| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.61% |
| NAV | ₹118.50 (24 Apr 2020) |
|---|---|
| Fund Started | 12 Mar 2003 |
| Fund Size | ₹45,457 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.1% |
| Reserve Bank of India | Financial | T-Bills | 9.1% |
| Reliance Industries Ltd. | Energy | CP | 2.7% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 2.2% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.2% |
| Reserve Bank of India | Financial | T-Bills | 2.2% |
| Reserve Bank of India | Financial | T-Bills | 2.0% |
| Hindustan Petroleum Corpn. Ltd. | Energy | CP | 1.9% |
| Vedanta Ltd. | Metals | CP | 1.6% |
| Bharat Petroleum Corpn. Ltd. | Energy | CP | 1.6% |
ICICI Prudential Liquid Fund Institutional Daily Dividend is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Mar 2003. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Liquid Fund Institutional Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹45,457 Cr and the Latest NAV as of 24 Apr 2020 is ₹118.50.
The ICICI Prudential 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 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.