Axis Liquid Fund – Regular Growth

Liquid Funds (also known as Cash Funds) or Ultra Short Term Bond Funds invest in fixed return instruments of short maturities. Their main aim is to provide a high level of safety and earn a modest return. Of course, you will not get the spectacular returns of an equity fund. But neither will you face the same level of risk.Only when you have surplus money that you need to park for a short period of time in safe instruments, especially money that might be idling in a bank savings account. These funds are ideally meant for money that you do not want to block in longer term investments such as shares, fixed deposits, government bonds, etc. Consider such funds when you need the money back in a few days, few weeks or a few months. These are not suitable when you need to invest for periods greater than 6 months. Even a single percentage difference makes a big impact over the long term.

Key Features

• Three benefits in one – relatively safe, liquid and offers potentially good returns
• No long commitments – you can invest your money for a very short period – one day, a week, a month or more!
• Easy to use – You can withdraw your money by simply calling or sending an SMS. The money will get credited to your bank account the very next working day*
• *A valid redemption request has to be placed before 3 PM on any working day subject to applicable regulationActively allocates between equity and debt

This Product is suitable for Investors who are seeking

• Regular income over short term
• Investment in debt and money market instruments