|Min SIP Amount||₹1000|
|NAV||₹23.22 (11 Aug 2020)|
|Fund Started||22 Jan 2010|
|Fund Size||₹9,131 Cr|
|Food Corporation of India||FMCG||Bonds||3.6%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.1%|
|LIC Housing Finance Ltd.||Financial||Debenture||2.7%|
|Reliance Industries Ltd.||Energy||CP||2.7%|
|Larsen & Toubro Ltd.||Construction||CP||2.7%|
|National Bank For Agriculture & Rural Development||Financial||NCD||2.3%|
Axis Short Term Fund Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 22 Jan 2010. Devang Shah is the Current Fund Manager of Axis Short Term Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9,131 Cr and the Latest NAV as of 11 Aug 2020 is ₹23.22.
The Axis Short Term 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.