Fund Details
Axis Liquid Direct Fund Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.18% |
| NAV | ₹2260.43 (25 Nov 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹26,509 Cr |
Fund Overview
Returns
as per Historical Returns
Comparison
1. Age is more than 3 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | CP | 7.5% |
| Reserve Bank of India | Financial | T-Bills | 7.0% |
| Reserve Bank of India | Financial | T-Bills | 6.4% |
| Reserve Bank of India | Financial | T-Bills | 5.4% |
| Reserve Bank of India | Financial | T-Bills | 5.1% |
| Reserve Bank of India | Financial | T-Bills | 4.9% |
| Reserve Bank of India | Financial | T-Bills | 4.2% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 3.8% |
| Reserve Bank of India | Financial | T-Bills | 2.9% |
Fund Managers
Axis Liquid Direct Fund Growth Details
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 ₹26,509 Cr and the Latest NAV as of 25 Nov 2020 is ₹2260.43.
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.
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.
