Axis Liquid Fund

Direct Plan · Daily IDCW Option · Liquid Funds · Scheme code 120388

NAV₹1,000.9560as on 12 Nov 2026

Fund houseAxis Mutual Fund

CategoryLiquid Funds

Plan & optionDirect · Daily IDCW Option

History13.9 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Liquid Funds category median	—	—	—	6.52	6.90	6.42	—	6.11	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.0%	—	—	—	—	-0.2%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
4,693	-0.2%	0.0%	0.2%	1%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

Axis Liquid Fund

Direct Plan · Daily IDCW Option

Allocation

By asset

Debt	87.31%
Cash & Equivalents	12.41%
AIF Units	0.23%

By market cap

Concentration

Number of stocks	133
Top 5 stocks	12.95%
Top 10 stocks	22.02%
Top 20 stocks	36.25%
Lines in the filing	140

Largest holding	3.10%
Largest sector	CRISIL A1+ 48.74%
Effective stocks	94.7
Sectors held	8
Cash	0.00%

Effective stocks is what the concentration works out to: a fund holding 133 names but most of its money in a few behaves like a fund of 95. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL A1+	48.74%
ICRA A1+	20.12%
Cash & Equivalents	12.41%
IND A1+	6.65%
CARE A1+	6.47%
Sovereign	4.44%
CRISIL AAA	0.76%
Unclassified	0.23%
ICRA AAA	0.13%

Axis Liquid Fund

Direct Plan · Daily IDCW Option · holdings as on 31 Oct 2026

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	Clearing Corporation of India Ltd	Unclassified	—	3,749	6.97%
2	Clearing Corporation of India Ltd	Unclassified	—	2,820	5.24%
3	Small Industries Dev Bank of India (02/12/2026)	CRISIL A1+	33,500	1,665	3.10%
4	National Bank For Agriculture and Rural Development (30/11/2026)	ICRA A1+	30,000	1,491	2.77%
5	91 Days Tbill (MD 31/12/2026)	Sovereign	146,712,500	1,454	2.70%
6	NTPC Limited (23/11/2026)	CRISIL A1+	24,500	1,220	2.27%
7	Reliance Industries Limited (05/01/2027)	CRISIL A1+	23,000	1,135	2.11%
8	Union Bank of India (27/01/2027)	IND A1+	21,000	1,031	1.92%
9	Canara Bank (25/11/2026)	CRISIL A1+	20,000	995	1.85%
10	Hindustan Petroleum Corporation Limited (02/12/2026)	CRISIL A1+	20,000	994	1.85%
11	Union Bank of India (15/12/2026)	IND A1+	20,000	991	1.84%
12	NTPC Limited (24/12/2026)	CRISIL A1+	17,500	866	1.61%
13	Reliance Retail Ventures Limited (06/11/2026)	CRISIL A1+	17,000	849	1.58%
14	91 Days Tbill (MD 19/11/2026)	Sovereign	84,500,000	843	1.57%
15	Tata Teleservices (Maharashtra) Limited (17/11/2026)	CRISIL A1+	16,000	797	1.48%
16	Tata Steel Limited (02/12/2026)	ICRA A1+	16,000	795	1.48%
17	Reliance Retail Ventures Limited (02/12/2026)	CRISIL A1+	15,000	745	1.39%
18	LIC Housing Finance Limited (26/11/2026)	CRISIL A1+	15,000	746	1.39%
19	Bank of Baroda (23/12/2026)	CRISIL A1+	15,000	742	1.38%
20	Central Bank of India (09/12/2026)	CARE A1+	15,000	744	1.38%
21	Bank of India (04/12/2026)	CARE A1+	14,000	695	1.29%
22	Punjab National Bank (04/12/2026)	CRISIL A1+	14,000	696	1.29%
23	HDFC Bank Limited (14/12/2026)	CARE A1+	13,500	669	1.24%
24	Small Industries Dev Bank of India (18/12/2026)	CRISIL A1+	13,500	669	1.24%
25	Aditya Birla Housing Finance Limited (25/01/2027)	CRISIL A1+	12,000	589	1.10%
26	LIC Housing Finance Limited (11/11/2026)	CRISIL A1+	11,500	574	1.07%
27	ICICI Securities Limited (26/11/2026)	CRISIL A1+	11,000	547	1.02%
28	Canara Bank (18/11/2026)	ICRA A1+	11,000	548	1.02%
29	Export Import Bank of India (14/12/2026)	CRISIL A1+	10,400	516	0.96%
30	Cholamandalam Investment and Finance Company Ltd (12/11/2026)	ICRA A1+	10,000	499	0.93%

Axis Liquid Fund

Direct Plan · Daily IDCW Option · where the money sits

What the manager did last month

Between the filings of 31 May 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹496 cr	₹1,620 cr	107	116	+1.25%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
91 Days Tbill (MD 17/09/2026)	300,000,000	entered	—	2,980
HDFC Bank Limited (16/10/2026)	40,000	entered	—	1,972
Export Import Bank of India (03/09/2026)	35,500	entered	—	1,765
91 Days Tbill (MD 15/10/2026)	147,500,000	entered	—	1,459
HDFC Bank Limited (10/09/2026)	26,500	entered	—	1,316
HDFC Bank Limited (16/09/2026)	26,000	entered	—	1,289
Indian Bank (08/09/2026)	24,000	entered	—	1,192
Hindustan Petroleum Corporation Limited (29/09/2026)	24,000	entered	—	1,188
Added to
7.64% Power Finance Corporation Limited (25/08/2026)	37,370	+213.5%	+0.2%	374
364 Days Tbill (MD 06/08/2026)	10,000,000	+25.0%	+0.9%	99.9
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2	18,592	+21.5%	+1.1%	22.2
Trimmed
HDFC Bank Limited (25/08/2026)	15,000	-93.8%	+1.3%	747
HDFC Securities Limited (06/08/2026)	7,000	-77.8%	+1.4%	350
HDFC Securities Limited (12/08/2026)	4,500	-90.0%	+1.4%	225
Bajaj Finance Limited (13/08/2026)	4,000	-57.1%	+1.4%	200
91 Days Tbill (MD 13/08/2026)	5,000,000	-10.0%	+0.9%	49.9
Nuvama Wealth Finance Limited (24/08/2026)	1,000	-33.3%	+1.6%	49.8
Sold out of
91 Days Tbill (MD 11/06/2026)	179,000,000	exited	—	1,787
National Bank For Agriculture and Rural Development (09/06/2026)	35,000	exited	—	1,748
Union Bank of India (23/07/2026)	25,000	exited	—	1,237
91 Days Tbill (MD 04/06/2026)	123,560,400	exited	—	1,235
Bank of Baroda (12/08/2026)	25,000	exited	—	1,232
182 Days Tbill (MD 30/07/2026)	111,500,000	exited	—	1,105
Bank of Baroda (17/06/2026)	22,000	exited	—	1,097
Reliance Retail Ventures Limited (22/06/2026)	20,000	exited	—	996

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹599,993	₹-7	0.00%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 13 Nov 2026.