3 Year return

5.91%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Low to Moderate Risk

Your principal will be at

Moderately Low Risk

Scheme Information

Asset Under Management

₹28790.46 Cr.

Expense Ratio

0.2% (inclusive of GST)

Exit Load

0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.

Ratings

ARQ Rating
5

Ratings by other agencies

3
2
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

AC

Anju Chhajer

Fund Manager since Dec 2018

View Details

Fund House Details

Nippon India Mutual Fund

Nippon India Mutual Fund Asset management company

AUM ₹486,805.05 Cr.
No. of Schemes 293
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment

Nippon India Liquid Fund, managed by Nippon India Mutual Fund, belongs to the liquid funds category, offering moderate returns with low risk. This direct plan introduces the Monthly IDCW Reinvestment scheme, ensuring dividends are reinvested for potential compounding. The fund's expense ratio is slightly higher than the category average.

Investment Objective of the Scheme

The scheme's primary objective is to provide investors with a stable investment avenue. Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment aims to achieve this by investing in debt instruments with short maturities. The fund focuses on generating moderate returns at minimal risk for investors.

Key Features of The Fund

5-year return 5.31%
Expense Ratio 0.2%
Fund Manager Anju Chhajer
Fund Size ₹28790.46 Cr
Risk Profile Moderately Low

Is This Scheme Right for Me?

If you're seeking a stable investment with low risk and the advantage of dividend reinvestment for potential compounding, Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment could be a suitable choice. This fund caters to individuals looking to allocate their surplus funds in a low-risk avenue. Assess your investment goals and risk tolerance before considering this fund. Seeking guidance from financial experts can provide personalized insights for informed decisions.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email customercare@nipponindiaim.in
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment Jul 17 2024 is 1594.2518

What is the AUM of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment is 28790.46 crore.

What is the expense ratio of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment is 0.2%

What are the returns of Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment since inception?

The Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment was launched on Jan 01 2013. The fund has delivered a CAGR of 6.87 since inception.

What is the minimum SIP amount to invest in Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment is 100.

How do I invest in Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Liquid Fund Direct Plan Monthly IDCW Reinvestment?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.