Fund Details
Axis Short Term Fund Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.01% |
| NAV | ₹10.31 (27 Nov 2020) |
|---|---|
| Fund Started | 22 Jan 2010 |
| Fund Size | ₹12,288 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. 1Y Returns are higher than the benchmark
3. 3Y Returns are higher than the benchmark
4. 5Y Returns are higher than the benchmark
5. Exit load is zero
6. Risk-adjusted returns are higher compared to the category
7. 1Y Returns are higher than the category average returns
8. 3Y Returns are higher than the category average returns
9. 5Y Returns are higher than the category average returns
10. 10Y Returns are higher than the category average returns
1. Risk is higher compared to the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 4.4% |
| GOI | Sovereign | GOI Sec | 4.4% |
| Maharashtra State | Others | SDL | 3.5% |
| GOI | Sovereign | GOI Sec | 3.4% |
| 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% |
| GOI | Sovereign | GOI Sec | 2.1% |
| GOI | Sovereign | GOI Sec | 2.0% |
Fund Managers
Axis Short Term Fund Dividend Monthly Details
Axis Short Term Fund Dividend Monthly 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 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 ₹10.31.
The Axis Short Term 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.
