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  • Axis Liquid Fund (RIDCW-M)
Axis Mutual Fund

Axis Liquid Fund (RIDCW-M)

DebtLiquid
Top Ranked

1005.8124

NAV (Jun 20)

5.3%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within liquid mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

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Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1005.8124

NAV (Jun 20)

Fund Returns

Last 1Y
7.3%
Last 3Y
5.8%
Last 5Y
5.2%
Last 10Y
6.4%
Since Inception
7%
6 Month CAGR
3.7%

Scheme Information

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.

Expense Ratio
0.24
Launched (15y ago)
Oct 09, 2009
AUM in Crores
36518.034
ISIN
INF846K01461
Lock-in
No Lock-in
Benchmark
Nifty Liquid Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.6
Standard Deviation (5yr)
0.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.775
Sharpe Ratio (5yr)
-1.179
YTM
7.22
Fund Managers

Devang Shah

Fund Manager

Sachin Jain

Fund Manager

Aditya Pagaria

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Liquid Fund (RIDCW-M)70%8,19,921 87,3094.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-06-20

Top Debt Holdings

punjab national bank

3.7%
3.7%

small industries development bank of india

3.1%
3.1%

india (republic of)

2.9%
2.9%

india (republic of)

2.9%
2.9%

91 Days Treasury Bill 25-07-2024

2.8%
2.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 297,927 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

5%

7.9%

5.8%

7%

5.8%

7%

6%

8%

-

5.2%

Axis Liquid Fund (RIDCW-M) Review

Axis Liquid Fund (RIDCW-M) is a Liquid Debt fund and has delivered an annualised return of 5.5% over a period of 14 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Aditya Pagaria, Devang Shah, Sachin Jain.

Nav of Axis Liquid Fund (RIDCW-M) as of 6/20/2024 is ₹1005.81 with the total AUM as of 6/21/2024 is ₹36518.034. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Liquid Fund (RIDCW-M) was launched on Oct 09, 2009. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Axis Liquid Fund (RIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Axis Liquid Fund (RIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Liquid Index TR INR.

Axis Liquid Fund (RIDCW-M) is rated as a 4 fund in Debt and delivered 5.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Liquid Fund (RIDCW-M).

Frequently Asked Questions

What is Axis Liquid Fund (RIDCW-M)?

Axis Liquid Fund (RIDCW-M) is a Liquid Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Liquid Fund (RIDCW-M)?

You can invest in Axis Liquid Fund (RIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Liquid Fund (RIDCW-M)?

The minimum sip amount for Axis Liquid Fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Liquid Fund (RIDCW-M) good to invest in?

As per Scripbox experts, Axis Liquid Fund (RIDCW-M) is a Top Ranked fund. You can investAxis Liquid Fund (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Liquid Fund (RIDCW-M)?

The expense ratio of the Axis Liquid Fund (RIDCW-M) is 0.24% for regular plan.