| NAV: 13 May 2022 | ₹26.51 |
| Min. SIP amount | ₹1,000 |
| Rating | 4 |
| Fund size | ₹10,085.99Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.4% | 7.5% | 7.4% | 8.3% |
| Category average | 4.3% | 6.4% | 6.4% | NA |
| Rank with in category | 8 | 4 | 3 | NA |
Holdings (132)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Axis Money Market Fund Direct - Growth | Financial | Mutual Fund | 3.7% |
GOI | Sovereign | GOI FRB | 3.5% |
| State Bank of India | Financial | Additional Tier 2 Bo | 2.9% |
| Mahindra Rural Housing Finance Ltd. | Financial | Debenture | 2.4% |
Indian Bank | Financial | CD | 2.4% |
Hero FinCorp Ltd. | Financial | Debenture | 1.9% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 1.9% |
| Reliance Industries Ltd. | Energy | Debenture | 1.7% |
Madhya Pradesh State | Others | SDL | 1.7% |
LIC Housing Finance Ltd. | Financial | Bonds/NCD | 1.7% |
Expense ratio, exit load and tax
Expense ratio: 0.29%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Devang ShahJan 2013 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Axis Short Term Direct Fund Growth?
You can easily invest in Axis Short Term Direct Fund Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Axis Short Term Direct Fund Growth from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Axis Short Term Direct Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Axis Short Term Direct Fund Growth provide?
The Axis Short Term Direct Fund Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.38% since its inception.
How much expense ratio is charged by Axis Short Term Direct Fund Growth?
The term
Expense Ratio used for Axis Short Term Direct Fund Growth or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Axis Short Term Direct Fund Growth is 0.29% as of 17 May 2022...
What is the AUM of Axis Short Term Direct Fund Growth?
The AUM, short for Assets Under Management of Axis Short Term Direct Fund Growth is ₹10,085.99Cr as of 17 May 2022.
How to Redeem Axis Short Term Direct Fund Growth?
If you want to sell your Axis Short Term Direct Fund Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Axis Short Term Direct Fund Growth?
What is the NAV of Axis Short Term Direct Fund Growth?
The NAV of Axis Short Term Direct Fund Growth is ₹26.51 as of 13 May 2022.
