Aditya Birla Sun Life Liquid Fund Direct Growth
Debt
Direct
Liquid
NAV as on 16-10-2024
₹ 405.28
Inception Returns
6.9%
/yr
About the Fund
Aditya Birla Sun Life Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kaustubh Gupta, Sunaina Cunha, Sanjay Pawar. This fund is suitable to keep your money safe.
Key Parameters
- Aditya Birla Sun Life Liquid Fund Direct Growth has ₹43797 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Aditya Birla Sun Life Liquid Fund Direct Growth has given a CAGR return of 6.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.52%, 6.28% and 5.39% respectively.
Holdings
Aditya Birla Sun Life Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 05122024, 91 DTB 24102024, State Bank Of India, Punjab National Bank, Punjab National Bank
Taxation
As it is a liquid mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Aditya Birla Sun Life Liquid Fund Direct Growth
The objective of the scheme is to provide reasonable returns at a high level of safety and liquidity through judicious investments in high quality debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Aditya Birla Sun Life Liquid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.21% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹43797 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 488.78% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (16-Oct-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 49.7K Cr as of Sep'24
- AUM decreased by 2.3K Cr between Sep'24 and Aug'24
Top 3 Sectors in September were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 05122024 | 3.58% | 0% | |
91 DTB 24102024 | 2.84% | 0% | |
State Bank Of India | 2.81% | 100% | |
Punjab National Bank | 2.27% | 100% | |
Punjab National Bank | 2.27% | 0% |
Mutual Fund Insights
Aditya Birla Sun Life Liquid Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.21%
Frequently Asked Questions
Aditya Birla Sun Life Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.61% | 3.61% |
1 Year Returns | 7.52% | 7.52% |
3 Years Returns | 20.04% | 6.28% |
5 Years Returns | 30.04% | 5.39% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 99.53 |
AA | 0.47 |