Axis Liquid Fund Direct Plan Growth Option
Debt
Direct
Liquid
NAV: ₹ 2708.59 as on 16-05-2024
About the Fund
Axis Liquid Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devang Shah, Sachin Jain, Aditya Pagaria. This fund is suitable to keep your money safe.
Key Parameters
- Axis Liquid Fund Direct Plan Growth Option has ₹32648 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Fund Performance
1047 people have invested ₹ 43.4Cr in Axis Liquid Fund Direct Plan Growth Option in the last three months
Overview
 | 0.17% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹32648 Cr |
 | 1 January, 2013 |
 | ₹500/-- |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 510.81% |
Axis Liquid Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
67.1%
Corporate
23.3%
Government
9.5%
Top Holdings of Axis Liquid Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings108
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Punjab National Bank | 4.24% | 0% | |
182 DTB 16052024 | 3.67% | 0% | |
Small Industries Development Bank Of India | 3.44% | 15.3% | |
Indusind Bank Ltd. | 3.41% | 0% | |
91 DTB 23052024 | 3.11% | 36% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 32.6K Cr as of Apr'24
- AUM increased by 10.5K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 1 year, this fund has increased expense ratio by 13.3% moving from 0.15 to 0.17.
Over the last 1 month, this fund has experienced a 47.3% growth in AUM moving from 22.16K Cr to 32.64K Cr.
This fund expense ratio is slightly on the lower side within the category (liquid). Its expense ratio is 0.17% which is lower than the category average expense ratio of 0.26%.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.08% per annum.
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.06%.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.47% per annum.
Peer Analysis
Fund Manager
Devang Shah
Fund Manager of Axis Liquid Fund Direct Plan Growth Option, since 5 November 2012
Top funds managed
Sachin Jain
Fund Manager of Axis Liquid Fund Direct Plan Growth Option, since 3 July 2023
Top funds managed
Aditya Pagaria
Fund Manager of Axis Liquid Fund Direct Plan Growth Option, since 13 August 2016
Top funds managed
Axis Liquid Fund Direct Plan Growth Option Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.86% since inception which is more than its category average return of 4.81%
AUM size ₹32648 Cr
This fund has AUM of ₹32648 Cr which is more than its category average of ₹ 12184 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Axis Liquid Fund Direct Plan Growth Option is ₹2708.59 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Axis Liquid Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.73% | 3.73% |
1 Year Returns | 7.36% | 7.36% |
3 Years Returns | 18.05% | 5.69% |
5 Years Returns | 29.46% | 5.3% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.17% as on April 2024
₹32648 Cr as on April 2024
Punjab National Bank(4.24%), 182 DTB 16052024(3.67%), Small Industries Development Bank Of India(3.44%), Indusind Bank Ltd.(3.41%), 91 DTB 23052024(3.11%) as on April 2024
Cash Equivalent(67.14%), Corporate(23.35%), Government(9.52%) as on April 2024
Yield to Maturity is 7.41 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.12 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Devang Shah, Sachin Jain, Aditya Pagaria are the fund managers of Axis Liquid Fund Direct Plan Growth Option
The Exit load of Axis Liquid Fund Direct Plan Growth Option is 0.01%