Nippon India Liquid Fund Growth - Regular - Latest NAV [ ₹5073.997 ], Returns, Performance, Portfolio & Returns 2021

Nippon India Liquid Fund Growth

  • highlight
    5.84%
  • highlight
    (+0.39)5073.997

Start your investment

You’ll be redirected to direct mutual funds

We no longer allow new investments in Regular mutual funds. Don’t worry - your existing investments are safe.
Benefits
  • check0% commission
  • checkLower expense ratio.
  • checkHigher returns

Fund Summarystar

PeriodReturns(per year)
10 Years7.38%
5 Years5.84%
3 Years5.12%
1 Year3.17%
6 Months1.61%
Fund Details
ISININF204K01UN9
RiskLow to Moderate Risk
Fund TypeLiquid
NAV5073.997
Exit Load0.007% for 1 Days

More about this fundstar

Top HoldingsWeightage
Corporate Bond Repo (Counterparty Reliance Industries Limited )6.72%
91 DTB 141020216.14%
91 DTB 160920214.96%
8.79% Govt Stock 20214.62%
Triparty Repo4.29%
91 DTB 281020214.12%
182 DTB 181120214.06%
National Bank For Agriculture And Rural Development3.29%
Chennai Petroleum Corporation Limited3.1%
364 DTB 251120213.02%

About Reliance Liquid Fund

Reliance Liquid Fund is an open-ended scheme aimed at generating optimal returns with moderate risk by investing in debts and money market instruments. The fund offers high liquidity to investors as it matures in a maximum of 91 days.

Pros & Cons of Reliance Liquid Fund

Reliance Liquid Fund offers the following benefits:

  1. The Reliance Liquid Fund is ideal for investors looking to generate regular income at minimum risks.
  2. The fund is more than 3 years old and past performance should instil confidence in the investors.
  3. However, it has 20,000 crores of Asset under management (AUM) which could hamper the returns.

Fund Information and Statistics of Reliance Liquid Fund

i) Inception / Launch date

The Reliance Liquid Fund was launched in 9 December 2003, by Reliance Mutual Funds.

ii) Risk level

Being a liquid fund that invests in debts and money market instruments, the risk level with Reliance liquid fund is low.

iii) Redemption

The units can be redeemed on any business day based on the NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3-4 business days.

iv) Fund Manager

The fund is managed by Ms Anju Chhajer since October 2013. She is a B. Com(Hon) and a CA with previous work experience at National Insurance Company and D.C Dharewa & Co.

v) Entry / Exit load

The fund house does not charge any entry load or exit load for investment in Reliance liquid fund.

Tax benefits of investing in Reliance Liquid Fund

The Short-term capital gain tax will be levied on unit holders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend Distribution Tax on Grossed up value of Dividend is 25% plus additional taxes as applicable.

About Reliance Mutual Fund

Reliance Mutual Fund is part of Reliance Dhirubhai Ambani group and is one of the fastest growing mutual fund houses in India with average AUM of Rs. 2,44,843 crores (based on last quarter). Mr Sandeep Sikka is the CEO of the fund house.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Start your investment

You’ll be redirected to direct mutual funds

We no longer allow new investments in Regular mutual funds. Don’t worry - your existing investments are safe.
Benefits
  • check0% commission
  • checkLower expense ratio.
  • checkHigher returns
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