NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹2571.47
0.02%
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
6.87%p.a.
Last 1Y
5.86%p.a.
Last 3Y
4.83%p.a.
Last 5Y
6.59%p.a.
Since Inception
About Axis Liquid Fund Retail Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Liquid Fund Retail Growth scheme from Axis Asset Management Company Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Mar 2010, Axis Liquid Fund Retail Growth is Liquid fund of its category with 34,315.74 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- Axis Liquid Fund Retail Growth delivered 6.9% annual returns during the last year. It has delivered 6.6% average annual returns since the fund was launched.
- Axis Liquid Fund Retail Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
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.
Top 10 Holdings
Punjab National Bank (04/02/2025)
3.57%
Hdfc Bank Limited (12/12/2024)
3.01%
State Bank Of India (27/12/2024)
3.00%
State Bank Of India (12/12/2024)
2.86%
182 DTB 30012025
2.80%
91 Days Treasury Bill 21-Feb-2025
2.23%
Bank Of India (27/02/2025)
2.22%
91 Days Tbill Red 27-02-2025
1.96%
Clearing Corporation Of India Ltd
1.95%
182 DTB 26122024
1.80%
Fund Managers
- Devang Shah (Nov 2012 - Present)
- Aditya Pagaria (Aug 2016 - Present)
- Sachin Jain (Jul 2023 - Present)
Key Information
View Scheme Document
Axis Liquid Fund Retail Growth SIP Calculator
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NRI Mutual Fund Tax on Axis Liquid Fund Retail Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Liquid Fund Retail Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Liquid Fund Retail Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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