Fund Details
Nippon India Liquid Fund Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.32% |
| NAV | ₹1528.74 (26 Jan 2021) |
|---|---|
| Fund Started | 10 Dec 2003 |
| Fund Size | ₹23,245 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Risk is lower compared to the benchmark
3. Age is more than 3 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.7% |
| Reserve Bank of India | Financial | T-Bills | 6.7% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Hindustan Zinc Ltd. | Metals | CP | 3.9% |
| Reliance Industries Ltd. | Energy | CP | 3.2% |
| Mangalore Refinery & Petrochemicals Ltd. | Energy | CP | 3.0% |
| Reserve Bank of India | Financial | T-Bills | 2.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.5% |
| NLC India Ltd. | Energy | CP | 2.3% |
| Chennai Petroleum Corpn. Ltd. | Energy | CP | 2.3% |
Fund Managers
Nippon India Liquid Fund Dividend Daily Details
Nippon India Liquid Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 10 Dec 2003. Anju Chajjer is the Current Fund Manager of Nippon India Liquid Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹23,245 Cr and the Latest NAV as of 26 Jan 2021 is ₹1528.74.
The Nippon India Liquid Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 10000. 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 seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market 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.
