Overview
ITI Liquid Fund Direct Growth
ITI Mutual Fund
The scheme seeks to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Investments in ITI Liquid Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 1355.1113
Fund Size (AUM)
₹48.22 Cr
Risk
Low (Risk rating: 1/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
24-Apr-2019
Expense Ratio
0.09%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.26
History
Performance & Ratios
1-Year SIP Return
7.28%
3-Year SIP Return
7.02%
5-Year SIP Return
6.18%
Mean Return
-
Alpha
1.31
Beta
0.53
Sharpe Ratio
0.8
Sortino Ratio
0.77
Information Ratio
9.37
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.15% | 6.63% | 5.22% | 4.06% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 32 | 31 | 32 | N/A |
Holdings (12)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 10.29% |
| Bajaj Finance Ltd. | Financial | CP | 10.26% |
| ICICI Securities Ltd. | Financial | CP | 10.26% |
| Punjab National Bank | Financial | CD | 9.25% |
| Canara Bank | Financial | CD | 9.23% |
| HDFC Bank Ltd. | Financial | CD | 9.22% |
| LIC Housing Finance Ltd. | Financial | Debenture | 8.27% |
| Bank Of Baroda | Financial | CD | 8.19% |
| Indian Bank | Financial | CD | 6.16% |
| Reserve Bank of India | Financial | T-Bills | 6.14% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 7, 14, 21, 28
Min Amount: ₹ 1000
Min Installments: 2
AMC Details
Asset Management Company
ITI Mutual Fund
None ITI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
2018-05-14T00:00:00.241Z
Total AUM
₹ 9273.61 Cr
Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
022-66214999
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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ITI Liquid Fund Direct Growth
ITI Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ITI Liquid Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ITI Liquid Fund Direct Growth?
The top stocks held by ITI Liquid Fund Direct Growth include Reserve Bank of India, Bajaj Finance Ltd., ICICI Securities Ltd..
Which industries does ITI Liquid Fund Direct Growth invest in?
ITI Liquid Fund Direct Growth primarily invests in the following industries: Financial.
Who is the fund manager of ITI Liquid Fund Direct Growth?
The fund manager of ITI Liquid Fund Direct Growth is Laukik Bagwe.
How many years has the fund manager been managing ITI Liquid Fund Direct Growth?
Laukik Bagwe: Calculating...
What is the minimum investment for ITI Liquid Fund Direct Growth?
The minimum investment for ITI Liquid Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for ITI Liquid Fund Direct Growth?
Calculating...
What are the average 3-year returns for ITI Liquid Fund Direct Growth?
Calculating...
What is the expense ratio of ITI Liquid Fund Direct Growth, and how does it compare to its category?
The expense ratio of ITI Liquid Fund Direct Growth is 0.09%. The average expense ratio for similar funds in the Debt is Calculating....