| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.12% |
| NAV | ₹1978.40 (30 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹237 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | CP | 10.6% |
| Export-Import Bank Of India | Financial | CD | 10.6% |
| Reserve Bank of India | Financial | T-Bills | 10.5% |
| Reliance Industries Ltd. | Energy | CP | 10.5% |
| Reserve Bank of India | Financial | T-Bills | 10.5% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 10.5% |
| National Bank For Agriculture & Rural Development | Financial | CP | 10.5% |
| Bajaj Finance Ltd. | Financial | CP | 10.5% |
| ICICI Bank Ltd. | Financial | CD | 10.5% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 2.2% |
Indiabulls Liquid Direct Fund Growth is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Malay Shah is the Current Fund Manager of Indiabulls Liquid Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹237 Cr and the Latest NAV as of 30 Oct 2020 is ₹1978.40.
The Indiabulls Liquid Direct Fund Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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.
The scheme seeks to provide a high level of liquidity with returns commensurate with low risk through a portfolio of money market and debt securities with maturity of up to 91 days.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.