|Min SIP Amount||Not Supported|
|NAV||₹2233.03 (13 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹27,032 Cr|
|Reserve Bank of India||Financial||T-Bills||17.8%|
|Reserve Bank of India||Financial||T-Bills||8.3%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.2%|
|Reliance Industries Ltd.||Energy||CP||2.5%|
|Reserve Bank of India||Financial||T-Bills||2.0%|
|Union Bank of India||Financial||CD||1.8%|
|Reserve Bank of India||Financial||T-Bills||1.7%|
|Federal Bank Ltd.||Financial||CD||1.7%|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||1.7%|
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 ₹27,032 Cr and the Latest NAV as of 13 Jul 2020 is ₹2233.03.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.