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Debt · Liquid

Axis Liquid Fund

Axis Asset Management Co. Ltd.
Benchmark
NIFTY Liquid Index A-I
Riskometer
Low to Moderate
Size
₹63,703 cr
Allotted
9 Oct 2009
Holdings as of
30 Sep 2026

Axis Liquid Fund is a liquid fund of Axis Asset Management Co. Ltd. with ₹63,703 cr under management. It is ahead of its benchmark (NIFTY Liquid Index A-I) in 4 of 4 periods. Its direct plan charges 0.13% a year. Devang Shah has managed it for 13.9 years.

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What is Axis Liquid Fund invested in?

96% in debt, 0% in shares and 3% in cash, as of 30 Sep 2026.

Equity0.2%Debt96.3%Cash3.2%Other0.2%
Holdings as of 30 Sep 2026

Has Axis Liquid Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Liquid Index A-I, in 4 of 4 periods in AMFI's figures; +6.59% over the last year against +6.46%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month+0.42% −1.30% —
3 months+1.40% −4.28% —
6 months+2.88% −1.46% —
1 year+5.94% −4.25% +10.19 pts
3 years+6.36% +9.50% −3.14 pts
5 years+5.83% +8.14% −2.31 pts
10 years+5.54% +12.76% −7.22 pts
Since start
from 2 Mar 2010
+6.53%——
Valarth price history to 15 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 14 Oct 2026
Ahead of its benchmark (NIFTY Liquid Index A-I) in 4 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y +6.59%+6.49%+6.46% +0.13 🔒
3y +6.99%+6.89%+6.88% +0.11 🔒
5y +6.44%+6.36%+6.38% +0.06 🔒
10y +6.16%+6.08%+6.02% +0.14 🔒
Ahead in points a year · its rank among Liquid funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 15 Oct 2026
50100150200250300350400 20172019202120232025
Fund 171Nifty 500 TRI 329

₹100 put in at the start of Oct 2016 would be ₹171 on 15 Oct 2026, against ₹329 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does Axis Liquid Fund cost?

0.13% a year on the direct plan, 0.23% on the regular plan; 17 of 43 funds in its category charge less.

Direct plan
0.13% a year
Category median 0.13%
Regular plan
0.23% a year
Category median 0.25%
Gap
0.10 points
for the same holdings
17 of 43 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Income/Debt Oriented Schemes - Liquid Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Liquid Fund?

Devang Shah, since 5 Nov 2012; Aditya Pagaria, since 5 Nov 2012; Sachin Jain, since 5 Nov 2012.

Devang Shah
13.9 years
since 5 Nov 2012
Aditya Pagaria
13.9 years
since 5 Nov 2012
Sachin Jain
13.9 years
since 5 Nov 2012
Benchmark as filedNIFTY Liquid Index A-I
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
From 8 Scheme Summary Documents filed with NSE, first on 24 Feb 2026; as on 11 Oct 2026

Questions people ask

Who manages Axis Liquid Fund?

Devang Shah (manager) since 5 Nov 2012; Aditya Pagaria (manager) since 5 Nov 2012; Sachin Jain (manager) since 5 Nov 2012.

What is the expense ratio of Axis Liquid Fund?

0.13% a year on the direct plan and 0.23% on the regular plan (expense report, Oct 2026).

How has Axis Liquid Fund done?

Its direct plan returned +6.99% a year over 3 years against +6.88% for its benchmark, NIFTY Liquid Index A-I, as of 14 Oct 2026.

Inside the app

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Axis Liquid Fund in the app: beside your own funds, with what you own through them

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