Historical NAV & Returns
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 Devang Shah, Aditya Pagaria, Sachin Jain. This fund is suitable to keep your money safe.
Key Parameters
- Axis Liquid Fund Direct Growth has ₹32609 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Axis Liquid Fund Direct Growth has given a CAGR return of 6.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.43%, 6.93% and 5.54% 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, Reliance Retail Ventures Limited
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 ratio | 0.09% |
Benchmark | Nifty Liquid Index TR INR |
| AUM | ₹32609 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/-- |
Exit Load | 0.0% |
| Lock In | No Lock-in |
TurnOver | 549.99% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (20-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 32.6K Cr as of Mar'25
- AUM decreased by 10.3K Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 Days Tbill | 5.45% | 0% | |
Canara Bank | 4.54% | 100% | |
Export-Import Bank of India | 4.31% | -3.4% | |
National Bank for Agriculture and Rural Development | 3.74% | 0% | |
Reliance Retail Ventures Limited | 3.11% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Axis Liquid Fund Direct Growth | 7.43% | 6.93% | 5.54% | 6.91% |
 Groww Liquid Fund Direct Plan Growth Option | 7.46% | 6.79% | 5.37% | 6.85% |
 Aditya Birla Sun Life Liquid Direct Plan Growth | 7.44% | 6.95% | 5.58% | 6.95% |
 ICICI Prudential Liquid Fund Direct Plan Growth | 7.38% | 6.87% | 5.52% | 6.89% |
Mutual Fund Insights
Axis Liquid Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹32609 Cr
Expense Ratio 0.09%
More funds from Axis
1Y CAGR
▲ 12.44
5Y CAGR
▲ 7.29
3Y CAGR
▲ 8.48
5Y CAGR
▲ 7.24
Frequently Asked Questions for Axis Liquid Fund Direct Growth
Axis Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.71% | 3.71% |
1 Year Returns | 7.43% | 7.43% |
3 Years Returns | 22.25% | 6.93% |
- 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.
AAA | 100 |