Income-oriented debt or money-market exposure
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.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Money market instruments (including cash, repo, CPs, CDs, Treasury Bills and Government securities) with maturity/residual maturity up to 91 days - (50%-100%), Debt instruments (including floating rate debt instruments and securitized debt) with maturity/residual maturity/ weighted average maturity up to 91 days - (0%-50%)
- SEBI category
- Liquid
- Fund type
- Open Ended
- Primary benchmark
- NIFTY Liquid Index A-I
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Devang Shah, Mr. Aditya Pagaria, Mr. Sachin Jain
- Manager tenure on this scheme
- Since Mr. Devang Shah - 5th November 2012, Mr. Aditya Pagaria - 13th August 2016, Mr. Sachin Jain - 03rd July 2023
- Role / co-management
- Mr. Devang Shah - Comanage/Fixed Income, Mr. Aditya Pagaria - Comanage/Fixed Income, Mr. Sachin Jain - Comanage/Fixed Income
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Axis Liquid Fund - Daily IDCW Option | ₹1,000.9559 | 06 Sep 2026 |
| Axis Liquid Fund - Direct Plan - Daily IDCW Option | ₹1,000.9560 | 06 Sep 2026 |
| Axis Liquid Fund - Direct Plan - Growth Option | ₹3,159.6000 | 06 Sep 2026 |
| Axis Liquid Fund - Direct Plan - Monthly IDCW Option | ₹1,003.2786 | 06 Sep 2026 |
| Axis Liquid Fund - Direct Plan - Weekly IDCW Option | ₹1,003.5904 | 06 Sep 2026 |
| Axis Liquid Fund - Growth Option | ₹2,848.7364 | 06 Sep 2026 |
| Axis Liquid Fund - Monthly IDCW Option | ₹1,003.0506 | 06 Sep 2026 |
| Axis Liquid Fund - Regular Plan - Daily IDCW Option | ₹1,001.3998 | 06 Sep 2026 |
| Axis Liquid Fund - Regular Plan - Growth Option | ₹3,129.2433 | 06 Sep 2026 |
| Axis Liquid Fund - Regular Plan - Monthly IDCW Option | ₹1,003.8391 | 06 Sep 2026 |
| Axis Liquid Fund - Regular Plan - Weekly IDCW Option | ₹1,003.5746 | 06 Sep 2026 |
| Axis Liquid Fund - Weekly IDCW Option | ₹1,002.1569 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.22%, Direct 0.13%
- Exit load
- 0.0070% If redeemed or switched out withih 1 day, 0.0065% withih 2 days,0.0060%, withih 3 days, 0.0055% withih 4 days, 0.0050% withih 5 days, 0.0045% withih 6 days from date of allotment
- Minimum application
- 100 · multiples of 1
- SIP frequency
- SIP - Daily / Weekly /Monthly, SWP - Weekly / Monthly / Quarterly / Halfyearly / Yearly, STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- SIP - Daily, Weekly , Monthly - 100, SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00
- Minimum instalments
- SIP Daily , Weekly , Monthly - 6, SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.