DSP Liquidity Fund
An open ended liquid scheme
DSP Liquidity Fund
An open ended liquid scheme

Cash fund with underlying securities <91 days
Suitable for investing surplus cash over short-term(minimum1day)

Fund Manager

Kedar Karnik
Total work experience of 14 years.
Managing this Scheme since July 2016.

Fund Category

Liquid

Inception date

Mar 11, 1998

Benchmark

CRISIL Liquid Fund Index

NAV
Regular Plan  
Growth: ₹ 2875.2405
Direct Plan  
Growth: ₹ 2895.2178
Total aum

₹ 12,286 Cr

Monthly average aum

₹ 11,094 Cr

Month End Expense Ratio
Regular Plan : 0.21%
Direct Plan : 0.15%
Average Maturity

0.12 years

Investment Horizon (Minimum)

1 day

Quantitative Measures
Modified Duration 0.11 years
Yield To Maturity 3.33%
Portfolio Macaulay Duration@@ 0.11 years
Exit Load

Day of redemption/ switch from the date of applicable NAVExit load as a % of redemption/switch proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000%

Data As On September 30, 2020

Name of InstrumentRating% to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
LIC Housing Finance Limited CARE AAA 1.10
Housing Development Finance Corporation Limited CRISIL AAA 0.96
Bajaj Finance Limited CRISIL AAA 0.65
Reliance Industries Limited CRISIL AAA 0.22
Total 2.93
Government Securities (Central/State)
8.12% GOI 10-12-2020 SOV 0.42
Total 0.42
MONEY MARKET INSTRUMENTS
Certificate of Deposit
Export-Import Bank of India CRISIL A1+ 1.62
Total 1.62
Commercial Papers
Listed / awaiting listing on the stock exchanges
✔ Indian Oil Corporation Limited ICRA A1+ 7.30
✔ Chennai Petroleum Corporation Limited CRISIL A1+ 4.87
✔ Housing Development Finance Corporation Limited CRISIL A1+ 4.86
✔ Reliance Retail Ventures Limited CARE A1+ 4.05
✔ Kotak Mahindra Prime Limited CRISIL A1+ 2.44
ICICI Securities Limited CRISIL A1+ 2.02
Dalmia Cement (Bharat) Limited CRISIL A1+ 1.62
Axis Finance Limited CRISIL A1+ 1.62
Godrej Industries Limited CRISIL A1+ 1.01
Standard Chartered Investments and Loans (India) Limited CRISIL A1+ 0.85
Reliance Industries Limited CARE A1+ 0.81
Chambal Fertilizers & Chemicals Limited CRISIL A1+ 0.81
Cholamandalam Investment and Finance Company Limited CRISIL A1+ 0.81
Godrej & Boyce Manufacturing Company Limited CRISIL A1+ 0.81
Total 33.88
Treasury Bill
✔ 182 DAY T-BILL 06112020 SOV 12.17
✔ 182 DAY T-BILL 29102020 SOV 10.56
✔ 91 DAY T-BILL 22102020 SOV 7.11
✔ 182 DAY T-BILL 17122020 SOV 4.04
✔ 91 DAY T-BILL 24122020 SOV 4.04
364 DAY T-BILL 19112020 SOV 2.43
182 DAY T-BILL 19112020 SOV 2.23
182 DAY T-BILL 24122020 SOV 1.62
364 DAY T-BILL 10122020 SOV 1.38
91 DAY T-BILL 17122020 SOV 1.09
91 DAY T-BILL 26112020 SOV 0.81
91 DAY T-BILL 15102020 SOV 0.12
Total 47.60
TREPS / Reverse Repo Investments / Corporate Debt Repo 15.86
Total 15.86
Cash & Cash Equivalent
Net Receivables/Payables -2.31
Total -2.31
GRAND TOTAL 100.00

as on 30th Sept'20

✔ Top Ten Holdings

Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.
As on September 30, 2020, the aggregate investments by the schemes of DSP Mutual Fund in DSP Liquidity Fund is Rs 6,593.40 lakhs.


Performance (CAGR Returns in %)
1 wk 1 m 3 m 1 yr
3.823.193.164.71

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Investment Objective

An Open Ended Income (Liquid) Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Open Ended Income (Liquid) Scheme is suitable for investors who are seeking*
• Income over a short-term investment horizon
• Investment in money market and debt securities, with maturity not exceeding 91 days

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.