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Nippon India Liquid Fund Direct IDCW Monthly

Debt
Liquid
Moderate Risk
Payout
4.32%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹1,590.24
Min. SIP amount₹100
Rating3
Fund size₹25,763.13Cr

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%4.3%5.5%6.9%
Category average3.1%5.1%5.8%NA
Rank with in category1988NA
Understand terms

Holdings (77)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills6.1%
Reliance Jio Infocomm Ltd.CommunicationCP4.1%
Reserve Bank of India
FinancialT-Bills4.1%
Reliance Retail Ventures Ltd.ServicesCP4.1%
Indian Bank
FinancialCD3.9%
Reserve Bank of India
FinancialT-Bills3.2%
GOI
SovereignCGL3.1%
Bank Of Baroda
FinancialCD3.1%
Reserve Bank of India
FinancialT-Bills2.4%
Canara Bank
FinancialCD2.2%
See All

Pros and cons

Category: Debt Liquid

Pros

1Y annualised returns higher than category average by 0.4%
Lower expense ratio: 0.18%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Higher AUM: 24336Cr. Funds with a higher AUM tend to have lower returns in the future
3Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.18%

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₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Anju Chhajer
Oct 2013 - Present
View details

Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India 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,

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FAQs

How to Invest in Nippon India Liquid Fund Direct IDCW Monthly?

You can easily invest in Nippon India Liquid Fund Direct IDCW Monthly 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 Nippon India Liquid Fund Direct IDCW Monthly 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 Nippon India Liquid Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Liquid Fund Direct IDCW Monthly provide?

The Nippon India Liquid Fund Direct IDCW Monthly has been there from 02 Jan 2013 and the average annual returns provided by this fund is 3.50% since its inception.

How much expense ratio is charged by Nippon India Liquid Fund Direct IDCW Monthly?

The term Expense Ratio used for Nippon India Liquid Fund Direct IDCW Monthly 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 Nippon India Liquid Fund Direct IDCW Monthly is 0.18% as of 22 May 2022...

What is the AUM of Nippon India Liquid Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Nippon India Liquid Fund Direct IDCW Monthly is ₹25,763.13Cr as of 22 May 2022.

How to Redeem Nippon India Liquid Fund Direct IDCW Monthly?

If you want to sell your Nippon India Liquid Fund Direct IDCW Monthly 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 Nippon India Liquid Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Nippon India Liquid Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Nippon India Liquid Fund Direct IDCW Monthly?

The NAV of Nippon India Liquid Fund Direct IDCW Monthly is ₹1,590.24 as of 20 May 2022.

What is the PE and PB ratio of Nippon India Liquid Fund Direct IDCW Monthly?

The PE ratio ratio of Nippon India Liquid Fund Direct IDCW Monthly 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).

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