Axis Short Term Direct Fund Dividend Monthly+0.07%

4Groww
10.26%
1 Year Return
Debt
Short Duration
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Short Term Direct Fund Dividend Monthly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.28%
NAV10.1 (20 Aug 2019)
Fund Started01 Jan 2013
Fund Size2,054 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Short Term Direct Fund Dividend Monthly
10.3%
8.2%
8.9%
8.9%
Category Average
9.0%
NA
NA
-
Rank within category
5
5
6
-
*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
    30
    with 10.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. 5Y Returns are higher than the benchmark
    6. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    India Grid TrustEngineeringDebenture4.9%
    GOISovereignGOI Sec4.1%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.9%
    REC Ltd.FinancialBonds/NCD3.7%
    LIC Housing Finance Ltd.FinancialDebenture3.7%
    Small Industries Devp. Bank of India Ltd.FinancialDebenture3.4%
    LIC Housing Finance Ltd.FinancialNCD3.2%
    Tata Sons Ltd.FinancialBonds/Deb3.2%
    Reliance Industries Ltd.EnergyNCD2.6%
    GOISovereignGOI Sec2.5%
    See All

    Fund Managers

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

    Other Details

    Axis Short Term Direct Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Devang Shah is the Current Fund Manager of Axis Short Term Direct Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹2,054 Cr and the Latest NAV as of 20 Aug 2019 is ₹10.1.

    The Axis Short Term Direct Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    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.

    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
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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