Rating : N/A
IIFL Liquid Fund Direct Daily Dividend Reinvestment
Liquid Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Investment Plan
0%
Benchmark
CRISIL Liquid Fund TR INR
Asset Size
435.59 Cr.
(As of 31 Aug, 2020)
Risk
Low
Objective
To provide liquidity with reasonable returns commensurate with low risk through a portfolio of money market and debt securities with residual maturity of up to 91 days. However, there can be no assurance that the investment objective of the scheme will be achieved.
Fund manager
ankur parekh
Exit load
N / A
Minimum sip
₹1000
Minimum investment
₹5000
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 15102020
17.15%
Housing Development Finance Corporation Limited
5.74%
91 DTB 22102020
5.71%
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.