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Unrated

Axis Liquid Fund - Retail Plan


Debt: Liquid

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Liquid funds invest in bonds having maturity of up to 3 months. They are suitable to park the amount that you have set aside to meet any emergency needs or any surplus money that you don't need for the next few months to an 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 are suitable only to invest for a short time frame of up to one year. Do not invest in this, or any other Liquid fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.50 0.01 0.05 0.27 1.00 2.37 5.07 6.11 6.43 7.04 7.45
CCIL T Bill Liquidity Weight 2.04 0.00 0.04 0.24 0.86 1.94 3.94 4.14 4.32 4.70 4.78
Debt: Liquid 2.47 0.01 0.06 0.30 1.02 2.34 5.18 6.33 6.69 7.37 7.76

As on 09-Jul-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 5.07 6.11 6.43 0.74 27,032
ICICI Prudential Liquid Fund  | Invest Now
4 star
Nov-05 5.53 6.61 6.95 0.32 57,566
Aditya Birla Sun Life Liquid Fund  | Invest Online
4 star
Mar-04 5.59 6.67 7.00 0.30 43,090
Nippon India Liquid Fund  | Invest Online
5 star
Dec-03 5.55 6.67 6.99 0.27 31,728
Axis Liquid Fund  | Invest Online
4 star
Oct-09 5.54 6.66 6.99 0.22 27,032

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) 0.82 (24-Dec-2019 - 24-Mar-2020)
Year 9.42 (12-Aug-2011 - 13-Aug-2012) 5.11 (04-Jul-2019 - 03-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.98 0.33 2.04 2.64 0.66 1.49
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Liquid 6.19 0.50 3.21 4.32 0.56 1.58

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 72 140 72 28
Modified Duration (yrs) 0.13 0.16 0.08 --
Average Maturity (yrs) 0.13 0.17 0.09 --
Yield to Maturity (%) 3.78 6.52 3.78 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 20.44 20.44
equal Reserve Bank of India 91-D 13/08/2020 Treasury Bills SOV 0.00 - 6.01 6.01
up Reserve Bank of India 91-D 27/08/2020 Treasury Bills SOV 0.00 - 4.95 4.95
up Reliance Industries 86-D 30/07/2020 Commercial Paper A1+ 0.00 - 4.61 4.61
new Reserve Bank of India 91-D 24/09/2020 Treasury Bills SOV 0.00 - 3.67 3.67
new Larsen & Toubro 90-D 27/08/2020 Commercial Paper A1+ 0.00 - 3.40 3.40
new National Housing Bank 90-D 28/09/2020 Commercial Paper A1+ 0.00 - 2.75 2.75
equal Reliance Jio Infocomm 91-D 24/07/2020 Commercial Paper A1+ 0.00 - 1.91 1.85
new Reliance Jio Infocomm 91-D 21/09/2020 Commercial Paper A1+ 0.00 - 1.84 1.84
equal Reserve Bank of India 364-D 14/08/2020 Treasury Bills SOV 0.00 - 1.84 1.84
equal Ultratech Cement 91-D 04/08/2020 Commercial Paper A1+ 0.00 - 1.84 1.84
new Reliance Jio Infocomm 91-D 23/09/2020 Commercial Paper A1+ 0.00 - 1.83 1.83
new Reserve Bank of India 182-D 23/07/2020 Treasury Bills SOV 0.00 - 1.66 1.66
new Ultratech Cement 90-D 24/09/2020 Commercial Paper A1+ 0.00 - 1.56 1.56
new Reserve Bank of India 364-D 24/09/2020 Treasury Bills SOV 0.00 - 1.40 1.40
equal Tata Motors Finance 87-D 24/08/2020 Commercial Paper A1+ 0.00 - 1.29 1.29
equal Reserve Bank of India 91-D 16/07/2020 Treasury Bills SOV 0.00 - 1.11 1.11
equal Tata Capital Financial Services 91-D 22/07/2020 Commercial Paper A1+ 0.00 - 1.14 1.11
equal Tata Capital Housing Finance 91-D 29/07/2020 Commercial Paper A1+ 0.00 - 1.14 1.11
new Cholamandalam Invest. & Fin. 56-D 31/07/2020 Commercial Paper A1+ 0.00 - 1.11 1.11
new Nabha Power 91-D 07/09/2020 Commercial Paper A1+ 0.00 - 1.10 1.10
equal Aditya Birla Housing Finance 88-D 14/08/2020 Commercial Paper A1+ 0.00 - 1.10 1.10
equal Ultratech Cement 90-D 24/08/2020 Commercial Paper A1+ 0.00 - 1.10 1.10
new SBI Cards & Payments Services 91-D 21/09/2020 Commercial Paper A1+ 0.00 - 1.10 1.10
equal Reliance Jio Infocomm 91-D 17/08/2020 Commercial Paper A1+ 0.00 - 1.10 1.10

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-Jun-2020

*As on 31-May-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 09-Jul-2020

Growth: ₹ 2,085.5301

Dividend Weekly: ₹ 1,000.9365

More

Dividend Monthly: ₹ 1,001.7785

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: 7.35%
Benchmark: NIFTY Liquid Fund TRI
Riskometer: Low
Type: Open-ended
Assets: ₹ 27,032 Cr (As on 30-Jun-2020)
Expense: 0.74% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Jul-20200.1063

 08-Jul-20200.0827
 07-Jul-20200.0648
 06-Jul-20200.0376
 05-Jul-20200.0716
 04-Jul-20200.0719
 03-Jul-20200.0452
 02-Jul-20200.0671
 01-Jul-20200.1359
 30-Jun-20200.1139
 29-Jun-20200.0776
 28-Jun-20200.0714
 27-Jun-20200.0712
 26-Jun-20200.0671
 25-Jun-20200.0999
 24-Jun-20200.1264
 23-Jun-20200.0933
 22-Jun-20200.0988
 21-Jun-20200.0734
 20-Jun-20200.0735
 19-Jun-20200.1197
 18-Jun-20200.1120
 17-Jun-20200.1048
 16-Jun-20200.0866
 15-Jun-20200.1336
Dividend Weekly06-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
 27-Apr-20200.9803
 20-Apr-20201.1935
 13-Apr-20200.7287
 07-Apr-20201.2873
 30-Mar-20202.0353
 16-Mar-20200.5669
 09-Mar-20200.9467
 02-Mar-20200.5968
 24-Feb-20200.6301
 17-Feb-20200.6846
 10-Feb-20200.6665
 03-Feb-20200.6471
 27-Jan-20200.6379
 20-Jan-20200.6217
 13-Jan-20200.5533
Dividend Monthly25-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
 27-Aug-20184.2625
 25-Jul-20184.0090
 25-Jun-20184.1466

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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