|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹15.58 (16 Apr 2021)|
|Fund Started||16 Feb 2015|
|Fund Size||₹11,745 Cr|
Axis Short Term Direct Fund IDCW is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 16 Feb 2015. Devang Shah is the Current Fund Manager of Axis Short Term Direct Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹11,745 Cr and the Latest NAV as of 16 Apr 2021 is ₹15.58.
The Axis Short Term Direct Fund IDCW is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.