IIFL Liquid Fund Regular Growth - Regular - Latest NAV [ ₹1606.0802 ], Returns, Performance, Portfolio & Returns 2021

IIFL Liquid Fund Regular Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years5.24%
3 Years4.44%
1 Year2.87%
6 Months1.49%
Fund Details
RiskLow to Moderate Risk
Fund TypeLiquid
Exit Load0.007% for 1 Days

More about this fundstar

Top HoldingsWeightage
Tri-Party Repo22.97%
Rural Electrification Corporation Limited7.64%
364 DTB 230920217.61%
Housing Development Finance Corporation Limited7.59%
Axis Bank Limited7.59%
Indian Oil Corporation Limited7.59%
Axis Finance Limited7.56%
NTPC Limited6.13%
Export-Import Bank Of India4.57%
LIC Housing Finance Limited4.55%

About IIFL Liquid Fund

The IIFL Liquid Fund is an open-ended liquid scheme. It seeks to provide liquidity with reasonable returns commensurate with low-risk by investing in a portfolio of debt securities and money market instruments, with a residual maturity of up to 91 days.

Pros & Cons of IIFL Liquid Fund

  • This scheme is suitable for investors seeking income over a short-term investment horizon.
  • As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Liquid Fund category.
  • Further, it has generated returns of 7.27% per year over the last 5 years (as on January 11, 2019).

Fund Information and Statistics of IIFL Liquid Fund

i) Inception / Launch Date

The scheme was launched on 13 November 2013 by IIFL Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a Low risk-level associated with it.

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 and the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Ankur Parekh is the Fund Manager of the IIFL Liquid Fund since March 08, 2017.

v) Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in IIFL Liquid Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About IIFL Mutual Fund

IIFL Mutual Fund is managed by IIFL Asset Management. The fund house focuses on high-conviction investment ideas and follows a disciplined and active management approach to tap into the potential of the Indian market for long-term growth. The fund house follows an investment policy of endeavoring to achieve growth at reasonable prices and discovering unique investment opportunities.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns