Axis Liquid Fund

Q: What are the returns of this mutual fund scheme?

The Axis Liquid Fund is a 16 yrs old fund and has delivered average annual returns of 6.99% since inception. Axis Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.71% 7.03% 5.7% 6.2% 6.99%

Q: How much does this mutual fund charge as expense ratio?

The Axis Liquid Fund has an expense ratio of 0.25% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 22, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2959.3316+0.02% 1 day change	6.99% p.a.	App exclusive #NA View Ranked Funds	₹28,170 Cr

Historical NAV & returns

NAV: ₹2959.3316 as on Oct 22, 2025

This fund Category average

Axis Liquid Fund overview

AUM (Fund size)	₹28,170 Cr
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.!
Lock-in Period	Nil
Age	16 yrs since Oct 08, 2009
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹1
Expense ratio	0.25% as on Sep 30, 2025
Plan type	Regular
Risk	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 Oct 26, 2025

Period	This fund	Category average
1 Month	0.45%	0.44%
3 Months	1.38%	1.36%
6 Months	2.95%	2.9%
1 Year	6.71%	6.58%
2 Years	7.06%	6.94%
3 Years	7.03%	6.91%
4 Years	6.34%	6.23%
5 Years	5.7%	5.61%
7 Years	5.75%	5.65%
10 Years	6.2%	6.11%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 96.99134037%

SOV 19.65715035%

AAA 1.06646958%

Others 0.3299148%

Top Debt Holdings

Reserve Bank of India 19.62%

Bank Of Baroda 9.32%

Punjab National Bank 6.23%

Indian Bank 5.45%

Allocation by Instruments

Commercial Paper 52.765808899999996%

Certificate of Deposit 44.22553147%

Treasury Bills 19.621554670000002%

Non Convertible Debenture 0.7106855%

Other Holdings

Others 0.33%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Liquid Fund	0.45%	2.95%	6.71%	7.03%	5.7%	6.2%
Canara Robeco Liquid Fund	0.45%	2.93%	6.69%	7.02%	5.68%	6.06%
Bank of India Liquid Fund	0.45%	2.97%	6.72%	7.05%	5.72%	6.17%
Mirae Asset Liquid Fund	0.44%	2.94%	6.65%	6.98%	5.68%	6.09%
JM Liquid Fund	0.44%	2.9%	6.57%	6.9%	5.62%	6.14%
Navi Liquid Fund	0.41%	2.79%	6.25%	6.64%	5.54%	6.04%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Liquid Fund	0.17	0.34	3.06	4.23
Canara Robeco Liquid Fund	0.17	0.34	3.07	4.13
Bank of India Liquid Fund	0.16	0.34	3.38	4.24
Mirae Asset Liquid Fund	0.17	0.33	2.82	3.92
JM Liquid Fund	0.15	0.29	2.7	3.53
Navi Liquid Fund	0.15	0.23	1.1	1.45

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Liquid Fund	N.A.	28,170 Cr	16 yrs	0.25%
Canara Robeco Liquid Fund	N.A.	6,399 Cr	17 yrs 3 m	0.21%
Bank of India Liquid Fund	N.A.	1,360 Cr	17 yrs 3 m	0.14%
Mirae Asset Liquid Fund	N.A.	11,368 Cr	16 yrs 9 m	0.19%
JM Liquid Fund	N.A.	1,621 Cr	27 yrs 10 m	0.26%
Navi Liquid Fund	N.A.	62 Cr	15 yrs 8 m	0.2%

View all Liquid funds

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

Alpha	1.13 vs. 2.9 Underperformed at beating benchmark
Sharpe	3.06 vs. 2.94 Better risk-adjusted return
Beta	0.34 vs. 1.55 Less sensitive to market ups & downs
Standard deviation	0.17 vs. 0.15 More volatile performance

Compare Axis Liquid Fund in detail with

About this fund

About Axis Liquid Fund

Axis Liquid Fund is a Liquid mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 16 yrs, having been launched on 08/10/2009. Axis Liquid Fund has ₹28,170 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Liquid Fund as of 22/10/2025 is ₹2959.33. The fund has an expense ratio of 0.25%, which is close to what most other Liquid funds charge.

Axis Liquid Fund returns of last 1-year are 6.78%. Since launch, it has delivered 7.00% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Axis Liquid Fund 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 similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, Punjab National Bank, Indian Bank, HDFC Bank Ltd..

...

Fund AUM	28,170 Cr as on Sep 30, 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	70 view all schemes
Total AUM	3,54,362 Cr as on Sep 30, 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	1Y	3Y
Axis Floater Fund	N.A.	128 Cr	8.08%	8.21%
Axis Strategic Bond Fund	N.A.	1,908 Cr	8.61%	8.15%
Axis Credit Risk Fund	N.A.	367 Cr	8.74%	7.92%
Axis Income Plus Arbitrage Active FoF	N.A.	1,717 Cr	8.08%	7.91%
Axis CRISIL IBX SDL May 2027 Index Fund	N.A.	2,224 Cr	7.82%	7.8%
Axis Dynamic Bond Fund	N.A.	1,209 Cr	7.61%	7.8%

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 plan is approximately ₹2959.3316 as of Oct 22, 2025.

What are the returns of this mutual fund scheme?

The Axis Liquid Fund is a 16 yrs old fund and has delivered average annual returns of 6.99% since inception.

Axis Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.71%	7.03%	5.7%	6.2%	6.99%

How much does this mutual fund charge as expense ratio?

The Axis Liquid Fund has an expense ratio of 0.25%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 28,170 Cr as on Sep 30, 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	19.62%
Bank Of Baroda	9.32%
Punjab National Bank	6.23%

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+	96.99134037%
SOV	19.65715035%
AAA	1.06646958%

What is risk level of Axis Liquid Fund?

This is a Liquid fund comes with Moderate risk.

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

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

How can I redeem my investments in Axis Liquid Fund?

Redeeming your investments in the Axis Liquid Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Liquid

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Liquid funds in the last 10 Years.
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.