Latest News
-
1:1 Bonus, Rs 167.6 Sh/Dividend Paid: Tata's IT Co Announces Highest Ever Rs 70/Sh Dividend; Q4 Results Here -
3 Free Shares, Rs 4/Share Dividend: Pharma Stock Rallies On Bonus Share, Dividend Proposal -
Google CEO Sundar Pichai Terminates Over 20 Employees Amidst Internal Protests Over Israel; Reports -
Hidden Tata Group Stock To Pay Highest Rs 25/Sh Dividend Soon; Turns Rs 9,000 To Rs 9 Lakh In Long Term -
Gold Prices In US: Yellow Metal Rates Retreat As Middle East Tensions Ease; US Economic Data In Focus -
Sakuma Exports Secures Rs. 150 Cr Deal; Okays Rights Issue Amidst Positive Outlook -
Here Are Some Best All-Round Credit Cards Of 2024 Which Could Lead To Maximum Savings! -
Stock To Buy: Multibagger Tata Stock Hits 20% Upper Circuit, Gains 37.22% In 1-Week; TP Rs 1100 -
Closing Bell: Sensex, Nifty Extend Gains 3rd Day; India VIX Records Biggest Single Day Fall Since May 2019 -
Mutual Funds: 10 PSU Stocks Have Reduced Holdings
This Liquid Fund Has Delivered 6.86% Annual Average Returns, Should You Invest?
In certain situations, liquid funds do have an edge over savings accounts as these are actively managed by an expert fund manager. The returns will depend on which bank you have your account in and which liquid fund you intend to venture into. There are certain banks that can provide higher returns in their savings accounts compared to certain liquid funds and vice versa. In this article, we have given insights into the one such liquid funds that have given good returns.
HDFC Liquid Fund - Direct Plan - Growth
This is a liquid fund scheme from the HDFC Mutual Fund. The fund's assets under management as of 28 February 2022 are Rs 55604.24 Crore, and the recent declared Net Asset Value (NAV) dated 02 April 2022 is Rs 4185.1731. The fund has an expense ratio of 0.2%, which is comparatively higher than its category average return. It is an open-ended fund with a low to moderate risk level. This has been rated 1 star by the rating agency CRISIL and 2 star by Value Research. As this is a liquid fund, it is a good investment destination for short-term investment or to park contingency Funds.
Absolute And Annualised Returns
Lump-Sum Investment Returns
Since its inception, the fund has delivered 6.86% average annual returns.
| Investment Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 10.35% | 10.35% |
| 2 Year | 33.24% | 15.43% |
| 3 Year | 29.58% | 9.00% |
| 5 Year | 50.40% | 8.50% |
| Since Inception | 132.19% | 9.55% |
SIP Returns
| SIP Period | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 3.77% | 7.06% |
| 2 Year | 12.24% | 11.53% |
| 3 Year | 18.27% | 11.21% |
| 5 Year | 26.41% | 9.31% |
Portfolio
The fund has 67.18% investment in Debt of which 18.81% in Government securities, and 48.37% in funds invested in very low-risk securities.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than in the category.
The fund's top holdings are in the Reserve Bank of India (RBI), National Bank For Agriculture & Rural Development, National Thermal Power Corp. Ltd., Government Of India, and Reliance Retail Ventures Ltd.
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
