April 10, 2025
mayank
Axis Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 2,890.5900
Weekly NAV IDCW: Rs 1,002.5998
NAV IDCW Monthly: Rs 1,005.0669
Suitable For Which Investors?
“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.”
Fund’s 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.
Fund Manager:
1) Aditya Pagaria
Education: 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.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Devang Shah
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.
3) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| 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. |
Basic Details of Axis Liquid Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.91% |
| Benchmark | NIFTY Liquid Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 32,609 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.09% |
| (As on 31-Mar-2025) | |
| Risk Grade | — |
| Return Grade | Above Average |
Trailing Returns (%) of Axis Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Liquid Dir | 2.10 | 0.03 | 0.77 | 1.93 | 3.72 | 7.46 | 6.89 | 5.54 | 5.93 | 6.39 |
| CCIL T Bill Liquidity Weight | 1.47 | 0.03 | 0.55 | 1.33 | 2.40 | 4.94 | 4.21 | 3.45 | 3.67 | 3.93 |
| Debt: Liquid | 2.04 | 0.03 | 0.74 | 1.87 | 3.64 | 7.33 | 6.79 | 5.46 | 5.85 | 6.31 |
| Rank within category | 3 | 2 | 9 | 5 | 3 | 6 | 3 | 9 | 9 | 7 |
| Number of funds in category | 38 | 38 | 38 | 38 | 37 | 37 | 35 | 34 | 30 | 29 |
Peer Comparison of Axis Liquid Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis Liquid Dir | 4 star | 7.46 | 6.89 | 5.54 | 0.09 | 32,609 | 6.91 | 0.01 (1) | 12Y 3M |
| ABSL Liquid Dir | 5 star | 7.47 | 6.91 | 5.58 | 0.21 | 41,051 | 6.95 | 0.01 (1) | 12Y 3M |
| DSP Liquidity Dir | 4 star | 7.45 | 6.85 | 5.50 | 0.10 | 15,829 | 6.87 | 0.01 (1) | 12Y 3M |
| Mirae Asset Liquid Dir | 4 star | 7.43 | 6.87 | 5.54 | 0.09 | 8,684 | 6.74 | 0.01 (1) | 12Y 3M |
| Sundaram Liquid Dir | 4 star | 7.48 | 6.89 | 5.54 | 0.13 | 5,477 | 6.81 | 0.01 (1) | 12Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 91 | 60 |
| Macaulay Duration (yrs) | 0.11 | 0.09 |
| Average Maturity (yrs) | 0.11 | 0.09 |
| Yield to Maturity (%) | 7.17 | 6.84 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Axis Liquid Fund
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