Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Axis Mutual Fund

Axis Liquid Fund - Direct Plan - Weekly IDCW

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 5/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 84/100 · Excellent

How this score is calculated

  • Star rating (35%)5/5
  • 3Y CAGR (30%)7.01%
  • Expense ratio (20%)0.13%
  • AUM (15%)₹63,343 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Axis Mutual Fund · Debt · Liquid

₹3,163.72

+2161.48 (+215.67%)

AUM: ₹63,342 Cr

NAV updated 11 days ago

Plan

Direct

Option

Idcw

Risk

Low

Expense Ratio

0.13%

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.

Fund Manager

Aditya Pagaria

Inception

Jan 2013

Benchmark

NIFTY Liquid Index A-I

Sharpe Ratio

-8.19

Std Dev (1Y)

0.8%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.53%

3m

+1.64%

6m

+3.54%

1y

+6.59%

3y

+7.01%

5y

+6.4%

10y

+6.16%

since inception

+0.0%

TopFund's Take on Axis Liquid Fund - Direct Plan - Weekly IDCW

Axis Liquid Fund - Direct Plan - Weekly IDCW ranks among the stronger performers in the Liquid category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 84/100.

Cost: At 0.13%, the expense ratio is roughly in line with the Liquid category average of 0.14% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -8.19 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.8% is on the lower side for a Liquid fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Commercial Paper 46.34%
Certificate of Deposit 30.04%
Treasury Bills 11.42%
CBLO 8.61%
Debenture 1.85%
Non Convertible Debenture 1.42%
Alternative Investment Fund 0.20%
Net Receivables 0.11%
Bonds/NCDs 0.04%

Frequently Asked Questions about Axis Liquid Fund - Direct Plan - Weekly IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.