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Unrated

Axis Liquid Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.04 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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(₹)
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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 3.30 0.01 0.06 0.25 0.70 1.60 4.26 5.80 6.16 6.78 7.36
CCIL T Bill Liquidity Weight 2.70 0.02 0.06 0.24 0.60 1.32 3.29 3.94 4.14 4.58 4.77
Debt: Liquid 3.37 0.01 0.06 0.28 0.81 1.74 4.37 6.00 6.42 7.11 7.68

As on 21-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Liquid Fund - Retail Plan
Unrated
Mar-10 4.26 5.80 6.16 0.74 24,817
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 4.72 6.30 6.68 0.32 44,170
Aditya Birla Sun Life Liquid Fund  | Invest Online
5 star
Mar-04 4.74 6.35 6.73 0.31 32,611
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 4.71 6.35 6.72 0.30 24,930
Axis Liquid Fund
4 star
Oct-09 4.73 6.34 6.72 0.25 24,817

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.64 (24-Mar-2020 - 31-Mar-2020) -0.16 (17-Mar-2020 - 24-Mar-2020)
Month 0.99 (24-Mar-2020 - 23-Apr-2020) 0.15 (23-Feb-2020 - 24-Mar-2020)
Quarter 2.49 (24-Jul-2013 - 23-Oct-2013) 0.67 (25-Jun-2020 - 24-Sep-2020)
Year 9.42 (12-Aug-2011 - 13-Aug-2012) 4.27 (17-Oct-2019 - 16-Oct-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.72 0.42 1.54 2.03 0.90 1.69
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Liquid 5.91 0.56 2.34 3.12 0.78 1.75

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 73 140 72 36
Modified Duration (yrs) 0.12 0.16 0.08 0.10
Average Maturity (yrs) 0.12 0.17 0.09 0.09
Yield to Maturity (%) 3.36 5.44 3.32 3.38
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 National Bank Agr. Rur. Devp 87-D 24/12/2020 Commercial Paper A1+ 0.00 - 8.00 8.00
down Reserve Bank of India 182-D 15/10/2020 Treasury Bills SOV 0.00 - 7.60 6.54
new Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 6.01 6.01
down Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 5.41 5.41
new Reserve Bank of India 91-D 03/12/2020 Treasury Bills SOV 0.00 - 5.21 5.21
equal Reserve Bank of India 91-D 05/11/2020 Treasury Bills SOV 0.00 - 4.76 4.76
up Reserve Bank of India 91-D 26/11/2020 Treasury Bills SOV 0.00 - 4.13 4.13
new Reserve Bank of India 91-D 01/10/2020 Treasury Bills SOV 0.00 - 4.03 4.03
new HDFC 37-D 28/10/2020 Commercial Paper A1+ 0.00 - 4.02 4.02
new Reserve Bank of India 91-D 10/12/2020 Treasury Bills SOV 0.00 - 3.00 3.00
equal Reserve Bank of India 91-D 22/10/2020 Treasury Bills SOV 0.00 - 2.96 2.96
up Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 2.35 2.35
equal Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 2.11 2.11
equal Reserve Bank of India 91-D 12/11/2020 Treasury Bills SOV 0.00 - 2.09 2.09
equal Reserve Bank of India 91-D 15/10/2020 Treasury Bills SOV 0.00 - 2.01 2.01
new Godrej & Boyce Mfg. Co. 90-D 24/12/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
new Reliance Retail Ventures 91-D 07/12/2020 Commercial Paper A1+ 0.00 - 2.00 2.00
new National Fertilizers 90-D 16/12/2020 Commercial Paper A1+ 0.00 - 1.80 1.80
equal Reliance Industries 91-D 28/10/2020 Commercial Paper A1+ 0.00 - 1.61 1.61
equal Export-Import Bank 91-D 13/10/2020 Certificate of Deposit A1+ 0.00 - 1.41 1.41
equal Reliance Jio Infocomm 91-D 16/10/2020 Commercial Paper A1+ 0.00 - 1.41 1.41
equal Reliance Industries 91-D 03/11/2020 Commercial Paper A1+ 0.00 - 1.41 1.41
equal Hero FinCorp 70-D 22/10/2020 Commercial Paper A1+ 0.00 - 1.01 1.01
equal Ultratech Cement 88-D 20/11/2020 Commercial Paper A1+ 0.00 - 1.00 1.00
equal Larsen & Toubro 91-D 11/11/2020 Commercial Paper A1+ 0.00 - 1.00 1.00

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-Sep-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:


0.01%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 2,101.9685

Dividend Weekly: ₹ 1,000.8542

More

Dividend Monthly: ₹ 1,002.8992

Dividend Daily: ₹ 1,000.9559


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 (₹) --
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: 02-Mar-2010
Return Since Launch: 7.23%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 24,817 Cr (As on 30-Sep-2020)
Expense: 0.74% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily21-Oct-20200.0848

 20-Oct-20200.0867
 19-Oct-20200.0910
 18-Oct-20200.0704
 17-Oct-20200.0704
 16-Oct-20200.0880
 15-Oct-20200.0906
 14-Oct-20200.0898
 13-Oct-20200.0924
 12-Oct-20200.0689
 11-Oct-20200.0729
 10-Oct-20200.0730
 09-Oct-20200.0829
 08-Oct-20200.0739
 07-Oct-20200.0825
 06-Oct-20200.0823
 05-Oct-20200.0729
 04-Oct-20200.0743
 03-Oct-20200.0743
 02-Oct-20200.0742
 01-Oct-20200.0658
 30-Sep-20200.1667
 29-Sep-20200.0974
 28-Sep-20200.0881
 27-Sep-20200.0833
Dividend Weekly19-Oct-20200.5932

 12-Oct-20200.5367
 05-Oct-20200.6259
 28-Sep-20200.5592
 21-Sep-20200.5154
 14-Sep-20200.4079
 07-Sep-20200.5150
 31-Aug-20200.4750
 24-Aug-20200.5524
 17-Aug-20200.5995
 10-Aug-20200.5471
 03-Aug-20200.4843
 27-Jul-20200.5073
 20-Jul-20200.4761
 13-Jul-20200.5471
 06-Jul-20200.5432
 29-Jun-20200.6067
 22-Jun-20200.6686
 15-Jun-20200.7404
 08-Jun-20200.4611
 01-Jun-20200.3922
 26-May-20201.0128
 18-May-20201.0885
 11-May-20200.9582
 04-May-20200.4883
Dividend Monthly25-Sep-20202.2313

 25-Aug-20202.2296
 27-Jul-20202.3831
 25-Jun-20202.5982
 26-May-20203.5604
 27-Apr-20207.5335
 26-Mar-20201.3916
 25-Feb-20202.7199
 27-Jan-20202.8859
 26-Dec-20192.8984
 25-Nov-20192.9325
 25-Oct-20193.2627
 25-Sep-20192.9134
 26-Aug-20193.5279
 25-Jul-20193.7555
 25-Jun-20193.6263
 27-May-20194.1999
 25-Apr-20194.5201
 25-Mar-20193.6505
 25-Feb-20193.9907
 25-Jan-20194.0098
 26-Dec-20184.0715
 26-Nov-20184.3700
 25-Oct-20184.1341
 25-Sep-20183.6321

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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