Fund Overview
Fund Size
₹25,269 Cr
Expense Ratio
0.15%
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, 9 months and 22 days, having been launched on 01-Jan-13.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹2793.53, Assets Under Management (AUM) of 25268.68 Crores, and an expense ratio of 0.15%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹2793.53, Assets Under Management (AUM) of 25268.68 Crores, and an expense ratio of 0.15%.
- Axis Liquid Fund Direct Growth has given a CAGR return of 6.88% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.69% 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
+7.49%
+6.37% (Cat Avg.)
3 Years
+6.28%
+5.55% (Cat Avg.)
5 Years
+5.37%
+4.57% (Cat Avg.)
10 Years
+6.46%
+5.17% (Cat Avg.)
Since Inception
+6.88%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Others | ₹25,268.68 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹-2,408.5 Cr | 9.53% |
| 182 DTB 01112024 | Bond - Gov't/Treasury | ₹1,362.62 Cr | 5.39% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹1,159.63 Cr | 4.59% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹985.95 Cr | 3.90% |
| Export Import Bank Of India | Cash - Commercial Paper | ₹963.11 Cr | 3.81% |
| 91 DTB 07112024 | Bond - Gov't/Treasury | ₹859.42 Cr | 3.40% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹842.98 Cr | 3.34% |
| Reliance Jio Infocomm Limited | Cash - Commercial Paper | ₹741.92 Cr | 2.94% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹741.48 Cr | 2.93% |
| State Bank Of India | Cash - CD/Time Deposit | ₹690.36 Cr | 2.73% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹517.79 Cr | 2.05% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹495.09 Cr | 1.96% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹495.01 Cr | 1.96% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹494.17 Cr | 1.96% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹493.86 Cr | 1.95% |
| 91 DTB 12122024 | Bond - Gov't/Treasury | ₹493.77 Cr | 1.95% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹493.76 Cr | 1.95% |
| India (Republic of) | Bond - Short-term Government Bills | ₹493.17 Cr | 1.95% |
| 91 DTB 18102024 | Bond - Gov't/Treasury | ₹423.74 Cr | 1.68% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹422.7 Cr | 1.67% |
| Shriram Finance Company Limited | Cash - Commercial Paper | ₹418.67 Cr | 1.66% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹394.82 Cr | 1.56% |
| Tata Capital Housing Finance Limited | Cash - Commercial Paper | ₹394.59 Cr | 1.56% |
| Canara Bank | Cash - CD/Time Deposit | ₹370.34 Cr | 1.47% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹345.27 Cr | 1.37% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹298.28 Cr | 1.18% |
| Ultratech Cement Limited | Cash - Commercial Paper | ₹298 Cr | 1.18% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹297.42 Cr | 1.18% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹297.29 Cr | 1.18% |
| Kisetsu Saison Financial India Private Limited | Cash - Commercial Paper | ₹296.88 Cr | 1.17% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹296.71 Cr | 1.17% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹295.95 Cr | 1.17% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹285.08 Cr | 1.13% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹274.86 Cr | 1.09% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹270.86 Cr | 1.07% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹250 Cr | 0.99% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹249.85 Cr | 0.99% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹248.55 Cr | 0.98% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹248.51 Cr | 0.98% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹248.2 Cr | 0.98% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹247.9 Cr | 0.98% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹247.89 Cr | 0.98% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹247.06 Cr | 0.98% |
| State Bank Of India | Cash - CD/Time Deposit | ₹246.93 Cr | 0.98% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹246.83 Cr | 0.98% |
| Bank Of India | Cash - CD/Time Deposit | ₹246.64 Cr | 0.98% |
| Tata Steel Limited | Cash - Commercial Paper | ₹246.59 Cr | 0.98% |
| Canara Bank | Cash - CD/Time Deposit | ₹246.56 Cr | 0.98% |
| Canara Bank | Cash - CD/Time Deposit | ₹246.51 Cr | 0.98% |
| Canara Bank | Cash - CD/Time Deposit | ₹246.32 Cr | 0.97% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹243.9 Cr | 0.97% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹199.93 Cr | 0.79% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹198.24 Cr | 0.78% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹197.5 Cr | 0.78% |
| Tata Steel Limited | Cash - Commercial Paper | ₹197.47 Cr | 0.78% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹197.42 Cr | 0.78% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹197.28 Cr | 0.78% |
| Mahindra & Mahindra Financial Services Limited | Cash - Commercial Paper | ₹197.21 Cr | 0.78% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹197.13 Cr | 0.78% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹172.39 Cr | 0.68% |
| Piramal Capital & Housing Finance Limited | Cash - Commercial Paper | ₹149.08 Cr | 0.59% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹148.73 Cr | 0.59% |
| Tata Motors Finance Solutions Limited | Cash - Commercial Paper | ₹148.69 Cr | 0.59% |
| Poonawalla Fincorp Limited | Cash - Commercial Paper | ₹148.63 Cr | 0.59% |
| Tv18 Broadcast Limited | Cash - Commercial Paper | ₹148.15 Cr | 0.59% |
| Godrej Finance Limited | Cash - Commercial Paper | ₹148 Cr | 0.59% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹143.97 Cr | 0.57% |
| Piramal Capital & Housing Finance Limited | Cash - Commercial Paper | ₹129.17 Cr | 0.51% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹124.92 Cr | 0.49% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹123.63 Cr | 0.49% |
| Mahindra Rural Housing Finance Limited | Cash - Commercial Paper | ₹123.54 Cr | 0.49% |
| Julius Baer Capital Private Limited | Cash - Commercial Paper | ₹99.41 Cr | 0.39% |
| 360 One Prime Limited | Cash - Commercial Paper | ₹99.15 Cr | 0.39% |
| Bank Of India | Cash - CD/Time Deposit | ₹99.03 Cr | 0.39% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹98.88 Cr | 0.39% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹98.86 Cr | 0.39% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹98.81 Cr | 0.39% |
| Cholamandalam Investment & Finance Co Ltd. | Bond - Corporate Bond | ₹98.78 Cr | 0.39% |
| Network18 Media & Investments Limited | Cash - Commercial Paper | ₹98.77 Cr | 0.39% |
| ICICI Home Finance Company Limited | Cash - Commercial Paper | ₹98.76 Cr | 0.39% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹98.72 Cr | 0.39% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹98.69 Cr | 0.39% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹98.63 Cr | 0.39% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹98.58 Cr | 0.39% |
| Kisetsu Saison Financial India Private Limited | Cash - Commercial Paper | ₹98.53 Cr | 0.39% |
| 360 One Wam Limited | Cash - Commercial Paper | ₹98.53 Cr | 0.39% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹98.22 Cr | 0.39% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹77.19 Cr | 0.31% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹74.78 Cr | 0.30% |
| 91 DTB 24102024 | Bond - Gov't/Treasury | ₹74.7 Cr | 0.30% |
| Tv18 Broadcast Limited | Cash - Commercial Paper | ₹74.18 Cr | 0.29% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.04 Cr | 0.29% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.02 Cr | 0.29% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹73.98 Cr | 0.29% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹73.96 Cr | 0.29% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹73.95 Cr | 0.29% |
| LIC Housing Finance Limited | Cash - Commercial Paper | ₹49.25 Cr | 0.19% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹49.2 Cr | 0.19% |
| Tata Realty And Infrastructure Limited | Cash - Commercial Paper | ₹34.44 Cr | 0.14% |
| 0% GOI - 15122024 STRIPS | Bond - Gov't/Treasury | ₹23.38 Cr | 0.09% |
| 182 DTB 24102024 | Bond - Gov't/Treasury | ₹14.94 Cr | 0.06% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹12,247.59 Cr | 48.47% |
| Cash - CD/Time Deposit | ₹9,144.8 Cr | 36.19% |
| Bond - Gov't/Treasury | ₹4,412.21 Cr | 17.46% |
| Cash | ₹-2,408.5 Cr | 9.53% |
| Bond - Corporate Bond | ₹1,302.23 Cr | 5.15% |
| Bond - Short-term Government Bills | ₹493.17 Cr | 1.95% |
| Mutual Fund - Open End | ₹77.19 Cr | 0.31% |
Risk & Performance Ratios
Standard Deviation
This fund
0.44%
Cat. avg.
0.61%
Lower the better
Sharpe Ratio
This fund
1.45
Cat. avg.
-1.35
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.68
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th September 2024
ISIN INF846K01CX4 | Expense Ratio 0.15% | Exit Load No Charges | Fund Size ₹25,269 Cr | Age 11 years 9 months | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹3940.75 Cr | 7.4% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹78.19 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹872.88 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹872.88 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹377.49 Cr | 5.9% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹15196.33 Cr | 7.4% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹281.62 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹724.63 Cr | 7.3% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹724.63 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹281.62 Cr | 7.2% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,14,919 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
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Liquid Fund Direct Growth?
The NAV of Axis Liquid Fund Direct Growth, as of 22-Oct-2024, is ₹2793.53.
What are the returns of Axis Liquid Fund Direct Growth?
The fund has generated 7.49% over the last 1 year and 6.28% 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 99.69% 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.
Trending Mutual Funds Searches
Popular Equity Funds
Popular Debt Funds
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.