YES LIQUID FUND

An Open-Ended Liquid Scheme
Details as on March 31, 2020
Rated "A1+mfs"$ by ICRA
The fund endeavors to generate optimal returns with high level of liquidity, minimal volatility & low to moderate credit risk
The fund endeavors to maintain high credit quality portfolio by analyzing the fundamental credit strength and secondary market liquidity of issuers using in-house credit and liquidity models
Investment Objective
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in high quality debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Inception Date
(Date of Allotment):
16th Jan 2019
Benchmark Index
CRISIL Liquid Fund Index
Fund Manager
Mr. Piyush Baranwal
(managing since inception)
Load Structure
Entry load#: Not Applicable
Exit load: (w.e.f. October 19, 2019)

*The revision in exit load will be applicable on all fresh investments in YES Liquid Fund i.e. units allotted on purchase or switch-ins (including through systematic transactions under existing enrolments /registration) on or after an effective date.

Minimum Application & Additional Purchase Amount
₹ 500 and in multiples of ₹ 1/- thereafter. (w.e.f. September 05, 2019)
Monthly Average AUM
₹ 90.61 Crs.
Month End AUM
₹ 79.96 Crs.
Expense Ratio$
as on March 31, 2020
Regular Plan: 0.16
Direct Plan: 0.08
#SEBI vide its circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has decided that there shall be no entry Load for all Mutual Fund Schemes.
$Total Expense Ratio - As on last day of the month & includes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax on Management Fees. For more details please refer the link https://www.yesamc.in/regulatory-disclosures/total-expense-ratio-of-mutual-funds-schemes
Regular Plan
Growth 1,076.9795
Daily Dividend 1,000.8407
Weekly Dividend 1,001.2880
Fortnightly Dividend 1,002.7564
Monthly Dividend 1,002.8654
Direct Plan
Growth 1,078.0005
Daily Dividend 1,000.7532
Weekly Dividend 1,001.2866
Fortnightly Dividend 1,000.6213
Monthly Dividend 1,002.3817
Average Maturity 34 Days
Modified Duration 0.09
Macaulay Duration 0.09 Years
Yield to Maturity 1.81%
Retail Investors
YES Liquid Fund - Monthly Option
Record Date Face Value (₹) NAV (₹) Dividend per Unit (₹)
Regular  Direct Regular  Direct
16-Mar-20
1000
1076.980
1078.001
2.916
2.959
18-Feb-20
1000
1001.403
1000.887
3.360
3.409
16-Jan-20
1000
1001.403
1000.887
2.978
3.025
17-Dec-19
1000
1001.403
1000.887
3.070
3.108

Other Investors
YES Liquid Fund - Monthly Option
Record Date Face Value (₹) NAV (₹) Dividend per Unit (₹)
Regular  Direct Regular  Direct
16-Mar-20
1000
1076.980
1078.001
2.700
2.740
18-Feb-20
1000
1001.403
1000.887
3.112
3.157
16-Jan-20
1000
1001.403
1000.887
2.757
2.801
17-Dec-19
1000
1001.403
1000.887
2.843
2.878

"Past Performance may or may not be sustained in future. Pursuant to payment of dividend the NAV of the dividend option of the scheme will fall to the extent of payout and statutory levy (if any)."

Issuer Name Instrument Type Rating % of Portfolio
Government of India
91 Days T-bill
SOVEREIGN
30.95%
Government of India
91 Days T-bill
SOVEREIGN
6.20%
Clearing Corporation of India Ltd
TREPS*
 
62.10%
Cash & Cash Equivalents
0.75%
Total
100.00%

*TREPS : Tri-party repo dealing system


This product is suitable for investors who are seeking*

• Regular income over short term
• Investment in money market and debt instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.



$Note for ICRA A1+mfs : Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.

The information herein above is meant only for general reading purposes and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, affiliates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material. Statutory Details: YES Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by YES BANK Ltd. (liability restricted to ₹ 1 Lakh). Trustee: YES Trustee Ltd. Investment Manager: YES Asset Management (India) Ltd.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.