Fund Details
Axis Short Term Direct Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.30% |
| NAV | ₹25.29 (21 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹14,992 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.6% |
| Bank Of Baroda | Financial | CD | 3.6% |
| GOI | Sovereign | GOI Sec | 3.4% |
| State Bank of India | Financial | NCD | 3.3% |
| Food Corporation of India | FMCG | Bonds | 3.2% |
| Maharashtra State | Others | SDL | 2.8% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.7% |
| Reliance Industries Ltd. | Energy | Debenture | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Bonds/NCD | 1.6% |
Fund Managers
Axis Short Term Direct Fund Growth Details
Axis Short Term Direct Fund Growth is a DEBT Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Devang Shah is the Current Fund Manager of Axis Short Term Direct Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹14,992 Cr and the Latest NAV as of 21 Jan 2021 is ₹25.29.
The Axis Short Term Direct Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
