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 13 years.
Managing this Scheme since July 2016.

Fund Category

Liquid

Inception date

Mar 11, 1998

Benchmark

CRISIL Liquid Fund Index

NAV AS ON JUNE 30, 2020
Regular Plan  
Growth: ₹ 2852.4965
Direct Plan  
Growth: ₹ 2871.8281
Total aum

₹ 9,668 Cr

Monthly average aum

₹ 10,860 Cr

Month End Expense Ratio
Regular Plan : 0.22%
Direct Plan : 0.14%
Average Maturity

0.13 years

Investment Horizon (Minimum)

1 day

AUM as on 30 June 2020 (₹ in Cr)

9,668

Quantitative Measures
Modified Duration 0.12 years
Yield To Maturity 3.35%
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%

Name of InstrumentRating% to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
Power Finance Corporation Limited CRISIL AAA 1.73
REC Limited CARE AAA 1.12
REC Limited CRISIL AAA 1.09
Housing Development Finance Corporation Limited CRISIL AAA 0.84
Total 4.78
MONEY MARKET INSTRUMENTS
Certificate of Deposit
National Bank for Agriculture and Rural Development CRISIL A1+ 0.52
Total 0.52
Commercial Paper
✔ Chennai Petroleum Corporation Limited CRISIL A1+ 8.74
✔ Reliance Jio Infocomm Limited CARE A1+ 6.17
✔ Reliance Industries Limited CARE A1+ 3.86
✔ NTPC Limited CARE A1+ 3.08
✔ National Bank for Agriculture and Rural Development ICRA A1+ 2.06
✔ Axis Finance Limited CRISIL A1+ 2.06
ICICI Securities Limited CRISIL A1+ 2.05
SRF Limited CRISIL A1+ 1.55
HDFC Securities Limited CRISIL A1+ 1.54
Godrej Properties Limited CRISIL A1+ 1.53
Housing Development Finance Corporation Limited CRISIL A1+ 1.29
Kotak Mahindra Prime Limited CRISIL A1+ 1.03
Dalmia Cement (Bharat) Limited ICRA A1+ 1.02
Standard Chartered Investments and Loans (India) Limited CRISIL A1+ 0.98
Julius Baer Capital (India) Private Limited CRISIL A1+ 0.51
Total 37.47
Treasury Bill
✔ 182 DAY T-BILL 06082020 SOV 10.57
✔ 91 DAY T-BILL 17092020 SOV 4.74
✔ 91 DAY T-BILL 10092020 SOV 2.06
91 DAY T-BILL 27082020 SOV 1.29
91 DAY T-BILL 07082020 SOV 1.13
91 DAY T-BILL 03092020 SOV 1.03
364 DAY T-BILL 20082020 SOV 0.26
182 DAY T-BILL 27082020 SOV 0.26
91 DAY T-BILL 20082020 SOV 0.15
Total 21.49
Cash management Bill
✔ 84 DAY CMB 20082020 SOV 22.66
Total 22.66
TREPS / Reverse Repo Investments / Corporate Debt Repo 12.97
Total 12.97
Cash & Cash Equivalent
Net Receivables/Payables 0.11
Total 0.11
GRAND TOTAL 100.00

✔ Top Ten Holdings

Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.
As on June 30, 2020, the aggregate investments by the schemes of DSP Mutual Fund in DSP Liquidity Fund is Rs 1,195.91 lakhs.


Performance (CAGR Returns in %)
1 wk 1 m 3 m 1 yr
3.733.554.455.46

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.