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Liquid Mutual Funds, a type of debt mutual funds with very low maturity, and especially recommended to investors who wish to park their idle cash for a short duration without the risk of Capital Loss.
These funds having low maturity, are not associated with any lock-in period and this investor can easily redeem their investments anytime they want. The best part is investors receive their money the very next day of their redemption!
Liquid funds are also taken as the best option for an individual to create their emergency funds or corpus!
HOW DOES LIQUID FUND WORKS?
Well, let us understand the working of liquid funds through the following points:
- Liquid funds invest in debt and money market instruments, that have a very short maturity period, of only up to three months that is 91 days. As these funds have very short maturity, their investors generally hold these funds till maturity, and this saves liquid funds from the effect of risk that comes from the interest rate volatility.
- Being a short-term investment, a liquid fund mostly invests in instruments with a high credit rating. Net Asset Value (NAV) of the liquid fund, mostly changes with the change in the interest income that the fund receives.
- When the investor redeems his funds, the return is credited to their respective bank account the very next day.
Well, if you are looking for a fund to park your money for a term or the short term without the risk of capital loss then end your research at Liquid funds and plan your investment in the same. Here we have some of the BEST LIQUID FUNDS listed below, for your assistance!
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Axis Liquid Fund Growth
A liquid fund category debt mutual fund, run and managed by Axis Mutual Fund House. The fund has 88.85% investment in Debt, out of which 38.07% in Government securities, 48.94% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 27,007 crores and it charges a total expense ratio of around 0.25%. The fund charges a very small amount as exit load on different redemption conditions like:
- The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
- The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
- The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
- The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
- The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
- The fund charges an exit load equal to 0.0045000000000000005% if the fund is sold before 6 days.
The prime objective of the fund is to provide a high level of liquidity with reasonable returns and low risk through a portfolio of money market and debt securities.
The fund is best recommended to investors who are looking to invest for very short-term or looking for an alternate option to a savings bank account or fixed deposits.
Invesco India Liquid Fund – Growth
A liquid fund category debt mutual fund, run and managed by Invesco Mutual Fund House. The fund has 97.16% investment in Debt, out of which 31.13% in Government securities, 66.03% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 4,511 crores and it charges a total expense ratio of around 0.22%. The fund charges a very small amount as exit load on different redemption conditions like:
- The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
- The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
- The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
- The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
- The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
- The fund charges an exit load equal to 0.0045000000000000005% if the fund is sold before 6 days.
The prime objective of the fund is to generate income commensurate with low risk and high liquidity, through a portfolio of Debt and Money Market Instruments.
The fund is best recommended to investors who are looking to invest for very short-term or looking for an alternate option to a savings bank account or fixed deposits.
JM Liquid Fund – Growth
A liquid fund category debt mutual fund, run and managed by JM Mutual Fund House. The fund has 70.81% investment in Debt, out of which 29.19% in Government securities, 41.62% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 1,137 crores and it charges a total expense ratio of around 0.32%. The fund charges a very small amount as exit load on different redemption conditions like:
- The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
- The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
- The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
- The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
- The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
- The fund charges an exit load equal to 0.0045000000000000005% if the fund is sold before 6 days.
The prime objective of the fund is providing income by way of dividends and capital gains through investments in debt and money market instruments.
The fund is best recommended to investors who are looking to invest for very short-term or looking for an alternate option to a savings bank account or fixed deposits.
Indiabulls Liquid Fund - Existing Plan-Growth
A liquid fund category debt mutual fund, run and managed by Indiabulls Mutual Fund House. The fund has 62.4% investment in Debt, out of which 35.61% in Government securities, 26.79% in funds invested in very low-risk securities.
The fund size (Asset Under Management) of the scheme is around Rs 167 crores and it charges a total expense ratio of around 0.22%. The fund charges a very small amount as exit load on different redemption conditions like:
- The fund charges an exit load equal to 0.006999999999999999% of sell value if the fund is sold before 1 day.
- The fund charges an exit load equal to 0.0065% if the fund is sold before 2 days.
- The fund charges an exit load equal to 0.006% if the fund is sold before 3 days.
- The fund charges an exit load equal to 0.0055000000000000005% if the fund is sold before 4 days.
- The fund charges an exit load equal to 0.005% if the fund is sold before 5 days.
- The fund charges an exit load equal to 0.0045000000000000005% if the fund is sold before 6 days.
The prime objective of the fund is to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91days.
The fund is best recommended to investors who are looking to invest for very short-term or looking for an alternate option to a savings bank account or fixed deposits.
To get more details about the fund you can refer to the fund fact sheet or you can get in touch with us. Call us on- 06126604453 or mail us at- [email protected]
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(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).