Axis Liquid Direct Fund-Growth

Q: What are the returns of Axis Liquid Fund?

The Axis Liquid Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 6.9% since inception. Axis Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.35% 7.04% 5.59% 6.36% 6.9%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2919.832+0.02% 1 day change	6.9% p.a.	#NA View Ranked Funds	₹39,069 Crs

Historical NAV & returns

NAV: ₹2919.832 as on Jun 05, 2025

This fund Category average

Axis Liquid Fund overview

Expense ratio	0.12% as on May 31, 2025
Exit load	0.007% 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.!
AUM (Fund size)	₹39,069 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	NIFTY Liquid Index A-I
Min. investment	Lump. ₹1000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Liquid Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.55%	0.54%
3 Months	1.84%	1.8%
6 Months	3.63%	3.56%
1 Year	7.35%	7.24%
2 Years	7.36%	7.27%
3 Years	7.04%	6.95%
4 Years	6.17%	6.09%
5 Years	5.59%	5.53%
7 Years	5.92%	5.83%
10 Years	6.36%	6.28%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 81.457739%

SOV 12.41027604%

AAA 3.05858763%

Cash & Call Money 2.85968984%

Top Debt Holdings

Reserve Bank of India 12.16%

National Bank For Agriculture & Rural Development 6.4%

Reliance Jio Infocomm Ltd. 6.33%

Canara Bank 6.22%

Allocation by Instruments

Commercial Paper 53.70973471%

Certificate of Deposit 27.74800429%

Treasury Bills 12.15433742%

CBLO 5.71251855%

Other Holdings

Others 0.21%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Liquid Fund	N.A.	₹39,069 Crs	12 yrs 5 m	0.12%
Mirae Asset Liquid Fund	N.A.	₹12,485 Crs	12 yrs 5 m	0.09%
Sundaram Liquid Fund	N.A.	₹5,946 Crs	12 yrs 5 m	0.13%
Navi Liquid Fund	N.A.	₹74 Crs	12 yrs 5 m	0.15%
JM Liquid Fund	N.A.	₹2,680 Crs	12 yrs 5 m	0.16%
Mahindra Manulife Liquid Fund	N.A.	₹1,314 Crs	8 yrs 11 m	0.14%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Liquid Fund	0.55%	3.63%	7.35%	7.04%	5.59%	6.36%
Mirae Asset Liquid Fund	0.55%	3.59%	7.31%	7.02%	5.59%	6.29%
Sundaram Liquid Fund	0.55%	3.63%	7.35%	7.03%	5.6%	6.24%
Navi Liquid Fund	0.51%	3.3%	6.85%	6.66%	5.39%	6.22%
JM Liquid Fund	0.54%	3.53%	7.2%	6.95%	5.53%	6.33%
Mahindra Manulife Liquid Fund	0.55%	3.59%	7.32%	7.05%	5.63%	5.51%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Liquid Fund	0.23	0.49	2.33	2.36
Mirae Asset Liquid Fund	0.23	0.48	2.19	2.33
Sundaram Liquid Fund	0.23	0.47	2.29	2.42
Navi Liquid Fund	0.18	0.34	0.91	1.02
JM Liquid Fund	0.21	0.44	2.11	2.06
Mahindra Manulife Liquid Fund	0.21	0.45	2.49	2.5

View all Liquid funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.45 vs. 2.87 Underperformed at beating benchmark
Sharpe	2.33 vs. 2.98 Poor risk-adjusted returns
Beta	0.49 vs. 1.06 Less sensitive to market ups & downs
Standard deviation	0.23 vs. 0.21 More volatile performance

Compare Axis Liquid Fund in detail with

About this fund

About Axis Liquid Fund

Axis Liquid Direct Fund-Growth is a Liquid mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. Axis Liquid Direct Fund-Growth has ₹39,069 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Liquid Direct Fund-Growth as of 05/06/2025 is ₹2919.83. The fund has an expense ratio of 0.12%, which is close to what most other Liquid funds charge.

Axis Liquid Direct Fund-Growth returns of last 1-year are 7.37%. Since launch, it has delivered 6.90% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Axis Liquid Direct Fund-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India, National Bank For Agriculture & Rural Development, Reliance Jio Infocomm Ltd., Canara Bank, Reliance Retail Ventures Ltd..

...

Fund AUM	₹39,069 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Aditya Pagaria

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. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Sachin Jain

Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Investment objective

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Axis Gilt Fund	N.A.	₹836 Crs	11.58%	9.19%
Axis Strategic Bond Fund	N.A.	₹1,930 Crs	10.84%	9.04%
Axis Dynamic Bond Fund	N.A.	₹1,337 Crs	11.18%	9.0%
Axis Floater Fund	N.A.	₹181 Crs	11.64%	8.93%
Axis Credit Risk Fund	N.A.	₹363 Crs	10.18%	8.58%
Axis Corporate Bond Fund	N.A.	₹6,773 Crs	10.86%	8.57%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Liquid Fund?

The current Net Asset Value (NAV) of the Axis Liquid Fund - Direct Growth plan is approximately ₹2919.832 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Axis Liquid Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 6.9% since inception.

Axis Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.35%	7.04%	5.59%	6.36%	6.9%

How much does this mutual fund charge as expense ratio?

The Axis Liquid Fund - Direct Growth has an expense ratio of 0.12%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Liquid Fund currently has assets under management (AUM) or fund size valued at approximately ₹39,069 Crs crore as of Mar 31, 2025.

To whom does Axis Liquid Fund lend to?

The top 3 debt holdings of Axis Liquid Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	12.16%
National Bank For Agriculture & Rural Development	6.4%
Reliance Jio Infocomm Ltd.	6.33%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	81.457739%
SOV	12.41027604%
AAA	3.05858763%

What is risk level of Axis Liquid Fund?

This is a Liquid fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Liquid Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Liquid Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Liquid Fund is complete.

How can I redeem my investments in Axis Liquid Fund?

Redeeming your investments in Axis Liquid Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Liquid Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Liquid

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: 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.