NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund


Axis Liquid Fund Growth for NRI [2706.89]

Min Investment


Fund Size

31,456.19 Cr

Expense Ratio


Exit Load


SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671



NAV as on 20 Jun 24, 12:00 AM

low to moderate risk



NAV as on 20 Jun 24, 12:00 AM

low to moderate risk




Last 1Y


Last 3Y


Last 5Y


Since Inception

About Axis Liquid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Liquid Fund 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 Oct 2009, Axis Liquid Fund Growth is Liquid fund of its category with 31,456.19 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • Axis Liquid Fund Growth delivered 7.3% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
  • Axis Liquid Fund 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


Small Industries Development Bank Of India


India (Republic of)


India (Republic of)


91 DTB 25072024


National Bank for Agriculture and Rural Development


Indian Bank


Indusind Bank Ltd.


India (Republic of)


Indian Bank


Fund Managers

  1. Devang Shah (Nov 2012 - Present)
  2. Aditya Pagaria (Aug 2016 - Present)
  3. Sachin Jain (Jul 2023 - Present)

Key Information

View Scheme Document

Axis Liquid Fund Growth SIP Calculator

If invested


per month

For a period of

Investment of 0 could have been


0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Axis Liquid Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Axis Liquid Fund 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 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

Frequently Asked Questions