Groww Logo
Home>Mutual Funds>ITI Mutual Fund>ITI Liquid Fund Direct Growth

ITI Liquid Fund Direct Growth

Debt
Liquid
Low Risk
3.72%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 16 May 2022₹1,120.38
Min. SIP amount₹500
Rating1
Fund size₹26.39Cr

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.4%3.7%3.8%
Category averageNA3.1%5.1%NA
Rank with in categoryNA3135NA
Understand terms

Holdings (7)

NameSectorInstrumentAssets
Indian Oil Corporation Ltd.EnergyCP10.5%
Sundaram Finance Ltd.
FinancialZCB10.5%
Bank Of Baroda
FinancialCD10.5%
NTPC Ltd.EnergyNCD9.9%
Axis Bank Ltd.
FinancialCD9.4%
National Bank For Agriculture & Rural Development
FinancialCP8.8%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture7.0%

Pros and cons

Category: Debt Liquid

Pros

Lower expense ratio: 0.09%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 28Cr. Funds with lower AUM tend to have higher expense ratio
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.09%

Inclusive of GST

Exit load

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Vikrant Mehta
Jan 2021 - Present
View details

Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
Website
NA
Amc Image
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

ITI Liquid Fund Direct Growth
VS
Add mutual fund to compare

FAQs

How to Invest in ITI Liquid Fund Direct Growth?

You can easily invest in ITI Liquid Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ITI Liquid Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ITI Liquid Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ITI Liquid Fund Direct Growth provide?

The ITI Liquid Fund Direct Growth has been there from 24 Apr 2019 and the average annual returns provided by this fund is 3.35% since its inception.

How much expense ratio is charged by ITI Liquid Fund Direct Growth?

The term Expense Ratio used for ITI Liquid Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ITI Liquid Fund Direct Growth is 0.09% as of 17 May 2022...

What is the AUM of ITI Liquid Fund Direct Growth?

The AUM, short for Assets Under Management of ITI Liquid Fund Direct Growth is ₹26.39Cr as of 17 May 2022.

How to Redeem ITI Liquid Fund Direct Growth?

If you want to sell your ITI Liquid Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ITI Liquid Fund Direct Growth?

You can select either SIP or Lumpsum investment of ITI Liquid Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of ITI Liquid Fund Direct Growth?

The NAV of ITI Liquid Fund Direct Growth is ₹1,120.38 as of 16 May 2022.

What is the PE and PB ratio of ITI Liquid Fund Direct Growth?

The PE ratio ratio of ITI Liquid Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI