Sunday, November 24, 2013

Liquid Vs Liquid Plus Mutual Fund


Liquid Vs Liquid Plus Scheme

Sr No
Particulars
Comparison
Liquid
Liquid Plus
1
Maturity of Papers
9 to 30 Days
90 to 150 Days
2
Nav / Investment Dates
if you give a transfer before 2pm, you will get previous day NAV which will give you 1day return extra
No Such Provision for the same
3
Risk
Considered as Less Risky as maturity days of papers are less
Considered as More Risky & Volatile than liquid funds as Maturity of papers are high
4
Mark to Market
No Mark to Market (Every day Valuation) as valuation is done on daily basis
Valuation to be done on Mark to market basis as maturity of the paper is high
5
Credit Qualities of Portfolio
Credit Qualities of Paper are superior than liquid plus - (Tbills & AAA Portfolio)
Credit qualities of paper are little lower than liquid funds (AAA, AA & Below)
6
Expense Ratio's Considering HDFC fund
0.18%
0.54%
7
Last 1 Year Returns HDFC's Fund
9.21%
8.01%
8
Interest If Invested 1 Crore in both Funds
9,21,000
8,01,000
9
More Returns in Liquid Funds with lower risk than Liquid Plus
1,20,000
*Past performance is just an example to show here.