Axis Liquid Direct Fund Dividend Weekly+0.01%

3Groww
7.19%
1 Year Return
Debt
Liquid
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Liquid Direct Fund Dividend Weekly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.11%
NAV1002.71 (18 Oct 2019)
Fund Started06 Feb 2013
Fund Size24,004 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Liquid Direct Fund Dividend Weekly
7.2%
7.1%
7.6%
8.0%
Category Average
6.8%
6.7%
7.3%
-
Rank within category
15
9
10
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 7.2% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount

    Top Holdings

    NameSectorInstrument% Assets
    Syndicate BankFinancialCD5.4%
    Reserve Bank of IndiaFinancialT-Bills2.9%
    Indian Oil Corpn. Ltd.EnergyCP2.6%
    Canara BankFinancialCD2.5%
    Reserve Bank of IndiaFinancialT-Bills2.3%
    Indian Oil Corpn. Ltd.EnergyCP2.1%
    Canara BankFinancialCD2.1%
    Chennai Petroleum Corpn. Ltd.EnergyCP2.1%
    ICICI Bank Ltd.FinancialBR1.6%
    Indian Oil Corpn. Ltd.EnergyCP1.6%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed
    addAditya Pagaria
    Education
    Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
    Experience
    Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
    Funds Managed

    Other Details

    Axis Liquid Direct Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 06 Feb 2013. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Direct Fund Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹24,004 Cr and the Latest NAV as of 18 Oct 2019 is ₹1002.71.

    The Axis Liquid Direct Fund Dividend Weekly is rated Low risk. Minimum SIP Investment is 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

    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.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    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.
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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