| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.12% |
| NAV | ₹1958.24 (01 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹251 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Union Bank of India | Financial | CD | 9.9% |
| National Thermal Power Corp. Ltd. | Energy | CP | 9.9% |
| Punjab National Bank | Financial | CD | 8.3% |
| ICICI Bank Ltd. | Financial | CD | 8.3% |
| National Bank For Agriculture & Rural Development | Financial | CD | 8.3% |
| Bank Of Baroda | Financial | CD | 4.8% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
| Canara Bank | Financial | CD | 3.6% |
| HDFC Bank Ltd. | Financial | Fixed Deposits | 2.1% |
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 ₹251 Cr and the Latest NAV as of 01 Jul 2020 is ₹1958.24.
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.
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 91days. 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.