Axis Liquid Fund Growth+0.01%

5Groww
7.25%
1 Year Return
Debt
Liquid
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Liquid Fund Growth

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.16%
NAV2130.46 (20 Sep 2019)
Fund Started09 Oct 2009
Fund Size29,296 Cr

Fund Overview

Quick overview of Axis Liquid Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Axis Liquid Fund Growth
7.3%
7.1%
7.5%
7.9%
Category Average
6.9%
6.8%
7.3%
-
Rank within category
8
5
9
-
*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 7.3% 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
    Reserve Bank of IndiaFinancialCMB3.8%
    Reliance Jio Infocomm Ltd.CommunicationCP3.4%
    Reserve Bank of IndiaFinancialT-Bills3.4%
    Reserve Bank of IndiaFinancialT-Bills3.4%
    Housing Development Finance Corpn. Ltd.FinancialCP3.4%
    Chennai Petroleum Corpn. Ltd.EnergyCP3.3%
    Hindustan Petroleum Corpn. Ltd.EnergyCP3.3%
    National Fertilizers Ltd.ChemicalsCP2.8%
    Reliance Retail Ltd.ServicesCP2.7%
    Indian Railway Finance Corpn. Ltd.FinancialCP2.6%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with Deutsche Asset Management (India) Pvt. Ltd. and n 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 Fund Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 09 Oct 2009. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹29,296 Cr and the Latest NAV as of 20 Sep 2019 is ₹2130.46.

    The Axis Liquid Fund Growth is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 500. Nil.

    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)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    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,
    Invest Now
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