Nippon India Liquid Fund Direct Plan Growth Plan
- 6.46%
- (+0.37)5019.1914
Min amount: ₹100
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 6.46% |
| 3 Years | 6% |
| 1 Year | 3.96% |
| 6 Months | 1.57% |
| Fund Details | |
|---|---|
| ISIN | INF204K01ZH0 |
| Risk | |
| Fund Type | Liquid |
| NAV | 5019.1914 |
| Exit Load | 0.007% for 1 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 91 DTB 18032021 | 9.35% |
| 91 DTB 25032021 | 7.21% |
| 91 DTB 15042021 | 5.14% |
| 91 DTB 11032021 | 3.09% |
| 182 DTB 25032021 | 2.57% |
| 364 DTB 29042021 | 1.9% |
| 7.80% Govt Stock 2021 | 1.54% |
| 182 DTB 04032021 | 1.52% |
| 182 DTB 11032021 | 1.49% |
| 91 DTB 29042021 | 1.15% |
About Nippon India Liquid Fund
Nippon India Liquid Fund is an open-ended liquid scheme, which focuses on reasonable carry in order to maximise returns while ensuring liquidity. The fund invests in various money market and debt instruments that have a maturity period of up to 91 days. The average maturity period of the portfolio ought to be in the range of 40 to 70 days considering the normal market conditions.
Pros and Cons of
The age of the fund is above three years, making it a reliable scheme for investment. The year-on-year returns are higher than the category average returns. However, you must keep in mind that the asset under management (AUM) is more than Rs.20,000 crore. Returns from the fund tend to fall once the AUM factor crosses a certain limit.
Fund Information and Statistics
i) Inception/Launch date Nippon India Liquid Fund was introduced to the market on 9 December 2003.
ii) Risk level Nippon India Liquid Fund has a low risk profile since the investment is predominantly made in debt and money market instruments over a short period of time.
iii) Redemption Lock-in period is not applicable to Nippon India Liquid Fund. However, you may have to bear an exit load if you happen to redeem within 6 days from the allotment.
iv) Fund Manager Ms Anju Chhajer is the current Fund Manager for Nippon India Liquid Fund.
v) Entry/Exit load No entry load is charged for mutual fund purchases, effective from 1 August 2009. When it comes to exit load, different rates are charged based on the time of redemption as given in the table below.
| Time of Exit | Exit Load in % |
|---|---|
| Within day 1 | 0.0070 |
| Day 2 | 0.0065 |
| Day 3 | 0.0060 |
| Day 4 | 0.0055 |
| Day 5 | 0.0050 |
| Day 6 | 0.0045 |
| Day 7 and Beyond | 0 |
About Nippon India Mutual Fund
Nippon India Mutual Fund (NIMF), earlier known as Reliance Mutual Fund, registered with SEBI on 30 June 1995. The fund house aims to devise schemes for savings and investment for Indians and outsiders. There are about 88.99 lakh folios invested in the company as of 31 March 2020 along with the Average Assets Under Management (AAUM) worth Rs.2,04, 883.7169 crore as of the quarter ending 31 March 2020.
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Min amount: ₹100
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