Rating : N/A

ICICI Prudential Liquid Fund Direct Plan Growth

Debt

  

Liquid Fund

NAV

300.5178 +0.0288

(as on 21 Oct, 2020)

RETURNS

6.39 %

Fund Type

Open Ended

Investment Plan

Growth

Investment Plan

0%

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

44170.25 Cr.

(As of 30 Sep, 2020)

Risk

Low

Objective

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.

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Fund manager

Rahul Goswami

Exit load

N / A

Minimum sip

₹99

Minimum investment

₹99

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

91 DTB 12112020

8.27%

91 DTB 24092020

5.06%

91 DTB 22102020

4.33%

91 DTB 15102020

3.64%

Sector Allocation

About the Scheme Type

Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Ltd. is a leading Indian asset management company (AMC) focused on bridging the gap between savings & investments and creating long term wealth for investors, through a range of simple and relevant investment solutions. The AMC is a joint venture between ICICI Bank, a well-known and trusted name in financial services in India and Prudential Plc, one of UK’s largest players in the financial services sectors. Throughout these years of the joint venture, the company has forged a position of pre-eminence in the Indian Mutual Fund industry. The AMC also caters to Portfolio Management Services for investors, spread across the country, along with International Advisory Mandates for clients across international markets in asset classes like Debt, Equity and Real Estate.

The ICICI Mutual Fund House has continuously aimed to provide investors with financial solutions to aid them in achieving their lifecycle objectives. It has constantly been on the forefront of innovation and has introduced various products aligned to meet customer needs, leading to a well-diversified portfolio of around 68 ICICI mutual fund schemes, across equity, debt, hybrid, solution oriented and others. The success of the various endeavours is evident in the mutual fund investor base which has witnessed tremendous growth over the years. Driven by an entirely investor centric approach, the organization today is a suitable mix of investment expertise, resource bandwidth and process orientation. ICICI Mutual Fund house endeavours to simplify its investor’s journey to meet their financial goals, and give a good investor experience through innovation, consistency and sustained risk adjusted performance. As of March 31, 2019, the investor base for the AMC stood at 4 million investors.

ICICI Prudential Mutual Fund offers a wide range of retail and corporate investment solutions across various asset classes - Equity, Debt, Hybrid, Solution Oriented and Others. ICICI Prudential Mutual Fund gained investor trust by managing funds as per its investment objectives and has been able to deliver superior risk adjusted returns. The consistent long term performance was achieved on the strength of fundamentals, process driven investment approach with enough flexibility for the fund managers to manage their funds in their respective unique style and insight. ICICI Mutual fund house, over the last 20 years, has emerged as a leading investment solution provider in India and has always aimed to fulfil its fiduciary responsibility of managing investor's wealth with prudence and due diligence.