ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl

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Debt
Direct
Liquid
NAV: ₹ 1278.31 as on 12-06-2024

About the Fund

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 24 April, 2019. The fund is managed by Vikrant Mehta. This fund is suitable to keep your money safe.

Key Parameters

  1. ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl has ₹57 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl has given a CAGR return of 4.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.06%, 5.55% and 4.84% respectively.

Holdings

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 6.69% Govt Stock 2024, ICICI Bank Limited, Bank Of Baroda, Power Grid Corporation Of India Limited, Export-Import Bank Of India

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 ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.09%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹57 Cr
Inception Date
Inception Date
24 April, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
719.61%

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
60.8%
Corporate
39.2%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 38.2 Cr
₹ 33.8 Cr
₹ 85.4 Cr
  • AUM of the fund stands at 38.2 Cr as of Apr'24
  • AUM increased by 4.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl as on (31-May-24)

  • Debt & Cash

Debt Holdings9
Holdings
Weight%
1M Change
6.69% Govt Stock 2024
6.69% Govt Stock 2024
35.31%
0%
ICICI Bank Limited
ICICI Bank Limited
12.33%
0%
Bank Of Baroda
Bank Of Baroda
9.69%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
8.84%
0%
Export-Import Bank Of India
Export-Import Bank Of India
8.81%
0%

Fund Manager

Vikrant Mehta
Vikrant Mehta
Fund Manager of ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl, since 18 January 2021

ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl 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 4.89% since inception which is more than its category average return of 4.81%
AUM size ₹57 Cr

AUM size ₹57 Cr

This fund has AUM of ₹57 Cr which is less than its category average of ₹ 12542 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl is ₹1278.31 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.6%
0.6%
6 Month Returns
3.55%
3.55%
1 Year Returns
7.06%
7.06%
3 Years Returns
17.6%
5.55%
5 Years Returns
26.68%
4.84%
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.
0.09% as on May 2024
₹57 Cr as on May 2024
6.69% Govt Stock 2024(35.31%), ICICI Bank Limited(12.33%), Bank Of Baroda(9.69%), Power Grid Corporation Of India Limited(8.84%), Export-Import Bank Of India(8.81%) as on May 2024
Cash Equivalent(69.1%), Corporate(22.07%), Government(8.83%) as on May 2024
Yield to Maturity is 6.94 as on May 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 May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikrant Mehta is the fund manager of ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl
The Exit load of ITI Liquid Fund Direct Annually Payout Inc Dist cum Cap Wdrl is 0.01%