Nippon India Liquid Fund Growth - Latest NAV ₹4946.8706, Returns, Performance & Portfolio

Nippon India Liquid Fund Growth

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Start your investment

Min amount: ₹100

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.01 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.84%
5 Years6.63%
3 Years6.24%
1 Year4.48%
6 Months1.69%
Fund Details
RiskLow Risk
Fund TypeLiquid
Exit Load0.007% for 1 Days

More about this fundstar

Top HoldingsWeightage
91 DTB 101220207.64%
182 DTB 061120206.5%
91 DTB 210120215.94%
7.80% GOI Floating Rate Bonds 20205.58%
182 DTB 261120204.69%
91 DTB 261120203.25%
91 DTB 031220202.58%
91 DTB 241220202.04%
182 DTB 031220201.97%
182 DTB 171220201.91%

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.

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Frequently Asked Questions

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Start your investment

Min amount: ₹100

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.01 Lakhs in a period of 20 years
Low 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