| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.13% |
| NAV | ₹2159.25 (09 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,345 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 7.4% |
| National Housing Bank | Financial | CP | 7.4% |
| National Bank For Agriculture & Rural Development | Financial | CP | 7.4% |
| The Ramco Cements Ltd. | Construction | CP | 7.4% |
| Reliance Industries Ltd. | Energy | CP | 7.4% |
| Aditya Birla Fashion and Retail Ltd. | Services | CP | 7.3% |
| Tata Power Co. Ltd. | Energy | CP | 6.7% |
| Bandhan Bank Ltd. | Financial | CD | 6.3% |
| Indusind Bank Ltd. | Financial | CD | 3.7% |
| Blue Star Ltd. | Cons Durable | CP | 3.7% |
IDBI Liquid Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Raju Sharma is the Current Fund Manager of IDBI Liquid Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,345 Cr and the Latest NAV as of 09 Jul 2020 is ₹2159.25.
The IDBI Liquid Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. 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 investment objective of the Scheme will be to provide investors with high level of liquidity along with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a low risk portfolio of money market and 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.