Axis Liquid Fund Growth
- 7.33%
- (+0.32)2167.6214
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | 7.93% |
| 5 Years | 7.33% |
| 3 Years | 6.91% |
| 1 Year | 6.54% |
| 6 Months | 2.83% |
| Fund Details | |
|---|---|
| ISIN | INF846K01412 |
| Risk | Low Risk |
| Fund Type | Liquid |
| NAV | 2167.6214 |
| Exit Load | 0.007% for 1 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| 76 DCMB 17032020 | 11.05% |
| 91 Days Tbill 05032020 | 5.55% |
| 91 DTB 26032020 | 4.75% |
| 91 DTB 30012020 | 4.43% |
| 182 DTB 30012020 | 2.7% |
| 364 DTB 30012020 | 1.71% |
| 91 DTB 16012020 | 1.21% |
| 182 DTB 23012020 | 1.03% |
| 364 DTB 20022020 | 0.8% |
| 364 DTB 16012020 | 0.69% |
About Axis Liquid Fund
The fund tries to give shape to the desires of the family of the investors by investing their money in market instruments such as government securities, treasury bills, commercial papers ,certificate of deposits (CoD) and holds money where there is least amount of risk.
Pros and Cons of Axis Liquid Fund
The benefits of Axis Liquid fund are: 1. They invest money for short-term where the inflation risk is low. 2. The insta redemption feature of the fund allows to redeem money instantly with an online request and the money is credited within few minutes in the account. 3. The Crisil has ranked this scheme in category 3 on 2018 in Liquid fund category and till the last quarter of 2018 the rank is same.
Fund Information and Statistics of Axis Liquid Fund
Inception /Launch date
Axis Liquid fund was launched on October 9, 2009 by Axis Mutual Fund.
Risk level
As Axis Liquid funds invest in debt instruments, they have a low risk profile. The price of debt instruments may change due to the change of prevailing interest rates.
Redemption
The redemption of money can be done in no time in Axis liquid fund. Place an online request anytime and the money will be credited to the account within few minutes.
Fund Manager
Mr.Devang Shah and Mr.Aditya Pagaria are jointly managing the fund since 2012 and 2016 respectively.
Entry/Exit Load
Liquid Fund scheme does not charge any entry or exit loads as during the high inflation environment, they are amongst the best investment plan on short-term with the lowest interest risk among debt funds.
Tax benefits of investing in Axis Liquid Fund
Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation.
About Axis Mutual Fund
Axis Mutual Fund is one of the top asset companies of India. It had launched its first scheme on October 2009. Since then the mutual fund scheme has grown strongly. Under the Indian Trusts Act, 1882, the Axis Mutual Fund has established its Statutory Details and Risk Factors sponsored by Axis Bank Ltd.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
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