Fund Overview
Fund Size
₹32,648 Cr
Expense Ratio
0.17%
ISIN
INF846K01CX4
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Axis Liquid Fund Direct Growth is a Liquid mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹2709.16, Assets Under Management (AUM) of 32647.93 Crores, and an expense ratio of 0.17%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹2709.16, Assets Under Management (AUM) of 32647.93 Crores, and an expense ratio of 0.17%.
- Axis Liquid Fund Direct Growth has given a CAGR return of 6.86% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.77% in cash & cash equivalents.
- You can start investing in Axis Liquid Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.35%
+5.99% (Cat Avg.)
3 Years
+5.70%
+4.83% (Cat Avg.)
5 Years
+5.30%
+4.25% (Cat Avg.)
10 Years
+6.53%
+5.14% (Cat Avg.)
Since Inception
+6.86%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Others | ₹32,647.93 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹-2,654.73 Cr | 8.13% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹1,383.3 Cr | 4.24% |
| India (Republic of) | Bond - Short-term Government Bills | ₹1,305.83 Cr | 4.00% |
| 182 DTB 16052024 | Bond - Gov't/Treasury | ₹1,196.68 Cr | 3.67% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹1,122.06 Cr | 3.44% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹1,113.76 Cr | 3.41% |
| 91 DTB 23052024 | Bond - Gov't/Treasury | ₹1,016.02 Cr | 3.11% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹896.33 Cr | 2.75% |
| Indian Bank | Cash - CD/Time Deposit | ₹868.18 Cr | 2.66% |
| Canara Bank | Bond - Gov't Agency Debt | ₹795.48 Cr | 2.44% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹793.3 Cr | 2.43% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹746.06 Cr | 2.29% |
| Indian Bank | Cash - CD/Time Deposit | ₹745.17 Cr | 2.28% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹745.04 Cr | 2.28% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹695.19 Cr | 2.13% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹646.69 Cr | 1.98% |
| 182 DTB 23052024 | Bond - Gov't/Treasury | ₹637.5 Cr | 1.95% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹599.17 Cr | 1.84% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹595.2 Cr | 1.82% |
| Godrej & Boyce Manufacturing Company Limited | Cash - Commercial Paper | ₹549.45 Cr | 1.68% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹518.05 Cr | 1.59% |
| India (Republic of) | Bond - Short-term Government Bills | ₹496.64 Cr | 1.52% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹496.57 Cr | 1.52% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹496.56 Cr | 1.52% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹495.79 Cr | 1.52% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹492.17 Cr | 1.51% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹473.52 Cr | 1.45% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹472.32 Cr | 1.45% |
| Reliance Jio Infocomm Ltd. | Cash - Commercial Paper | ₹448.23 Cr | 1.37% |
| 182 DTB 20062024 | Bond - Gov't/Treasury | ₹435.85 Cr | 1.33% |
| India (Republic of) | Bond - Short-term Government Bills | ₹432.37 Cr | 1.32% |
| Icici Securities Limited | Cash - Commercial Paper | ₹396.5 Cr | 1.21% |
| Icici Securities Limited | Cash - Commercial Paper | ₹347.57 Cr | 1.06% |
| Icici Securities Limited | Cash - Commercial Paper | ₹299.03 Cr | 0.92% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹298.84 Cr | 0.92% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹298.35 Cr | 0.91% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹298.06 Cr | 0.91% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹297.98 Cr | 0.91% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹297.34 Cr | 0.91% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹295.57 Cr | 0.91% |
| India (Republic of) | Bond - Short-term Government Bills | ₹278.55 Cr | 0.85% |
| Nirma Limited | Bond - Corporate Bond | ₹258.92 Cr | 0.79% |
| Poonawalla Fincorp Limited | Cash - Commercial Paper | ₹249.7 Cr | 0.76% |
| Bank of Baroda | Bond - Corporate Bond | ₹249.27 Cr | 0.76% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹249.06 Cr | 0.76% |
| Poonawalla Fincorp Ltd | Cash - Commercial Paper | ₹248.85 Cr | 0.76% |
| India (Republic of) | Bond - Short-term Government Bills | ₹248.65 Cr | 0.76% |
| Icici Securities Limited | Cash - Commercial Paper | ₹248.16 Cr | 0.76% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹247.97 Cr | 0.76% |
| Canara Bank | Bond - Gov't Agency Debt | ₹247.91 Cr | 0.76% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹247.91 Cr | 0.76% |
| India (Republic of) | Bond - Short-term Government Bills | ₹247.64 Cr | 0.76% |
| Poonawalla Fincorp Ltd | Cash - Commercial Paper | ₹247.29 Cr | 0.76% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹247.25 Cr | 0.76% |
| Canara Bank | Cash - CD/Time Deposit | ₹238.09 Cr | 0.73% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹224.33 Cr | 0.69% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹221.7 Cr | 0.68% |
| 91 DTB 25072024 | Bond - Gov't/Treasury | ₹216.49 Cr | 0.66% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹199.65 Cr | 0.61% |
| The Tata Power Company Limited | Cash - Commercial Paper | ₹199.65 Cr | 0.61% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹198.53 Cr | 0.61% |
| India (Republic of) | Bond - Short-term Government Bills | ₹198.4 Cr | 0.61% |
| Godrej & Boyce Manufacturing Company Limited | Cash - Commercial Paper | ₹198.03 Cr | 0.61% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹196.76 Cr | 0.60% |
| Export-Import Bank of India | Cash - Commercial Paper | ₹189.44 Cr | 0.58% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹174.21 Cr | 0.53% |
| Grasim Industries Ltd | Bond - Corporate Bond | ₹164.98 Cr | 0.51% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹149.7 Cr | 0.46% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹149.52 Cr | 0.46% |
| Icici Securities Limited | Cash - Commercial Paper | ₹148.99 Cr | 0.46% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹148.75 Cr | 0.46% |
| Godrej Properties Ltd. | Cash - Commercial Paper | ₹148.5 Cr | 0.45% |
| Icici Securities Limited | Cash - Commercial Paper | ₹148.44 Cr | 0.45% |
| Godrej Properties Ltd. | Cash - Commercial Paper | ₹148.44 Cr | 0.45% |
| 182 DTB 30052024 | Bond - Gov't/Treasury | ₹139.25 Cr | 0.43% |
| 182 DTB 06062024 | Bond - Gov't/Treasury | ₹134.09 Cr | 0.41% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹124.36 Cr | 0.38% |
| Hsbc Investdirect Financial Services (I)Ltd | Cash - Commercial Paper | ₹124.24 Cr | 0.38% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹124.11 Cr | 0.38% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹124 Cr | 0.38% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹99.87 Cr | 0.31% |
| Sikka Ports & Terminals Ltd | Cash - Commercial Paper | ₹99.84 Cr | 0.31% |
| Indian Bank | Cash - CD/Time Deposit | ₹99.61 Cr | 0.31% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹99.53 Cr | 0.30% |
| Grasim Industries Ltd. | Cash - Commercial Paper | ₹99.46 Cr | 0.30% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹99.45 Cr | 0.30% |
| Tata Projects Limited | Cash - Commercial Paper | ₹99.44 Cr | 0.30% |
| TV18 Broadcast Limited | Cash - Commercial Paper | ₹99.4 Cr | 0.30% |
| Tata Motors Finance Limited | Cash - Commercial Paper | ₹99.34 Cr | 0.30% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹99.33 Cr | 0.30% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹99.3 Cr | 0.30% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹99.22 Cr | 0.30% |
| NU Vista Ltd. | Cash - Commercial Paper | ₹98.87 Cr | 0.30% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹98.86 Cr | 0.30% |
| Kisetsu Saison Finance (India) Pvt Ltd. | Cash - Commercial Paper | ₹98.79 Cr | 0.30% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹98.72 Cr | 0.30% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹98.7 Cr | 0.30% |
| Tata Power Renewable Energy Limited** | Cash - Commercial Paper | ₹98.43 Cr | 0.30% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹98.3 Cr | 0.30% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹98.24 Cr | 0.30% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹75.76 Cr | 0.23% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹74.88 Cr | 0.23% |
| 360 One Wam Ltd. | Cash - Commercial Paper | ₹74.88 Cr | 0.23% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹74.52 Cr | 0.23% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹64.99 Cr | 0.20% |
| Tata Projects Limited | Cash - Commercial Paper | ₹49.86 Cr | 0.15% |
| Tata Capital Housing Finance Limited | Cash - Commercial Paper | ₹49.85 Cr | 0.15% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹49.73 Cr | 0.15% |
| TV18 Broadcast Limited | Cash - Commercial Paper | ₹49.64 Cr | 0.15% |
| TV18 Broadcast Limited | Cash - Commercial Paper | ₹49.6 Cr | 0.15% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹39.66 Cr | 0.12% |
| India (Republic of) | Bond - Short-term Government Bills | ₹29.92 Cr | 0.09% |
| 364 DTB 23052024 | Bond - Gov't/Treasury | ₹29.88 Cr | 0.09% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹24.98 Cr | 0.08% |
| 364 DTB 06062024 | Bond - Gov't/Treasury | ₹24.83 Cr | 0.08% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.83 Cr | 0.08% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹24.8 Cr | 0.08% |
| India (Republic of) | Bond - Short-term Government Bills | ₹14.88 Cr | 0.05% |
| 91 DTB 02052024 | Bond - Gov't/Treasury | ₹5 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹13,147.75 Cr | 40.27% |
| Cash - CD/Time Deposit | ₹8,323.66 Cr | 25.50% |
| Bond - Gov't/Treasury | ₹3,835.59 Cr | 11.75% |
| Bond - Short-term Government Bills | ₹3,252.87 Cr | 9.96% |
| Bond - Gov't Agency Debt | ₹3,219.99 Cr | 9.86% |
| Bond - Corporate Bond | ₹2,928.98 Cr | 8.97% |
| Cash | ₹-2,654.73 Cr | 8.13% |
| Cash - Repurchase Agreement | ₹518.05 Cr | 1.59% |
| Mutual Fund - Open End | ₹75.76 Cr | 0.23% |
Risk & Performance Ratios
Standard Deviation
This fund
0.49%
Cat. avg.
0.50%
Lower the better
Sharpe Ratio
This fund
0.81
Cat. avg.
-2.15
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-1.09
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF846K01CX4 | Expense Ratio | 0.17% | Exit Load | No Charges | Fund Size | ₹32,648 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Liquid Index TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Liquid Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Canara Robeco Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹3624.26 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.37 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹594.57 Cr | 6.8% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹594.57 Cr | 7.0% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹48.10 Cr | 6.0% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹10053.20 Cr | 7.2% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹228.88 Cr | 7.3% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹720.33 Cr | 7.1% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹720.33 Cr | 7.1% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹228.88 Cr | 7.1% |
About the AMC
Total AUM
₹2,79,542 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of Axis Liquid Fund Direct Growth?
The NAV of Axis Liquid Fund Direct Growth, as of 17-May-2024, is ₹2709.16.
What are the returns of Axis Liquid Fund Direct Growth?
The fund has generated 7.35% over the last 1 year and 5.70% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Liquid Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 99.77% in cash and cash equivalents.
Who manages the Axis Liquid Fund Direct Growth?
The fund managers responsible for Axis Liquid Fund Direct Growth are:-
- Devang Shah
- Aditya Pagaria
- Sachin Jain
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.