Fund Details
Quantum Liquid Fund Direct Daily Dividend
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.15% |
| NAV | ₹10.01 (17 Jan 2021) |
|---|---|
| Fund Started | 10 Apr 2006 |
| Fund Size | ₹559 Cr |
Returns
Comparison
1. Age is more than 3 years
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 15.0% |
| Reserve Bank of India | Financial | T-Bills | 10.4% |
| Reserve Bank of India | Financial | T-Bills | 8.5% |
| Reserve Bank of India | Financial | T-Bills | 8.4% |
| Reserve Bank of India | Financial | T-Bills | 6.6% |
| Reserve Bank of India | Financial | T-Bills | 5.7% |
| Reserve Bank of India | Financial | T-Bills | 5.6% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
Fund Managers
Quantum Liquid Fund Direct Daily Dividend Details
Quantum Liquid Fund Direct Daily Dividend is a Debt Mutual Fund Scheme launched by Quantum Mutual Fund. This scheme was made available to investors on 10 Apr 2006. Mayur Chauhan is the Current Fund Manager of Quantum Liquid Fund Direct Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹559 Cr and the Latest NAV as of 17 Jan 2021 is ₹10.01.
The Quantum Liquid Fund Direct Daily Dividend is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 100000. 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.
Investment Objective
The scheme aims to provide optimal returns with moderate levels of risk and high liquidity through judicious investments in money market and debt instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
