Sharpe ratio
-8.84Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.65%1Y Absolute Return
+0.04%1D
Loading NAV history…
Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Liquid Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age13.9 yrs
Fund information
Scheme code120389
ISININF846K01CX4
BenchmarkNIFTY Liquid Index A-I
CategoryDebt Scheme - Liquid Fund
Expense ratio0.12%
Exit loadExit 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.
Minimum SIP₹100 SIP
Return comparison
2nd / 360 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.86% | — | — |
| 3M | +6.36% | — | — |
| 6M | +6.74% | — | — |
| 1Y | +6.65% | — | -3.10% |
| 3Y | +6.97% | — | -0.91% |
| 5Y | +6.50% | — | -1.97% |
| 10Y | +6.15% | — | — |
| Since Launch | +6.86% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-26.14Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.20%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
35.84How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio114%
Debt113.73%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 137 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| 91 Days Tbill (MD 17/09/2026) | Financial | Treasury Bills | 6.6132% |
| CANARA BANK CD 01SEP26 | Financial | Certificate of Deposit | 4.3557% |
| EXPORT IMPORT BANK OF INDIA 91D CP 03SEP26 | Financial | Commercial Paper | 3.9129% |
| UNION BANK OF INDIA CD 23JUL26 | Financial | Certificate of Deposit | 2.7757% |
| HDFC Bank Limited (16/09/2026) ** | Financial | Certificate of Deposit | 2.6943% |
| INDIAN BANK CD 08SEP26 | Financial | Certificate of Deposit | 2.6434% |
| HDFC BANK LIMITED CD 10SEP26 | Financial | Certificate of Deposit | 2.587% |
| GOVERNMENT OF INDIA 37010 182 DAYS TBILL 30JL26 FV RS 100 | Financial | Treasury Bills | 2.475% |
| HDFC Bank Limited (25/08/2026) ** # | Financial | Certificate of Deposit | 2.3184% |
| TATA STEEL LIMITED 90D CP 03SEP26 | Materials | Commercial Paper | 2.2036% |
Fund management
AD
Aditya Pagaria
Since 2016 · Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
SA
Sachin Jain
Since 2023 · Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Mr. Jain is a B.Tech, AGMP (Management)
DE
Devang Shah
Since 2012 · Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mr. Shah is B.Com and ACA.
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - liquid fund. NAV has been stable for its category — worst fall -0.19% with 0.2% volatility.
Strengths
- NAV has been stable for its category — worst fall -0.19% with 0.2% volatility.
- Same fund manager for 14+ years — the strategy has not chopped and changed.
- Ranks 2 of 360 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None