|Min SIP Amount||Not Supported|
|NAV||₹1002.39 (09 Jul 2020)|
|Fund Started||14 Oct 2009|
|Fund Size||₹29,605 Cr|
|Reserve Bank of India||Financial||T-Bills||17.8%|
|Reserve Bank of India||Financial||T-Bills||8.3%|
|Reserve Bank of India||Financial||T-Bills||5.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||3.2%|
|Reliance Industries Ltd.||Energy||CP||2.5%|
|Reserve Bank of India||Financial||T-Bills||2.0%|
|Union Bank of India||Financial||CD||1.8%|
|Reserve Bank of India||Financial||T-Bills||1.7%|
|Federal Bank Ltd.||Financial||CD||1.7%|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||1.7%|
Axis Liquid Fund Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 14 Oct 2009. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Liquid Fund Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹29,605 Cr and the Latest NAV as of 09 Jul 2020 is ₹1002.39.
The Axis Liquid 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.