HDFC Liquid Fund Direct Growth

HDFC Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 12-12-2024

₹ 4984.19

Inception Returns

6.8%

/yr

About HDFC Liquid Fund Direct Growth

HDFC Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anupam Joshi. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Liquid Fund Direct Growth has ₹72223 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HDFC Liquid Fund Direct Growth has given a CAGR return of 6.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.43%, 6.37% and 5.34% respectively.

Holdings

HDFC Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 6.89% Govt Stock 2025, State Bank Of India, State Bank Of India, Bank of Baroda, 91 DTB 03012025

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Liquid Fund Direct Growth

To generate income through a portfolio comprising money market and debt instruments. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. HDFC Liquid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1838 people have invested ₹ 40.8Cr in HDFC Liquid Fund Direct Growth in the last three months

HDFC Liquid Fund Direct Growth Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹72223 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹1000
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
278.61%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (12-Dec-24)

Period
HDFC Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.4%
3M
1.7%
1.4%
6M
3.5%
3%
1Y
7.4%
6.7%
3Y
6.4%
5.9%
5Y
5.3%
4.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
98.1%

AA
1.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 67.3K Cr
₹ 58.6K Cr
₹ 64.2K Cr
  • AUM of the fund stands at 67.3K Cr as of Oct'24
  • AUM increased by 8.8K Cr between Oct'24 and Sep'24
Cash allocation has gone up from 99.7% to 99.8%
Cash allocation has gone up from 99.7% to 99.8%

Top 3 Sectors in October were Financial Services, Corporate & Government

Oct'24
Financial Services
100%
Sep'24
Financial Services
100%
Corporate
25%
Government
  • Debt & Cash

Holdings
Weight%
1M Change
6.89% Govt Stock 2025
6.89% Govt Stock 2025
4.36%
0%
Bank of Baroda
Bank of Baroda
3.44%
0%
State Bank Of India
State Bank Of India
3.44%
0%
State Bank Of India
State Bank Of India
3.44%
0%
91 DTB 03012025
91 DTB 03012025
3.09%
0%
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Anupam Joshi
Anupam Joshi
Fund Manager of HDFC Liquid Fund Direct Growth, since 27 October 2015
Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹8.1L Cr
as on 31-Oct-2024
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.47% return, outperforming this fund by 0.1% per annum.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.43% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 27.1% growth in AUM moving from 56.81K Cr to 72.22K Cr.
Insights icon
This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.26%.
Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.56% return, outperforming this fund by 0.13%.

HDFC Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.82% since inception which is more than its category average return of 5%
AUM size ₹72223 Cr

AUM size ₹72223 Cr

This fund has AUM of ₹72223 Cr which is more than its category average of ₹ 13845 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for HDFC Liquid Fund Direct Growth

The current NAV of HDFC Liquid Fund Direct Growth is ₹4984.19 as on 12-Dec-2024.
Existing (Absolute + CAGR) as on 12-Dec-2024.
HDFC Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.54%
3.54%
1 Year Returns
7.43%
7.43%
3 Years Returns
20.37%
6.37%
5 Years Returns
29.7%
5.34%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.2% as on November 2024
₹72223 Cr as on November 2024
6.89% Govt Stock 2025(4.36%), State Bank Of India(3.44%), State Bank Of India(3.44%), Bank of Baroda(3.44%), 91 DTB 03012025(3.09%) as on November 2024
Cash Equivalent(71.43%), Corporate(26.95%), Government(1.62%) as on November 2024
Yield to Maturity is 6.95 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.1 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
98.06
AA
1.94
Anupam Joshi is the fund manager of HDFC Liquid Fund Direct Growth
The Exit load of HDFC Liquid Fund Direct Growth is 0.01%