Fund Details
ICICI Prudential Liquid Fund Direct Plan Dividend Daily
| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.20% |
| NAV | ₹100.11 (26 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹42,177 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 5.8% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 3.4% |
| Reserve Bank of India | Financial | T-Bills | 2.6% |
| Reserve Bank of India | Financial | T-Bills | 1.9% |
| Reliance Retail Ventures Ltd. | Services | CP | 1.8% |
| Reserve Bank of India | Financial | T-Bills | 1.7% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 1.6% |
Fund Managers
ICICI Prudential Liquid Fund Direct Plan Dividend Daily Details
ICICI Prudential Liquid Fund Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Liquid Fund Direct Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹42,177 Cr and the Latest NAV as of 26 Jan 2021 is ₹100.11.
The ICICI Prudential Liquid Fund Direct Plan Dividend Daily is rated Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100. 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.
Investment Objective
The scheme seeks reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
