| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.21% |
| NAV | ₹100.19 (25 Oct 2020) |
|---|---|
| Fund Started | 26 Dec 2012 |
| Fund Size | ₹32,611 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.6% |
| Reserve Bank of India | Financial | T-Bills | 6.1% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
| GOI | Sovereign | CGL | 3.5% |
| Reliance Industries Ltd. | Energy | CP | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
Aditya Birla Sun Life Liquid Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 26 Dec 2012. Sunaina da Cunha, Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Liquid Fund Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹32,611 Cr and the Latest NAV as of 25 Oct 2020 is ₹100.19.
The Aditya Birla Sun Life Liquid Fund Direct Dividend Daily is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 500. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
The scheme seeks to provide high liquidity and safety with reasonable returns through investments in debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.