3 Year return
6.24%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹25268.68 Cr.
Expense Ratio
0.15% (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
Tax on gains as per your income tax bracket
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
|
---|---|---|
Quant Liquid Fund |
6.29% |
2 |
Mahindra Manulife Liquid Fund |
6.35% |
3.5 |
Edelweiss Liquid Fund |
6.33% |
2 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment
Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment is a mutual fund scheme offered by Axis Mutual Fund. The Axis Liquid Fund falls under the "Debt-Liquid" category. This category signifies that the fund primarily focuses on investments in very short-term debt and money market instruments, emphasizing high liquidity and capital preservation. The Axis Liquid Fund is an open-ended fund, allowing you to buy and redeem units on any business day. The expense ratio of the fund is lower than the category average of 0.6%. This means that the fund charges lower fees to investors, which can help improve their returns over the long term.
Investment Objectives of the Scheme
The fund's main objective is to generate income with a high level of liquidity and minimal risk by investing in a portfolio of high-quality debt and money market instruments. The fund aims to provide stability and reasonable returns over the short term.
Key Features of The Fund
5-year return | 5.43% |
Expense Ratio | 0.15% |
Fund Manager | Devang Shah |
Fund Size | ₹25268.68 Cr |
Risk Profile | Moderately Low |
Is This Scheme Right for Me?
The fund could be suitable for investors seeking a secure and easily accessible avenue for their surplus funds or emergency funds. If you're looking for a low-risk investment option that offers better returns than traditional savings accounts, the Axis Liquid Fund might align well with your investment strategy. It's particularly relevant for those who prioritize capital preservation and need the flexibility to access their funds quickly.
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.
Fast-Track Your Short-Term Goals With SIPs
FAQs
What is today's NAV of Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment?
What is the AUM of Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment?
What is the expense ratio of Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment?
What are the returns of Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment since inception?
What is the minimum SIP amount to invest in Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment?
How do I invest in Axis Liquid Fund Direct Plan Weekly IDCW Reinvestment?
- 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 Reinvestment?
- 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 Reinvestment?
- 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 Reinvestment?
- 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.