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3 Year return
5.52%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹32647.93 Cr.
Expense Ratio
0.17% (inclusive of GST)
Exit Load
0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.
Tax Implications
Withdrawal within 3 years
Tax based on your income tax bracket
Withdrawal after 3 years
20% tax after indexation (adjusting for inflation)
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| TBILL-91D | 3.11 % |
| Union Bank (I) | 2.75 % |
| Indian Bank | 2.66 % |
| Canara Bank | 2.44 % |
| Punjab Natl.Bank | 2.43 % |
| HDFC Bank | 2.29 % |
| HDFC Bank | 2.28 % |
| Indian Bank | 2.28 % |
| S I D B I | 2.13 % |
| N A B A R D | 1.98 % |
| TBILL-182D | 1.95 % |
| N A B A R D | 1.84 % |
| Union Bank (I) | 1.82 % |
| Godrej & Boyce | 1.68 % |
| C C I | 1.55 % |
| IDFC First Bank | 1.52 % |
| TBILL-91D | 1.52 % |
| N A B A R D | 1.52 % |
| N A B A R D | 1.52 % |
| Bajaj Housing | 1.51 % |
| Birla Group | 1.45 % |
| Bank of Baroda | 1.45 % |
| Reliance Jio | 1.37 % |
| TBILL-182D | 1.34 % |
| TBILL-91D | 1.32 % |
| ICICI Securities | 1.21 % |
| ICICI Securities | 1.06 % |
| Bank of Baroda | 0.92 % |
| ICICI Securities | 0.92 % |
| Aditya Birla Hsg | 0.91 % |
| Shriram Finance | 0.91 % |
| Rel. Retail Vent | 0.91 % |
| Bajaj Finance | 0.91 % |
| Bajaj Finance | 0.91 % |
| TBILL-91D | 0.85 % |
| Nirma | 0.79 % |
| ICICI Securities | 0.76 % |
| A Birla Finance | 0.76 % |
| Bajaj Finance | 0.76 % |
| Bank of Baroda | 0.76 % |
| Bank of Baroda | 0.76 % |
| Canara Bank | 0.76 % |
| Cholaman.Inv.&Fn | 0.76 % |
| Poonawalla Fin | 0.76 % |
| Poonawalla Fin | 0.76 % |
| Poonawalla Fin | 0.76 % |
| TBILL-91D | 0.76 % |
| TBILL-91D | 0.76 % |
| Canara Bank | 0.73 % |
| Muthoot Finance | 0.69 % |
| Cholaman.Inv.&Fn | 0.68 % |
| TBILL-91D | 0.66 % |
| TBILL-91D | 0.61 % |
| Bank of Baroda | 0.61 % |
| Tata Power Co. | 0.61 % |
| Birla Group | 0.61 % |
| Godrej & Boyce | 0.61 % |
| Bajaj Finance | 0.6 % |
| E X I M Bank | 0.58 % |
| N A B A R D | 0.53 % |
| Grasim Inds | 0.51 % |
| A Birla Finance | 0.46 % |
| ICICI Securities | 0.46 % |
| Bajaj Finance | 0.46 % |
| Motilal Finvest | 0.46 % |
| ICICI Securities | 0.45 % |
| Godrej Propert. | 0.45 % |
| Godrej Propert. | 0.45 % |
| TBILL-182D | 0.43 % |
| TBILL-182D | 0.41 % |
| Netwrk.18 Media | 0.38 % |
| Motil.Oswal.Fin. | 0.38 % |
| HSBC Investdirec | 0.38 % |
| IndusInd Bank | 0.38 % |
| Indian Bank | 0.31 % |
| Sikka Ports | 0.31 % |
| Motil.Oswal.Fin. | 0.31 % |
| IndusInd Bank | 0.3 % |
| Julius Baer Cap. | 0.3 % |
| Kisetsu Saison | 0.3 % |
| Motil.Oswal.Fin. | 0.3 % |
| Motil.Oswal.Fin. | 0.3 % |
| Grasim Inds | 0.3 % |
| Netwrk.18 Media | 0.3 % |
| Nu Vista | 0.3 % |
| Pilani Invest. | 0.3 % |
| 360 One Prime | 0.3 % |
| Cholaman.Inv.&Fn | 0.3 % |
| S I D B I | 0.3 % |
| Tata Motors Fina | 0.3 % |
| Tata Power Rene. | 0.3 % |
| Tata Projects | 0.3 % |
| Aditya Birla Hsg | 0.3 % |
| TV18 Broadcast | 0.3 % |
| 360 ONE | 0.23 % |
| 360 One Prime | 0.23 % |
| SBI - CDMDF - Class A2 | 0.23 % |
| Union Bank (I) | 0.23 % |
| Bank of Baroda | 0.2 % |
| Tata Projects | 0.15 % |
| TV18 Broadcast | 0.15 % |
| Julius Baer Cap. | 0.15 % |
| TV18 Broadcast | 0.15 % |
| Tata Cap.Hsg. | 0.15 % |
| HDFC Bank | 0.12 % |
| TBILL-91D | 0.09 % |
| TBILL-364D | 0.09 % |
| Bank of Baroda | 0.08 % |
| S I D B I | 0.08 % |
| TBILL-364D | 0.08 % |
| Federal Bank | 0.08 % |
| TBILL-364D | 0.05 % |
| C C I | 0.04 % |
| TBILL-91D | 0.02 % |
| Net CA & Others | -8.07 % |
Axis Mutual Fund Managers
DS
Devang Shah
Fund Manager since Feb 2013
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment |
5.74% |
2 |
|
Canara Robeco Liquid Fund Direct Plan Weekly IDCW (Payout/Payout) Payout |
5.69% |
5 |
|
Axis Liquid Fund Direct Plan Weekly IDCW Payout |
5.7% |
5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Annual IDCW Payout
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Annual IDCW Reinvestment
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Growth
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Half Yearly Dividend Option Payout
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Half Yearly Dividend Option Reinvestment
About Axis Liquid Fund Direct Plan Monthly IDCW Payout
The Axis Liquid Fund Direct Plan Monthly IDCW Payout is managed by Axis Mutual Fund. This fund falls under the "Debt-Liquid" category, which means it primarily invests in short-term debt securities like government bonds, treasury bills, and money market instruments. The Axis Liquid Fund is an open-ended fund, which means you can buy and sell units on any business day. This provides the advantage of easy liquidity and the flexibility to enter or exit the fund as per your convenience. The expense ratio of the fund is marginally higher than the category average, but is low compared to mutual funds in general. This means that the fund charges lower fees to investors, which can help to improve their returns.
Investment Objectives of the Scheme
The main objective of the Axis Liquid Fund is to provide a safe and relatively stable avenue for parking your surplus funds in the short term. It aims to generate reasonable returns with a focus on capital preservation and liquidity.
Key Features of The Fund
| 5-year return | 5.62% |
| Expense Ratio | 0.17% |
| Fund Manager | Devang Shah |
| Fund Size | ₹32647.93 Cr |
| Risk Profile | Moderately Low |
Is This Scheme Right for Me?
This fund is particularly suitable for investors who seek a low-risk investment option with liquidity as a priority. If you have idle funds that you want to earn a slightly higher return on than a regular savings account, and you're looking for minimal volatility, the Axis Liquid Fund might be a suitable choice. However, it is important to remember that this is a money market fund and its returns are not guaranteed.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
