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Yogi Zone

Useful articles for your finance management by our team of experts

Mutual Fund Review – ICICI Pru Liquid Plan

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Fund Name: ICICI Pru Liquid Plan (G)

CRISIL Rank: 1

Category: Debt – Liquid

Expense ratio: 0.16%

Risk Level: Low

Benchmark: Crisil Liquid

Objective: To enable idle cash to be deployed for very short periods of time. Therefore, it seeks to invest only in very liquid, short term instruments, of the highest credit quality. The intent is to protect the portfolio from risks of changes in value, by focusing on earning interest income, without taking undue risks. The portfolio is entirely made up for short term debt securities and manages to keep a low, but steady rate of growth in its Net Asset Value (NAV).

Returns (Annualized)

1-Year3-Year5-Year
9.34%9.34%7.82%

Our Review

ICICI Pru Liquid Plan (G) has made its inception in the year 2005. Since inception, it has produced annualized returns of 7.93%. It has managed to match the benchmark index as well as category average consistently in the 1, 3 and 5 year returns.

Top 5 holdings of the fund include UCO bank, Treasury bills, Allahabad bank, Corporation bank and Vijaya bank. The fund invests in instruments of short term tenure but highest credit quality. If you are looking for safety and better returns than savings account, this fund is perfect for you.

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