ITI Liquid Fund Direct Growth

ITI Liquid Fund Direct Growth

Compare
Debt
Direct
Liquid
NAV: ₹ 1272.96 as on 27-05-2024

About the Fund

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.

Key Parameters

  1. ITI Liquid Fund Direct Growth has ₹40 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 2.9L in ITI Liquid Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.09%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹40 Cr
Inception Date
Inception Date
24 April, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
719.61%

ITI Liquid Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
60.8%
Corporate
39.2%

Top Holdings of ITI Liquid Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings6
Holdings
Weight%
1M Change
6.69% Govt Stock 2024
6.69% Govt Stock 2024
37.56%
0%
Bank Of Baroda
Bank Of Baroda
20.04%
0%
ICICI Bank Limited
ICICI Bank Limited
17.45%
0%
Canara Bank
Canara Bank
8.76%
0%
Punjab National Bank
Punjab National Bank
7.5%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 38.2 Cr
₹ 33.8 Cr
₹ 85.4 Cr
  • AUM of the fund stands at 38.2 Cr as of Apr'24
  • AUM increased by 4.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.4%.
Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.09% which is lower than the category average expense ratio of 0.27%.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.95% per annum.
Insights icon
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.8% return, outperforming this fund by 0.33% per annum.

Fund Manager

Vikrant Mehta
Vikrant Mehta
Fund Manager of ITI Liquid Fund Direct Growth, since 18 January 2021

ITI Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 4.85% since inception which is more than its category average return of 4.81%
AUM size ₹40 Cr

AUM size ₹40 Cr

This fund has AUM of ₹40 Cr which is less than its category average of ₹ 12477 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of ITI Liquid Fund Direct Growth is ₹1272.96 as on 27-May-2024.
Existing (Absolute + CAGR) as on 27-May-2024.
ITI Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.5%
3.5%
1 Year Returns
7.01%
7.01%
3 Years Returns
17.3%
5.46%
5 Years Returns
26.52%
4.82%
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.
0.09% as on April 2024
₹40 Cr as on April 2024
6.69% Govt Stock 2024(37.56%), Bank Of Baroda(20.04%), ICICI Bank Limited(17.45%), Canara Bank(8.76%), Punjab National Bank(7.5%) as on April 2024
Yield to Maturity is 6.94 as on April 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 0.1 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikrant Mehta is the fund manager of ITI Liquid Fund Direct Growth
The Exit load of ITI Liquid Fund Direct Growth is 0.01%