Axis Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 22 Jan 2010. Devang Shah is the Current Fund Manager of Axis Short Term Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹2,347 Cr and the Latest NAV as of 16 Oct 2019 is ₹10.28.
The Axis Short Term 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