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3 star

Axis Liquid Fund - Direct Plan download report


Debt: Liquid

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
Axis Liquid Direct-G 1.37 0.01 0.08 0.27 0.89 1.79 3.51 4.29 5.47 6.10 --
CCIL T Bill Liquidity Weight 0.55 0.02 0.03 -0.02 0.25 0.81 1.89 2.76 3.34 3.74 --
Debt: Liquid 1.36 0.01 0.08 0.27 0.88 1.78 3.48 4.21 5.39 6.02 --
Rank within category 12 13 17 18 14 12 13 14 12 9 --
Number of funds in category 37 37 37 37 37 37 37 36 32 31 1

As on 19-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Liquid Fund - Direct Plan
3 star
Jan-13 3.51 4.29 5.47 0.16% 28,934
Aditya Birla Sun Life Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.51 4.34 5.50 0.21% 34,891
Baroda BNP Paribas Liquid Fund - Direct Plan
4 star
Jan-13 3.57 4.30 5.49 0.16% 6,968
LIC MF Liquid Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.50 4.32 5.48 0.11% 5,755
Mirae Asset Cash Management Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.53 4.29 5.46 0.18% 3,378

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.49 24-Mar-2020 - 31-Mar-2020 -0.15 17-Mar-2020 - 24-Mar-2020
Month 0.88 08-Sep-2013 - 08-Oct-2013 0.20 23-Feb-2020 - 24-Mar-2020
Quarter 2.64 24-Jul-2013 - 23-Oct-2013 0.74 23-Oct-2020 - 22-Jan-2021
Year 9.81 24-Jul-2013 - 24-Jul-2014 3.25 28-Oct-2020 - 28-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Axis Liquid Direct-G 4.29 0.39 1.92 9.92 0.98 1.41
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Liquid 4.20 0.37 1.78 8.71 0.88 1.26
Rank within category 13 27 15 13 32 13
Number of funds in category 36 36 36 36 36 36

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 82 95 62 47
Modified Duration (yrs) 0.10 0.13 0.07 0.10
Average Maturity (yrs) 0.10 0.14 0.07 0.10
Yield to Maturity (%) 4.06 4.06 3.28 4.03
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
up Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 4.92 4.92
equal Reliance Retail Ventures 91-D 10/06/2022 Commercial Paper A1+ 0.00 - 4.26 3.78
up Indian Bank 2022 Certificate of Deposit A1+ 0.00 - 3.53 3.53
equal Canara Bank 2022 Certificate of Deposit A1+ 0.00 - 3.87 3.44
new Reserve Bank of India 91-D 07/07/2022 Treasury Bills SOV 0.00 - 3.43 3.43
equal HDFC Bank 2022 Certificate of Deposit A1+ 0.00 - 3.68 3.27
new HDFC Bank 29/06/2022 Certificate of Deposit A1+ 0.00 - 2.75 2.75
equal Reserve Bank of India 91-D 23/06/2022 Treasury Bills SOV 0.00 - 3.10 2.75
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 2.92 2.59
new SIDBI 48-D 06/06/2022 Commercial Paper A1+ 0.00 - 2.58 2.58
new HDFC 354-D 10/06/2022 Commercial Paper A1+ 0.00 - 2.58 2.58
new Reserve Bank of India 91-D 21/07/2022 Treasury Bills SOV 0.00 - 2.40 2.40
new Reserve Bank of India 91-D 13/07/2022 Treasury Bills SOV 0.00 - 2.33 2.33
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 2.33 2.07
new National Bank Agr. Rur. Devp 88-D 15/07/2022 Commercial Paper A1+ 0.00 - 1.88 1.88
new HDFC Bank 25/07/2022 Certificate of Deposit A1+ 0.00 - 1.88 1.88
equal Aditya Birla Finance 85-D 10/05/2022 Commercial Paper A1+ 0.00 - 1.94 1.73
new Tata Steel 91-D 28/06/2022 Commercial Paper A1+ 0.00 - 1.72 1.72
equal Bank of Baroda 2022 Certificate of Deposit A1+ 0.00 - 1.74 1.55
equal Ultratech Cement 91-D 19/05/2022 Commercial Paper A1+ 0.00 - 1.65 1.47
new ICICI Securities 75-D 11/07/2022 Commercial Paper A1+ 0.00 - 1.37 1.37
equal HDFC 91-D 23/06/2022 Commercial Paper A1+ 0.00 - 1.35 1.20
equal Canara Bank 23/06/2022 Certificate of Deposit A1+ 0.00 - 1.35 1.20
equal Birla Group Holdings 91-D 16/06/2022 Commercial Paper A1+ 0.00 - 1.35 1.20
equal National Bank Agr. Rur. Devp 90-D 06/06/2022 Commercial Paper A1+ 0.00 - 1.36 1.20

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-Apr-2022

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 01-Jan-2013

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 19-May-2022

Growth: ₹ 2,375.1420

IDCW Weekly: ₹ 1,002.3413

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IDCW Monthly: ₹ 1,002.7810

IDCW Daily: ₹ 1,000.9560


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

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) --
Min. No of Cheques --
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
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: 01-Jan-2013
Return Since Launch: 6.87%
Benchmark: NIFTY Liquid Index B-I
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 28,934 Cr (As on 30-Apr-2022)
Expense: 0.16% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily19-May-20220.1280

 18-May-20220.1216
 17-May-20220.1454
 16-May-20220.1214
 15-May-20220.1213
 14-May-20220.1214
 13-May-20220.0889
 12-May-20220.1285
 11-May-20220.1126
 10-May-20220.1068
 09-May-20220.0821
 08-May-20220.0594
 03-May-20220.1075
 02-May-20220.1301
 01-May-20220.1066
 30-Apr-20220.1066
 29-Apr-20220.0558
 28-Apr-20220.0858
 27-Apr-20220.0970
 26-Apr-20220.0647
 25-Apr-20220.0971
 24-Apr-20220.1016
 23-Apr-20220.1018
 22-Apr-20220.0587
 21-Apr-20220.1127
IDCW Weekly17-May-20220.9478

 09-May-20220.2494
 02-May-20220.6475
 25-Apr-20220.7359
 18-Apr-20220.7064
 11-Apr-20220.6252
 04-Apr-20220.9231
 28-Mar-20220.7002
 21-Mar-20220.7619
 14-Mar-20220.7218
 07-Mar-20220.6490
 28-Feb-20220.6737
 21-Feb-20220.7180
 14-Feb-20220.6983
 08-Feb-20220.7398
 31-Jan-20220.6579
 24-Jan-20220.5786
 17-Jan-20220.6903
 10-Jan-20220.6841
 03-Jan-20220.7294
 27-Dec-20210.6918
 20-Dec-20210.6506
 13-Dec-20210.6751
 06-Dec-20210.6577
 29-Nov-20210.7014
IDCW Monthly25-Apr-20223.2994

 25-Mar-20222.8089
 25-Feb-20223.1102
 25-Jan-20222.7727
 27-Dec-20213.0456
 25-Nov-20213.1473
 25-Oct-20212.3540
 27-Sep-20212.8017
 25-Aug-20212.8670
 26-Jul-20212.9381
 25-Jun-20212.8518
 25-May-20212.4437
 26-Apr-20212.9228
 25-Mar-20212.4312
 25-Feb-20212.9698
 25-Jan-20212.2077
 28-Dec-20202.5346
 25-Nov-20202.6567
 26-Oct-20203.0082
 25-Sep-20202.6750
 25-Aug-20202.6704
 27-Jul-20202.8653
 25-Jun-20203.0418
 26-May-20203.9917
 27-Apr-20208.0064

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

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies 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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