Nippon India Liquid Fund Direct-IDCW Daily
(Scheme Rating)
NAV as of Jan 13, 2025
1,528.740.00%
- IDCW Daily - Direct
- IDCW Monthly - Direct
- IDCW Daily - Direct
- Growth - Direct
- IDCW Weekly - Direct
- IDCW Quarterly - Direct
- IDCW Monthly - Regular
- IDCW Monthly - Regular
- Growth - Regular
- IDCW Weekly - Regular
- IDCW Daily - Regular
- IDCW Daily - Regular
- IDCW Weekly - Regular
- Growth - Regular
- IDCW Quarterly - Regular
- IDCW Quarterly - Regular
(Earn upto 0.12% Extra Returns with Direct Plan)
- IDCW Daily - Direct
Fund Category:
Debt: Liquid
Expense Ratio:
0.20%(0.15% Category
average)Fund Size:
Rs. 26,985.58 Cr(5.62% of Investment in Category)
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Nippon India Liquid Fund Direct-IDCW Daily
(Scheme Rating)
NAV as of Jan 13, 2025
1,528.740.00%
Expense Ratio:
0.20%
Fund Size:
Rs. 26,985.58 Cr
Fund Category:
Debt: Liquid
1. Current NAV: The Current Net Asset Value of the Nippon India Liquid Fund - Direct Plan as of Jan 13, 2025 is Rs 1,528.74 for IDCW Daily option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 7.42% (1yr), 6.51% (3yr), 5.44% (5yr) and 6.9% (since launch). Whereas, Category returns for the same time duration are: 7.079277497618604% (1yr), 6.274581481891731% (3yr) and 5.171051763196124% (5yr).
3. Fund Size: The Nippon India Liquid Fund - Direct Plan currently holds Assets under Management worth of Rs 26985.5762 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.2% for Direct plan as on Dec 02, 2024.
5. Exit Load: Nippon India Liquid Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days."
6. Minimum Investment: Minimum investment required is Rs 10000 and minimum additional investment is Rs 10000. Minimum SIP investment is Rs 100.
Nippon India Liquid Fund Direct-IDCW Daily Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.60 1.74 3.57 7.42 6.52 5.44 Category Avg 0.57 1.67 3.41 7.07 6.28 5.18 Rank within Category 19 20 21 12 11 9 No. of funds within Category 49 47 46 43 38 37 - Loading...
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL Liquid Direct-IDCWD
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Nippon India Liquid Fund Direct-IDCW Daily Fund Details
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.
Fund House | Nippon India Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | NIFTY Liquid Index B-I |
Return Since Launch | 6.9% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | Above Average |
Nippon India Liquid Fund Direct-IDCW Daily Investment Details
Minimum Investment (Rs.) | 10,000.00 |
Minimum Additional Investment (Rs.) | 10,000.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 100.00 |
Exit Load Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days. |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.13 | 0.1942 | 0.0002 | 0.1125 |
Average Maturity(Yrs) | 0.15 | 0.205 | 0.0384 | 0.1187 |
Yield to Maturity(%) | 7.2 | 8.05 | 6.47 | 7.1013 |
Avg Credit Rating | Low | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 22.17 | 17.49 |
Low Risk | 94.34 | 81.51 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | -16.51 | 0.99 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 3.43 | 3.29 |
CD | 51.84 | 40.57 |
T-Bills | 15.06 | 16.06 |
CP | 40.91 | 36.76 |
NCD & Bonds | 0.19 | 4.08 |
PTC | - | - |
Cash & Others | -11.43 | -0.76 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
Reserve Bank of India | Treasury Bills | Financial | SOV | 19,822.74 | 7.49 | - |
State Bank of India | Certificate of Deposit | Financial | A1+ | 10,371.25 | 3.92 | 21,000 |
Punjab National Bank | Certificate of Deposit | Financial | A1+ | 9,878.60 | 3.73 | 20,000 |
Canara Bank | Certificate of Deposit | Financial | A1+ | 9,862.26 | 3.73 | 20,000 |
Union Bank of India | Certificate of Deposit | Financial | A1+ | 9,837.00 | 3.72 | 20,000 |
6.18% GOI 04/11/2024 | GOI Securities | Sovereign | SOV | 8,495.27 | 3.21 | 8,50,00,000 |
Indian Bank | Certificate of Deposit | Financial | A1+ | 7,429.65 | 2.81 | 15,000 |
Sikka Ports and Terminals Ltd | Commercial Paper | Energy | A1+ | 7,426.04 | 2.81 | 15,000 |
Reliance Retail Ventures Ltd | Commercial Paper | Services | A1+ | 7,419.07 | 2.80 | 15,000 |
Punjab National Bank | Certificate of Deposit | Financial | A1+ | 7,192.60 | 2.72 | - |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India Liquid Fund Direct-IDCW Daily 1,528.74 26,985.58 0.60 7.42 6.52 5.44 Edelweiss Liquid Direct-IDCW Daily 1,116.68 5,489.08 0.60 7.50 6.55 5.48 Aditya Birla Sun Life Liquid Fund Direct-IDCW Daily 100.20 39,882.67 0.60 7.45 6.57 5.47 Mahindra Manulife Liquid Fund Direct -IDCW Daily 1,170.56 1,157.76 0.60 7.44 6.57 5.48 Union Liquid Fund Direct-IDCW Daily 1,000.79 3,742.53 0.60 7.42 6.55 5.47
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Moderate Volatility
0.38VS0.38Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.80VS0.77Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.90VS0.75Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
0.43VS0.37Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
2.05VS1.92Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
6.31VS6.24Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Nippon India Mutual Fund News
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Fund Manager
- S.D.Siddharth DebSince Mar 20221 schemes
- V.A.Vikash AgarwalSince Sep 20242 schemes
Mr. Deb is a B.Sc and MMS (Finance). Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Nippon India Overnight Fund Direct-IDCW Daily Overnight 100.00 6,842.60 6.73 Mr. Agarwal is a B.Com., CA, CFA Prior to joining HDFC AMC, he has worked with Larsen & Toubro Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Nippon India Money Market Fund Direct-IDCW Daily Money Market 1,004.36 15,877.38 7.76 Nippon India Floating Rate Fund Direct-IDCW Daily Floater 10.31 7,580.55 8.33
More Nippon India Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Nippon India Small Cap Fund Direct- Growth | 61,646.36 | -0.04 | -3.70 | 2.25 | 27.34 | 27.31 | |
Nippon India Multi Cap Fund Direct-Growth | 39,000.80 | -0.38 | -5.19 | 0.74 | 27.00 | 26.74 | |
Nippon India Large Cap Fund Direct-Growth | 35,313.48 | -0.63 | -5.25 | 0.43 | 19.56 | 21.44 | |
Nippon India Growth Fund Direct- Growth | 34,583.63 | 0.93 | -4.03 | 4.70 | 27.65 | 26.94 | |
Nippon India Liquid Fund Direct-Growth | 32,107.82 | 0.60 | 1.76 | 3.59 | 7.46 | 6.49 | |
Nippon India Money Market Fund Direct-Growth | 18,195.85 | 0.65 | 1.82 | 3.76 | 7.84 | 6.82 | |
Nippon India ELSS Tax Saver Fund Direct-Growth | 15,665.55 | -2.50 | -7.92 | -2.10 | 18.10 | 18.19 | |
Nippon India Arbitrage Fund Direct-Growth | 15,418.46 | 0.71 | 1.98 | 3.77 | 8.15 | 7.00 | |
Nippon India Nivesh Lakshya Fund Direct - Growth | 9,114.67 | 0.52 | 0.17 | 4.21 | 11.70 | 7.21 | |
Nippon India Low Duration Fund Direct-Growth | 9,003.76 | 0.68 | 1.92 | 3.97 | 7.99 | 6.74 |
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1. Nippon India Liquid Fund - Direct Plan is Open-ended Liquid Debt scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments. "
2. It is benchmarked against NIFTY Liquid Index B-I.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Nippon India Liquid Fund - Direct Plan is 0.14794521 years and Duration is 0.13424658 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Nippon India Liquid Fund Direct-IDCW Daily
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
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FAQs about Nippon India Liquid Fund Direct-IDCW Daily
- Is it safe to invest in Nippon India Liquid Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India Liquid Fund - Direct Plan comes under Moderate risk category.
- What is the category of Nippon India Liquid Fund - Direct Plan?Nippon India Liquid Fund - Direct Plan belongs to the Debt : Liquid category of funds.
- How Long should I Invest in Nippon India Liquid Fund - Direct Plan?The suggested investment horizon of investing into Nippon India Liquid Fund - Direct Plan is <3 month. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India Liquid Fund - Direct Plan?The Nippon India Liquid Fund - Direct Plan is managed by Siddharth Deb (Since Mar 01, 2022) and Vikash Agarwal (Since Sep 14, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.