Aditya Birla Sun Life Liquid Fund Direct Growth

Aditya Birla Sun Life Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sanjay Pawar, Sunaina Cunha, Kaustubh Gupta. This fund is suitable to keep your money safe.

1. Aditya Birla Sun Life Liquid Fund Direct Growth has ₹53912 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Aditya Birla Sun Life Liquid Fund Direct Growth has given a CAGR return of 6.95% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.41%, 7.02% and 5.59% respectively.

Aditya Birla Sun Life Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate. Its top holdings are 91 Days Tbill, National Bank for Agriculture and Rural Development, Punjab National Bank, HDFC Bank Limited, 91 DTB 30052025

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Liquid Fund Direct Growth has no lock in period.