| Risk | Low |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.30% |
| NAV | ₹1528.74 (23 Oct 2020) |
|---|---|
| Fund Started | 10 Dec 2003 |
| Fund Size | ₹24,930 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.8% |
| Reserve Bank of India | Financial | T-Bills | 8.0% |
| GOI | Sovereign | GOI FRB | 5.4% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Hindustan Zinc Ltd. | Metals | CP | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.0% |
| Reserve Bank of India | Financial | T-Bills | 3.4% |
| National Thermal Power Corp. Ltd. | Energy | CP | 3.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.8% |
| Reserve Bank of India | Financial | T-Bills | 2.7% |
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 ₹24,930 Cr and the Latest NAV as of 23 Oct 2020 is ₹1528.74.
The Nippon India Liquid Fund Dividend Daily is rated 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.
The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.