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Unrated

Axis Liquid Fund - Retail Plan


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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(₹)
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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 2.18 0.01 0.05 0.21 0.68 1.36 2.67 4.48 5.24 5.92 6.79
CCIL T Bill Liquidity Weight 1.64 0.03 0.00 0.11 0.53 1.08 2.06 3.34 3.61 4.04 4.52
Debt: Liquid 2.53 0.01 0.06 0.25 0.78 1.57 3.11 4.78 5.56 6.27 7.16

As on 22-Oct-2021

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 2.67 4.48 5.24 0.74% 24,318
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.15 4.96 5.74 0.32% 34,592
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.16 5.01 5.77 0.32% 28,554
Axis Liquid Fund
4 star
Oct-09 3.19 4.99 5.78 0.26% 24,318
Nippon India Liquid Fund  | Invest Online
4 star
Dec-03 3.12 4.99 5.77 0.32% 21,655

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.60 23-Oct-2020 - 22-Jan-2021
Year 9.42 12-Aug-2011 - 13-Aug-2012 2.67 22-Oct-2020 - 22-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.48 0.55 0.98 7.72 1.19 1.26
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Liquid 4.76 0.49 1.63 6.49 1.02 1.44

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 62 89 62 34
Modified Duration (yrs) 0.09 0.13 0.07 0.09
Average Maturity (yrs) 0.09 0.14 0.07 0.09
Yield to Maturity (%) 3.48 3.50 2.94 3.47
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
down National Bank Agr. Rur. Devp 60-D 25/10/2021 Commercial Paper A1+ 0.00 - 7.80 7.80
new Indian Oil Corporation 42-D 18/10/2021 Commercial Paper A1+ 0.00 - 5.13 5.13
new Reserve Bank of India 91-D 16/12/2021 Treasury Bills SOV 0.00 - 4.08 4.08
up Reserve Bank of India 91-D 04/11/2021 Treasury Bills SOV 0.00 - 3.89 3.89
equal Reliance Industries Corporate Bond Repo -- 0.00 - 3.80 3.77
new 8.79% GOI 2021 Central Government Loan SOV 0.00 - 3.74 3.74
equal Reserve Bank of India 91-D 28/10/2021 Treasury Bills SOV 0.00 - 3.08 3.08
new ICICI Bank 2021 Bills Rediscounting -- 0.00 - 3.08 3.08
new Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 2.85 2.85
equal Reliance Retail Ventures 91-D 08/11/2021 Commercial Paper A1+ 0.00 - 2.36 2.36
new Tata Steel 58-D 03/11/2021 Commercial Paper A1+ 0.00 - 2.05 2.05
equal Reliance Industries 91-D 17/11/2021 Commercial Paper A1+ 0.00 - 2.05 2.05
new Bharti Airtel 45-D 01/11/2021 Commercial Paper A1+ 0.00 - 2.05 2.05
new Reserve Bank of India 91-D 23/12/2021 Treasury Bills SOV 0.00 - 2.04 2.04
equal HDFC 61-D 18/10/2021 Commercial Paper A1+ 0.00 - 1.85 1.85
up Chennai Petroleum Corporation 79-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.84 1.84
equal Ultratech Cement 90-D 18/11/2021 Commercial Paper A1+ 0.00 - 1.74 1.74
equal ICICI Securities 89-D 10/11/2021 Commercial Paper A1+ 0.00 - 1.64 1.64
equal Reliance Industries 82-D 03/11/2021 Commercial Paper A1+ 0.00 - 1.43 1.43
new Chennai Petroleum Corporation 91-D 03/12/2021 Commercial Paper A1+ 0.00 - 1.23 1.23
equal Reserve Bank of India 364-D 18/11/2021 Treasury Bills SOV 0.00 - 1.23 1.23
new Kotak Securities 76-D 22/11/2021 Commercial Paper A1+ 0.00 - 1.23 1.23
equal Bharti Enterprises 91-D 30/11/2021 Commercial Paper A1+ 0.00 - 1.12 1.12
new Kotak Mahindra Investments 31-D 29/10/2021 Commercial Paper A1+ 0.00 - 1.11 1.11
new Reserve Bank of India 91-D 02/12/2021 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 30-Sep-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 22-Oct-2021

Growth: ₹ 2,158.2502

IDCW Weekly: ₹ 1,000.9425

More

IDCW Monthly: ₹ 1,002.5090

IDCW 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 (₹) --
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: 02-Mar-2010
Return Since Launch: 6.83%
Benchmark: NIFTY Liquid Fund Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 24,318 Cr (As on 30-Sep-2021)
Expense: 0.74% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily22-Oct-20210.0652

 21-Oct-20210.0657
 20-Oct-20210.0543
 19-Oct-20210.0748
 18-Oct-20210.0144
 17-Oct-20210.0706
 16-Oct-20210.0707
 15-Oct-20210.0707
 14-Oct-20210.0585
 13-Oct-20210.0817
 12-Oct-20210.0774
 11-Oct-20210.1037
 10-Oct-20210.0710
 09-Oct-20210.0710
 08-Oct-20210.1012
 07-Oct-20210.0781
 06-Oct-20210.0727
 05-Oct-20210.0676
 04-Oct-20210.0859
 03-Oct-20210.0745
 02-Oct-20210.0744
 01-Oct-20210.1080
 30-Sep-20210.0835
 29-Sep-20210.0411
 28-Sep-20210.0323
IDCW Weekly18-Oct-20210.4433

 11-Oct-20210.5648
 04-Oct-20210.4988
 27-Sep-20210.4577
 20-Sep-20210.4741
 13-Sep-20210.4713
 06-Sep-20210.5005
 30-Aug-20210.5414
 23-Aug-20210.4705
 17-Aug-20210.6807
 09-Aug-20210.5384
 02-Aug-20210.5316
 26-Jul-20210.5803
 19-Jul-20210.5601
 12-Jul-20210.5420
 05-Jul-20210.5231
 28-Jun-20210.5734
 21-Jun-20210.5049
 14-Jun-20210.5396
 07-Jun-20210.5279
 31-May-20210.5340
 24-May-20210.4995
 17-May-20210.5046
 10-May-20210.4535
 03-May-20210.4602
IDCW Monthly27-Sep-20212.3422

 25-Aug-20212.4439
 26-Jul-20212.4981
 25-Jun-20212.4097
 25-May-20212.0354
 26-Apr-20212.4648
 25-Mar-20212.0370
 25-Feb-20212.5273
 25-Jan-20211.8086
 28-Dec-20202.0537
 25-Nov-20202.2288
 26-Oct-20202.5557
 25-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

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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