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4 star

Axis Liquid Fund

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Debt: Liquid

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1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

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:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.41 0.01 0.06 0.26 0.80 2.41 4.92 6.42 6.78 7.41 7.90
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
Debt: Liquid 3.12 0.01 0.06 0.26 0.79 2.14 4.54 6.07 6.48 7.18 7.70
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

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Liquid Fund  | Invest Online
4 star
 Oct-09 4.92 6.42 6.78 0.22 28,818
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 4.91 6.37 6.75 0.32 54,052
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
 Mar-04 4.93 6.43 6.79 0.31 39,810
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
 Dec-03 4.81 6.37 6.74 0.24 27,459
Nippon India Liquid Fund  | Invest Online
5 star
 Dec-03 4.92 6.43 6.79 0.30 26,900

Best & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.32 0.36 3.27 4.14 0.72 2.02
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Liquid 5.99 0.53 2.53 3.29 0.72 1.69
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

Portfolio Aggregates

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 -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 7.60 7.60
equal Reserve Bank of India 182-D 24/09/2020 Treasury Bills SOV 0.00 - 5.19 5.19
up Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 4.99 4.99
new Reserve Bank of India 91-D 05/11/2020 Treasury Bills SOV 0.00 - 4.09 4.09
up Reserve Bank of India 91-D 10/09/2020 Treasury Bills SOV 0.00 - 3.99 3.99
equal Reserve Bank of India 91-D 08/10/2020 Treasury Bills SOV 0.00 - 3.46 3.46
equal Reserve Bank of India 91-D 24/09/2020 Treasury Bills SOV 0.00 - 3.67 3.46
new Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 3.44 3.44
equal National Housing Bank 90-D 28/09/2020 Commercial Paper A1+ 0.00 - 2.75 2.60
up Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 2.54 2.54
new Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 1.81 1.81
new Reserve Bank of India 91-D 12/11/2020 Treasury Bills SOV 0.00 - 1.79 1.79
equal Reliance Jio Infocomm 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 1.83 1.73
equal Reliance Jio Infocomm 91-D 21/09/2020 Commercial Paper A1+ 0.00 - 1.84 1.73
new Chennai Petroleum Corp. 54-D 30/09/2020 Commercial Paper A1+ 0.00 - 1.73 1.73
equal Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 1.73 1.73
equal Ultratech Cement 90-D 24/09/2020 Commercial Paper A1+ 0.00 - 1.56 1.47
new Indian Oil Corp. 49-D 30/09/2020 Commercial Paper A1+ 0.00 - 1.38 1.38
equal Reliance Industries 91-D 28/10/2020 Commercial Paper A1+ 0.00 - 1.38 1.38
equal Reserve Bank of India 364-D 24/09/2020 Treasury Bills SOV 0.00 - 1.40 1.32
new Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 1.21 1.21
new Reliance Industries 91-D 03/11/2020 Commercial Paper A1+ 0.00 - 1.21 1.21
equal Export-Import Bank 91-D 13/10/2020 Certificate of Deposit A1+ 0.00 - 1.21 1.21
equal Reliance Jio Infocomm 91-D 16/10/2020 Commercial Paper A1+ 0.00 - 1.21 1.21
equal Reserve Bank of India 91-D 03/09/2020 Treasury Bills SOV 0.00 - 1.08 1.08

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— Aditya Pagaria since 13-Aug-2016

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.

Funds Managed:

— Devang Shah since 05-Nov-2012

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.

Funds Managed:

Invest Online
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Change from previous, NAV as on 27-Sep-2020

Growth: ₹ 2,237.0628

Dividend Weekly: ₹ 1,002.6450

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Dividend Monthly: ₹ 1,001.4716

Dividend Daily: ₹ 1,001.3998

Investment Strategy

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.

Investment Details

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.

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 09-Oct-2009
Return Since Launch: 7.61%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 28,818 Cr (As on 31-Aug-2020)
Expense: 0.22% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Sep-20200.0970

 26-Sep-20200.0967
 25-Sep-20200.0962
 24-Sep-20200.0928
 23-Sep-20200.0917
 22-Sep-20200.0786
 21-Sep-20200.0748
 20-Sep-20200.0891
 19-Sep-20200.0891
 18-Sep-20200.0853
 17-Sep-20200.0886
 16-Sep-20200.0887
 15-Sep-20200.0953
 14-Sep-20200.0957
 13-Sep-20200.0895
 12-Sep-20200.0895
 11-Sep-20200.0371
 10-Sep-20200.0826
 09-Sep-20200.0604
 08-Sep-20200.0488
 07-Sep-20200.0706
 06-Sep-20200.0822
 05-Sep-20200.0822
 04-Sep-20200.0830
 03-Sep-20200.0841
Dividend Monthly25-Sep-20202.6167

 25-Aug-20202.6157
 27-Jul-20202.8054
 25-Jun-20202.9869
 26-May-20203.9535
 27-Apr-20207.9689
 26-Mar-20201.7114
 25-Feb-20203.0100
 27-Jan-20203.2178
 26-Dec-20193.1575
 25-Nov-20193.2471
 25-Oct-20193.5346
 25-Sep-20193.1603
 26-Aug-20193.8613
 25-Jul-20193.0783
 02-Jul-20194.8406
 27-May-20194.5326
 25-Apr-20194.8120
 25-Mar-20193.9191
 25-Feb-20194.2571
 25-Jan-20194.3185
 26-Dec-20184.3913
 26-Nov-20184.7963
 25-Oct-20184.4770
 25-Sep-20183.9839
Dividend Weekly21-Sep-20200.6117

 14-Sep-20200.5044
 07-Sep-20200.6116
 31-Aug-20200.5720
 24-Aug-20200.6496
 17-Aug-20200.6970
 10-Aug-20200.6441
 03-Aug-20200.5813
 27-Jul-20200.6043
 20-Jul-20200.5733
 13-Jul-20200.6444
 06-Jul-20200.6401
 29-Jun-20200.7038
 22-Jun-20200.7660
 15-Jun-20200.8377
 08-Jun-20200.5580
 01-Jun-20200.4629
 26-May-20201.1242
 18-May-20201.1864
 11-May-20201.0557
 04-May-20200.5847
 27-Apr-20201.1192
 20-Apr-20201.2911
 13-Apr-20200.8119
 07-Apr-20201.3987

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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