All You Need to Know Before Investing in Reliance Liquid Fund
Mutual funds allow the investors to invest their money in a safe and secure manner, as the fund management process divide the money in small funds and then invest it in different types of fund. However, before investing your money in Reliance Liquid Fund you must consider a few things.
Liquid fund is especially for those investors who are willing to keep their money for less time. Undoubtedly, these types of investments are made for a small-time period and to provide liquid cash available to the investors whenever they need it. If you are willing to make your investment for a short period, then Reliance Liquid Fund can be a good option. This fund allows the investors to invest in two different formats, one is in the SIP from and another one is lump sum format. However, before making your investment you must have a glance at the previous performance of this fund and certain key aspects related to it.
However, Reliance Liquid Fund is also known as Nippon Liquid Fund. Before investing your money on this liquid fund, you need to have a glance at different schemes offered by Nippon India Fund and its previous performance and few analytical aspects as well.
Latest NAV: 4819.0396 (29th March, 2020)
Performance of Nippon Liquid Fund till 29/2/2020
|Particulars||Simple Annualised %||CAGR %|
|Time Frame||7 Days||15 Days||30 Days||1 Year||3 Year||5 Year||Since Inception|
|Nippon Liquid Fund||4.53||4.78||5.09||6.35||6.85||7.25||7.33|
For Whom Liquid Fund Investment is Best?
Liquid fund investment is good for those investors who are willing to withdraw their money in a short time period. The return in such investment is low compared to any long-term investment or any other conventional investment options like FD, Bluechip fund, Index Fund, etc. However, this type of investment can provide you better returns compared to any short-term investment options like a high yielding savings account.
If you are someone, who is willing to make a big purchase in the near future or saving some money for emergency fun the liquid fund can be the best option for you. These types of funds offer you great flexibility with your money and investment.
However, before investing your money you must have a detailed idea about the fund manager, and other fund performance managed by the same fund manager.
Fund Managed By: Anju Chhajer
Top 3 fund Managed by Anju Chhajer
|Scheme Name CAGR% 1 year 3-year 5 year Scheme Bench Mark Scheme Bench mark Scheme Bench mark|
|Nippon India US Equity Opportunities Fund||10.6||9.70||14.30||12.78||No Information||No Information|
|Nippon India Floating Rate Fund||9.73||10.59||7.33||7.90||7.73||8.28|
|Nippon India Money Market Fund||7.75||7.24||7.49||7.35||7.62||7.58|
Top 3 Fund Performance Analysis
Top 3 funds managed by Anuj Chhajer reveal that compared to the other funds the Nippon India US Equity opportunities fund is performing better. Unlike all the other funds managed by the fund manager, this fund is capable enough to produce better results in the long term. Where the other top 3 funds managed by this fund management official, the return rates are around 7-8% on average, at the same time this particular fund has provided better results for both short term and long-term investors.
If you are willing to invest your money for a short-term period, then the Nippon Liquid Fund (also known as reliance liquid fund) can provide you a better result than any high yielding savings account or any short-term fund. However, this fund has been announced only 3 years ago, that is why no information is available on the long-term performance. Reliance Liquid Fund is one of the best investment option for those business persons who part their money in bank account where they get just nothing.