August 17, 2023
mayank
Tata Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 3,643.9515
NAV IDCW Daily: Rs 1,001.5187
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 reasonable returns with high liquidity to the unit holders
Fund Manager:
1) Amit Somani
Education: Mr.Somani is a B.Com, PGDBM and CFA.
Experience: Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
2) Abhishek Sonthalia
Education: Mr. Sonthalia has done B. Com, Management Programme from NITIE and CFA Charter holder.
Experience: Prior to joining Tata Mutual Fund, he has worked with CRISIL Ltd. and TCS.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| 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 Tata Liquid Fund
| Fund House | Tata Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.83% |
| Benchmark | CRISIL Liquid Debt A-I Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 27,694 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.21% |
| (As on 31-Jul-2023) | |
| Risk Grade | — |
| Return Grade | Below Average |
Tata Liquid Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Liquid Dir | 4.32 | 0.02 | 0.56 | 1.72 | 3.47 | 6.70 | 4.60 | 5.31 | 5.79 | 6.71 |
| CCIL T Bill Liquidity Weight | 2.72 | 0.05 | 0.36 | 1.24 | 2.33 | 4.03 | 2.75 | 3.29 | 3.51 | 4.17 |
| Debt: Liquid | 4.31 | 0.02 | 0.56 | 1.71 | 3.46 | 6.68 | 4.59 | 5.22 | 5.72 | 6.65 |
| Rank within category | 22 | 21 | 12 | 18 | 23 | 24 | 20 | 11 | 11 | 7 |
| Number of funds in category | 35 | 36 | 36 | 35 | 35 | 35 | 34 | 31 | 30 | 28 |
Tata 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 | |
| Tata Liquid Dir | 2 star | 6.70 | 4.60 | 5.31 | 0.21 | 27,694 | 6.83 | 0.01 (1) | 10Y 7M |
| ABSL Liquid Dir | 5 star | 6.83 | 4.67 | 5.36 | 0.21 | 46,406 | 6.86 | 0.01 (1) | 10Y 7M |
| UTI Liquid Cash Dir | 4 star | 6.77 | 4.64 | 5.30 | 0.16 | 33,902 | 6.79 | 0.01 (1) | 10Y 7M |
| Axis Liquid Dir | 4 star | 6.78 | 4.64 | 5.32 | 0.17 | 27,002 | 6.82 | 0.01 (1) | 10Y 7M |
| HSBC Liquid Dir | 4 star | 6.75 | 4.60 | 5.26 | 0.12 | 17,136 | 6.78 | 0.01 (1) | 10Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 93 | 58 |
| Macaulay Duration (yrs) | 0.11 | 0.10 |
| Average Maturity (yrs) | 0.11 | 0.09 |
| Yield to Maturity (%) | 6.94 | 6.82 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Tata Liquid Fund
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