| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.28% |
| NAV | ₹24.37 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹6,005 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 3.5% |
| Reserve Bank of India | Financial | T-Bills | 3.3% |
| GOI | Sovereign | GOI Sec | 3.2% |
| India Grid Trust | Engineering | Debenture | 3.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.6% |
| National Highways Authority of India Ltd. | Services | Bonds | 2.6% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 2.4% |
| HDB Financial Services Ltd. | Financial | Debenture | 2.3% |
| Reliance Industries Ltd. | Energy | NCD | 2.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.1% |
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 ₹6,005 Cr and the Latest NAV as of 03 Jul 2020 is ₹24.37.
The Axis Short Term Direct Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.