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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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(₹)
cal
cal

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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 1.07 0.01 0.05 0.25 0.79 1.53 3.37 5.64 6.18 6.84 7.60
CCIL T Bill Liquidity Weight 0.63 0.01 0.03 0.14 0.48 0.96 2.23 3.61 3.86 4.31 4.65
Debt: Liquid 1.06 0.01 0.06 0.25 0.77 1.52 3.27 5.36 5.94 6.65 7.44
Rank within category 16 23 30 20 13 14 12 8 4 5 7
Number of funds in category 39 40 40 39 39 39 39 35 34 34 30

As on 05-May-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 3.37 5.64 6.18 0.25 21,568
ICICI Prudential Liquid Fund  | Invest Now
4 star
 Nov-05 3.40 5.60 6.14 0.32 37,777
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
 Mar-04 3.45 5.65 6.17 0.33 27,433
Nippon India Liquid Fund  | Invest Online
4 star
 Dec-03 3.38 5.65 6.17 0.32 23,219
Tata Liquid Fund - Regular Plan  | Invest Online
4 star
 Sep-04 3.34 5.62 6.15 0.33 13,109

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 3.38 26-Apr-2020 - 26-Apr-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.52 0.51 2.23 3.88 1.07 2.02
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Liquid 5.24 0.66 1.82 3.48 1.03 1.70
Rank within category 8 20 8 16 30 7
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 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 79 92 72 39
Modified Duration (yrs) 0.13 0.15 0.07 --
Average Maturity (yrs) 0.13 0.15 0.07 --
Yield to Maturity (%) 3.38 4.63 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
new Reserve Bank of India 364-D 27/05/2021 Treasury Bills SOV 0.00 - 5.65 5.65
up Reserve Bank of India 91-D 27/05/2021 Treasury Bills SOV 0.00 - 4.84 4.84
new Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 3.48 3.48
new Reserve Bank of India 13/05/2021 Treasury Bills SOV 0.00 - 3.07 3.07
equal Reliance Retail Ventures 89-D 05/05/2021 Commercial Paper A1+ 0.00 - 3.00 3.00
up Reserve Bank of India 364-D 13/05/2021 Treasury Bills SOV 0.00 - 2.59 2.59
new Reliance Industries 80-D 27/05/2021 Commercial Paper A1+ 0.00 - 2.31 2.31
equal National Bank Agr. Rur. Devp 87-D 30/04/2021 Commercial Paper A1+ 0.00 - 2.31 2.31
equal Reliance Industries 90-D 22/04/2021 Commercial Paper A1+ 0.00 - 2.31 2.31
equal ONGC 83-D 11/05/2021 Commercial Paper A1+ 0.00 - 2.31 2.31
new Reliance Jio Infocomm 87-D 04/06/2021 Commercial Paper A1+ 0.00 - 2.30 2.30
new Ultratech Cement 91-D 31/05/2021 Commercial Paper A1+ 0.00 - 1.96 1.96
equal NTPC 88-D 30/04/2021 Commercial Paper A1+ 0.00 - 1.85 1.85
new Reserve Bank of India 91-D 11/06/2021 Treasury Bills SOV 0.00 - 1.73 1.73
equal Ultratech Cement 91-D 17/05/2021 Commercial Paper A1+ 0.00 - 1.62 1.62
equal Indian Oil Corp. 69-D 15/04/2021 Commercial Paper A1+ 0.00 - 1.62 1.62
new Reserve Bank of India 91-D 30/06/2021 Treasury Bills SOV 0.00 - 1.61 1.61
equal Federal Bank 15/04/2021 Certificate of Deposit A1+ 0.00 - 1.39 1.39
new BPCL 52-D 26/04/2021 Commercial Paper A1+ 0.00 - 1.39 1.39
new Reserve Bank of India 364-D 17/06/2021 Treasury Bills SOV 0.00 - 1.38 1.38
new Indusind Bank 2021 Certificate of Deposit A1+ 0.00 - 1.38 1.38
new Kotak Securities 91-D 14/06/2021 Commercial Paper A1+ 0.00 - 1.38 1.38
new IDFC First Bank 18/06/2021 Certificate of Deposit A1+ 0.00 - 1.38 1.38
equal Jamnagar Utilities and Power 91-D 24/05/2021 Commercial Paper A1+ 0.00 - 1.38 1.38
new Reserve Bank of India 91-D 17/06/2021 Treasury Bills SOV 0.00 - 1.38 1.38

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-Mar-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 05-May-2021

Growth: ₹ 2,279.4952

IDCW Weekly: ₹ 1,002.2360

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IDCW Monthly: ₹ 1,001.9787

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: 7.38%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 21,568 Cr (As on 31-Mar-2021)
Expense: 0.25% (As on 31-Mar-2021)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily04-May-20210.0778

 03-May-20210.0862
 02-May-20210.0844
 01-May-20210.0844
 30-Apr-20210.0593
 29-Apr-20210.0780
 28-Apr-20210.0862
 27-Apr-20210.0773
 26-Apr-20210.1045
 25-Apr-20210.0837
 24-Apr-20210.0835
 23-Apr-20210.0861
 22-Apr-20210.0947
 21-Apr-20210.0847
 20-Apr-20210.0986
 19-Apr-20210.0931
 18-Apr-20210.0847
 17-Apr-20210.0845
 16-Apr-20210.0863
 15-Apr-20210.0805
 14-Apr-20210.0851
 13-Apr-20210.0852
 12-Apr-20210.0838
 11-Apr-20210.0833
 10-Apr-20210.0834
IDCW Weekly03-May-20210.5566

 26-Apr-20210.6368
 19-Apr-20210.6002
 12-Apr-20210.5687
 05-Apr-20210.5749
 30-Mar-20210.8357
 22-Mar-20210.7025
 15-Mar-20210.6006
 08-Mar-20210.4874
 01-Mar-20210.5556
 22-Feb-20210.6840
 15-Feb-20210.6300
 08-Feb-20210.6226
 01-Feb-20210.6522
 25-Jan-20210.5853
 18-Jan-20210.5618
 11-Jan-20210.3467
 04-Jan-20210.6614
 28-Dec-20200.5931
 21-Dec-20200.5308
 14-Dec-20200.5369
 07-Dec-20200.3903
 01-Dec-20200.5974
 23-Nov-20200.5374
 17-Nov-20200.7106
IDCW Monthly26-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
 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

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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