Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal

Debt
Direct
Liquid
Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal

About the Fund

Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devesh Thacker. This fund is suitable to keep your money safe.

Key Parameters

  1. Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal has ₹3071 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

Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal has given a CAGR return of 5.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.77%, 5.45% and 4.80% respectively.

Holdings

Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Reliance Jio Infocomm Limited**, Axis Bank Limited, 91 DTB 08082024, 182 DTB 22082024, Punjab National Bank

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 Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal

To provide reasonable returns commensurate with lower risk and 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 achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.07%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹3071 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
488.41%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
60.7%
Corporate
24.8%
Government
14.5%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Reliance Jio Infocomm Limited**
Reliance Jio Infocomm Limited**
3.25%
0%
Axis Bank Limited
Axis Bank Limited
2.44%
-98.5%
91 DTB 08082024
91 DTB 08082024
2.42%
100%
182 DTB 22082024
182 DTB 22082024
2.41%
0%
Punjab National Bank
Punjab National Bank
2.41%
100%

Devesh Thacker
Devesh Thacker
Fund Manager of Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal, since 2 September 2010

Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal 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 5.16% since inception which is more than its category average return of 4.8%
AUM size ₹3071 Cr

AUM size ₹3071 Cr

This fund has AUM of ₹3071 Cr which is less than its category average of ₹ 12929 Cr
Expense Ratio 0.07%

Expense Ratio 0.07%

This fund has an expense ratio of 0.07% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal is ₹1001 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
0.45%
0.45%
6 Month Returns
3.39%
3.39%
1 Year Returns
6.77%
6.77%
3 Years Returns
17.26%
5.45%
5 Years Returns
26.41%
4.8%
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.
0.07% as on May 2024
₹3071 Cr as on May 2024
Reliance Jio Infocomm Limited**(3.25%), Axis Bank Limited(2.44%), 91 DTB 08082024(2.42%), 182 DTB 22082024(2.41%), Punjab National Bank(2.41%) as on May 2024
Cash Equivalent(60.69%), Corporate(24.79%), Government(14.51%) as on May 2024
Yield to Maturity is 7.22 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 0.11 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Devesh Thacker is the fund manager of Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Union Liquid Fund Direct Plan Weekly Reinvestment of Income Distribution cum capital withdrawal is 0.01%