Rating : ★ ★ ★ ☆ ☆
Axis Liquid Fund Weekly Pyt of Inc Dis cum Cap Wdrl
 ÂLiquid Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
32550.05 Cr.
(As of 15 Jan, 2023)
Benchmark
Nifty Liquid Index TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
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.
 
Fund manager
Devang Shah
Exit load
0.006999999999999999 %
(If redeemed within 1 days)Minimum sip
₹0
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Clearing Corporation Of India Ltd
9.43%
91 DTB 02022023
3.84%
National Bank For Agriculture And Rural Development
3.44%
91 DTB 16032023
3.24%
Sector Allocation
About the Scheme Type
Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.
Ratings
This fund is rated 3 stars by Morning Star Ratings.
★ ★ ★ ☆ ☆
Overview of Axis Asset Management Company Limited
Axis Mutual Fund has grown strongly since the time it launched its first scheme in October 2009. The vision statement of Axis Mutual Fund has been to responsibly manage money and risks to help people feel financially secure and confident of a brighter and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3 founding principles
- Long term wealth creation
- Outside in (Customer) view
- Long term relationship
Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual Fund, aim to provide quality financial and investment solutions to help customers feel financially secure and confident of a brighter and prosperous future. We lay a strong emphasis on risk management and planning. We encourage our investors and our partners to take a holistic view which extends beyond mere investing surpluses to investing with an underlying dream, aspiration or goal.
Investment Philosophy of Axis Mutual Fund:
- Business to be built on three pillars
- Outside-in View
- Investor at the heart of every single decision
- Communication in investor’s language, not in ours
- Enduring Wealth Creation
- Playing a serious and credible role in investor’s money basket
- Encouraging investors to build a long-term perspective of the mutual fund category
- Long-term Relationships
- Outside-in View
- Aiming at building relationships rather than being transactional