|Min SIP Amount||₹1000|
|NAV||₹10.13 (27 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹12,288 Cr|
|Food Corporation of India||FMCG||Bonds||4.4%|
|Power Finance Corpn. Ltd.||Financial||NCD||3.3%|
|Reliance Industries Ltd.||Energy||Debenture||2.9%|
|State Bank of India||Financial||NCD||2.2%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||2.2%|
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 ₹12,288 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.13.
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.