Axis Liquid Fund Growth - Latest NAV ₹2242.8721, Returns, Performance & Portfolio

Axis Liquid Fund Growth

  • highlight
    6.72%
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    (+0.18)2242.8721

Start your investment

Min amount: ₹1,000

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 36,721 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.88%
5 Years6.72%
3 Years6.34%
1 Year4.71%
6 Months1.82%
Fund Details
ISININF846K01412
RiskLow Risk
Fund TypeLiquid
NAV2242.8721
Exit Load0.007% for 1 Days

More about this fundstar

Top HoldingsWeightage
182 DTB 151020206.54%
182 DTB 261120206.01%
91 DTB 291020205.41%
91 DTB 031220205.21%
91 DTB 051120204.76%
91 DTB 261120204.13%
91 DTB 011020204.03%
91 DTB 101220203%
91 DTB 221020202.96%
182 DTB 191120202.35%

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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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Investment mode is LumpSum (One Time)

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 36,721 in a period of 20 years
Low Risk

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
  • Low Risk = Stable, relatively lower returns