Axis Liquid Fund - Retail Plan

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Low to Moderate

₹2,502.6700 0.02%

As on 15-Jul-2024

Returns

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Calculate SIP Returns of Axis Liquid Fund - Retail Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low to Moderate risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Axis Liquid Fund - Retail Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Axis Liquid Fund - Retail Plan

Assets info

₹23,260 Cr

Exit Load (Days) info

0.01 (1)

Min. Investment (₹)

500

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

--

Min. No of Cheques

--

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.

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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for Axis Liquid Fund - Retail Plan

Axis Liquid Fund - Retail Plan is mandated to invest in bonds having a maturity of up to three months.

Mutual funds can be bought directly from the website of the fund house. For instance, Axis Liquid Fund - Retail Plan fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Axis Liquid Fund - Retail Plan is ₹2,502.6700 as of 16-Jul-2024.

The AUM of Axis Liquid Fund - Retail Plan Fund is ₹23,260 Cr as of 30-Jun-2024

The riskometer level of Axis Liquid Fund - Retail Plan is Low to Moderate. See More

Company Percentage of Portfolio

Export-Import Bank Of India CD 91-D 12/09/2024

6.25

Reserve Bank of India T-Bills 91-D 08/08/2024

4.55

Reserve Bank of India T-Bills 91-D 25/07/2024

4.45

National Bank For Agriculture & Rural Development CP 90-D 14/08/2024

4.26

Small Industries Devp. Bank of India Ltd CP 91-D 11/09/2024

4.24
See More

As of 30-Jun-2024, Axis Liquid Fund - Retail Plan had invested 122.39% in Debt and -22.39% in Cash & Cash Eq. See More

Axis Liquid Fund - Retail Plan is 14 years 4 months old. It has delivered 6.59% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
6.80%
5.31%
4.72%
5.27%
5.89%
6.59%

No, There is no lock in period in Axis Liquid Fund - Retail Plan.

The expense ratio of Axis Liquid Fund - Retail Plan is 0.73.

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