Axis Liquid Fund(G)

Axis Liquid Fund-Reg(G)
Dividend Yearly
NA
Category
Debt - Liquid
52-week NAV high
2,256.09  (As on 04-01-2021)
52-week NAV low
2,164.33  (As on 04-01-2020)
Expense
0.25%  (As on 30-11-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.26 0.78 1.60 4.23 5.41 6.09 6.25 6.52 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Oct 09, 2009
Last Dividend
NA
Minimum Investment
500

Axis Liquid Fund - Growth Option

Axis Liquid Fund - Growth Option is an open-ended liquid scheme offered by Axis Mutual Fund. The investment manager of Axis Mutual Fund is Axis Asset Management Company Limited, and Axis Liquid Fund - Growth Option is one of the many debt funds offered by the fund house.

Investment Objective of Axis Liquid Fund - Growth Option

The investment objective of Axis Liquid Fund - Growth Option is to generate a high level of liquidity along with reasonable returns that correspond with low risk. To do so, the fund makes investments in a portfolio of debt and money market instruments.

Key Features of Axis Liquid Fund - Growth Option

Some of the significant features of Axis Liquid Fund - Growth Option are as indicated in the table below:

Type of fund

Open-ended liquid scheme

Plans available

Axis Liquid Plan, and Axis Liquid Fund - Direct Plan

Options under each plan

The Direct Plan comes with two options:

  1. Growth Option
  2. Dividend Option

The dividend option comes with further sub-options:

  1. Dividend – Daily (Re-investment)
  2. Weekly (Payout and Reinvestment)
  3. Monthly (Payout and Reinvestment)

Risk

Low

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Axis Liquid Fund - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount

Rs.500 and in multiples of Re.1 thereafter

Minimum additional investment

Rs.500 and in multiples of Re.1 thereafter

Minimum instalment for Systematic Investment Plan (SIP)

-

Entry Load

Not Applicable

Exit Load

Nil

Asset Allocation for Axis Liquid Fund - Growth Option

Instruments

Allocations (Percentage of total assets)

Money market securities (including Government securities, Treasury Bills, CDs, CPs, repo and cash) with maturity periods less than 91 days

50% to 100%

Debt securities (including securitised debt and floating rate debt securities) with maturity periods less than 91 days

0% to 50%

NAV Disclosure and Benchmark for Axis Liquid Fund - Growth Option

The Net Asset Value of Axis Liquid Fund - Growth Option is computed on all working days and is published in at least two newspapers that are circulated across India. The Net Asset Value of the scheme can be viewed on the website of the fund house as well as the website of the Association of Mutual Funds in India.

The Benchmark adopted by Axis Liquid Fund - Growth Option is the CRISIL Liquid Fund Index.

Axis Liquid Fund - Growth Option Fund Manager

Axis Liquid Fund - Growth Option is managed by Mr. Devang Shah, who has been in charge of the fund for over five years, and Mr. Aditya Pagaria, who has been managing the scheme for over a year now.

Why you should Invest in Axis Liquid Fund - Growth Option

Axis Liquid Fund - Growth Option offers a high level of liquidity along with reasonable returns that correspond with low risk via investment in a portfolio comprising of debt and money market instruments. The scheme also has low risk, and investors can earn accrual for each day of investment. It is a great investment option for those who are looking at a one day to 90 days investment horizon.

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