Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

Debt
Direct
Liquid
Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

About the Fund

Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Siddharth Deb, Anju Chhajer. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has ₹28790 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

Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 5.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.97%, 5.65% and 4.92% respectively.

Holdings

Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 182 DTB 22082024, Bank Of Maharashtra, Indian Bank, Small Industries Development Bank Of India, Sikka Ports And Terminals Limited

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 Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 100.00. Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 1.3K in Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹28790 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹10000/₹100
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
566.48%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
78.1%
Government
11.9%
Corporate
10%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 22082024
182 DTB 22082024
5.07%
0%
Bank Of Maharashtra
Bank Of Maharashtra
4.29%
100%
Indian Bank
Indian Bank
3.44%
100%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.93%
13.3%
Sikka Ports And Terminals Limited
Sikka Ports And Terminals Limited
2.92%
100%

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 25 May 2018
Siddharth Deb
Siddharth Deb
Fund Manager of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 1 March 2022
Anju Chhajer
Anju Chhajer
Fund Manager of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl, since 1 October 2013

Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl 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 5.32% since inception which is more than its category average return of 4.98%
AUM size ₹28790 Cr

AUM size ₹28790 Cr

This fund has AUM of ₹28790 Cr which is more than its category average of ₹ 11850 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 0.24%

Frequently Asked Questions

The current NAV of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is ₹1529.03 as on 13-Jul-2024.
Existing (Absolute + CAGR) as on 13-Jul-2024.
Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.23%
0.23%
6 Month Returns
3.31%
3.31%
1 Year Returns
6.97%
6.97%
3 Years Returns
17.92%
5.65%
5 Years Returns
27.14%
4.92%
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 June 2024
₹28790 Cr as on June 2024
182 DTB 22082024(5.07%), Bank Of Maharashtra(4.29%), Indian Bank(3.44%), Small Industries Development Bank Of India(2.93%), Sikka Ports And Terminals Limited(2.92%) as on June 2024
Cash Equivalent(65.14%), Corporate(27.26%), Government(7.6%) as on June 2024
Yield to Maturity is 7.25 as on June 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 0.15 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai, Siddharth Deb, Anju Chhajer are the fund managers of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Liquid Fund Direct Plan Daily Reinvestment Inc Dist cum Cap Wdrl is 0.01%