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Nippon India Liquid Fund Direct-Growth rating rating rating rating rating

Debt Liquid

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

6.63%

3 Yrs CAGR returns

6.99%

5 Yrs CAGR returns

7.4%

NAV as on 29 Dec

₹ 4799.79 by 0.66 ( 0.01%)

Expense ratio

0.20

Exit load

0.007%

Fund Size (Cr)

₹ 31841.33


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Performance Graph*
Returns Calculator
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If ₹1000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

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

Tax Implications

Returns are taxed at Marginal rate of taxation, if you redeem before 36 months. Gains on debt mutual funds held for 36 months or more are treated as long-term capital gains and taxed at the rate of 20% after indexation benefits. Indexation is a technique to adjust tax payments by employing a price index which adjusts for inflation.

riskometer
Top Holdings
Top 10 Sectors %
Financial 57.15
Sovereign 10.01
Others 9.79
Metals 8.09
Communication 5.07
Services 3.58
Energy 2.39
Chemicals 2.1
Construction 0.6
undefined 0.57
Top 10 Sectors %
Others 8.37
Sovereign 7.6
Banking 6.84
Banking 4.79
Banking 3
Banking 2.72
Sovereign 2.41
Banking 2.4
Banking 2.38
Misc. Fin.services 2.25
Fund house details
Fund House Reliance Mutual Fund
Fund Manager Anju Chhajer
Fund Setup Date 01 Jan 2013
Address Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East)
Contact (022) 33031000 / 1800 300 11111
Email ID customer_care@reliancemutual.com
More About This Fund

About Nippon India Liquid Fund

Nippon India Liquid Fund is a debt fund which principally invests in debt and money market securities. The investment objective of the fund is inclined towards generating favourable returns under moderately risky market conditions. The fund matures in maximum 91 days hence providing high-liquidity to the investors.

This fund is a suitable investment option for investors seeking short-term investment. Moreover, redemption of units of Mutual Fund can be processed on any business day based on the NAV prices. Also, the redemption is dealt instantly by the bank.

The fund was launched in 2003 and has delivered consistent returns since then. This adds to the reliability factor for the investors. The improving CRISIL Rank of this Mutual Fund validates the stability and consistency of returns procured over the last few years.

Who Should Invest in this Fund?

  • This fund is ideal for investors who want to opt for an investment scheme with regular income and minimum risks
  • Investors looking for options to deposit their idle capital and achieve short-term financial goals
  • If you are a risk-averse investor, this fund is one of the best investments options due to its low maturity period which also makes it comparatively less-risky than Ultra short-term funds
  • If you want to invest in a long-term investment scheme, you should not invest in this fund as it won’t be able to deliver higher returns which are offered by long-term investments. In that case, you can invest in Axis Bluechip Fund or SBI Bluechip Fund to get better returns on long-term investments
  • There are more than 20,000 crores of Assets Under Management (AUM) which could possibly impede the returns accrued

Will you pay tax?

  • If an investor has made a capital gain of ₹50000 on investment in debt mutual fund and withdraws the amount before 3 years of investment, Short Term Capital Gains Tax would be levied, as per the income tax slab of the investor. ₹50,000 would be added to the taxable income of the investor and taxed accordingly.
  • If an investor withdraws the investment including capital gains post 3 years of investment, 20% Long Term Capital Gains Tax of 20% is levied, with the benefit of indexation.

Indexation reduces the value of overall Long Term Capital gains to reflect the effect of inflation on your investment.

For an Example:

To calculate the final value of capital gains post indexation, we use government’s Cost Inflation Index (CII) in the following formula:

Indexed cost of Acquisition = Investment Amount * (CII of the year of withdrawal/ CII of the year of investment)

Suppose the investment amount is ₹70,000 in the year 2016 and the withdrawal  amount is ₹1 Lakh. The value of capital gains is ₹30,000 before indexation

Indexed Cost of Acquisition= 70000* (280/254) = 77165.35

Note: CII in the year 2015 = 254

          CII in the year 2018 = 280

Final Value of Capital Gains= 100000- 77165.35 = 22834.65

Tax Payable = 20% of 22834.65 = 4566.93

How to Invest in the Nippon India Liquid Fund Online?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Debt Funds’
  • Click on the section of ‘Liquid Funds’
  • Type and search directly by the name of Nippon India Liquid Fund. Once it opens up, look at the details. You can also compare similar funds as well as use SIP Calculator or Lumpsum Calculator to estimate the future value of your investment.
  • Click on ‘Invest Now’, select either Lump sum or SIP

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Frequently Asked Questions

Q. Are Liquid Funds tax free?
A. in case the funds are held for more than 3 years, tax is charged on Long-term Capital Gains. Tax is payable according to the tax slab in case of selling of units before three years.

Q. Are liquid funds risk-free?
A.
Liquid funds invest in debt securities which makes them low-risk investments but they are not completely risk-free. There is interest rate risk or credit risk involved in these funds.

Q. What is the minimum investment requirement?
A.
The minimum investment required to enter the aforementioned Mutual Fund is Rs.100

Q. Who is the fund manager of this fund? What is the strategy used?
A.
The fund is managed by Ms. Anju Chhajer since 2013 and her active participation in the management of portfolio, appropriate stock selection, sound knowledge of market decisions has led to high growth and substantial returns from the fund. She has employed a planned placement of assets into A1+ rated securities, SOV and AAA rated securities to ensure a stabilized portfolio for maximum returns.

Q. What is the Exit Load in this fund?
A.
The exit load for Nippon India Liquid Fund is charged as-

0.007% for redemption within 1 days

0.0065% for redemption between 1 – 2 days

0.006% for redemption between 2 – 3 days

0.0055% for redemption between 3 – 4 days

0.005% for redemption between 4 – 5 days

0.0045% for redemption between 5 – 6 days

Q. What is the entry load for this fund?
A.
No entry load is applicable on this mutual fund