Fund Overview
Fund Size
₹29,925 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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2746.02, Assets Under Management (AUM) of 29924.59 Crores, and an expense ratio of 0.17%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹2746.02, Assets Under Management (AUM) of 29924.59 Crores, and an expense ratio of 0.17%.
- Axis Liquid Fund Direct Growth has given a CAGR return of 6.87% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 99.74% 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
+7.42%
+6.03% (Cat Avg.)
3 Years
+5.95%
+5.13% (Cat Avg.)
5 Years
+5.31%
+4.36% (Cat Avg.)
10 Years
+6.50%
+5.13% (Cat Avg.)
Since Inception
+6.87%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Others | ₹29,924.59 Cr | 100.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Indian Bank | Cash - CD/Time Deposit | ₹1,231.5 Cr | 4.12% |
| 91 DTB 08082024 | Bond - Gov't/Treasury | ₹1,060.62 Cr | 3.54% |
| 91 DTB 25072024 | Bond - Gov't/Treasury | ₹1,038.32 Cr | 3.47% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹989.13 Cr | 3.31% |
| Canara Bank | Cash - CD/Time Deposit | ₹969.79 Cr | 3.24% |
| Indian Bank | Cash - CD/Time Deposit | ₹967.5 Cr | 3.23% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹914.82 Cr | 3.06% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹888.71 Cr | 2.97% |
| 91 DTB 02082024 | Bond - Gov't/Treasury | ₹847.41 Cr | 2.83% |
| 91 DTB 15082024 | Bond - Gov't/Treasury | ₹770.9 Cr | 2.58% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹743.11 Cr | 2.48% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹739.52 Cr | 2.47% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹642.96 Cr | 2.15% |
| India (Republic of) | Bond - Short-term Government Bills | ₹602.51 Cr | 2.01% |
| Tata Global Beverages Limited | Cash - Commercial Paper | ₹598.29 Cr | 2.00% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹543.69 Cr | 1.82% |
| Cholamandalam Investment And Fin. Co. Ltd | Cash - Commercial Paper | ₹496.14 Cr | 1.66% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹496.06 Cr | 1.66% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹496.04 Cr | 1.66% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹495.96 Cr | 1.66% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹495.82 Cr | 1.66% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹495.21 Cr | 1.65% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹495.02 Cr | 1.65% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹494.57 Cr | 1.65% |
| 182 DTB 26102024 | Bond - Gov't/Treasury | ₹493.58 Cr | 1.65% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹492.6 Cr | 1.65% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹445 Cr | 1.49% |
| Poonawalla Fincorp Limited | Cash - Commercial Paper | ₹397.64 Cr | 1.33% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹396.9 Cr | 1.33% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹347.5 Cr | 1.16% |
| Tata Capital Limited | Cash - Commercial Paper | ₹346.3 Cr | 1.16% |
| Bajaj Housing Finance Limited | Cash - Commercial Paper | ₹299.83 Cr | 1.00% |
| Aditya Birla Fashion And Retail Limited | Cash - Commercial Paper | ₹298.3 Cr | 1.00% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹298.1 Cr | 1.00% |
| National Housing Bank | Cash - Commercial Paper | ₹297.58 Cr | 0.99% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹297.19 Cr | 0.99% |
| Tata Capital Housing Finance Ltd. | Cash - Commercial Paper | ₹295.9 Cr | 0.99% |
| Tata Global Beverages Limited | Cash - Commercial Paper | ₹277.58 Cr | 0.93% |
| 191 DTB 19072024 | Bond - Gov't/Treasury | ₹254.86 Cr | 0.85% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹248.83 Cr | 0.83% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹248.66 Cr | 0.83% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹248.07 Cr | 0.83% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹247.85 Cr | 0.83% |
| ICICI Securities Limited | Cash - Commercial Paper | ₹247.54 Cr | 0.83% |
| Poonawalla Fincorp Limited | Cash - Commercial Paper | ₹247.38 Cr | 0.83% |
| Tata Capital Housing Finance Limited | Cash - Commercial Paper | ₹247.21 Cr | 0.83% |
| Titan Company Limited | Cash - Commercial Paper | ₹247.18 Cr | 0.83% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹246.17 Cr | 0.82% |
| Bharti Airtel Limited | Cash - Commercial Paper | ₹232.32 Cr | 0.78% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹223.19 Cr | 0.75% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹199.44 Cr | 0.67% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹199.14 Cr | 0.67% |
| Sikka Ports And Terminals Limited | Cash - Commercial Paper | ₹199.1 Cr | 0.67% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹197.92 Cr | 0.66% |
| Small Industries Development Bank Of India** | Cash - Commercial Paper | ₹197.86 Cr | 0.66% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹197.75 Cr | 0.66% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹197.07 Cr | 0.66% |
| Tata Realty And Infrastructure Limited | Cash - Commercial Paper | ₹183.12 Cr | 0.61% |
| 364 DTB 16082024 | Bond - Gov't/Treasury | ₹164.08 Cr | 0.55% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹149.13 Cr | 0.50% |
| Tata Capital Limited | Cash - Commercial Paper | ₹148.85 Cr | 0.50% |
| Tata Motors Finance Solutions Limited | Cash - Commercial Paper | ₹148.75 Cr | 0.50% |
| Carat Lane Trading Pvt Limited | Cash - Commercial Paper | ₹148.36 Cr | 0.50% |
| India (Republic of) | Bond - Short-term Government Bills | ₹143.13 Cr | 0.48% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹110.01 Cr | 0.37% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹100 Cr | 0.33% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹99.75 Cr | 0.33% |
| Shriram Finance Limited | Cash - Commercial Paper | ₹99.58 Cr | 0.33% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹99.35 Cr | 0.33% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹99.14 Cr | 0.33% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹99.13 Cr | 0.33% |
| Hinduja Leyland Finance Limited | Cash - Commercial Paper | ₹99.12 Cr | 0.33% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹98.99 Cr | 0.33% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹98.91 Cr | 0.33% |
| Nuvoco Vistas Corporation Limited | Cash - Commercial Paper | ₹98.8 Cr | 0.33% |
| 91 DTB 26092024 | Bond - Gov't/Treasury | ₹98.71 Cr | 0.33% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹76.47 Cr | 0.26% |
| Tata Power Renewable Energy Limited** | Cash - Commercial Paper | ₹74.96 Cr | 0.25% |
| ICICI Securities Primary Dealership Ltd | Cash - Commercial Paper | ₹74.56 Cr | 0.25% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.3 Cr | 0.25% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.29 Cr | 0.25% |
| Godrej Industries Limited | Cash - Commercial Paper | ₹74.27 Cr | 0.25% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.98 Cr | 0.17% |
| Standard Chartered Investments And Loans (India) Limited | Cash - Commercial Paper | ₹49.63 Cr | 0.17% |
| Aditya Birla Housing Finance Limited | Cash - Commercial Paper | ₹49.58 Cr | 0.17% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.42 Cr | 0.17% |
| Godrej Properties Limited | Cash - Commercial Paper | ₹39.61 Cr | 0.13% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹38.26 Cr | 0.13% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.04 Cr | 0.08% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.87 Cr | 0.08% |
| Net Receivables / (Payables) | Cash - Collateral | ₹22.33 Cr | 0.07% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.95 Cr | 0.03% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹5.01 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - Commercial Paper | ₹16,022.22 Cr | 53.54% |
| Cash - CD/Time Deposit | ₹7,545.74 Cr | 25.22% |
| Bond - Gov't/Treasury | ₹5,224.52 Cr | 17.46% |
| Bond - Short-term Government Bills | ₹805.01 Cr | 2.69% |
| Bond - Corporate Bond | ₹190.05 Cr | 0.64% |
| Mutual Fund - Open End | ₹76.47 Cr | 0.26% |
| Cash - Repurchase Agreement | ₹38.26 Cr | 0.13% |
| Cash - Collateral | ₹22.33 Cr | 0.07% |
Risk & Performance Ratios
Standard Deviation
This fund
0.47%
Cat. avg.
0.51%
Lower the better
Sharpe Ratio
This fund
1.13
Cat. avg.
-2.13
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-1.01
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th July 2024
ISIN | INF846K01CX4 | Expense Ratio | 0.17% | Exit Load | No Charges | Fund Size | ₹29,925 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% | ₹3944.51 Cr | 7.3% |
| Navi Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.67 Cr | 6.9% |
| Motilal Oswal Liquid Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹691.18 Cr | 6.9% |
| Motilal Oswal Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹691.18 Cr | 7.1% |
| Kotak Nifty 1D Rate Liquid ETF Low Risk | 0.2% | - | ₹46.64 Cr | 6.0% |
| Invesco India Liquid Fund Regular Growth Low to Moderate Risk | 0.2% | 0.0% | ₹11115.36 Cr | 7.3% |
| TrustMF Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹195.04 Cr | 7.4% |
| 360 ONE Liquid Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹963.86 Cr | 7.2% |
| 360 ONE Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹963.86 Cr | 7.2% |
| TrustMF Liquid Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.04 Cr | 7.2% |
About the AMC
Total AUM
₹2,86,505 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 Moderate Risk
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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 25-Jul-2024, is ₹2746.02.
What are the returns of Axis Liquid Fund Direct Growth?
The fund has generated 7.42% over the last 1 year and 5.95% 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 99.74% 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.