Sundaram Liquid Fund Direct Growth

Sundaram Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dwijendra Srivastava, Sandeep Agarwal. This fund is suitable to keep your money safe.

1. Sundaram Liquid Fund Direct Growth has ₹6288 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Sundaram Liquid Fund Direct Growth has given a CAGR return of 6.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.33%, 7.06% and 5.58% respectively.

Sundaram Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Industrial, Consumer Cyclical, Government, Basic Materials, Consumer Defensive, Energy. Its top holdings are Hindustan Petroleum Corp Ltd., National Bank for Agriculture and Rural Development, Reliance Industries Ltd., Reliance Jio Infocomm Ltd., Punjab National Bank

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.

To provide investors with as high a level of income available from short-term investments as is considered consistent with preservation of capital and maintenance of liquidity, by investing in a portfolio of money market and investment grade debt instruments.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Sundaram Liquid Fund Direct Growth has no lock in period.