Debt
Direct
Liquid
NAV as on 02-11-2024
₹ 1311.18
Inception Returns
5%
/yr
ITI Liquid Fund Direct Growth is a debt fund. This fund was started on 24 April, 2019. The fund is managed by Vikrant Mehta. This fund is suitable to keep your money safe.
ITI Liquid Fund Direct Growth has given a CAGR return of 5.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.11%, 6.03% and 4.95% respectively.
ITI Liquid Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are Govt Stock, Export-Import Bank Of India, Bank Of Baroda, HDFC Bank Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
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 investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.09% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹102 Cr |
Inception Date | 24 April, 2019 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 684.28% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (02-Nov-24)
as on (31-Dec-69)
Top 2 Sectors in September were Corporate, Government
ITI Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.48% | 3.48% |
1 Year Returns | 7.11% | 7.11% |
3 Years Returns | 19.22% | 6.03% |
5 Years Returns | 27.32% | 4.95% |
AAA | 100 |