For those of you who fear having to exit liquid funds due to their unusual fall in one day, note that yesterday bond markets were more stable, and therefore liquid funds made money. Here’s a list of the same funds that crashed in value on Tuesday, to how they closed on wednesday. They’ve recovered between 0.02% and 0.09%. Fund Jul-17 Jul-16 Change Prev Day Change ING Liquid Fund 24.6738 24.6638 0.04% -0.34% Quantum Liquid Fund 16.9457 16.9308 0.09% -0.28% DWS Insta Cash Plus Fund 19.7696 19.7611 0.04% -0.26% L&T Liquid Fund 1645.211 1644.7143 0.03% -0.26% Kotak Liquid 2261.222 2260.2502 0.04% -0.25% Principal Cash Management Fund 1165.895 1165.4774 0.04% -0.25% Reliance Liquid Fund-Treasury Plan 2922.926 2921.1051 0.06% -0.24% Birla Sun Life Cash Plus 192.2734 192.1657 0.06% -0.23% JPMorgan India Liquid Fund 14.2078 14.2036 0.03% -0.23% HDFC Cash Management Fund 25.0657 25.0565 0.04% -0.23% Religare Invesco Liquid Fund 1649.653 1648.9476 0.04% -0.23% Sundaram Money Fund 25.3007 25.2935 0.03% -0.21% Baroda Pioneer Liquid Fund 1375.223 1374.7201 0.04% -0.21% Taurus Liquid Fund 1559.093 1558.4587 0.04% -0.21% DSP BlackRock Liquidity Fund 28.3163 28.3021 0.05% -0.21% IDBI Liquid Fund 1287.485 1287.0052 0.04% -0.21% UTI- Liquid Fund-Cash Plan 1903.51 1903.0043 0.03% …
[via Capital Mind]
Follow us @investmentheat – lists / @sectorheat