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Liquid Mutual Funds also referred to as Emergency Mutual Funds, are debt schemes, that are least risky and ideal for very short-term investment. In general, experts take this fund type as the best alternative to savings bank accounts or Fixed Deposits!
Liquid funds aim to generate good returns over a short period, its fund manager, mostly invests in high credit quality debt instruments, with short-term maturities (up to 6 months).
In short, liquid funds are the best option for those investors, who are looking for a short-term investment, to park their idle cash, and earn some benefits.
Well, investors can also use their liquid fund investment for investing in an equity fund. For that, they can initially invest the money in a liquid fund, and then opt for a Systematic Transfer Plan (STP), to an equity fund of their choice.
For such investors, we have prepared a list of some of the BEST LIQUID MUTUAL FUNDS, based on returns, latest Nav, ratings, performance, etc. for your assistance.
To receive a free advisory on Investments In Mutual Fund, contact our executives asap!
ICICI Prudential Liquid Fund – Growth
A liquid fund category debt mutual fund, run and managed by Axis Mutual Fund House. The fund has 99.25% investment in Debt of which 24.24% in Government securities, and 74.98% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 34,603 crores and it charges a total expense ratio of around 0.29%. 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 Scheme aims to provide reasonable returns commensurate with low risk and provide a high level of liquidity, through investments made primarily in the money market and debt instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts or Fixed Deposits.
UTI Liquid Cash Plan-Growth
A liquid fund category debt mutual fund, run and managed by Aditya Birla Sun Life Mutual Fund House. The fund has 200.56% investment in Debt of which 57.26% in Government securities, and 143.3% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 27,779 crores and it charges a total expense ratio of around 0.24%. 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 objective of the scheme is to generate steady and reasonable income, with low risk and a high level of liquidity from a portfolio of money market securities and high-quality debt.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts or Fixed Deposits.
Baroda BNP Paribas Liquid Fund– Growth
A liquid fund category debt mutual fund, run and managed by Nippon India Mutual Fund House. The fund has 104.77% investment in Debt of which 27.15% in Government securities, and 77.62% in funds invested in very low-risk securities.
The fund size of the scheme is around Rs 4,700 crores and it charges a total expense ratio of around 0.16%. 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 objective of the scheme is to generate income with a high level of liquidity by investing in a portfolio of money market and debt securities.
This fund is best recommended to investors looking to invest money in the short-term and who are looking for alternatives to bank accounts 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- 0612-6604453 or mail us at [email protected].
For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.
Happy Investing!
(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 of future returns).