| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.01% |
| NAV | ₹10.33 (18 Sep 2020) |
|---|---|
| Fund Started | 22 Jan 2010 |
| Fund Size | ₹9,375 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Food Corporation of India | FMCG | Bonds | 6.4% |
| Maharashtra State | Others | SDL | 5.4% |
| GOI | Sovereign | GOI Sec | 3.8% |
| Reliance Industries Ltd. | Energy | Debenture | 3.6% |
| Reliance Industries Ltd. | Energy | CP | 2.6% |
| Larsen & Toubro Ltd. | Construction | CP | 2.6% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 2.3% |
| GOI | Sovereign | GOI Sec | 2.1% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 2.0% |
| Tata Capital Financial Services Ltd. | Financial | Debenture | 2.0% |
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 ₹9,375 Cr and the Latest NAV as of 18 Sep 2020 is ₹10.33.
The Axis Short Term 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.