Nippon India Liquid Fund Retail Dividend Monthly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 27 Feb 2005. Anju Chajjer is the Current Fund Manager of Nippon India Liquid Fund Retail Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹21,997 Cr and the Latest NAV as of 18 Oct 2019 is ₹1332.12.
The Nippon India Liquid Fund Retail Dividend Monthly is rated Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. 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
Aims to generate optimal returns consistent with moderate risk and high liquidity.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
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.
Exit Load