Axis Short Term Direct Fund Dividend Monthly+0.04%

5
10.76%
1 Year Return
Debt
Short Duration
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Short Term Direct Fund Dividend Monthly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.30%
NAV10.15 (18 Sep 2020)
Fund Started01 Jan 2013
Fund Size9,375 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Short Term Direct Fund Dividend Monthly
10.8%
8.9%
9.1%
9.2%
Category Average
8.3%
5.9%
7.0%
-
Rank within category
5
1
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.28%
    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
    6. Exit load is zero
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Food Corporation of IndiaFMCGBonds6.4%
    Maharashtra StateOthersSDL5.4%
    GOISovereignGOI Sec3.8%
    Reliance Industries Ltd.EnergyDebenture3.6%
    Reliance Industries Ltd.EnergyCP2.6%
    Larsen & Toubro Ltd.ConstructionCP2.6%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.3%
    GOISovereignGOI Sec2.1%
    Mahindra & Mahindra Financial Services Ltd.FinancialDebenture2.0%
    Tata Capital Financial Services Ltd.FinancialDebenture2.0%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed

    Axis Short Term Direct Fund Dividend Monthly Details

    Axis Short Term Direct Fund Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹9,375 Cr and the Latest NAV as of 18 Sep 2020 is ₹10.15.

    The Axis Short Term Direct Fund Dividend Monthly is rated Moderately Low 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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