Axis Liquid Fund

Axis Liquid Fund

Debt

Axis Mutual Fund

Liquid

Get the latest NAV of Axis Liquid Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹3057.50

NAV as on 19 Mar 2026

6.86%/per year

Since Inception

Absolute Gain%

▲▼

9370 people have invested ₹ 57.7Cr in Axis Liquid Fund in the last three months

Axis Liquid Fund Performance vs. Liquid Index

Fund returns vs Benchmark returns vs Category Average returns as on (19-Mar-26)

The fund has consistently outperformed the benchmark (Liquid Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.43%
1.48%
2.95%
6.39%
7.03%
6.03%
Liquid Index
0.34%
1.21%
2.48%
5.51%
5.58%
4.95%
Liquid Avg
0.34%
1.22%
2.57%
5.64%
6.32%
5.43%
Best in Liquid
0.44%
1.49%
2.96%
6.41%
7.05%
6.09%
Worst in Liquid
0.02%
0%
2.71%
5.83%
6.58%
5.64%
Category Rank
6/24
8/22
11/24
13/23
12/22
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Axis Liquid Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

2
/24
79% Performance
36% Risk Management
75% Cost

Ranked 2 out of 24 mutual funds in the liquid category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Liquid Fund
2/24
43,636Cr
0.11%
6.39%
7.03%
0.02
1.43
3.35
32.39
2.24
DSP Liquidity Fund
1/24
21,058Cr
0.12%
6.38%
7.01%
0.01
1.38
3.32
25.57
2.07
Bandhan Liquid Fund
3/24
17,384Cr
0.07%
6.3%
6.98%
-0.02
1.40
3.12
18.92
1.68
PGIM India Liquid Fund
4/24
677Cr
0.12%
6.38%
7.02%
0.03
1.35
3.43
40.08
2.20
See all

Axis Liquid Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
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Axis Liquid Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
100%
Cash allocation has gone up from 99.7% to 99.8%
Cash allocation has gone up from 99.7% to 99.8%

Axis Liquid Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Cash Equivalent
82.1%
Corporate
12.5%
Government
5.5%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

13%

Government

3%

Jan'26

Corporate

25%

Government

2%

Axis Liquid Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.11%
Benchmark
Nifty Liquid Index TR INR
AUM₹43636 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
534.87%
Risk
Risk meter
pointer
Moderate Risk

About Axis Liquid Fund

Axis Liquid Fund 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

  1. Axis Liquid Fund has ₹43636 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

Axis Liquid Fund has given a CAGR return of 6.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.39%, 7.03% and 6.03% respectively.

Holdings

Axis Liquid Fund has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Small Industries Development Bank of India, Union Bank of India, National Bank For Agriculture And Rural Development, 27/03/2026 Maturing 91 DTB, National Bank For Agriculture & Rural Development

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

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 100.00 and for SIP is INR 100.00. Axis Liquid Fund has no lock in period.

Fund Manager

Devang Shah

Fund Manager of Axis Liquid Fund, since 5 November 2012

Sachin Jain

Fund Manager of Axis Liquid Fund, since 3 July 2023

Aditya Pagaria

Fund Manager of Axis Liquid Fund, since 13 August 2016

Learn more about Axis Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 43.6K Cr
₹ 39K Cr
₹ 35.7K Cr
  • AUM of the fund stands at 43.6K Cr as of Feb'26
  • AUM increased by 4.6K Cr between Feb'26 and Jan'26

Frequently Asked Questions for Axis Liquid Fund

How do I invest in Axis Liquid Fund?

INDmoney makes it simple to invest in the Axis Liquid Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Liquid Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Axis Liquid Fund?

The NAV of the fund today is ₹3057.50. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Liquid Fund fund has generated a return of 6.39% in 1 year, 7.03% in 3 years, 6.03% in 5 years.

Who is the fund manager of Axis Liquid Fund?

The fund managers are Devang Shah, Sachin Jain, Aditya Pagaria.

What is the exit load of the fund?

The exit load is 0.007% if redeemed in 0-1 Days, 0.0065% if redeemed in 1-2 Days, 0.006% if redeemed in 2-3 Days, 0.0055% if redeemed in 3-4 Days, 0.005% if redeemed in 4-5 Days, 0.0045% if redeemed in 5-6 Days. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.11%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹43636 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Liquid Fund?

The top 3 holdings of the fund are Small Industries Development Bank of India(3.88%), Union Bank of India(3.39%), National Bank For Agriculture And Rural Development(3.39%)