Rs) | 10 |
| Min. SIP Investment (Rs) | 10 |
| 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 Navi Liquid Fund
| Fund House | Navi 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 82 Cr |
| (As on 30-Jun-2024) | |
| Expense | 0.15% |
| (As on 30-Jun-2024) | |
| Risk Grade | — |
| Return Grade | Low |
Trailing Returns (%) of Navi Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Navi Liquid Dir | 3.78 | 0.02 | 0.55 | 1.65 | 3.41 | 6.90 | 5.83 | 5.05 | 5.68 | 6.39 |
| CCIL T Bill Liquidity Weight | 2.62 | 0.04 | 0.48 | 1.24 | 2.34 | 4.64 | 3.52 | 3.29 | 3.58 | 3.98 |
| Debt: Liquid | 4.07 | 0.02 | 0.59 | 1.75 | 3.68 | 7.34 | 5.85 | 5.21 | 5.79 | 6.42 |
| Rank within category | 36 | 35 | 36 | 36 | 36 | 36 | 28 | 28 | 27 | 24 |
| Number of funds in category | 36 | 37 | 37 | 37 | 36 | 36 | 35 | 34 | 30 | 29 |
Peer Comparison of Navi 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 | |
| Navi Liquid Dir | 1 star | 6.90 | 5.83 | 5.05 | 0.15 | 82 | 6.81 | 0.01 (1) | 11Y 6M |
| ABSL Liquid Dir | 5 star | 7.44 | 5.95 | 5.34 | 0.21 | 42,805 | 6.91 | 0.01 (1) | 11Y 6M |
| Nippon India Liquid Dir | 4 star | 7.42 | 5.92 | 5.31 | 0.20 | 28,790 | 6.89 | 0.01 (1) | 11Y 6M |
| Axis Liquid Dir | 4 star | 7.41 | 5.93 | 5.30 | 0.17 | 23,260 | 6.87 | 0.01 (1) | 11Y 6M |
| HSBC Liquid Dir | 4 star | 7.41 | 5.90 | 5.25 | 0.12 | 15,172 | 6.83 | 0.01 (1) | 11Y 6M |
Portfolio Breakup of Navi Liquid Fund
| Fund | Category | |
| Number of Securities | 11 | 58 |
| Macaulay Duration (yrs) | 0.08 | 0.14 |
| Average Maturity (yrs) | 0.08 | 0.14 |
| Yield to Maturity (%) | 6.86 | 7.17 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Navi Liquid Fund
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