(An open-ended liquid scheme.
A Relatively Low Interest Rate Risk and Moderate Credit Risk)
(An open-ended liquid scheme.
A Relatively Low Interest Rate Risk
and Moderate Credit Risk)
The primary 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. There is no assurance that the investment objective of the Scheme will be realized.
NAV Details ( As On February 28, 2023 )| Regular Plan - Growth Option : | : ₹ 2,553.7684 |
| Regular Plan - Daily IDCW Option : | : ₹ 1,001.1996 |
| Regular Plan - Weekly IDCW Option : | : ₹ 1,000.0853 |
| Direct Plan - Growth Option : | : ₹ 2,578.5255 |
| Direct Plan - Daily IDCW Option : | : ₹ 1,002.0849 |
| Direct Plan - Weekly IDCW Option : | : ₹ 1,218.4861 |
Benchmark Index (Tier 1)CRISIL Liquid Fund BI Index
Date of AllotmentFebruary 21, 2002
Fund Manager| Fund Manager | Managing fund since | Experience |
| Vikram Pamnani | 14-Mar-22 | 12 years |
| Mayank Prakash | 21-Oct-22 | 15 years |
Load StructureEntry Load :
| Exit Load^ | |
| Investor exit upon subscribtion | exit load as % of redmeption 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% |
| For detailed load structure please refer Scheme Information
Document of the scheme. ^Pursuant to provisions of SEBI circular SEBI/HO/IMD/DF2/CIR/P/2019/101 dated September 20, 2019 read with SEBI letter SEBI/HO/IMD/DF2/OW/ P2019/271771/1 dated October 15, 2019. | |
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:
₹ 1,000 and in multiples of ₹ 1 thereafter.
Minimum Application Amount:
(i) Daily, Weekly, Monthly SIP: ₹ 500/- and in multiples of ₹ 1/- thereafter;
(ii) Quarterly SIP: ₹ 1500/- and in multiples of ₹ 1/- thereafter.
There is no upper limit
| Monthly AAUM## As On February 28, 2023 | : ₹ 7,521.95 Crores |
| AUM## As On February 28, 2023 | : ₹ 6,686.41 Crores |
## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| Corporate Debt | 9.27% | |
| ✔ Indian Railway Finance Corporation Ltd. | CRISIL AAA | 5.21% |
| L&T Finance Ltd. | CRISIL AAA | 3.44% |
| Housing Development Finance Corporation Ltd. | CRISIL AAA | 0.37% |
| National Housing Bank | CRISIL AAA | 0.25% |
| Money Market Instruments | 98.23% | |
| ✔ 91 DAY T-BILL 02.03.23 | SOVEREIGN | 7.48% |
| ✔ Canara Bank | CRISIL A1+ | 7.12% |
| ✔ Reliance Jio Infocomm Ltd. | CRISIL A1+ | 6.67% |
| ✔ Small Industries Development Bank of India | CRISIL A1+ | 5.91% |
| ✔ National Bank for Agriculture and Rural Development | CRISIL A1+ | 5.91% |
| ✔ Axis Bank Ltd. | CRISIL A1+ | 5.19% |
| ✔ HDFC Bank Ltd. | IND A1+ | 4.51% |
| ✔ LIC Housing Finance Ltd. | CRISIL A1+ | 3.69% |
| ✔ Tata Capital Financial Services Ltd. | CRISIL A1+ | 3.69% |
| Reliance Retail Ventures Ltd. | CRISIL A1+ | 3.68% |
| 91 DAY T-BILL 11.05.23 | SOVEREIGN | 2.95% |
| Housing Development Finance Corporation Ltd. | CRISIL A1+ | 2.24% |
| Piramal Enterprises Ltd. | CRISIL A1+ | 2.24% |
| Piramal Capital & Housing Finance Ltd. | CRISIL A1+ | 2.24% |
| Sikka Ports & Terminals Ltd. | CRISIL A1+ | 2.22% |
| IIFL Wealth Prime Ltd. | CRISIL A1+ | 2.21% |
| Motilal Oswal Financial Services Ltd. | CRISIL A1+ | 2.21% |
| 360 ONE WAM Ltd. | CRISIL A1+ | 2.20% |
| Bajaj Finance Ltd. | CRISIL A1+ | 2.20% |
| Vedanta Ltd. | CRISIL A1+ | 2.16% |
| Kotak Mahindra Investments Ltd. | CRISIL A1+ | 1.99% |
| Small Industries Development Bank of India | CRISIL A1+ | 1.94% |
| 182 DAY T-BILL 28.04.23 | SOVEREIGN | 1.48% |
| Export-Import Bank of India | CRISIL A1+ | 0.74% |
| Export-Import Bank of India | CRISIL A1+ | 0.74% |
| State Bank of India | IND A1+ | 0.74% |
| TREPS/Reverse Repo | 13.87% | |
| Total Fixed Income Holdings | 107.50% | |
| Net Receivables / (Payables) | -7.50% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 55.38% of the portfolio
The scheme currently does not have Distribution History.
| TER - Regular Plan (%) | 0.26 |
| TER - Direct Plan (%) | 0.19 |
| Average Maturity (days) | 44 |
| Modified Duration (days) | 40 |
| YTM (%) | 7.47 |
| Macaulay Duration† (days) | 43 |
* The information contained in this report has been obtained from sources considered to be authentic and reliable. The quantitative data does not purport
to be an offer for purchase and sale of mutual fund units.
†Concept of Macaulay duration: The Macaulay Duration is a measure of a bond’s sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average
term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond’s price,
maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration.
**CARE’s fund quality rating is not a recommendation to purchase, sell, or hold a security/ fund. It neither comments on the current market price, suitability
for a particular investor nor on the prospective performance of the fund with respect to appreciation, volatility of net asset value (NAV), or yield of the fund.
The ratings do not address the funds ability to meet the payment obligations to the investors.
††The rating, as aforesaid, however, should not be treated as a recommendation to buy, sell or hold the units issued by you. The rating is restricted to your
debt fund only. ICRA does not assume any responsibility on its part, for any liability, that may arise consequent to your not complying with any guidelines or
directives issued by SEBI or any other mutual fund regulatory body.
The Special unclaimed plan(s) have been launched in terms of SEBI/HO/IMD/ DF2/CIR/P/2016/37 dated February 25, 2016 for deployment of unclaimed
redemption and unclaimed dividend amount only. Hence, units under the said plan shall not be available for subscription/purchase for any other investor/
class of investors. Please refer addendum no. 22/2016 available on our website for more details.
Click here For Scheme wise Potential Risk Class (PRC) matrix.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.