Nippon India Liquid Fund -Growth Plan

Nippon India Liquid Fund -Growth Plan is a scheme launched by Nippon Mutual Fund on December 09, 2003, and falls under the Liquid fund category. It currently manages an AUM of Rs 30,964.83 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 0.33% for managing the portfolio.

• Investing Strategy:

  To generate optimal returns consistent with moderate levels of risk and high liquidity.

• Performance:

  Nippon India Liquid Fund -Growth Plan 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 4.72%.