| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.25% |
| NAV | ₹1001.40 (27 Oct 2020) |
|---|---|
| Fund Started | 09 Oct 2009 |
| Fund Size | ₹24,817 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | CP | 8.0% |
| Reserve Bank of India | Financial | T-Bills | 6.5% |
| Reserve Bank of India | Financial | T-Bills | 6.0% |
| Reserve Bank of India | Financial | T-Bills | 5.4% |
| Reserve Bank of India | Financial | T-Bills | 5.2% |
| Reserve Bank of India | Financial | T-Bills | 4.8% |
| Reserve Bank of India | Financial | T-Bills | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.0% |
| Reserve Bank of India | Financial | T-Bills | 3.0% |
Axis Liquid Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 09 Oct 2009. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹24,817 Cr and the Latest NAV as of 27 Oct 2020 is ₹1001.40.
The Axis Liquid Fund Dividend Daily is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.