Debt Liquid Low to Moderate Risk
To Provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Liquid | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.53% | 1.66% | 3.15% | 4.63% | 6.25% | 6.78% | 6.95% | 6.72% | 6.05% | 6.12% | 6.98% |
| Category returns | 0.52% | 1.61% | 3.07% | 4.52% | 6.12% | 6.66% | 6.82% | 6.59% | 5.94% | 5.97% | N/A |
| Absolute returns | 0.5% | 1.69% | 3.19% | 4.66% | 6.19% | 13.91% | 22.23% | 29.96% | 34.51% | 81.12% | 207.41% |
| Rank within category | 6 | 3 | 2 | 2 | 3 | 3 | 2 | 2 | 2 | 3 | N/A |
| Total Schemes in Category | 42 | 42 | 40 | 39 | 37 | 36 | 35 | 35 | 35 | 29 | N/A |
| Liquid | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | 7.64% | 6.71% | 7.45% | 6.64% | 4.28% | 3.28% | 4.88% | 7.05% | 7.38% | 6.56% | 2.76% |
| Q1 returns | 1.99% | 1.65% | 1.76% | 1.82% | 1.45% | 0.77% | 0.88% | 1.69% | 1.87% | 1.83% | 1.47% |
| Q2 returns | 1.97% | 1.63% | 1.77% | 1.76% | 1.17% | 0.79% | 1% | 1.72% | 1.79% | 1.67% | 1.27% |
| Q3 Returns | 1.78% | 1.64% | 1.82% | 1.54% | 0.82% | 0.82% | 1.29% | 1.71% | 1.77% | 1.43% | N/A |
| Q4 Returns | 1.69% | 1.62% | 1.9% | 1.36% | 0.78% | 0.86% | 1.62% | 1.76% | 1.75% | 1.47% | N/A |
Expense ratio: 0.21%
Inclusive of GST
Exit load
0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D
| Alpha | 0.0193161 |
| Beta | 0.0487 |
| Sharpe Ratio | 0.253232 |
| Sortino Ratio | 0.0736305 |
| R-Squared | 0.1417 |
| Tracking Error | 0.5368 |
| Downside Risk | 0 |
| Std. Deviation (Annualised) | 0.2507 |
| Liquid | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bank of India Liquid Fund - Regular Plan - Growth | 0.52% | 1.64% | 3.13% | 4.62% | 6.26% | 6.97% | 6.07% | 6.08% | 6.68% | 1,611.37 | 0.08 | 0.36 | Low to Moderate |
| Axis Liquid Fund - Regular Plan - Growth Current | 0.53% | 1.66% | 3.15% | 4.63% | 6.25% | 6.95% | 6.05% | 6.12% | 6.98% | 30,187.50 | 0.21 | 0.30 | Moderate |
| Franklin India Liquid Fund - Super Institutional - Growth | 0.53% | 1.62% | 3.11% | 4.6% | 6.23% | 6.93% | 6.03% | 6.13% | 7.1% | 2,122.81 | 0.19 | 0.30 | Low to Moderate |
| Canara Robeco Liquid Fund - Regular Plan - Growth | 0.54% | 1.67% | 3.12% | 4.6% | 6.21% | 6.92% | 6.03% | 5.97% | 6.92% | 4,858.34 | 0.15 | 0.28 | Low to Moderate |
| DSP Liquidity Fund - Regular Plan - Growth | 0.53% | 1.66% | 3.14% | 4.61% | 6.24% | 6.92% | 6.01% | 6.05% | 6.91% | 16,866.10 | 0.22 | 0.28 | Low to Moderate |
| Union Liquid Fund - Growth | 0.53% | 1.63% | 3.12% | 4.6% | 6.21% | 6.91% | 6.02% | 5.66% | 6.74% | 5,755.60 | 0.17 | 0.29 | Low to Moderate |
| Invesco India Liquid Fund - Growth | 0.53% | 1.64% | 3.12% | 4.59% | 6.21% | 6.91% | 6.01% | 6.05% | 7.06% | 11,723.20 | 0.22 | 0.27 | Low to Moderate |
| Mahindra Manulife Liquid Fund - Regular Plan - Growth | 0.53% | 1.64% | 3.11% | 4.59% | 6.21% | 6.91% | 6.03% | 0% | 6.08% | 1,012.32 | 0.26 | 0.29 | Moderate |
| Aditya Birla Sun Life Liquid Fund - Growth | 0.53% | 1.65% | 3.13% | 4.6% | 6.21% | 6.91% | 6.02% | 6.1% | 6.96% | 43,022.20 | 0.35 | 0.26 | Moderate |
| UTI Liquid Fund - Regular Plan - Growth | 0.52% | 1.66% | 3.13% | 4.61% | 6.23% | 6.91% | 6.02% | 6.08% | 6.84% | 19,763.20 | 0.26 | 0.27 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Cash & Cash Equivalents and Net Assets | 11.63% |
| Treasury Bills | 10.30% | |
| Commercial Paper | 44.39% | |
| Certificate of Deposit | 29.75% | |
| Corporate Debt | 3.71% | |
| Alternative Investment Fund | 0.18% | |
| Government Securities | 0.04% | |
| Derivatives-Options (Others) | 0.00% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 11.37% | |
| 91 Days Tbill (MD 11/06/2026) | Treasury Bills | 3.18% | |
| National Bank For Agriculture and Rural Development (09/06/2026) ** | Commercial Paper | 3.11% | |
| Union Bank of India (23/07/2026) ** | Certificate of Deposit | 2.20% | |
| 91 Days Tbill (MD 04/06/2026) | Treasury Bills | 2.20% | |
| Bank of Baroda (12/08/2026) ** | Certificate of Deposit | 2.19% | |
| 182 Days Tbill (MD 30/07/2026) | Treasury Bills | 1.97% | |
| Bank of Baroda (17/06/2026) | Certificate of Deposit | 1.95% | |
| Reliance Retail Ventures Limited (22/06/2026) ** | Commercial Paper | 1.77% | |
| Bank of India (06/08/2026) ** | Certificate of Deposit | 1.76% | |
| HDFC Bank Limited (25/08/2026) ** | Certificate of Deposit | 1.40% | |
| Union Bank of India (25/06/2026) | Certificate of Deposit | 1.37% | |
| Reliance Retail Ventures Limited (15/06/2026) ** | Commercial Paper | 1.33% | |
| NTPC Limited (19/06/2026) ** | Commercial Paper | 1.33% | |
| Reliance Industries Limited (23/06/2026) ** | Commercial Paper | 1.33% | |
| Reliance Industries Limited (24/06/2026) | Commercial Paper | 1.33% | |
| Hindustan Petroleum Corporation Limited (29/06/2026) ** | Commercial Paper | 1.33% | |
| Canara Bank (01/07/2026) | Certificate of Deposit | 1.33% | |
| HDFC Bank Limited (21/08/2026) ** | Certificate of Deposit | 1.31% | |
| 7.58% National Bank For Agriculture and Rural Development (31/07/2026) ** | Corporate Debt | 1.16% | |
| Union Bank of India (24/07/2026) ** | Certificate of Deposit | 1.15% | |
| ICICI Securities Limited (09/06/2026) ** | Commercial Paper | 0.98% | |
| HDB Financial Services Limited (04/06/2026) ** | Commercial Paper | 0.93% | |
| Reliance Jio Infocomm Limited (04/06/2026) ** | Commercial Paper | 0.89% | |
| Export Import Bank of India (05/06/2026) ** | Commercial Paper | 0.89% | |
| Punjab & Sind Bank (16/06/2026) ** | Certificate of Deposit | 0.89% | |
| Reliance Retail Ventures Limited (19/06/2026) ** | Commercial Paper | 0.89% | |
| L&T Metro Rail (Hyderabad) Limited (22/06/2026) ** | Commercial Paper | 0.89% | |
| ICICI Bank Limited (29/06/2026) ** | Certificate of Deposit | 0.89% | |
| National Bank For Agriculture and Rural Development (01/07/2026) ** | Commercial Paper | 0.89% | |
| Indian Bank (06/07/2026) ** | Certificate of Deposit | 0.88% | |
| Bank of Baroda (20/07/2026) ** | Certificate of Deposit | 0.88% | |
| 91 Days Tbill (MD 13/08/2026) | Treasury Bills | 0.88% | |
| HDFC Bank Limited (06/08/2026) | Certificate of Deposit | 0.88% | |
| National Bank For Agriculture and Rural Development (14/08/2026) ** | Commercial Paper | 0.88% | |
| Bank of Baroda (20/08/2026) ** | Certificate of Deposit | 0.88% | |
| Union Bank of India (24/08/2026) ** | Certificate of Deposit | 0.88% | |
| Bank of Baroda (24/08/2026) ** | Certificate of Deposit | 0.88% | |
| Karur Vysya Bank Limited (25/08/2026) ** | Certificate of Deposit | 0.87% | |
| IndusInd Bank Limited (25/08/2026) ** | Certificate of Deposit | 0.87% | |
| L&T Finance Limited (25/08/2026) ** | Commercial Paper | 0.87% | |
| HDFC Securities Limited (06/08/2026) ** | Commercial Paper | 0.79% | |
| ICICI Securities Limited (18/08/2026) ** | Commercial Paper | 0.79% | |
| 7.64% REC Limited (30/06/2026) ** | Corporate Debt | 0.77% | |
| HDFC Bank Limited (12/06/2026) ** | Certificate of Deposit | 0.76% | |
| Small Industries Dev Bank of India (05/06/2026) | Commercial Paper | 0.71% | |
| Tata Steel Limited (05/06/2026) ** | Commercial Paper | 0.71% | |
| HDFC Securities Limited (05/06/2026) ** | Commercial Paper | 0.71% | |
| HDFC Securities Limited (10/06/2026) ** | Commercial Paper | 0.71% | |
| 364 Days Tbill (MD 06/08/2026) | Treasury Bills | 0.71% | |
| IndusInd Bank Limited (06/08/2026) ** | Certificate of Deposit | 0.70% | |
| Jamnagar Utilities & Power Private Limited (18/08/2026) ** | Commercial Paper | 0.70% | |
| 6.59% Summit Digitel Infrastructure Limited (16/06/2026) ** | Corporate Debt | 0.69% | |
| 182 Days Tbill (MD 17/07/2026) | Treasury Bills | 0.62% | |
| Bajaj Finance Limited (13/08/2026) ** | Commercial Paper | 0.61% | |
| 7.51% REC Limited (31/07/2026) ** | Corporate Debt | 0.53% | |
| L&T Metro Rail (Hyderabad) Limited (10/06/2026) ** | Commercial Paper | 0.53% | |
| Small Industries Dev Bank of India (22/06/2026) ** | Commercial Paper | 0.53% | |
| Power Finance Corporation Limited (25/06/2026) | Commercial Paper | 0.53% | |
| IGH Holdings Private Limited (25/08/2026) ** | Commercial Paper | 0.52% | |
| Motilal Oswal Financial Services Limited (28/08/2026) ** | Commercial Paper | 0.52% | |
| Union Bank of India (03/06/2026) | Certificate of Deposit | 0.44% | |
| TATA Realty & Infrastructure Limited (05/06/2026) ** | Commercial Paper | 0.44% | |
| Titan Company Limited (08/06/2026) ** | Commercial Paper | 0.44% | |
| RBL Bank Limited (11/06/2026) ** | Certificate of Deposit | 0.44% | |
| Birla Group Holdings Private Limited (11/06/2026) ** | Commercial Paper | 0.44% | |
| National Bank For Agriculture and Rural Development (15/06/2026) ** | Commercial Paper | 0.44% | |
| Aditya Birla Capital Limited (24/06/2026) ** | Commercial Paper | 0.44% | |
| Kotak Securities Limited (25/06/2026) ** | Commercial Paper | 0.44% | |
| 91 Days Tbill (MD 09/07/2026) | Treasury Bills | 0.44% | |
| Sundaram Finance Limited (14/07/2026) ** | Commercial Paper | 0.44% | |
| L&T Finance Limited (16/07/2026) ** | Commercial Paper | 0.44% | |
| Bank of Baroda (23/07/2026) ** | Certificate of Deposit | 0.44% | |
| Aditya Birla Capital Limited (28/07/2026) ** | Commercial Paper | 0.44% | |
| IDBI Bank Limited (06/08/2026) ** | Certificate of Deposit | 0.44% | |
| Knowledge Realty Trust (11/08/2026) ** | Commercial Paper | 0.44% | |
| Canara Bank (14/08/2026) | Certificate of Deposit | 0.44% | |
| HDFC Securities Limited (11/08/2026) ** | Commercial Paper | 0.44% | |
| HDFC Securities Limited (12/08/2026) ** | Commercial Paper | 0.44% | |
| 360 One WAM Limited (11/08/2026) ** | Commercial Paper | 0.44% | |
| IDFC First Bank Limited (25/08/2026) ** | Certificate of Deposit | 0.44% | |
| Poonawalla Fincorp Limited (19/08/2026) ** | Commercial Paper | 0.44% | |
| Kotak Securities Limited (25/08/2026) ** | Commercial Paper | 0.44% | |
| Motilal Oswal Finvest Limited (15/06/2026) ** | Commercial Paper | 0.40% | |
| Canara Bank (03/06/2026) ** | Certificate of Deposit | 0.38% | |
| Mahindra & Mahindra Financial Services Limited (04/06/2026) ** | Commercial Paper | 0.36% | |
| Tata Projects Limited (05/06/2026) ** | Commercial Paper | 0.36% | |
| ICICI Securities Limited (05/06/2026) ** | Commercial Paper | 0.36% | |
| ICICI Securities Limited (11/06/2026) ** | Commercial Paper | 0.36% | |
| Bajaj Financial Securities Limited (15/06/2026) ** | Commercial Paper | 0.36% | |
| Kotak Securities Limited (16/06/2026) ** | Commercial Paper | 0.36% | |
| Godrej Housing Finance Limited (24/06/2026) ** | Commercial Paper | 0.35% | |
| The Federal Bank Limited (10/07/2026) ** | Certificate of Deposit | 0.35% | |
| Union Bank of India (28/07/2026) ** | Certificate of Deposit | 0.35% | |
| DSP Finance Private Limited (11/08/2026) ** | Commercial Paper | 0.35% | |
| Manappuram Finance Limited (14/08/2026) ** | Commercial Paper | 0.35% | |
| Infina Finance Private Limited (28/08/2026) ** | Commercial Paper | 0.35% | |
| Angel One Limited (28/08/2026) ** | Commercial Paper | 0.35% | |
| TATA Realty & Infrastructure Limited (08/06/2026) ** | Commercial Paper | 0.31% | |
| 7.64% Power Finance Corporation Limited (25/08/2026) | Corporate Debt | 0.31% | |
| 364 Days Tbill (MD 11/06/2026) | Treasury Bills | 0.30% | |
| Sharekhan Limited (04/06/2026) ** | Commercial Paper | 0.27% | |
| REC Limited (10/06/2026) ** | Commercial Paper | 0.27% | |
| Julius Baer Capital India Pvt Ltd (09/06/2026) ** | Commercial Paper | 0.27% | |
| Motilal Oswal Financial Services Limited (17/06/2026) ** | Commercial Paper | 0.27% | |
| Bajaj Finance Limited (18/06/2026) ** | Commercial Paper | 0.27% | |
| IIFL Finance Limited (18/06/2026) ** | Commercial Paper | 0.27% | |
| Julius Baer Capital India Pvt Ltd (29/06/2026) ** | Commercial Paper | 0.27% | |
| ICICI Securities Limited (03/08/2026) ** | Commercial Paper | 0.26% | |
| HDFC Securities Limited (13/08/2026) ** | Commercial Paper | 0.26% | |
| Julius Baer Capital India Pvt Ltd (11/08/2026) ** | Commercial Paper | 0.26% | |
| Nuvama Wealth Finance Limited (24/08/2026) ** | Commercial Paper | 0.26% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 0.25% | |
| Bank of Baroda (05/06/2026) ** | Certificate of Deposit | 0.25% | |
| Bajaj Financial Securities Limited (11/06/2026) ** | Commercial Paper | 0.22% | |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Alternative Investment Fund | 0.18% | |
| Bank of Baroda (03/06/2026) | Certificate of Deposit | 0.18% | |
| HDFC Bank Limited (04/06/2026) ** | Certificate of Deposit | 0.18% | |
| IIFL Finance Limited (04/06/2026) ** | Commercial Paper | 0.18% | |
| Mirae Asset Capital Markets Private Limited (08/06/2026) ** | Commercial Paper | 0.18% | |
| National Bank For Agriculture and Rural Development (12/06/2026) ** | Commercial Paper | 0.18% | |
| Nuvama Wealth Finance Limited (10/06/2026) ** | Commercial Paper | 0.18% | |
| Indian Bank (19/06/2026) ** | Certificate of Deposit | 0.18% | |
| Godrej Properties Limited (23/06/2026) ** | Commercial Paper | 0.18% | |
| Nuvama Wealth Finance Limited (21/07/2026) ** | Commercial Paper | 0.18% | |
| Nuvama Clearing Services Ltd (06/08/2026) ** | Commercial Paper | 0.18% | |
| Aditya Birla Capital Limited (17/08/2026) ** | Commercial Paper | 0.18% | |
| ICICI Securities Limited (04/06/2026) | Commercial Paper | 0.17% | |
| Barclays Investments & Loans (India) Private Limited (05/06/2026) ** | Commercial Paper | 0.13% | |
| IDFC First Bank Limited (12/08/2026) ** | Certificate of Deposit | 0.13% | |
| 360 One Prime Limited (02/06/2026) ** | Commercial Paper | 0.09% | |
| HDFC Bank Limited (11/06/2026) | Certificate of Deposit | 0.09% | |
| Motilal Oswal Finvest Limited (12/06/2026) ** | Commercial Paper | 0.09% | |
| Manappuram Finance Limited (17/08/2026) ** | Commercial Paper | 0.09% | |
| Power Finance Corporation Limited (25/08/2026) (ZCB) ** | Corporate Debt | 0.09% | |
| 8.48% LIC Housing Finance Limited (29/06/2026) ** | Corporate Debt | 0.05% | |
| 7.56% REC Limited (30/06/2026) ** | Corporate Debt | 0.05% | |
| 8.48% LIC Housing Finance Limited (29/06/2026) ** | Corporate Debt | 0.04% | |
| HSBC InvestDirect Financial Services (India) Limited (08/06/2026) ** | Commercial Paper | 0.04% | |
| Canara Bank (15/06/2026) | Certificate of Deposit | 0.04% | |
| 7.99% Uttar Pradesh State Development Loans (29/06/2026) | Government Securities | 0.03% | |
| HDFC Bank Limited (24/06/2026) ** | Certificate of Deposit | 0.02% | |
| Indian Bank (05/06/2026) ** | Certificate of Deposit | 0.02% | |
| IDFC First Bank Limited (09/06/2026) ** | Certificate of Deposit | 0.01% | |
| 8.07% Rajasthan State Development Loans (15/06/2026) | Government Securities | 0.01% | |
| 6.55% Aditya Birla Capital Limited (24/07/2026) ** | Corporate Debt | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (15/06/2026) (FV 300 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Total | 100.00% |
Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
Sachin Jain has been associated with Axis AMC since 2017 and is responsible for managing domestic funds. Currently he oversees the Axis Overnight Fund, Axis Liquid Fund, Axis Ultra Short Duration Fund, Axis Strategic Bond Fund, Axis Gilt Fund.His experience and expertise includes money market and duration strategies in Fixed Income. Additionally, he has also worked on debt instruments like Corporate bonds, Government Securities, Derivatives and money market instruments.Sachin began his career in 2009 where he worked for Sunidhi Securities & Finance Limited. Prior to joining Axis AMC, he has worked for Sundaram AMC as a Fixed Income trader from 2013-2017.
RETURNS
It is an Open ended scheme that primarily invests in Liquid.
To Provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities.
The scheme benchmark is the Nifty Liquid Fund Index
It is classified as Low to Moderate Risk, suitable for investors with a Low to Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 6.21%
3-year: 6.92%
5-year: 6.11%
Top holdings include names such as:
The NAV is around ₹3,075.08 (approx.) for the Axis Liquid Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹56,168 Cr.
The expense ratio for the Regular Plan is 0.21.
0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹100. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Devang Shah, Aditya Pagaria, Sachin Jain
This fund is suitable for investors with a Low to Moderate risk tolerance.
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