Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Axis Liquid Fund
|
Moderate
|
Please wait... |
0.34 |
|||
Moderate
|
Please wait... |
0.34 |
||||
Moderate
|
Please wait... |
0.29 |
||||
Moderate
|
Please wait... |
0.27 |
||||
Low to Moderate
|
Please wait... |
0.22 |
₹27,339 Cr
0.01 (1)
500
500
--
--
Investment Strategy
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Suitability
"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
6 min read•By Aarati Krishnan
Axis Liquid Fund is mandated to invest in bonds having a maturity of up to three months.
Mutual funds can be bought directly from the website of the fund house. For instance, Axis Liquid Fund fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Axis Liquid Fund is ₹2,734.7528 as of 14-Aug-2024.
The AUM of Axis Liquid Fund Fund is ₹27,339 Cr as of 31-Jul-2024
The riskometer level of Axis Liquid Fund is Moderate. See More
Company | Percentage of Portfolio |
---|---|
Reserve Bank of India T-Bills 91-D 08/08/2024 |
4.07
|
Indian Bank CD 01/10/2024 |
3.80
|
Small Industries Devp. Bank of India Ltd CP 91-D 11/09/2024 |
3.63
|
Canara Bank CD 09/09/2024 |
3.56
|
Indian Bank CD 26/08/2024 |
3.55
|
As of 31-Jul-2024, Axis Liquid Fund had invested 102.83% in Debt and -2.84% in Cash & Cash Eq. See More
Axis Liquid Fund is 14 years 10 months old. It has delivered 7.01% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.36%
|
5.93%
|
5.24%
|
5.80%
|
6.42%
|
7.01%
|
No, There is no lock in period in Axis Liquid Fund.
The expense ratio of Axis Liquid Fund is 0.34.