SBI Liquid Fund Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 22 Mar 2007. Rajiv Radhakrishnan is the Current Fund Manager of SBI Liquid Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹55,085 Cr and the Latest NAV as of 20 Sep 2019 is ₹3006.20.
The SBI Liquid Fund Growth is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. 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)
₹5000
Min for First Investment
₹5000
Min for Second Investment