1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||2.49||0.02||0.04||0.19||0.54||1.61||3.46||3.99||4.17||4.65||4.76|
|Rank within category||9||13||11||10||10||13||8||6||6||7||6|
|Number of funds in category||42||42||42||42||42||42||42||36||35||34||31|
As on 25-Sep-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Axis Liquid Fund | Invest Online||Oct-09||4.92||6.42||6.78||0.22||28,818|
|ICICI Prudential Liquid Fund | Invest Now||Nov-05||4.91||6.37||6.75||0.32||54,052|
|Aditya Birla Sun Life Liquid Fund | Invest Online||Mar-04||4.93||6.43||6.79||0.31||39,810|
|UTI Liquid Cash Fund - Regular Plan | Invest Online||Dec-03||4.81||6.37||6.74||0.24||27,459|
|Nippon India Liquid Fund | Invest Online||Dec-03||4.92||6.43||6.79||0.30||26,900|
|Best (Period)||Worst (Period)|
|Week||0.49 (24-Mar-2020 - 31-Mar-2020)||-0.15 (17-Mar-2020 - 24-Mar-2020)|
|Month||0.92 (22-Mar-2012 - 23-Apr-2012)||0.19 (23-Feb-2020 - 24-Mar-2020)|
|Quarter||2.62 (24-Jul-2013 - 23-Oct-2013)||0.80 (25-Jun-2020 - 24-Sep-2020)|
|Year||9.89 (12-Aug-2011 - 13-Aug-2012)||4.80 (11-Oct-2009 - 11-Oct-2010)|
|CCIL T Bill Liquidity Weight||3.97||0.31||-3.79||-6.90||--||--|
|Rank within category||6||16||8||7||30||3|
|Number of funds in category||36||36||36||35||36||36|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Aug-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||83||140||72||42|
|Modified Duration (yrs)||0.10||0.16||0.08||0.08|
|Average Maturity (yrs)||0.11||0.17||0.09||0.08|
|Yield to Maturity (%)||3.32||5.69||3.32||3.31|
|Avg Credit Rating||AAA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Reserve Bank of India 182-D 15/10/2020||Treasury Bills||SOV||0.00 - 7.60||7.60|
|Reserve Bank of India 182-D 24/09/2020||Treasury Bills||SOV||0.00 - 5.19||5.19|
|Reserve Bank of India 91-D 29/10/2020||Treasury Bills||SOV||0.00 - 4.99||4.99|
|Reserve Bank of India 91-D 05/11/2020||Treasury Bills||SOV||0.00 - 4.09||4.09|
|Reserve Bank of India 91-D 10/09/2020||Treasury Bills||SOV||0.00 - 3.99||3.99|
|Reserve Bank of India 91-D 08/10/2020||Treasury Bills||SOV||0.00 - 3.46||3.46|
|Reserve Bank of India 91-D 24/09/2020||Treasury Bills||SOV||0.00 - 3.67||3.46|
|Reserve Bank of India 91-D 26/11/2020||Treasury Bills||SOV||0.00 - 3.44||3.44|
|National Housing Bank 90-D 28/09/2020||Commercial Paper||A1+||0.00 - 2.75||2.60|
|Reserve Bank of India 91-D 22/10/2020||Treasury Bills||SOV||0.00 - 2.54||2.54|
|Reserve Bank of India 182-D 12/11/2020||Treasury Bills||SOV||0.00 - 1.81||1.81|
|Reserve Bank of India 91-D 12/11/2020||Treasury Bills||SOV||0.00 - 1.79||1.79|
|Reliance Jio Infocomm 91-D 23/09/2020||Commercial Paper||A1+||0.00 - 1.83||1.73|
|Reliance Jio Infocomm 91-D 21/09/2020||Commercial Paper||A1+||0.00 - 1.84||1.73|
|Chennai Petroleum Corp. 54-D 30/09/2020||Commercial Paper||A1+||0.00 - 1.73||1.73|
|Reserve Bank of India 91-D 15/10/2020||Treasury Bills||SOV||0.00 - 1.73||1.73|
|Ultratech Cement 90-D 24/09/2020||Commercial Paper||A1+||0.00 - 1.56||1.47|
|Indian Oil Corp. 49-D 30/09/2020||Commercial Paper||A1+||0.00 - 1.38||1.38|
|Reliance Industries 91-D 28/10/2020||Commercial Paper||A1+||0.00 - 1.38||1.38|
|Reserve Bank of India 364-D 24/09/2020||Treasury Bills||SOV||0.00 - 1.40||1.32|
|Reserve Bank of India 182-D 19/11/2020||Treasury Bills||SOV||0.00 - 1.21||1.21|
|Reliance Industries 91-D 03/11/2020||Commercial Paper||A1+||0.00 - 1.21||1.21|
|Export-Import Bank 91-D 13/10/2020||Certificate of Deposit||A1+||0.00 - 1.21||1.21|
|Reliance Jio Infocomm 91-D 16/10/2020||Commercial Paper||A1+||0.00 - 1.21||1.21|
|Reserve Bank of India 91-D 03/09/2020||Treasury Bills||SOV||0.00 - 1.08||1.08|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Aug-2020
Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
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The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||1|
|Exit Load||Exit load of 0.0070% if redeemed within 1 day
0.0065% if redeemed within 2 days
0.0060% if redeemed within 3 days
0.0055% if redeemed within 4 days
0.0050% if redeemed within 5 days
0.0045% if redeemed within 6 days.
|Fund House:||Axis Mutual Fund|
|Return Since Launch:||7.61%|
|Benchmark:||NIFTY Liquid Fund TRI|
|Assets:||₹ 28,818 Cr (As on 31-Aug-2020)|
|Expense:||0.22% (As on 31-Aug-2020)|
|Return Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]