VR Logo

4 star

Axis Liquid Fund download report


Debt: Liquid

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Axis Liquid-G 1.34 0.01 0.08 0.26 0.87 1.76 3.44 4.23 5.41 6.03 6.95
CCIL T Bill Liquidity Weight 0.55 0.02 0.03 -0.02 0.25 0.81 1.89 2.76 3.34 3.74 4.28
Debt: Liquid 1.31 0.01 0.08 0.26 0.85 1.71 3.33 4.02 5.24 5.87 6.82
Rank within category 6 10 15 17 10 7 7 6 5 6 7
Number of funds in category 40 40 40 40 40 40 40 39 33 32 31

As on 19-May-2022

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 3.44 4.23 5.41 0.23% 28,934
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.43 4.19 5.38 0.24% 30,885
Baroda BNP Paribas Liquid Fund
4 star
Feb-09 3.47 4.19 5.38 0.26% 6,968
Mirae Asset Cash Management Fund  | Invest Online
4 star
Jan-09 3.43 4.19 5.36 0.27% 3,378
JM Liquid Fund
4 star
Dec-97 3.45 4.11 5.34 0.25% 2,464

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
Axis Liquid-G 4.22 0.40 1.75 9.09 0.98 1.35
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Liquid 4.02 0.37 1.27 6.61 0.86 1.07
Rank within category 6 30 6 10 35 7
Number of funds in category 39 39 39 39 39 39

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 82 95 62 47
Modified Duration (yrs) 0.10 0.13 0.07 0.10
Average Maturity (yrs) 0.10 0.14 0.07 0.10
Yield to Maturity (%) 4.06 4.06 3.28 4.03
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 4.92 4.92
equal Reliance Retail Ventures 91-D 10/06/2022 Commercial Paper A1+ 0.00 - 4.26 3.78
up Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 3.53 3.53
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 3.87 3.44
new Reserve Bank of India 91-D 07/07/2022 Treasury Bills SOV 0.00 - 3.43 3.43
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 3.68 3.27
new HDFC Bank 29/06/2022 Certificate of Deposit A1+ 0.00 - 2.75 2.75
equal Reserve Bank of India 91-D 23/06/2022 Treasury Bills SOV 0.00 - 3.10 2.75
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 2.92 2.59
new SIDBI 48-D 06/06/2022 Commercial Paper A1+ 0.00 - 2.58 2.58
new HDFC 354-D 10/06/2022 Commercial Paper A1+ 0.00 - 2.58 2.58
new Reserve Bank of India 91-D 21/07/2022 Treasury Bills SOV 0.00 - 2.40 2.40
new Reserve Bank of India 91-D 13/07/2022 Treasury Bills SOV 0.00 - 2.33 2.33
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 2.33 2.07
new National Bank Agr. Rur. Devp 88-D 15/07/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
new HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 1.88 1.88
equal Aditya Birla Finance 85-D 10/05/2022 Commercial Paper A1+ 0.00 - 1.94 1.73
new Tata Steel 91-D 28/06/2022 Commercial Paper A1+ 0.00 - 1.72 1.72
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 1.74 1.55
equal Ultratech Cement 91-D 19/05/2022 Commercial Paper A1+ 0.00 - 1.65 1.47
new ICICI Securities 75-D 11/07/2022 Commercial Paper A1+ 0.00 - 1.37 1.37
equal HDFC 91-D 23/06/2022 Commercial Paper A1+ 0.00 - 1.35 1.20
equal Canara Bank 23/06/2022 Certificate of Deposit A1+ 0.00 - 1.35 1.20
equal Birla Group Holdings 91-D 16/06/2022 Commercial Paper A1+ 0.00 - 1.35 1.20
equal National Bank Agr. Rur. Devp 90-D 06/06/2022 Commercial Paper A1+ 0.00 - 1.36 1.20

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 30-Apr-2022

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 19-May-2022

Growth: ₹ 2,360.7028

IDCW Weekly: ₹ 1,002.3373

More

IDCW Monthly: ₹ 1,003.3259

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

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) 500
Min. 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: 7.05%
Benchmark: NIFTY Liquid Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 28,934 Cr (As on 30-Apr-2022)
Expense: 0.23% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily19-May-20220.1261

 18-May-20220.1197
 17-May-20220.1434
 16-May-20220.1196
 15-May-20220.1195
 14-May-20220.1195
 13-May-20220.0870
 12-May-20220.1266
 11-May-20220.1107
 10-May-20220.1049
 09-May-20220.0802
 08-May-20220.0498
 03-May-20220.1057
 02-May-20220.1281
 01-May-20220.1047
 30-Apr-20220.1047
 29-Apr-20220.0539
 28-Apr-20220.0839
 27-Apr-20220.0951
 26-Apr-20220.0627
 25-Apr-20220.0952
 24-Apr-20220.0997
 23-Apr-20220.0999
 22-Apr-20220.0568
 21-Apr-20220.1108
IDCW Weekly17-May-20220.9324

 09-May-20220.2360
 02-May-20220.6341
 25-Apr-20220.7224
 18-Apr-20220.6930
 11-Apr-20220.6118
 04-Apr-20220.9096
 28-Mar-20220.6866
 21-Mar-20220.7484
 14-Mar-20220.7085
 07-Mar-20220.6355
 28-Feb-20220.6601
 21-Feb-20220.7047
 14-Feb-20220.6869
 08-Feb-20220.7243
 31-Jan-20220.6444
 24-Jan-20220.5651
 17-Jan-20220.6769
 10-Jan-20220.6705
 03-Jan-20220.7157
 27-Dec-20210.6785
 20-Dec-20210.6370
 13-Dec-20210.6615
 06-Dec-20210.6440
 29-Nov-20210.6874
IDCW Monthly25-Apr-20223.2415

 25-Mar-20222.7564
 25-Feb-20223.0521
 25-Jan-20222.7182
 27-Dec-20212.9853
 25-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

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

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

How to lock your profits?

DateFriday, 27-May-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot