Aditya Birla Sun Life Liquid Fund -Daily IDCW

Aditya Birla Sun Life Liquid Fund -Daily IDCW is a scheme launched by Aditya Birla Sun Life Mutual Fund on March 31, 2004, and falls under the Liquid fund category. It currently manages an AUM of Rs 49,720.6 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 500. It charges an expense ratio of 0.34% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Aditya Birla Sun Life Liquid Fund -Daily IDCW trailing returns over different times are 7.08% (1 year), 6.96% (3 year) and 5.6% (5 year). The average annual return of this fund stands at 3.72%.