Fund Performance
Lumpsum
SIP
4.34
as on 04 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,360 today.
NAV Performance
Fund Information
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₹ 2,515.107
as on 04 Jun 2023 -
Regular - Growth
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16 / 39
-
₹ 500
-
₹ 21,367 Cr.
as on 31 Mar 2023 -
0.22%
-
09 Oct 2009
-
CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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Highlights of this fund
Axis Liquid Fund is an Open-ended Debt Fund. The fund belongs to Liquid Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 09 Oct 2009. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 2,515.107 as on 04 Jun 2023.
This fund has 13 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.22%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities.
List of Fund Managers of Axis Liquid Fund
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About Devang Shah
Devang Shah is the Deputy Head - Fixed Income at Axis AMC. His core responsibilities include managing top quartile performance for all funds along with managing client relationship. Devang joined Axis AMC on October 2012 as a Fund Manager and was promoted to Deputy Head in June 2018. He has been actively involved in the ideation, sourcing and investment strategy for fixed income funds. Prior to this, Devang was working with ICICI Prudential AMC as a Fund Manager from April 2008 till October 2012. His primary responsibilities include – 1. Analysing domestic fixed income markets, provide views on interest rate, credit environment & domestic monetary aggregates 2. Managing portfolio and trading in Debt & Money Market Instruments 3. Analysing various credit structures (LAS, ABS Pools, LAP) and credit exposures for the fund house. He has also worked with Deutsche AMC and PwC in past.
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About Aditya Pagaria
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. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 1.29% | 1.67% | 2.57% | 3.56% | 6.35% | 5.53% | 5.53% | 5.60% | 7.18% | 6.79% | 5.72% | 5.07% | 5.13% | 6.06% |
| Category Average | 0.15% | -1.96% | -0.81% | 0.66% | 3.29% | 2.30% | 2.20% | 3.36% | 5.19% | 6.61% | 5.58% | 4.94% | 4.80% | 5.71% |
| Axis Liquid Fund | 0.13%₹ 10,012 | 0.60%₹ 10,060 | 1.86%₹ 10,186 | 3.47%₹ 10,347 | 6.34%₹ 10,633 | 6.77%₹ 12,434 | 4.91%₹ 11,006 | 5.71%₹ 25,439 | 4.34%₹ 11,360 | 5.05%₹ 38,872 | 5.28%₹ 12,937 | 4.91%₹ 67,932 | 6.66%₹ 19,056 | 5.83%₹ 1,61,841 |
| Aditya Birla Sun Life Liquid Fund | 0.13%₹ 10,012 | 0.60%₹ 10,059 | 1.88%₹ 10,188 | 3.49%₹ 10,348 | 6.34%₹ 10,633 | 6.79%₹ 12,436 | 4.88%₹ 11,000 | 5.70%₹ 25,438 | 4.35%₹ 11,361 | 5.03%₹ 38,864 | 5.28%₹ 12,935 | 4.90%₹ 67,923 | 6.67%₹ 19,088 | 5.83%₹ 1,61,839 |
| Parag Parikh Liquid Fund | 0.11%₹ 10,011 | 0.57%₹ 10,056 | 1.69%₹ 10,169 | 3.17%₹ 10,317 | 5.85%₹ 10,585 | 6.23%₹ 12,400 | 4.55%₹ 10,932 | 5.28%₹ 25,328 | 4.03%₹ 11,259 | 4.68%₹ 38,657 | 4.70%₹ 12,583 | 4.47%₹ 67,189 | - | - |
| SBI Liquid Fund | 0.12%₹ 10,011 | 0.58%₹ 10,057 | 1.82%₹ 10,181 | 3.41%₹ 10,340 | 6.24%₹ 10,623 | 6.67%₹ 12,428 | 4.83%₹ 10,988 | 5.61%₹ 25,415 | 4.29%₹ 11,342 | 4.97%₹ 38,825 | 5.19%₹ 12,878 | 4.82%₹ 67,788 | 6.57%₹ 18,901 | 5.73%₹ 1,61,029 |
| Mahindra Manulife Liquid Fund | 0.13%₹ 10,012 | 0.60%₹ 10,059 | 1.85%₹ 10,184 | 3.43%₹ 10,343 | 6.33%₹ 10,633 | 6.72%₹ 12,431 | 4.89%₹ 11,002 | 5.69%₹ 25,431 | 4.37%₹ 11,368 | 5.04%₹ 38,864 | 5.30%₹ 12,945 | 4.91%₹ 67,940 | - | - |
| Mirae Asset Cash Management Fund | 0.14%₹ 10,013 | 0.59%₹ 10,058 | 1.85%₹ 10,184 | 3.43%₹ 10,343 | 6.25%₹ 10,625 | 6.70%₹ 12,429 | 4.86%₹ 10,995 | 5.66%₹ 25,425 | 4.34%₹ 11,358 | 5.01%₹ 38,851 | 5.23%₹ 12,906 | 4.87%₹ 67,858 | 6.44%₹ 18,666 | 5.71%₹ 1,60,808 |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Liquid Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CP | 50.78% | ₹ 10,848.19 Cr. |
| CD | 28.03% | ₹ 5,992.37 Cr. |
| T-Bills | 20.25% | ₹ 4,326.76 Cr. |
| NCD & Bonds | 6.62% | ₹ 1,410.78 Cr. |
| GOI | 0.03% | ₹ 5.38 Cr. |
| Others | -5.71% | - |
Top Debt Holdings of Axis Liquid Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 20.25% | ₹ 4,326.76 Cr. |
| Bond - Small Industries Development Bank Of India | 12.16% | ₹ 2,597.63 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 10.44% | ₹ 2,229.67 Cr. |
| Bond - Canara Bank | 7.55% | ₹ 1,613.21 Cr. |
| Bond - Punjab National Bank | 7.15% | ₹ 1,529.39 Cr. |
| Others | 42.45% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 0.29% |
| Interest Rate Swaps | 0.00% |
| Net Receivables | -6.00% |