3 Year return
5.62%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹22169.19 Cr.
Expense Ratio
0.17% (inclusive of GST)
Exit Load
0.0070% - If redemption/switch out within 1 days from the date of allotment. 0.0065% - If redemption/switch out within 2 days from the date of allotment. 0.0060% - If redemption/switch out within 3 days from the date of allotment. 0.0055% - If redemption/switch out within 4 days from the date of allotment. 0.0050% - If redemption/switch out within 5 days from the date of allotment. 0.0045% - If redemption/switch out within 6 days from the date of allotment. Nil - If redemption/switch out within 7 days from the date of allotment.
Tax Implications
Withdrawal within 3 years
Tax based on your income tax bracket
Withdrawal after 3 years
20% tax after indexation (adjusting for inflation)
Fund Holdings
Axis Mutual Fund Managers
DS
Devang Shah
Fund Manager since Jun 2017
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Axis Liquid Fund Direct Plan Monthly IDCW Payout |
5.66% |
5 |
|
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment |
5.67% |
2 |
|
PGIM India Liquid Fund Direct Plan Monthly Dividend Payout |
5.65% |
2.5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Annual IDCW Payout
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Annual IDCW Reinvestment
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Growth
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Half Yearly Dividend Option Payout
Other . FoFs Domestic
Axis All Seasons Debt Fund of Funds Direct Plan Half Yearly Dividend Option Reinvestment
About Axis Liquid Fund Direct Plan Weekly IDCW Payout
The Axis Liquid Fund Direct Plan Weekly IDCW Payout is managed by Axis Mutual Fund. This fund falls under the "Debt-Liquid" category, which means it primarily invests in short-term debt securities like government bonds, treasury bills, and money market instruments. The Axis Liquid Fund Direct Plan Weekly IDCW Payout is an open-ended fund, which means you can buy and sell units on any business day. This provides the advantage of easy liquidity and the flexibility to enter or exit the fund as per your convenience. The expense ratio of the fund is marginally higher than the category average, but is low compared to mutual funds in general. This means that the fund charges lower fees to investors, which can help to improve their returns.
Investment Objectives of the Scheme
The main objective of the Axis Liquid Fund Direct Plan Weekly IDCW Payout is to provide a safe and relatively stable avenue for parking your surplus funds in the short term. It aims to generate reasonable returns with a focus on capital preservation and liquidity.
Key Features of The Fund
| 5-year return | 5.37% |
| Expense Ratio | 0.17% |
| Fund Manager | Devang Shah |
| Fund Size | ₹22169.19 Cr |
| Risk Profile | Moderately Low |
Is This Scheme Right for Me?
This fund is particularly suitable for investors who seek a low-risk investment option with liquidity as a priority. If you have idle funds that you want to earn a slightly higher return on than a regular savings account, and you're looking for minimal volatility, the Axis Liquid Fund Direct Plan Weekly IDCW Payout might be a suitable choice. However, it is important to remember that this is a money market fund and its returns are not guaranteed.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
FAQs
What is today's NAV of Axis Liquid Fund Direct Plan Weekly IDCW Payout?
What is the AUM of Axis Liquid Fund Direct Plan Weekly IDCW Payout?
What is the expense ratio of Axis Liquid Fund Direct Plan Weekly IDCW Payout?
What are the returns of Axis Liquid Fund Direct Plan Weekly IDCW Payout since inception?
What is the minimum SIP amount to invest in Axis Liquid Fund Direct Plan Weekly IDCW Payout?
How do I invest in Axis Liquid Fund Direct Plan Weekly IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Liquid Fund Direct Plan Weekly IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Liquid Fund Direct Plan Weekly IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Liquid Fund Direct Plan Weekly IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
