Fund Details
IDBI Liquid Fund Direct Bonus
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.13% |
| NAV | ₹1664.49 (13 May 2021) |
|---|---|
| Fund Started | 17 Dec 2013 |
| Fund Size | ₹1,209 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 less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 22.3% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 6.7% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | CP | 6.7% |
| Chennai Petroleum Corpn. Ltd. | Energy | CP | 5.3% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.5% |
| Bank Of Baroda | Financial | CD | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.5% |
| LIC Housing Finance Ltd. | Financial | CP | 4.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 4.5% |
| Reserve Bank of India | Financial | T-Bills | 4.5% |
Fund Managers
IDBI Liquid Fund Direct Bonus Details
IDBI Liquid Fund Direct Bonus is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 17 Dec 2013. Raju Sharma is the Current Fund Manager of IDBI Liquid Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹1,209 Cr and the Latest NAV as of 13 May 2021 is ₹1664.49.
The IDBI Liquid Fund Direct Bonus is rated Low to Moderate 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.
Investment Objective
The scheme will seek to provide investors with high level of liquidity along with regular income for their investment.
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.
