IIFL Liquid Fund Direct Dividend Daily+0.01%

2Groww
5.70%
1 Year Return
Debt
Liquid
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IIFL Liquid Fund Direct Dividend Daily

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV1000.04 (25 Feb 2020)
Fund Started13 Nov 2013
Fund Size1,015 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IIFL Liquid Fund Direct Dividend Daily
5.7%
6.3%
6.7%
7.1%
Category Average
6.2%
6.5%
7.0%
-
Rank within category
35
31
30
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk-adjusted returns are lower compared to the category
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialSecuritised Debt4.9%
    Kotak Mahindra Bank Ltd.FinancialCD4.9%
    Bank Of BarodaFinancialCD4.9%
    Small Industries Devp. Bank of India Ltd.FinancialCD4.9%
    Kotak Mahindra Bank Ltd.FinancialCD4.9%
    Indian Oil Corpn. Ltd.EnergyCP4.9%
    Reliance Industries Ltd.EnergyCP4.9%
    LIC Housing Finance Ltd.FinancialCP4.9%
    Bank Of BarodaFinancialCD4.9%
    Export-Import Bank Of IndiaFinancialCD4.9%
    See All

    Other Details

    IIFL Liquid Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by IIFL Mutual Fund. This scheme was introduced to investors on 13 Nov 2013. Ankur Parekh is the Current Fund Manager of IIFL Liquid Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹1,015 Cr and the Latest NAV as of 25 Feb 2020 is ₹1000.04.

    The IIFL Liquid Fund Direct Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. 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

    To provide liquidity with reasonable returns commensurate with low risk through a portfolio of money market and debt securities with residual maturity of up to 91 days. However, there can be no assurance that the investment objective of the scheme will be achieved.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    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

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    About IIFL Mutual Fund

    Address
    IIFL Centre, 6th Floor, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013
    Phone
    022-42499000
    Launch Date
    23 Mar 2011
    Website
    NA
    IIFL Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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