Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl

Debt
Direct
Liquid
Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl

About the Fund

Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 7 February, 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 Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl has ₹23260 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl has given a CAGR return of 5.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.69%, 5.34% and 4.71% respectively.

Holdings

Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Export-Import Bank Of India, 91 DTB 08082024, 91 DTB 25072024, National Bank For Agriculture And Rural Development, Small Industries Development Bank Of India

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl

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 5000.00 and for SIP is INR 0.00. Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.17%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹23260 Cr
Inception Date7 February, 2013
Min Lumpsum/SIP₹5000/--
Exit Load
0.007%
Lock InNo Lock-in
TurnOver
510.81%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
67.5%
Corporate
18.8%
Government
13.8%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Export-Import Bank Of India
Export-Import Bank Of India
6.25%
0%
91 DTB 08082024
91 DTB 08082024
4.55%
0%
91 DTB 25072024
91 DTB 25072024
4.45%
372.7%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.26%
100%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.24%
0%

Devang Shah
Devang Shah
Fund Manager of Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl, since 5 November 2012
Sachin Jain
Sachin Jain
Fund Manager of Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl, since 3 July 2023
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl, since 13 August 2016

Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl 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 5.37% since inception which is more than its category average return of 4.98%
AUM size ₹23260 Cr

AUM size ₹23260 Cr

This fund has AUM of ₹23260 Cr which is more than its category average of ₹ 11850 Cr
Expense Ratio 0.17%

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 Weekly Reinvst of Inc Dis cum Cap Wdrl is ₹1002.89 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.04%
0.04%
6 Month Returns
2.06%
2.06%
1 Year Returns
5.69%
5.69%
3 Years Returns
16.89%
5.34%
5 Years Returns
25.89%
4.71%
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 June 2024
₹23260 Cr as on June 2024
Export-Import Bank Of India(6.25%), 91 DTB 08082024(4.55%), 91 DTB 25072024(4.45%), National Bank For Agriculture And Rural Development(4.26%), Small Industries Development Bank Of India(4.24%) as on June 2024
Cash Equivalent(71.93%), Corporate(24.92%), Government(3.14%) as on June 2024
Yield to Maturity is 7.16 as on June 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 0.13 as on June 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 Weekly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Liquid Fund Direct Plan Weekly Reinvst of Inc Dis cum Cap Wdrl is 0.01%