Axis Liquid Institutional Growth

liquid plus | liquid
NAV:  1962.61( 0.02%)   As on July 20th, 2018

Horizon: This is a great substitute for FD. Park your money here and get substantially higher returns than savings bank account. You can withdraw anytime as this does not have any exit load.

Smart Tip: Invest in this fund for very short investment horizon i.e. less than 3 months. The returns from these funds are the safest and have least fluctuations. Liquid funds are better than FD as they do not have penalties on early withdrawal and give much better returns than FD in the short term.

Upwardly Rank
21
Upwardly rank is calculated based on performance,
stability of returns, size, management cost and liquidity of fund.
/1600

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Invest in Axis Liquid Institutional Growth Mutual Fund via SIP or lumpsum

* SIP investments are not available in this fund
SEBI Registerd.
INA200006804
AMFI registered.
ARN-112426
Invest through BSE.
Member code: 11028
 
7.31

Annualized

Annualized return per year for the specified period,
net of all fund charges.

Return for 3 yrs

 
< 1 yr yrs
Investment
Recommended minimum period that investor
should stay invested for getting good returns,
however, you can withdraw anytime.\
Horizon
 
Doubled
Time period this fund took
to double the invested money
Money
 
7.98

Returns

Annualized return per year since inception,
net of all fund charges.

since October 9th, 2009

0
Exit Load
Period after which
there is no penalty for withdrawal

Fund Performance

Fund's historical return compared with Fixed Deposit
 
invested for
:   
3M
:   
6M
:   
1Y
:   
3Y
:   
5Y
3 and 6 Months returns are absolute

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time taken to Multiply
:   
2X
:   
4X
:   
5X

Top 5 holdings invested in

As on April 30th, 2018

Peer Comparison

Comparing returns for ₹ 1,00,000 invested 3 and 5 years back
   RankFund3 Yr Return5 Yr Return
1
Franklin India Ultra Short Bond Fund Super Institutional Growth₹ 1,29,032 (8.9%)₹ 1,56,683 (9.4%)
2
Franklin India Low Duration Fund Growth₹ 1,29,091 (8.9%)₹ 1,56,479 (9.4%)
3
Franklin India Short Term Income Plan Growth₹ 1,26,631 (8.2%)₹ 1,55,091 (9.2%)
4
Franklin India Dynamic Accrual Fund Growth₹ 1,29,008 (8.9%)₹ 1,54,338 (9.1%)
21
Axis Liquid Institutional Growth₹ 1,23,575 (7.3%)₹ 1,47,441 (8.1%)

Fund's Detail Information

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.
Basic Details

Fund House

Axis

Launch Date

October 9th, 2009

Expense Ratio
Amount deducted by the fund, per annum,
for managing the fund and paying commissions
to distributors.Lower the better

0.15%

Fund Category Risk

Low

Fund Risk
Std Dev (1 Yr)

Std Dev (3 Yr)

Std Dev (5 Yr)


0.2%
0.2%
0.3%

Return Range

Average

Fund Type

open Ended

Asset Size

24161Cr
Investment Details

Investment Plan

Growth

Return since Launch

7.98%

Minimum Investment

500

Minimum Addl Investment

1

Modified Duration

0.11506

Exit Load

0%

Tax Impact

30% of profit if withdrawn before 3 year
5% of profit if withdrawn after 3 year
Contact Details

Fund Manager(s)

Aditya Pagaria
Devang Shah

Tel. No.

+91 22 43255161

Fax No.

Website

www.axismf.com