DSP is one of the biggest asset management companies in India and has been around for more than 20 years consistently delivering investment excellence. DSP combines excellent analytical tools with a well defined investment process to deliver the best value for its investors.
Investment Objective of DSP Liquidity Fund - Regular Plan - Growth
The main objective of DSP Liquidity Fund, previously referred to as DSP Liquidity Fund is to generate reasonable returns with low risk by making investments in a portfolio that comprises high quality debt securities and money market securities.
Key Features of DSP Liquidity Fund - Regular Plan - Growth
Some of the key features of DSP Liquidity Fund, previously referred to as DSP Liquidity Fund have been listed in the table below:
|
Type of fund |
Open ended liquid scheme |
|
Plans available |
Regular and Direct Plan |
|
Options under each plan |
|
|
Risk |
Low |
|
Systematic Investment Plan |
Not Available |
|
Systematic Transfer Plan |
Available |
|
Systematic Withdrawal Plan |
Available |
Investment Amount for DSP Liquidity Fund - Regular Plan - Growth
|
Minimum application amount |
Rs.1,000 |
|
Minimum installment for Systematic Investment Plan (SIP) |
Not Available |
|
Minimum installment for Systematic Withdrawal Plan (SWP) |
Rs.500 |
|
Entry Load |
Not Applicable |
|
Exit Load |
Nil |
Asset Allocation for DSP Liquidity Fund - Regular Plan - Growth
|
Instruments |
Indicative Allocations (% of total assets) |
Risk Profile |
|
|
Minimum |
Maximum |
||
|
Money market securities or debt securities with maturity of up to 91 days |
80% |
100% |
Low |
Who can invest in DSP Liquidity Fund - Regular Plan - Growth
The following entities can invest in DSP Liquidity Fund - Regular Plan - Growth:
- Indian residents, either singly or jointly (not more than three)
- Non-Resident Indians
- Parent or guardian investing on behalf of a minor
- Hindu Undivided Families (HUFs)
- Public Sector Undertakings, companies, association of individuals or societies that have been registered under the Societies Registration Act, 1860
- Partnership Firms
- Navy, Air Force, Army, and other paramilitary funds
- Foreign Portfolio Investors (FPIs)
- International Multilateral Agencies that have been approved by the Government of India
- Banks and other financial institutions
- Mutual fund schemes, subject to the regulations put in place by SEBI
- Non-Government Pension/Provident/Gratuity funds
- Trustees of private trusts that have been given the authority to invest in the mutual fund scheme
- Others permitted to make investments as per their constitutions
NAV Disclosure and Benchmark for DSP Liquidity Fund - Regular Plan - Growth
The NAV will be separately declared by the Asset Management Company for both the regular plan and the direct plan.
The Benchmark of DSP Liquidity Fund - Regular Plan - Growth is CRISIL Liquid Fund Index.
DSP Liquidity Fund - Regular Plan - Growth Fund Manager
Kedar Karnik and Rahul Vekaria are the fund managers for this scheme.
Investment Restrictions of DSP Liquidity Fund - Regular Plan - Growth
Some of the investment restrictions of DSP Liquidity Fund, previously referred to as DSP Liquidity Fund have been listed below:
- More than 10% of the NAV of the scheme may not be invested by the scheme in debt instruments that comprise both money and non-money market instruments that have been issued by a single issuer.
- There is an option to transfer the investments from one scheme to another in the mutual fund, but it is subject to certain terms and conditions. Refer to the scheme information document to know more about the same.
- No investments shall be made by the scheme in fund of fund schemes.
- If the investments are meant to be long term in nature, securities can be transferred or purchased by the scheme in the name of the mutual fund in the name of the scheme.
- Investments shall not be made by the scheme in:
- Securities that have been issued by private placement by an associate company of the sponsors.
- Unlisted securities issued by an associate company of the sponsors.
- Listed securities of group companies of Sponsors which exceed 25% of the net assets.
- More than 10% of the NAV of the scheme may not be invested in unrated debt instruments that have been issued by a single issuer. Such investments should not exceed 25% of the NAV of the scheme.
- Cumulative gross exposure through debt and derivatives position should not be more than 100% of the net assets of the scheme.
Other Facilities under DSP Liquidity Fund - Regular Plan - Growth
Some of the special facilities available in DSP Liquidity Fund - Regular Plan - Growth have been listed below:
- Personal Identification Number - To provide added convenience to the investors, this fund provides the option to make transactions using electronic modes like the internet and telephone. The unitholder needs to have a secured PIN to make use of all these features.
- Pledge of Units for Loans - Unitholders can use the units as security for raising loans. This will however be subject to some rules and regulations prescribed by the Trustee from time to time.
- One Time Mandate (OTM) - This option gives the unit holders an option to make transactions in a convenient and paperless manner by submitting the one time mandate form. This will give the banks authority to debit the account of the unitholders by a fixed limit per day, whenever the investor wishes to transact.
Why should you invest in DSP Liquidity Fund - Regular Plan - Growth
DSP focuses mainly on providing long term investment benefits to its customers and has a wide variety of investment options available to choose investors with different needs.
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