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YES Liquid Fund (an open- ended Liquid Scheme)Rated A1+mfs by ICRA$

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.

Scheme Features

  • The Scheme will focus on short term deployment of funds
  • The Scheme will invest predominantly in short maturity and highly liquid securities like T-bills, Banks CD’s, CPs and NCDs of highly rated corporates etc. with a maximum residual maturity of 91 days
  • The Scheme is positioned at the lowest level of risk-return matrix, which will be the guiding line to make suitable investments with low risk

Investment Strategy

Investment process

  • YES Asset Management follows a robust investment process which is research oriented & comprises qualitative as well as quantitative research.

Credit Risk Management

  • It follows a strong credit selection process, taking into account various qualitative and quantitative factors

Instrument profile

  • The scheme seeks to invest in an appropriate mix of money market securities and debt securities with up to 91 days residual maturity which are highly liquid in nature

Security selection

  • The scheme aims to invest in securities that offer reasonable levels of yield and high liquidity

Scheme Details

Types of Scheme Open-ended liquid scheme
Plans Regular Plan & Direct Plan
Options Growth and Dividend Option (with Daily, Weekly, Fortnightly, Monthly);
Dividend payout# and Re- investment option available
Minimum Application Amount ₹10,000 and in multiples of ₹. 1/- thereafter
Minimum Additional Application Amount ₹1,000 and in multiples of ₹. 1/- thereafter
Minimum Redemption Amount ₹1,000 and in multiples of ₹ 1/- or account balance whichever is lower. There will be not minimum redemption criterion for unit based redemption
Entry Load Not Applicable
Exit Load Nil
Fund Manager Piyush Baranwal
Benchmark Index CRISIL Liquid Fund Index
Continuous Offer for Units at NAV based prices

# This Option will be available with all frequencies except daily. In case of daily frequency, dividend shall be mandatorily reinvested. In case the unit holder has opted for dividend payout option, the minimum amount for dividend payout shall be Rs. 500/- (net of dividend distribution tax and other statutory levy, if any), else the dividend would be mandatorily reinvested.

 

$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.

An Open-Ended Liquid Scheme

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.

Riskometer

Disclaimer and Statutory Details

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 Rs. 1 Lakh). Trustee: YES Trustee Ltd. Investment Manager: YES Asset Management (India) Ltd. (the AMC).

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

For scheme related documents, kindly click here.

Declaration

The information, opinion and data contained in this Website do not constitute a distribution, an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of YES Mutual Fund in any jurisdiction in which such distribution, sale or offer is not authorised. The material/information provided in this Website is for the limited purposes of information only for the investors. In particular, the information herein is not for Sale or distribution and does not constitute an offer to buy or sell or solicitation of an offer to buy or sell any Schemes/Units of YES Mutual Fund in the United States of America ('USA')/Canada to or for the benefit of United States persons (being persons resident in the US, corporations, partnerships or other entities created or organised in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended) and persons of Canada. The material / information provided in this website is for the limited purposes of information only for the investors and in no event shall the directors, officers, employees, trustees, agents of YES Mutual Fund / group companies be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information / opinion herein.

By entering this Website or accessing any data /transacting on this website, I/We hereby confirm that I/We am/are not or corporations, or partnerships or any other entity created or organised in or under the laws of USA or any person/entity falling within the definition of the term 'US Person' under the US Securities Act of 1933, (as amended)persons resident in the United States of America (USA),, /resident of Canada. I/We hereby confirm that I/We am/are not giving a false confirmation and/or disguising my/our country of residence. I/We agree and acknowledge that YES Mutual Fund/YES Asset Management (India) Limited (YES AMC) is relying upon my/our confirmation and in no event shall the directors, officers, employees, trustees, agents of YES AMC associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation/ information provided herein.

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