|Min SIP Amount||Not Supported|
|NAV||₹1002.31 (05 Aug 2020)|
|Fund Started||06 Feb 2013|
|Fund Size||₹27,032 Cr|
|Reserve Bank of India||Financial||T-Bills||20.4%|
|Reserve Bank of India||Financial||T-Bills||6.0%|
|Reserve Bank of India||Financial||T-Bills||5.0%|
|Reliance Industries Ltd.||Energy||CP||4.6%|
|Reserve Bank of India||Financial||T-Bills||3.7%|
|Larsen & Toubro Ltd.||Construction||CP||3.4%|
|National Housing Bank||Financial||CP||2.8%|
|Reliance Jio Infocomm Ltd.||Communication||CP||1.9%|
|Ultratech Cement Ltd.||Construction||CP||1.8%|
|Reliance Jio Infocomm Ltd.||Communication||CP||1.8%|
Axis Liquid Direct Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 06 Feb 2013. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Direct Fund Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹27,032 Cr and the Latest NAV as of 05 Aug 2020 is ₹1002.31.
The Axis Liquid Direct Fund Dividend Weekly is rated 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.
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.