| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.26% |
| NAV | ₹108.02 (21 Sep 2020) |
|---|---|
| Fund Started | 16 Jun 1997 |
| Fund Size | ₹39,810 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.4% |
| Reserve Bank of India | Financial | T-Bills | 3.1% |
| Reliance Industries Ltd. | Energy | CP | 2.5% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 2.1% |
| Reliance Industries Ltd. | Energy | NCD | 2.1% |
| Reserve Bank of India | Financial | T-Bills | 1.9% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 1.9% |
Aditya Birla Sun Life Liquid Fund Institutional Daily Dividend is a Liquid Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 16 Jun 1997. Sunaina da Cunha, Kaustubh Gupta is the Current Fund Manager of Aditya Birla Sun Life Liquid Fund Institutional Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹39,810 Cr and the Latest NAV as of 21 Sep 2020 is ₹108.02.
The Aditya Birla Sun Life Liquid Fund Institutional Daily Dividend is rated Low risk. Minimum SIP Investment is set to 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.