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 6.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.38%, 6.89% and 5.53% respectively.
ICICI Prudential Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Consumer Defensive, Energy, Health, Government, Basic Materials, Consumer Cyclical, Utilities. Its top holdings are 91 Days Tbill Red 12-06-2025, 91 Days Tbill Red 19-06-2025, Punjab National Bank ** #, IDBI Bank Limited (Industrial Development Bank Of India Ltd), 91 Days Tbill Red 05-06-2025
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 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 Debt TR INR |
AUM | ₹58630 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹99/₹99 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 487% |
STCG | Selling mutual fund 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 (29-Apr-25)
as on (31-Dec-69)
Top 3 Sectors in March were Financial Services, Corporate & Consumer Defensive
ICICI Prudential Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 3.66% | 3.66% |
1 Year Returns | 7.38% | 7.38% |
3 Years Returns | 22.12% | 6.89% |
AAA | 100 |