Axis Liquid Fund vs Aditya Birla Sun Life Large Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.98%
3Y Return
14.14%
Dekho, investors, we have two funds for you - Axis Liquid Fund and Aditya Birla Sun Life Large Cap Fund. Both are popular choices in their respective categories, Liquid and Large Cap. In this article, we will compare these two funds and help you decide which one is better for your long-term wealth creation.
| Parameter | AAxis Liquid Fund - Direct Plan - Growth | BAditya Birla Sun Life Large Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Axis Mutual Fund | Aditya Birla Sun Life |
| Category | Liquid | Large Cap |
| NAV (₹) | 3096.85 | 1009.42 |
| AUM (₹ Cr) | 5.16 Lac Cr | 1.90 Lac Cr |
| Expense Ratio (%) | 0.11% | 0.52% |
| Riskometer | Low | Very High |
| Volatility | 0.11 | 12.61 |
| Sharpe Ratio | 4.36 | 0.61 |
| 1 Year Return (%) | 6.25% | 2.72% |
| 3 Year Return (%) | 6.98% | 14.14% |
| 5 Year Return (%) | 6.17% | 10.5% |
| Since Launch (%) | 6.86% | 14.49% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 1 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Aditya Pagaria; Devang Shah; Sachin Jain (13.4 years yrs) | Mahesh Patil (3.5 years yrs) |
| Benchmark | NIFTY Liquid Index | Nifty 50 |
| Top 3 Holdings | Reserve Bank of India (3.46%), National Bank For Agriculture & Rural Development (3.37%), Reliance Jio Infocomm Ltd. (2.9%) | HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), Reliance Industries Ltd. (6.9%) |
| Asset Allocation | CP: 53.47% | CD: 31.44% | T-Bills: 11.86% | Debenture: 0.88% | Money Mkt: 0.39% | Bonds/NCD: 0.28% | NCD: 0.24% | Debt: 0.09% | IRS: 0.0% | Equity: 96.00% | T-Bills: 4.00% |
| Portfolio Turnover | 207% | 29% |
🤖 AI Verdict – Which is Better?
Chaliye, let's compare the 3-year returns, expense ratio, and risk level. Axis Liquid Fund has a 3-year return of 6.98%, while Aditya Birla Sun Life Large Cap Fund has a 3-year return of 14.14%. However, the latter has a very high risk level, as indicated by the Riskometer. Considering these factors, we think Axis Liquid Fund is a better choice for long-term wealth creation.
Why consider Axis Liquid Fund?
- Expense ratio: 0.11%
- 3Y return: 6.98%
- AUM: 5.16 Lac Cr
- Sharpe Ratio: 4.36
Why consider Aditya Birla Sun Life Large Cap Fund?
- Expense ratio: 0.52%
- 3Y return: 14.14%
- AUM: 1.90 Lac Cr
- Sharpe Ratio: 0.61
📈 SIP Suitability
Sach ye hai, SIPs are a great way to invest for the long term. For a monthly SIP of 10+ years, we think Axis Liquid Fund is a better choice. Its returns are more stable and consistent, making it a safer bet for long-term investors.
⚠️ Risk & Cost Analysis
Haan, risk and cost are crucial factors to consider when investing in funds. Axis Liquid Fund has a low risk level, as indicated by the Riskometer, and a volatility of 0.11. Its Sharpe ratio is also high at 4.36. On the other hand, Aditya Birla Sun Life Large Cap Fund has a very high risk level and a Sharpe ratio of 0.61. Considering these factors, we think Axis Liquid Fund offers better risk-adjusted returns.
📊 Portfolio Diversification
Lekin, let's compare the asset allocation of both funds. Axis Liquid Fund has a diversified portfolio, with a mix of CP, CD, T-Bills, and Bonds/NCD. Its top holdings are also diversified, with no single holding accounting for more than 3.5%. Aditya Birla Sun Life Large Cap Fund, on the other hand, has a highly concentrated portfolio, with a single equity holding accounting for more than 8%. Considering these factors, we think Axis Liquid Fund is more diversified.
SIP Calculator – Compare Growth Potential
Axis Liquid Fund
₹869500.53
@7.0% annual return (3Y)
Aditya Birla Sun Life Large Cap Fund
₹1321695.07
@14.1% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Sach ye hai, according to the 5-year returns, Aditya Birla Sun Life Large Cap Fund has a return of 10.5%, while Axis Liquid Fund has a return of 6.17%. However, considering the risk level, we think Axis Liquid Fund is a better choice for long-term wealth creation.
Q2: Is the higher risk fund worth it?
Haan, the higher risk fund may offer higher returns, but it also comes with higher volatility. According to the Sharpe ratio, Aditya Birla Sun Life Large Cap Fund has a Sharpe ratio of 0.61, while Axis Liquid Fund has a Sharpe ratio of 4.36. Considering these factors, we think Axis Liquid Fund offers better risk-adjusted returns.
Q3: Which fund is more cost-effective?
Sach ye hai, according to the expense ratio, Axis Liquid Fund has an expense ratio of 0.11%, while Aditya Birla Sun Life Large Cap Fund has an expense ratio of 0.52%. Considering these factors, we think Axis Liquid Fund is more cost-effective.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price