Fund Details
Axis Liquid Fund Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.25% |
| NAV | ₹1001.40 (24 Jan 2021) |
|---|---|
| Fund Started | 09 Oct 2009 |
| Fund Size | ₹25,742 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Risk is lower compared to the benchmark
3. Age is more than 3 years
4. 1Y Returns are higher than the category average returns
5. 3Y Returns are higher than the category average returns
6. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.2% |
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| Larsen & Toubro Ltd. | Construction | CP | 3.9% |
| Larsen & Toubro Ltd. | Construction | CP | 2.9% |
| Reserve Bank of India | Financial | T-Bills | 2.1% |
| Reliance Industries Ltd. | Energy | CP | 1.9% |
| Ultratech Cement Ltd. | Construction | CP | 1.9% |
| Reserve Bank of India | Financial | T-Bills | 1.9% |
| Reliance Retail Ventures Ltd. | Services | CP | 1.9% |
| Larsen & Toubro Ltd. | Construction | CP | 1.9% |
Fund Managers
Axis Liquid Fund Dividend Daily Details
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 ₹25,742 Cr and the Latest NAV as of 24 Jan 2021 is ₹1001.40.
The Axis Liquid Fund Dividend Daily is rated Moderately 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.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
