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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 2.52 0.01 0.06 0.27 0.68 1.41 2.72 4.33 5.17 5.83 6.72
CCIL T Bill Liquidity Weight 1.86 0.01 0.06 0.21 0.45 1.08 2.02 3.22 3.54 3.99 4.48
Debt: Liquid 2.93 0.01 0.06 0.29 0.79 1.62 3.18 4.68 5.48 6.18 7.09

As on 01-Dec-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 2.72 4.33 5.17 0.74% 22,877
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 3.17 4.81 5.66 0.32% 35,561
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 3.21 4.85 5.70 0.32% 29,710
UTI Liquid Cash Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.23 4.80 5.67 0.23% 25,609
Axis Liquid Fund
4 star
Oct-09 3.23 4.83 5.71 0.26% 22,877

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 2.66 28-Oct-2020 - 28-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.26 0.53 0.89 6.43 1.14 1.17
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Liquid 4.54 0.47 1.58 9.47 0.97 1.34

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

As on 30-Nov-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 01-Dec-2021

Growth: ₹ 2,165.3105

IDCW Weekly: ₹ 1,000.8460

More

IDCW Monthly: ₹ 1,001.1673

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: 6.79%
Benchmark: NIFTY Liquid Fund Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 22,877 Cr (As on 31-Oct-2021)
Expense: 0.74% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily30-Nov-20210.0855

 29-Nov-20210.0787
 28-Nov-20210.0776
 27-Nov-20210.0776
 26-Nov-20210.0741
 25-Nov-20210.0871
 24-Nov-20210.1076
 23-Nov-20210.0876
 22-Nov-20210.0505
 21-Nov-20210.0818
 20-Nov-20210.0818
 19-Nov-20210.0819
 18-Nov-20210.0753
 17-Nov-20210.0876
 16-Nov-20210.0796
 15-Nov-20210.0794
 14-Nov-20210.0752
 13-Nov-20210.0752
 12-Nov-20210.1097
 11-Nov-20210.0843
 10-Nov-20210.0926
 09-Nov-20210.1158
 08-Nov-20210.1695
 07-Nov-20210.0914
 06-Nov-20210.0914
IDCW Weekly29-Nov-20210.5895

 22-Nov-20210.5387
 15-Nov-20210.6321
 08-Nov-20210.7356
 01-Nov-20210.4640
 25-Oct-20210.4033
 18-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
IDCW Monthly25-Nov-20212.7066

 25-Oct-20211.9711
 27-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

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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