ICICI Prudential Liquid Fund Direct Growth

Debt
Direct
Liquid
ICICI Prudential Liquid Fund Direct Growth

About the Fund

ICICI Prudential Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rohan Maru, Manish Banthia. This fund is suitable to keep your money safe.

Key Parameters

  1. ICICI Prudential Liquid Fund Direct Growth has ₹43069 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.

Returns

ICICI Prudential Liquid Fund Direct Growth has given a CAGR return of 6.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.39%, 5.87% and 5.29% respectively.

Holdings

ICICI Prudential Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Defensive, Energy, Health, Government, Consumer Cyclical, Utilities, Basic Materials. Its top holdings are 91 DTB 29082024, HDFC Bank Limited, Indian Bank, Small Industries Development Bank Of India, 91 DTB 15082024

Taxation

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of ICICI Prudential Liquid Fund Direct Growth

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in money market and debt instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 99.00 and for SIP is INR 99.00. ICICI Prudential Liquid Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
4934 people have invested ₹ 27Cr in ICICI Prudential Liquid Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹43069 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹99/₹99
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
487%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
72.7%
Corporate
22%
Government
5.3%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 29082024
91 DTB 29082024
4.59%
100%
HDFC Bank Limited
HDFC Bank Limited
3.2%
100%
Indian Bank
Indian Bank
2.47%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.31%
-33.3%
HDFC Bank Limited
HDFC Bank Limited
2.3%
0%

Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Liquid Fund Direct Growth, since 19 September 2013
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Liquid Fund Direct Growth, since 12 June 2023

Mutual Fund Insights

Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.46% return, outperforming this fund by 0.07%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.27%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 5.94% return, outperforming this fund by 0.08% per annum.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.47% per annum.
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Over the last 1 month, this fund has experienced a 7.2% drop in AUM moving from 46.42K Cr to 43.06K Cr.

ICICI Prudential Liquid Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.85% since inception which is more than its category average return of 4.98%
AUM size ₹43069 Cr

AUM size ₹43069 Cr

This fund has AUM of ₹43069 Cr which is more than its category average of ₹ 11626 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of ICICI Prudential Liquid Fund Direct Growth is ₹365.05 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
ICICI Prudential Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
3.72%
3.72%
1 Year Returns
7.39%
7.39%
3 Years Returns
18.65%
5.87%
5 Years Returns
29.39%
5.29%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.2% as on June 2024
₹43069 Cr as on June 2024
91 DTB 29082024(4.59%), HDFC Bank Limited(3.2%), Indian Bank(2.47%), Small Industries Development Bank Of India(2.31%), 91 DTB 15082024(2.3%) as on June 2024
Cash Equivalent(72.67%), Corporate(22.02%), Government(5.31%) as on June 2024
Yield to Maturity is 7.24 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.12 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rohan Maru, Manish Banthia are the fund managers of ICICI Prudential Liquid Fund Direct Growth
The Exit load of ICICI Prudential Liquid Fund Direct Growth is 0.01%