| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.25% |
| NAV | ₹1555.65 (03 Aug 2020) |
|---|---|
| Fund Started | 13 Nov 2013 |
| Fund Size | ₹579 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 34.4% |
| National Housing Bank | Financial | CP | 8.6% |
| National Thermal Power Corp. Ltd. | Energy | CP | 8.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.9% |
| ICICI Bank Ltd. | Financial | CD | 6.9% |
| Bank Of Baroda | Financial | CD | 6.9% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.3% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.3% |
| Reliance Industries Ltd. | Energy | CP | 4.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 2.6% |
IIFL Liquid Fund Regular Growth is a Debt Mutual Fund Scheme launched by IIFL Mutual Fund. This scheme was made available to investors on 13 Nov 2013. Ankur Parekh is the Current Fund Manager of IIFL Liquid Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹579 Cr and the Latest NAV as of 03 Aug 2020 is ₹1555.65.
The IIFL Liquid Fund Regular Growth is rated Low risk. Minimum SIP Investment is set to 1000. 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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.