Axis Liquid Fund Direct Growth

Axis Liquid Fund Direct Growth

NAV as on 30-03-2025

₹ 2883.06

Inception Returns

6.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1851 people have invested ₹ 20Cr in Axis Liquid Fund Direct Growth in the last three months

About Axis Liquid Fund Direct Growth

Axis Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Devang Shah, Sachin Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Liquid Fund Direct Growth has ₹44666 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

Axis Liquid Fund Direct Growth has given a CAGR return of 6.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.45%, 6.85% and 5.52% respectively.

Holdings

Axis Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 91 Days Tbill, Canara Bank, Export-Import Bank of India, National Bank for Agriculture and Rural Development, 91 DTB 28032025

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Liquid Fund Direct Growth

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 0.00. Axis Liquid Fund Direct Growth has no lock in period.

Axis Liquid Fund Direct Growth Overview

Expense ratio0.09%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹44666 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/--
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
549.99%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (30-Mar-25)

Period
Axis Liquid Fund Direct Growth
Liquid Index
1M
0.7%
0.5%
3M
1.9%
1.5%
6M
3.6%
2.9%
1Y
7.4%
6.6%
3Y
6.8%
6.3%
5Y
5.5%
5.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Cash Equivalent
72.2%
Corporate
26.3%
Government
1.4%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 42.9K Cr
₹ 43K Cr
₹ 30.9K Cr
  • AUM of the fund stands at 42.9K Cr as of Feb'25
  • AUM decreased by 167 Cr between Feb'25 and Jan'25
Top Stocks bought last month
LIC Housing Finance Ltd's allocation increased from 0.02% to 0.24%
LIC Housing Finance Ltd's allocation increased from 0.02% to 0.24%
LIC Housing Finance Ltd's allocation increased from 0.08% to 0.18%
LIC Housing Finance Ltd's allocation increased from 0.08% to 0.18%
Rural Electrification Corporation Limited's allocation increased from 0.11% to 0.13%
Rural Electrification Corporation Limited's allocation increased from 0.11% to 0.13%
Top Stocks sold last month
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 0.16 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 0.16 %
National Bank For Agriculture And Rural Development's allocation decreased from 2.56 % to 0.16 %
National Bank For Agriculture And Rural Development's allocation decreased from 2.56 % to 0.16 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 0.16 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 0.16 %
Cash allocation has gone down from 99.8% to 99.8%
Cash allocation has gone down from 99.8% to 99.8%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
26%
Government
1%
Jan'25
Corporate
23%
Government
  • Debt & Cash

Holdings
Weight%
1M Change
91 Days Tbill
91 Days Tbill
3.96%
0%
Canara Bank
Canara Bank
3.3%
100%
Export-Import Bank of India
Export-Import Bank of India
3.24%
100%
National Bank for Agriculture and Rural Development
National Bank for Agriculture and Rural Development
2.72%
100%
91 DTB 28032025
91 DTB 28032025
2.68%
0%
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Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Liquid Fund Direct Growth, since 13 August 2016
Devang Shah
Devang Shah
Fund Manager of Axis Liquid Fund Direct Growth, since 5 November 2012
Sachin Jain
Sachin Jain
Fund Manager of Axis Liquid Fund Direct Growth, since 3 July 2023
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.22L Cr
as on 28-Feb-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.09% which is lower than the category average expense ratio of 0.26%.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.84% return, outperforming this fund by 0.31% per annum.
Insights icon
Over the last 3 months, this fund has decreased expense ratio by 40.0% moving from 0.15 to 0.09.
Insights icon
Over the last 3 months, this fund has experienced a 28.8% growth in AUM moving from 34.67K Cr to 44.66K Cr.
Insights icon
In the last 1 year, Sundaram Liquid Fund -Direct Plan - Growth Option has given 7.48% return, outperforming this fund by 0.03%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.86% return, outperforming this fund by 0.02% per annum.

Axis Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.9% since inception which is more than its category average return of 4.99%
AUM size ₹44666 Cr

AUM size ₹44666 Cr

This fund has AUM of ₹44666 Cr which is more than its category average of ₹ 15212 Cr
Expense Ratio 0.09%

Expense Ratio 0.09%

This fund has an expense ratio of 0.09% which is less than its category average expense ratio of 0.23%

More funds from Axis

Axis Gilt Fund Direct Plan Growth Option

Axis Gilt Fund Direct Plan Growth Option

5Y CAGR

▲ 7.24

Axis Floater Fund Direct Growth

Axis Floater Fund Direct Growth

3Y CAGR

▲ 8.02

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

1Y CAGR

▲ 9.89

Axis Long Duration Fund Direct Growth

Axis Long Duration Fund Direct Growth

1Y CAGR

▲ 9.69

Axis Strategic Bond Fund Direct Growth Option

Axis Strategic Bond Fund Direct Growth Option

5Y CAGR

▲ 7.71

Frequently Asked Questions for Axis Liquid Fund Direct Growth

The current NAV of Axis Liquid Fund Direct Growth is ₹2883.06 as on 30-Mar-2025.
Existing (Absolute + CAGR) as on 30-Mar-2025.
Axis Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
3.64%
3.64%
1 Year Returns
7.45%
7.45%
3 Years Returns
21.98%
6.85%
5 Years Returns
30.84%
5.52%
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.
0.09% as on March 2025
₹44666 Cr as on March 2025
91 Days Tbill(3.96%), Canara Bank(3.3%), Export-Import Bank of India(3.24%), National Bank for Agriculture and Rural Development(2.72%), 91 DTB 28032025(2.68%) as on March 2025
Cash Equivalent(74.24%), Corporate(16.7%), Government(9.06%) as on March 2025
Yield to Maturity is 7.17 as on March 2025. 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 0.11 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Aditya Pagaria, Devang Shah, Sachin Jain are the fund managers of Axis Liquid Fund Direct Growth
The Exit load of Axis Liquid Fund Direct Growth is 0.01%