Axis Short Term Fund Retail Dividend Monthly+0.08%

4
11.09%
1 Year Return
Debt
Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Short Term Fund Retail Dividend Monthly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.91%
NAV10.19 (31 Jul 2020)
Fund Started04 Mar 2010
Fund Size7,170 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Short Term Fund Retail Dividend Monthly
11.1%
8.4%
8.5%
8.3%
Category Average
7.6%
5.5%
6.6%
-
Rank within category
4
5
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.1% annual returns

    Comparison

    Data not available
    Pros
    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
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec5.6%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD3.1%
    GOISovereignGOI Sec2.9%
    India Grid TrustEngineeringDebenture2.6%
    National Highways Authority of India Ltd.ServicesBonds2.2%
    Reserve Bank of IndiaFinancialT-Bills2.1%
    Small Industries Devp. Bank of India Ltd.FinancialNCD2.0%
    HDB Financial Services Ltd.FinancialDebenture1.9%
    LIC Housing Finance Ltd.FinancialDebenture1.7%
    GOISovereignGOI Sec1.5%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed

    Axis Short Term Fund Retail Dividend Monthly Details

    Axis Short Term Fund Retail Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Mar 2010. Devang Shah is the Current Fund Manager of Axis Short Term Fund Retail Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹7,170 Cr and the Latest NAV as of 31 Jul 2020 is ₹10.19.

    The Axis Short Term Fund Retail Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 1000.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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