ICICI Prudential Liquid Fund Institutional Daily Dividend is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 12 Mar 2003. Rahul Goswami, Rohan Maru is the Current Fund Manager of ICICI Prudential Liquid Fund Institutional Daily Dividend.The fund currently has an Asset Under Management(AUM) of ₹61,402 Cr and the Latest NAV as of 06 Dec 2019 is ₹118.50.
The ICICI Prudential Liquid Fund Institutional Daily Dividend is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 2500000. 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
Aims to generate steady and consistent returns from a basket of high quality liquid 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.
Scheme Information Document(SID)
₹2500000
Min for First Investment
₹1000
Min for Second Investment
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.
Exit Load