Edelweiss Liquid Fund – Direct Plan-Growth

This fund was introduced by mutual fund house Edelweiss on September 21, 2007. It is a medium-sized liquid fund with variable capital. The Direct Plan-Growth program of the fund, its assets under management is Rs 1230.4 Crore. The net asset value of the scheme of this fund declared on April 13, 2022 is Rs 2750.8374. The plan’s expense ratio is 0.13%, which is comparatively lower than the average returns in its category.

As it is a liquid bond fund, it is relatively low risk. To invest in this fund, the (minimum) amount required is Rs 5,000. For SIP, it is Rs 500. This fund has offered returns over the past year. Moreover, since its inception, it has given average annual returns of 6.83%.

The fund’s major holdings are in the Reserve Bank of India (RBI), Indian Oil Corp. Ltd., Axis Bank Ltd., Reliance Jio Infocomm Ltd. and Bajaj Finance Ltd.

IDBI Liquid Fund - Direct Plan-Growth

IDBI Liquid Fund – Direct Plan-Growth

It is an open-end medium liquid fund of the IDBI Mutual fund. Under the Direct Plan-Growth program of this fund, its assets under management are worth Rs 875.92 Crore. While its recently declared net asset value on April 13, 2022 is Rs 2294.027. This fund has an expense ratio of 0.13%, which is close to what most other funds charge in its category.

This fund is similar to its peer funds on the risk meter. It is a liquid fund with low to moderate risk. To start investing in this fund, the minimum amount required is Rs 5,000 and SIP with Rs 500. This program has offered returns of 3.53% over the past year. Since inception, it has generated average annual returns of 6.92%.

The fund’s major holdings are in the Reserve Bank of India (RBI), Axis Bank Ltd., Reliance Retail Ventures Ltd., Indian Bank and GIC Housing Finance Ltd.

Mahindra Manulife Liquid Fund - Direct Plan-Growth

Mahindra Manulife Liquid Fund – Direct Plan-Growth

It is also a liquid open-end mutual fund of Mahindra Manulife Mutual Fund. It was launched on July 4, 2016. The fund has a value of ₹1,841.98 Crore of Assets Under Management or Assets Under Management. The net asset value of this fund recently reported on April 14, 2022 is Rs 13865.9951. Its spend rate is 0.14%, which is slightly below the average for its category.

Like the other 2 funds, it is also a low risk investment fund. However, this fund underperformed other funds. For investment, the minimum amount required in this fund is Rs 1000. whereas, for SIP, the amount required is Rs 500. Over the past year, this fund has given returns of 3.53% . On the other hand, it generated average annual returns of 5.81%.

The fund’s major holdings are in the Reserve Bank of India, National Bank For Agriculture & Rural Development, Indian Bank, Bank Of Baroda and Axis Bank Ltd.

Quant Liquid Plan - Direct Growth Plan

Quant Liquid Plan – Direct Growth Plan

This liquid fund was launched by the SICAV Quant. It is a small open-end fund in its category. This fund has Rs 487.56 Crores of assets under management. The fund has a net asset value of Rs 34.3482 as declared on April 14, 2022. This fund has an expense ratio of 0.55%, which is above the average expense ratio for its category.

Speaking of factors, this is a moderate risk fund. To start SSIP in this fund, the minimum amount required is Rs 1,000. For lump sum payment in this fund, the amount is Rs 5000. The fund has offered returns of 4.17% in 1 year. Since inception, it has generated average annual returns of 7.40%.
The ability of the Quant Liquid Direct Plan-Growth program to generate consistent returns is superior to that of most funds in its class. Its ability to control losses in a falling market is high.
The fund’s main holdings are Piramal Housing Finance Ltd., Piramal Enterprises Ltd., Time Technoplast Ltd, Export-Import Bank Of India (EXIM) and KEC International Ltd.