Debt
Direct
Liquid
NAV as on 02-12-2024
₹ 374.93
Inception Returns
6.9%
/yr
ICICI Prudential Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Nikhil Kabra. This fund is suitable to keep your money safe.
ICICI Prudential Liquid Fund Direct Growth has given a CAGR return of 6.87% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.49%, 6.36% and 5.38% respectively.
ICICI Prudential Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Defensive, Energy, Health, Consumer Cyclical, Utilities, Basic Materials, Government. Its top holdings are Punjab National Bank, 91 DTB 09012025, Bank Of India, HDFC Bank Limited, Cp Mankind Pharma Ltd
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.
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 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.
Expense ratio | 0.2% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹57803 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹99/₹99 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 487% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (02-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Consumer Defensive
ICICI Prudential Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.58% | 3.58% |
1 Year Returns | 7.49% | 7.49% |
3 Years Returns | 20.33% | 6.36% |
5 Years Returns | 29.98% | 5.38% |
AAA | 98.59 |
AA | 1.41 |