HDFC Liquid Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 4768.7383 0.7637(0.016 %) NAV as on 24 Apr 2024
Scheme Objective: To generate income through a portfolio comprising money market and debt instruments. There is no assurance that the investment objective of the Scheme will be realized.
Performance (As on 24 Apr 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.12 % | 1.92 % | 3.74 % | 7.29 % | 5.56 % | 5.23 % | 6.80 % | >
| Nifty 1D Rate Index | 0.12 % | 1.65 % | 3.40 % | 6.84 % | 5.30 % | 4.81 % | N/A |
Portfolio
Liquid debt funds that invest in debt instruments whose maturities are less than 60 days. These instruments are typically government treasury bills, commercial paper, and bank certificates of deposits. Funds stick to papers that have the highest credit rating. Because of the nature of instruments, these funds are extremely low risk and generally do not deliver even 1-day losses.
These funds suit any investor with a very short term investment horizon of a few days to 6 months. These funds can also be used to maintain emergency money.
For investments made before April 1st, 2023
Short-term: Holding period is less than 36 months.
Taxation: Capital gains are taxed at individuals slab rate
Long-term: Holding period is 36 months or more.
Taxation: Capital gains are taxed at 20% with indexation benefit.
For investments made on and after April 1st, 2023
All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.
