Fund Details
Axis Liquid Fund IDCW Daily
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.25% |
| NAV | ₹1001.40 (25 Jul 2021) |
|---|---|
| Fund Started | 09 Oct 2009 |
| Fund Size | ₹24,177 Cr |
Returns
Comparison
1. Age is more than 3 years
2. 3Y 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 category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.5% |
| Reserve Bank of India | Financial | T-Bills | 6.6% |
| Reserve Bank of India | Financial | T-Bills | 6.5% |
| Reserve Bank of India | Financial | T-Bills | 4.4% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
| Reliance Industries Ltd. | Energy | CP | 3.1% |
| Tata Steel Ltd. | Metals | CP | 3.1% |
| Export-Import Bank Of India | Financial | CD | 2.9% |
| Reserve Bank of India | Financial | T-Bills | 2.4% |
| Reliance Retail Ventures Ltd. | Services | CP | 2.1% |
Fund Managers
Axis Liquid Fund IDCW Daily Details
Axis Liquid Fund IDCW 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 IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹24,177 Cr and the Latest NAV as of 25 Jul 2021 is ₹1001.40.
The Axis Liquid Fund IDCW Daily is rated Moderate 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.
