Axis Liquid Fund Retail Dividend Monthly+0.01%

2
5.27%
1 Year Return
Debt
Liquid
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Liquid Fund Retail Dividend Monthly

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.74%
NAV1001.36 (05 Aug 2020)
Fund Started09 Mar 2010
Fund Size27,032 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Liquid Fund Retail Dividend Monthly
5.3%
6.6%
6.9%
7.7%
Category Average
5.4%
6.4%
6.8%
-
Rank within category
7
4
6
-
*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
    0
    with 5.3% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. Risk is lower compared to the benchmark
    Cons
    1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills20.4%
    Reserve Bank of IndiaFinancialT-Bills6.0%
    Reserve Bank of IndiaFinancialT-Bills5.0%
    Reliance Industries Ltd.EnergyCP4.6%
    Reserve Bank of IndiaFinancialT-Bills3.7%
    Larsen & Toubro Ltd.ConstructionCP3.4%
    National Housing BankFinancialCP2.8%
    Reliance Jio Infocomm Ltd.CommunicationCP1.9%
    Ultratech Cement Ltd.ConstructionCP1.8%
    Reliance Jio Infocomm Ltd.CommunicationCP1.8%
    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

    Axis Liquid Fund Retail Dividend Monthly Details

    Axis Liquid Fund Retail Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 09 Mar 2010. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Fund Retail Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹27,032 Cr and the Latest NAV as of 05 Aug 2020 is ₹1001.36.

    The Axis Liquid Fund Retail Dividend Monthly is rated Low risk. Minimum SIP Investment is set to 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

    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)

    Not Supported
    Min for First Investment
    Not Supported
    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

    Compare Funds

    Axis Liquid Fund Retail Dividend Monthly
    VS
    search

    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
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Similar Funds
    Data not available