ICICI Prudential Liquid Fund Direct Growth

ICICI Prudential Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 02-12-2024

₹ 374.93

Inception Returns

6.9%

/yr

About ICICI Prudential Liquid Fund Direct Growth

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.

Key Parameters

  1. ICICI Prudential Liquid Fund Direct Growth has ₹57803 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 6.87% 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.

Holdings

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

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
5642 people have invested ₹ 20.7Cr in ICICI Prudential Liquid Fund Direct Growth in the last three months

ICICI Prudential Liquid Fund Direct Growth Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹57803 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹99/₹99
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
487%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (02-Dec-24)

Period
ICICI Prudential Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.4%
3M
1.8%
1.3%
6M
3.6%
3%
1Y
7.5%
6.6%
3Y
6.4%
5.8%
5Y
5.4%
4.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
98.6%

AA
1.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
67.9%
Corporate
27.2%
Government
4.9%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 51.4K Cr
₹ 46.3K Cr
₹ 50.6K Cr
  • AUM of the fund stands at 51.4K Cr as of Oct'24
  • AUM increased by 5.1K Cr between Oct'24 and Sep'24
Cash allocation has gone up from 99.8% to 99.8%
Cash allocation has gone up from 99.8% to 99.8%

Top 3 Sectors in October were Financial Services, Corporate & Consumer Defensive

Oct'24
Financial Services
67%
Corporate
27%
Consumer Defensive
11%
Sep'24
Financial Services
67%
Corporate
31%
Consumer Defensive
11%
  • Debt & Cash

Holdings
Weight%
1M Change
Punjab National Bank
Punjab National Bank
3.48%
0%
91 DTB 09012025
91 DTB 09012025
2.55%
100%
Bank Of India
Bank Of India
2.16%
0%
HDFC Bank Limited
HDFC Bank Limited
2.11%
0%
Cp Mankind Pharma Ltd
Cp Mankind Pharma Ltd
1.75%
0%
Loading...
We are taking more time than usual
Nikhil Kabra
Nikhil Kabra
Fund Manager of ICICI Prudential Liquid Fund Direct Growth, since 1 December 2023
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.44% return, outperforming this fund by 0.07% 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 0.38% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 17.2% growth in AUM moving from 49.30K Cr to 57.80K Cr.
Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.56% 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 0.26%.

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 6.87% since inception which is more than its category average return of 4.98%
AUM size ₹57803 Cr

AUM size ₹57803 Cr

This fund has AUM of ₹57803 Cr which is more than its category average of ₹ 14230 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 0.23%

Frequently Asked Questions for ICICI Prudential Liquid Fund Direct Growth

The current NAV of ICICI Prudential Liquid Fund Direct Growth is ₹374.93 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
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%
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 November 2024
₹57803 Cr as on November 2024
Punjab National Bank(3.48%), 91 DTB 09012025(2.55%), Bank Of India(2.16%), HDFC Bank Limited(2.11%), Cp Mankind Pharma Ltd(1.75%) as on November 2024
Cash Equivalent(74.1%), Corporate(24.68%), Government(1.21%) as on November 2024
Yield to Maturity is 7.12 as on November 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 0.11 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
98.59
AA
1.41
Nikhil Kabra is the fund manager of ICICI Prudential Liquid Fund Direct Growth
The Exit load of ICICI Prudential Liquid Fund Direct Growth is 0.01%