{"id":232305,"date":"2026-09-04T17:20:41","date_gmt":"2026-09-04T11:50:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/"},"modified":"2026-09-04T17:20:41","modified_gmt":"2026-09-04T11:50:41","slug":"axis-liquid-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/","title":{"rendered":"Axis Liquid Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-liquid-fund-g-direct-plan\">Axis Liquid Fund Direct Growth Plan<\/a> has a NAV of \u20b93,157.9953 as of 03 Sep 2026 and a scheme AUM of \u20b956,437 Cr. Its 1-year, 3-year and 5-year returns are 6.61%, 7.03% and 6.38%, respectively, and the fund is in the Balanced Risk category.<\/p>\n<p>Our view is that this is a liquid fund for investors who want comparatively steady short-term parking with a portfolio built around very short-dated debt and cash equivalents. The return pattern has stayed close to benchmark movement over longer periods, while the current portfolio structure suggests low duration sensitivity rather than a pursuit of aggressive upside.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_Liquid\" title=\"Should you BUY or HOLD Axis Liquid?\">Should you BUY or HOLD Axis Liquid?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_Liquid_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis Liquid Fund Direct Growth Plan?\">What is the current NAV of Axis Liquid Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#How_has_Axis_Liquid_Fund_Direct_Growth_Plan_performed_over_1_year_3_years_and_5_years\" title=\"How has Axis Liquid Fund Direct Growth Plan performed over 1 year, 3 years and 5 years?\">How has Axis Liquid Fund Direct Growth Plan performed over 1 year, 3 years and 5 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_peer_liquid_funds\" title=\"How does the fund compare with peer liquid funds?\">How does the fund compare with peer liquid funds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#What_is_the_funds_exit_load_structure\" title=\"What is the fund\u2019s exit load structure?\">What is the fund\u2019s exit load structure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Who_manages_the_fund\" title=\"Who manages the fund?\">Who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-liquid-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b93,157.9953 as of 03 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b956,437 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.14%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>31 Dec 2012<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Liquid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, NIL on or after 7D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Devang Shah, Aditya Pagaria, Sachin Jain<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Devang Shah, Aditya Pagaria and Sachin Jain.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.57%<\/td>\n<td>-3.01%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.77%<\/td>\n<td>1.95%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.61%<\/td>\n<td>-4.4%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.03%<\/td>\n<td>5.74%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.38%<\/td>\n<td>6.27%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent return pattern looks stable rather than abrupt. Over 1 month and 3 months, the fund has produced positive returns, and the movement has been smoother than the benchmark\u2019s swings in the same windows. That matters for a liquid strategy, because investors usually want short holding periods to behave predictably rather than chase sharp spikes.<\/p>\n<p>Over 1 year, the fund has clearly stayed ahead of the benchmark, which is especially relevant because the benchmark return is negative over the same period. That gap tells us the fund handled the recent cycle more defensively than the index. It also indicates that the fund\u2019s short-term experience was not simply a one-off rebound; it came on top of a return profile that remained positive across the periods we can read.<\/p>\n<p>The longer window is more measured. The 3-year return is above the benchmark, while the 5-year return is only slightly ahead. So the fund has shown an edge, but not a dramatic one. Our read is that this is consistent with a liquid fund where preservation and incremental compounding matter more than large excess returns.<\/p>\n<p>The time pattern also points to limited volatility relative to equity-style behaviour. Instead of large drawdowns and sharp recoveries, the fund\u2019s movement has been gradual. For investors, that usually means less drama, but also a capped upside profile compared with riskier categories.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Axis_Liquid\"><\/span>Should you BUY or HOLD Axis Liquid?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Axis Liquid? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-liquid-fund-g-direct-plan\">Axis Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.61%<\/td>\n<td>7.03%<\/td>\n<td>6.38%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sundaram-liquid-fund-g-direct-plan\">Sundaram Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.61%<\/td>\n<td>7.03%<\/td>\n<td>6.37%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-liquid-fund-g-direct-plan\">Aditya Birla SL Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.6%<\/td>\n<td>7.03%<\/td>\n<td>6.39%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/jioblackrock-liquid-fund-g-direct-plan\">JioBlackRock Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.6%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/edelweiss-liquid-fund-g-direct-plan\">Edelweiss Liquid Fund Direct Growth Plan<\/a><\/td>\n<td>6.58%<\/td>\n<td>7.03%<\/td>\n<td>6.37%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return is close to the strongest peer figures in this group, so the recent result is broadly in line with the better short-term outcomes among the comparable liquid funds. Its 3-year return is also aligned with the stronger peer cluster, while the 5-year figure sits in the same narrow band as the other established funds here. That combination suggests the fund has kept pace over both shorter and longer holding periods.<\/p>\n<p>The short-term and longer-term comparisons tell a similar story rather than two different ones: the fund has been competitive without separating itself dramatically. That matters in a liquid fund, because consistency across time usually matters more than a single standout period. One practical takeaway is that the fund has not needed an aggressive return profile to stay close to peer outcomes while keeping a low-duration character.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Clearing Corporation of India Ltd<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>8.61%<\/td>\n<\/tr>\n<tr>\n<td>91 Days Tbill (MD 17\/09\/2026)<\/td>\n<td>Treasury Bills<\/td>\n<td>4.49%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited (16\/10\/2026) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>3.13%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture and Rural Development (30\/11\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>2.33%<\/td>\n<\/tr>\n<tr>\n<td>91 Days Tbill (MD 15\/10\/2026)<\/td>\n<td>Treasury Bills<\/td>\n<td>2.31%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited (10\/09\/2026)<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.09%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Limited (16\/09\/2026) **<\/td>\n<td>Certificate of Deposit<\/td>\n<td>2.05%<\/td>\n<\/tr>\n<tr>\n<td>Hindustan Petroleum Corporation Limited (29\/09\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>1.89%<\/td>\n<\/tr>\n<tr>\n<td>Export Import Bank of India (07\/09\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>1.58%<\/td>\n<\/tr>\n<tr>\n<td>National Bank for Agriculture and Rural Development (03\/09\/2026) **<\/td>\n<td>Commercial Paper<\/td>\n<td>1.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Clearing Corporation of India Ltd at 8.61%, which is meaningful in absolute terms but still modest in the context of a liquid portfolio. After that, the weights step down quickly into the 4% to 2% range, which suggests the fund is not leaning on one position alone to drive outcomes.<\/p>\n<p>The tenth holding is 1.58%, so the gap from the first to the tenth is fairly clear. That pattern points to a controlled exposure structure rather than heavy concentration in a handful of names. The mix across treasury bills, certificates of deposit, commercial paper and cash equivalents may help keep return behaviour more anchored to very short-dated instruments.<\/p>\n<p>The top 10 holdings account for approximately 30.06% of the portfolio. Because the fund discloses 61 holdings in total, the visible positions are only part of a much longer tail, which may reduce dependence on any one security. Our view is that this kind of spread is typical of a conservative liquid-fund construction where liquidity and short tenor are central.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/axis-liquid-fund-g-direct-plan\">Axis Liquid Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who are comfortable with a low-to-moderate risk profile and want money parked in a liquid strategy rather than in a growth-seeking equity fund. The 1-year, 3-year and 5-year return pattern is steady, and the benchmark comparison shows that it has held up well through a weaker equity backdrop.<\/p>\n<p>The key trade-off is that the fund may offer more stability than volatility, but it is not designed to generate high upside. Investors with a short horizon, or those who need a parking option where capital preservation and modest compounding matter more than rapid gains, are the closest fit. The portfolio\u2019s emphasis on cash equivalents, treasury bills and short-dated paper supports that profile.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<ul>\n<li>0.007% for Day 1, 0.0065% on Day 2, 0.0060% on Day 3, 0.0055% on Day 4, 0.0050% on Day 5, 0.0045% on Day 6, and NIL on or after 7D.<\/li>\n<li>No exit load after the holding period.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 03 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_Liquid_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis Liquid Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b93,157.9953 as of 03 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_Axis_Liquid_Fund_Direct_Growth_Plan_performed_over_1_year_3_years_and_5_years\"><\/span>How has Axis Liquid Fund Direct Growth Plan performed over 1 year, 3 years and 5 years?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is 6.61%, the 3-year return is 7.03% and the 5-year return is 6.38%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outpaced the benchmark across 1-year, 3-year and 5-year horizons, and the benchmark was negative over 1 year. That makes the fund\u2019s recent and longer-term pattern look steadier than the benchmark\u2019s.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_peer_liquid_funds\"><\/span>How does the fund compare with peer liquid funds?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year, 3-year and 5-year returns sit close to the stronger peer figures in the group. The comparison suggests it has stayed competitive without making a large gap to the other established liquid funds.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_funds_exit_load_structure\"><\/span>What is the fund\u2019s exit load structure?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The exit load reduces from 0.007% on Day 1 to 0.0045% on Day 6, and it is nil on or after 7D. There is no exit load after the holding period.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund\"><\/span>Who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Devang Shah, Aditya Pagaria and Sachin Jain.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Axis Liquid Fund Direct Growth Plan has shown a stable return profile over 1 year, 3 years and 5 years, with performance that stays close to the stronger peer group and ahead of the benchmark across the same windows. The portfolio is built around cash equivalents, treasury bills and short-dated debt, which supports a conservative liquid-fund character. For investors who value short-horizon stability and modest compounding more than high upside, that mix is the central appeal.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 4 September 2026 at 5:18 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Axis Liquid Fund Direct Growth Plan\",\"identifier\":\"axis-liquid-fund-g-direct-plan\",\"category\":\"Liquid\",\"dateCreated\":\"31 Dec 2012\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":3157.9953,\"valueReference\":\"as of 03 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"56437 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.14\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.61},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.03},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.38},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Devang Shah, Aditya Pagaria, Sachin Jain\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis Liquid Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b93,157.9953 as of 03 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"How has Axis Liquid Fund Direct Growth Plan performed over 1 year, 3 years and 5 years?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 6.61%, the 3-year return is 7.03% and the 5-year return is 6.38%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outpaced the benchmark across 1-year, 3-year and 5-year horizons, and the benchmark was negative over 1 year. That makes the fund\u2019s recent and longer-term pattern look steadier than the benchmark\u2019s.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with peer liquid funds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year, 3-year and 5-year returns sit close to the stronger peer figures in the group. The comparison suggests it has stayed competitive without making a large gap to the other established liquid funds.\"}},{\"@type\":\"Question\",\"name\":\"What is the fund\u2019s exit load structure?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load reduces from 0.007% on Day 1 to 0.0045% on Day 6, and it is nil on or after 7D. There is no exit load after the holding period.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Devang Shah, Aditya Pagaria and Sachin Jain.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis Liquid Fund Direct Growth Plan has a NAV of \u20b93,157.9953 as of 03 Sep 2026, AUM of \u20b956,437 Cr and 1Y, 3Y, 5Y returns of 6.61%, 7.03% and 6.38%.<\/p>\n","protected":false},"author":29,"featured_media":232300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["232300"],"rank_math_title":["Axis Liquid Fund Review 2026 | NAV &amp; Returns"],"rank_math_description":["Axis Liquid Fund Direct Growth Plan NAV \u20b93,157.9953; 1Y return 6.61%. See returns, portfolio and review for 2026."],"rank_math_focus_keyword":["Axis Liquid Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Axis_Liquid_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232305"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/232300"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}