ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Liquid
NAV: ₹ 1002.1 as on 01-06-2023
Fund Performance
About the Fund
ITI Liquid Fund Direct Monthly Reinvestment 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 Monthly Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹1002.0519 as on 01-06-2023.
2) ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl has ₹48 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.09 %.
ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.09% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹48 Cr |
 | 24 April, 2019 |
 | ₹5000/₹500 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 754.2% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
88.9%
Corporate
11.1%
Top Holdings of ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl as on (31-May-23)
Debt Holdings5
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Grid Corporation Of India Limited | 14.91% | 0% | |
Chennai Petroleum Corporation Ltd. | 14.89% | 0% | |
Canara Bank | 11.86% | 0% | |
Export-Import Bank Of India | 11.85% | 0% | |
Small Industries Development Bank Of India | 8.91% | 0% |
ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.50% whereas the fund’s underlying benchmark Liquid Index returns stands at 0.41% as on Apr'23
- This fund outperformed Liquid Index by 0.09% in Apr'23
AUM Change
- AUM of the fund stands at 35.7 Cr as of Mar'23
- AUM increased by 3.8 Cr between Mar'23 and Feb'23
Fund Portfolio Changes
Peer Analysis
ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Vikrant Mehta
Fund Manager of ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl, since 18 January 2021
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 3.88% since inception which is less than its category average return of 4.75%
AUM size ₹48 Cr
This fund has AUM of ₹48 Cr which is less than its category average of ₹ 11787 Cr
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 Monthly Reinvestment Inc Dist cum Cap Wdrl is ₹1002.05 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.28% | 3.28% |
1 Year Returns | 6.05% | 6.05% |
3 Years Returns | 12.38% | 3.97% |
5 Years Returns | 0% | 0% |
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 2023
₹48 Cr as on May 2023
Power Grid Corporation Of India Limited(14.91%), Chennai Petroleum Corporation Ltd.(14.89%), Canara Bank(11.86%), Export-Import Bank Of India(11.85%), Small Industries Development Bank Of India(8.91%) as on May 2023
Yield to Maturity is 6.91 as on May 2023. 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 0.08 as on May 2023. 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 Monthly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ITI Liquid Fund Direct Monthly Reinvestment Inc Dist cum Cap Wdrl is 0.01%