SBI Liquid Fund Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. R Arun is the Current Fund Manager of SBI Liquid Fund Direct Plan Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹40,660 Cr and the Latest NAV as of 16 Oct 2019 is ₹1003.25.
The SBI Liquid Fund Direct Plan Dividend Daily is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 50000. Nil.
Investment Objective
The investment objective of the scheme will be to provide attractive returns to the Magnum holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.
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)
₹50000
Min for First Investment
₹10000
Min for Second Investment