ICICI Prudential Liquid Fund - Growth

ICICI Prudential Liquid Fund - Growth is a scheme launched by ICICI Mutual Fund on November 17, 2005, and falls under the Liquid fund category. It currently manages an AUM of Rs 49,438.5 crore. The fund permits investments with a minimum SIP of Rs 99 and a lump sum of Rs 99. It charges an expense ratio of 0.3% for managing the portfolio.

• Investing Strategy:

  The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in money market and debt instruments. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Liquid Fund - Growth trailing returns over different times are 6.85% (1 year), 6.96% (3 year) and 5.58% (5 year). The average annual return of this fund stands at 4.63%.