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A liquid fund like Nippon India Liquid Fund falls under the category of debt funds. It generally invests in low-risk securities that include government bonds and commercial paper.
In this blog, we'll walk you through the facts of Nippon India Liquid Fund and how to invest in it using Cube Wealth with market-beating advice from Wealth First.
Note: Nippon India Liquid Fund is currently being recommended on the Cube Wealth app by our mutual fund advisor, Wealth First. To check the latest fund information download the Cube Wealth App.
Nippon India Liquid Fund is an open-ended debt scheme that primarily invests in government bonds, commercial paper, Treasury bills, and other low-risk securities.
It is a low-risk investment that's ideal for the short term because its portfolio matures in 3 months. This simply means that the fund gets its principal amount back from its debt holdings in 3 months at the most.
Moreover, Nippon India Liquid Fund's top holdings are A1+ grade debt securities and sovereign bonds which means that they have strong creditworthiness.
The fund has historically generated better returns than the average bank savings account.
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Nippon India Liquid Fund aims to generate returns while ensuring high liquidity by investing in high rated debt and money market instruments that have a maturity of up to 91 days.
However, there is no guarantee that this aim will be achieved. Investors are thus advised to evaluate their risk tolerance using Cube Wealth or speak to a Cube Wealth Coach before investing in the fund.
Note: Facts & figures are accurate as of 15-04-2021 and are taken from publicly available sources. While we update our pages regularly, we advise you to check the Cube Wealth App for the latest data
Cube ATM allows you to instantly withdraw money from your Nippon India Liquid Fund investment to your bank account. You can withdraw ₹50,000 or 90% of your investment (whichever is lower).
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Note: Top 5 securities mentioned above are a part of the fund’s portfolio as of 15-04-2021. This information is subject to change at any time.
Ms. Anju Chhajer has been managing Nippon India Liquid Fund since the 1st of October 2013. She is a Chartered Accountant and has a B.Com (H). She's had previous stints with National Insurance Company and D.C Dharewa & Co.
The Cube Wealth app is the best way to invest in mutual funds with reliable advice from Wealth First. Cube is powerful, intuitive, and convenient to use.
Furthermore, Cube gives you access to curated fund recommendations from Wealth First. You can invest in the best mutual funds in India in two ways:
Here's how you can get started:
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Wealth First handpicks and curates a list of mutual funds every month on the Cube Wealth app. Wealth First was founded in 2000 and has a track record of beating the market by ~50% over the past decade.
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