| Risk | Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.15% |
| NAV | ₹2247.46 (24 Sep 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹28,818 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 7.6% |
| Reserve Bank of India | Financial | T-Bills | 5.2% |
| Reserve Bank of India | Financial | T-Bills | 5.0% |
| Reserve Bank of India | Financial | T-Bills | 4.1% |
| Reserve Bank of India | Financial | T-Bills | 4.0% |
| Reserve Bank of India | Financial | T-Bills | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 3.4% |
| National Housing Bank | Financial | CP | 2.6% |
| Reserve Bank of India | Financial | T-Bills | 2.5% |
| Reserve Bank of India | Financial | T-Bills | 1.8% |
Axis Liquid Direct Fund Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹28,818 Cr and the Latest NAV as of 24 Sep 2020 is ₹2247.46.
The Axis Liquid Direct Fund Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. 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.