(As of 15 Sep, 2023)
CRISIL Liquid Fund TR INR
Investors understand that their principal will be at Low to Moderate Risk.
The investment objective is to generate reasonable returns with high liquidity to the unitholders
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
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Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.
This fund is rated 0 stars by Morning Star Ratings.