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4 star

Axis Liquid Fund

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Debt: Liquid

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1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 2.94 0.01 0.08 0.31 0.81 1.67 3.22 4.85 5.72 6.39 7.27
CCIL T Bill Liquidity Weight 1.84 0.03 0.05 0.20 0.47 1.08 2.01 3.25 3.53 4.01 4.49
Debt: Liquid 2.86 0.01 0.07 0.30 0.79 1.61 3.14 4.65 5.50 6.20 7.11
Rank within category 11 24 7 7 8 6 12 6 5 6 7
Number of funds in category 41 42 42 42 42 42 41 38 35 34 33

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Liquid Fund
4 star
 Oct-09 3.22 4.85 5.72 0.26% 22,877
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 3.16 4.82 5.67 0.32% 35,561
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
 Mar-04 3.19 4.87 5.71 0.32% 29,710
Nippon India Liquid Fund  | Invest Online
4 star
 Dec-03 3.16 4.85 5.70 0.32% 20,961
Tata Liquid Fund - Regular Plan  | Invest Online
4 star
 Sep-04 3.15 4.82 5.69 0.33% 8,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.72 23-Oct-2020 - 22-Jan-2021
Year 9.89 12-Aug-2011 - 13-Aug-2012 3.18 28-Oct-2020 - 28-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.84 0.51 1.94 14.77 1.09 1.65
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Liquid 4.64 0.48 1.58 8.45 0.99 1.38
Rank within category 6 31 7 4 35 7
Number of funds in category 38 38 38 38 38 38

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 72 89 62 35
Modified Duration (yrs) 0.07 0.13 0.07 --
Average Maturity (yrs) 0.07 0.14 0.07 --
Yield to Maturity (%) 3.61 3.61 2.94 --
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
equal Reserve Bank of India 91-D 16/12/2021 Treasury Bills SOV 0.00 - 4.35 4.35
equal Reserve Bank of India 91-D 04/11/2021 Treasury Bills SOV 0.00 - 4.15 4.15
new Indian Oil Corporation 35-D 22/11/2021 Commercial Paper A1+ 0.00 - 3.82 3.82
up Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 3.48 3.48
up Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 3.43 3.43
equal Reliance Industries Corporate Bond Repo AAA 0.00 - 4.63 3.17
new Reliance Retail Ventures 91-D 28/01/2022 Commercial Paper A1+ 0.00 - 2.81 2.81
up Reliance Jio Infocomm 91-D 10/11/2021 Commercial Paper A1+ 0.00 - 2.51 2.51
equal Reliance Retail Ventures 91-D 08/11/2021 Commercial Paper A1+ 0.00 - 2.51 2.51
equal Bharti Airtel 45-D 01/11/2021 Commercial Paper A1+ 0.00 - 2.19 2.19
equal Tata Steel 58-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.19 2.19
new Tata Steel 91-D 19/01/2022 Commercial Paper A1+ 0.00 - 2.17 2.17
equal Chennai Petroleum Corporation 79-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.96 1.96
down Reliance Industries 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 2.05 1.75
new Kotak Securities 78-D 07/01/2022 Commercial Paper A1+ 0.00 - 1.73 1.73
new Reserve Bank of India 182-D 12/11/2021 Treasury Bills SOV 0.00 - 1.68 1.68
new NTPC 91-D 31/12/2021 Commercial Paper A1+ 0.00 - 1.52 1.52
new Reliance Jio Infocomm 91-D 13/01/2022 Commercial Paper A1+ 0.00 - 1.52 1.52
down Ultratech Cement 90-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.74 1.42
equal Chennai Petroleum Corporation 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 1.31 1.31
equal Kotak Securities 76-D 22/11/2021 Commercial Paper A1+ 0.00 - 1.31 1.31
equal Reserve Bank of India 364-D 18/11/2021 Treasury Bills SOV 0.00 - 1.31 1.31
new Reserve Bank of India 364-D 04/11/2021 Treasury Bills SOV 0.00 - 1.31 1.31
new Larsen & Toubro 67-D 28/12/2021 Commercial Paper A1+ 0.00 - 1.30 1.30
equal Reliance Industries Corporate Bond Repo -- 0.00 - 3.80 1.29

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-Oct-2021

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.

Interviews:

Funds Managed:

0.01%

Change from previous, NAV as on 28-Nov-2021

Growth: ₹ 2,322.1027

IDCW Weekly: ₹ 1,002.6861

More

IDCW Monthly: ₹ 1,001.5483

IDCW 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
Lock-in Period Not Applicable
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: 7.18%
Benchmark: NIFTY Liquid Fund Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 22,877 Cr (As on 31-Oct-2021)
Expense: 0.26% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily26-Nov-20210.0878

 25-Nov-20210.1009
 24-Nov-20210.1213
 23-Nov-20210.1014
 22-Nov-20210.0642
 21-Nov-20210.0956
 20-Nov-20210.0956
 19-Nov-20210.0956
 18-Nov-20210.0890
 17-Nov-20210.1013
 16-Nov-20210.0934
 15-Nov-20210.0931
 14-Nov-20210.0890
 13-Nov-20210.0890
 12-Nov-20210.1234
 11-Nov-20210.0980
 10-Nov-20210.1064
 09-Nov-20210.1295
 08-Nov-20210.1833
 07-Nov-20210.1052
 06-Nov-20210.1052
 05-Nov-20210.1051
 04-Nov-20210.1052
 03-Nov-20210.1234
 02-Nov-20210.1047
IDCW Monthly25-Nov-20213.0846

 25-Oct-20212.3013
 27-Sep-20212.7397
 25-Aug-20212.8109
 26-Jul-20212.8800
 25-Jun-20212.7936
 25-May-20212.3892
 26-Apr-20212.8628
 25-Mar-20212.3788
 25-Feb-20212.9118
 25-Jan-20212.1552
 28-Dec-20202.4727
 25-Nov-20202.6005
 26-Oct-20202.9501
 25-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
IDCW Weekly22-Nov-20210.6354

 15-Nov-20210.7293
 08-Nov-20210.8331
 01-Nov-20210.5615
 25-Oct-20210.5009
 18-Oct-20210.5409
 11-Oct-20210.6625
 04-Oct-20210.5968
 27-Sep-20210.5554
 20-Sep-20210.5718
 13-Sep-20210.5690
 06-Sep-20210.5972
 30-Aug-20210.6379
 23-Aug-20210.5534
 17-Aug-20210.8009
 09-Aug-20210.6352
 02-Aug-20210.6284
 26-Jul-20210.6772
 19-Jul-20210.6571
 12-Jul-20210.6389
 05-Jul-20210.6201
 28-Jun-20210.6700
 21-Jun-20210.6017
 14-Jun-20210.6364
 07-Jun-20210.6242

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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