Overview
ICICI Prudential Liquid Fund Direct Plan Growth
ICICI Prudential Mutual Fund
The scheme seeks reasonable returns, commensurate with low risk levels while providing a high level of liquidity. Approximately 80 per cent of the corpus would be invested in money market securities, while the balance would be placed in high quality debt instruments.
Investments in ICICI Prudential Liquid Fund Direct Plan Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 385.6275
Fund Size (AUM)
₹42292.67 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 99
SIP: ₹99
Launch Date
01-Jan-2013
Expense Ratio
0.2%
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.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.31
History
Performance & Ratios
1-Year SIP Return
7.57%
3-Year SIP Return
7.32%
5-Year SIP Return
6.42%
Mean Return
6.78%
Alpha
1.84
Beta
0.68
Sharpe Ratio
1.37
Sortino Ratio
1.37
Information Ratio
11.95
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.38% | 6.86% | 5.52% | 7.37% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 20 | 20 | 14 | N/A |
Holdings (136)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.34% |
| Reserve Bank of India | Financial | T-Bills | 5.83% |
| Punjab National Bank | Financial | CD | 5.24% |
| IDBI Bank Ltd. | Financial | CD | 3.52% |
| Reserve Bank of India | Financial | T-Bills | 3.51% |
| HDFC Bank Ltd. | Financial | CD | 3.16% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.05% |
| Punjab National Bank | Financial | CD | 2.92% |
| Axis Bank Ltd. | Financial | CD | 2.49% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.1% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 99
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 1
Min Installments: 2
AMC Details
Asset Management Company
ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund started their mutual fund on 13/10/1993 and its managing total assets of ₹2,79,369 Cr. Its ranked at 1 as per total assets at end of 30th Sep 2017. ICICI Prudential Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
ICICI Prudential is one of the most popular mutual fund investment companies in India.
It is the second largest asset management company (AMC) in the country (as per average assets under management as on 31 December 2018 of Rs. 316,029 Crores
ICICI Prudential AMC's plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).
Launch Date
1993-10-12T00:00:00.274Z
Total AUM
₹ 879337.25 Cr
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
None
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
ICICI Prudential Liquid Fund Direct Plan Growth
ICICI Prudential Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for ICICI Prudential Liquid Fund Direct Plan Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of ICICI Prudential Liquid Fund Direct Plan Growth?
The top stocks held by ICICI Prudential Liquid Fund Direct Plan Growth include Reserve Bank of India, Reserve Bank of India, Punjab National Bank.
Which industries does ICICI Prudential Liquid Fund Direct Plan Growth invest in?
ICICI Prudential Liquid Fund Direct Plan Growth primarily invests in the following industries: Financial, Services, Energy.
Who are the fund managers of ICICI Prudential Liquid Fund Direct Plan Growth?
The fund managers of ICICI Prudential Liquid Fund Direct Plan Growth are Nikhil Kabra and Sharmila D'mello and Darshil Dedhia.
How many years has the fund manager been managing ICICI Prudential Liquid Fund Direct Plan Growth?
Nikhil Kabra:
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Sharmila D'mello:
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Darshil Dedhia:
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What is the minimum investment for ICICI Prudential Liquid Fund Direct Plan Growth?
The minimum investment for ICICI Prudential Liquid Fund Direct Plan Growth is ₹99 for lumpsum investments and ₹99 for SIPs.
What are the average 1-year returns for ICICI Prudential Liquid Fund Direct Plan Growth?
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What are the average 3-year returns for ICICI Prudential Liquid Fund Direct Plan Growth?
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What is the expense ratio of ICICI Prudential Liquid Fund Direct Plan Growth, and how does it compare to its category?
The expense ratio of ICICI Prudential Liquid Fund Direct Plan Growth is 0.2%. The average expense ratio for similar funds in the Debt is Calculating....