Axis Liquid Direct Fund Growth

Debt
Liquid
Moderate Risk
5.72%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 May 2024₹2,714.14
Min. SIP amountNot Supported
Rating4
Fund size₹32,647.93Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Liquid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.4%5.7%5.3%6.9%
Category average7.1%5.5%5.0%NA
Rank with in category9811NA
Understand terms

Holdings (85)

NameSectorInstrumentAssets
Union Bank of India
FinancialCD5.47%
Reserve Bank of India
FinancialT-Bills5.37%
Indian Bank
FinancialCD4.45%
Canara Bank
FinancialCD3.57%
Punjab National Bank
FinancialCD3.56%
Small Industries Devp. Bank of India Ltd.
FinancialCP3.45%
Reserve Bank of India
FinancialT-Bills3.38%
Reserve Bank of India
FinancialT-Bills3.37%
Reserve Bank of India
FinancialT-Bills3.35%
HDFC Bank Ltd.
FinancialCD3.34%
See All

Pros and cons

Category: Debt Liquid

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher expense ratio: 0.17%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 2.23 The fund has generated returns higher than benchmark - NIFTY Liquid Index A-I - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.17%

Inclusive of GST

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.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIPNot Supported

Fund management

Devang Shah
Jan 2013 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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