IDBI Liquid Fund- Monthly IDCW

IDBI Liquid Fund- Monthly IDCW is a scheme launched by IDBI Mutual Fund on July 09, 2010, and falls under the Liquid fund category. It currently manages an AUM of Rs 11,164.78 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.3% for managing the portfolio.

• Investing Strategy:

  To generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market and quality debt instruments

• Performance:

  IDBI Liquid Fund- Monthly IDCW trailing returns over different times are 6.79% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 7.05%.