Fund Details
Axis Short Term Fund Retail Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.91% |
| NAV | ₹10.04 (25 Jan 2021) |
|---|---|
| Fund Started | 04 Mar 2010 |
| Fund Size | ₹14,992 Cr |
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 |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 6.6% |
| Bank Of Baroda | Financial | CD | 3.6% |
| GOI | Sovereign | GOI Sec | 3.4% |
| State Bank of India | Financial | NCD | 3.3% |
| Food Corporation of India | FMCG | Bonds | 3.2% |
| Maharashtra State | Others | SDL | 2.8% |
| Power Finance Corpn. Ltd. | Financial | NCD | 2.7% |
| Reliance Industries Ltd. | Energy | Debenture | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.9% |
| Housing Development Finance Corpn. Ltd. | Financial | Bonds/NCD | 1.6% |
Fund Managers
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 ₹14,992 Cr and the Latest NAV as of 25 Jan 2021 is ₹10.04.
The Axis Short Term Fund Retail Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000.
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.
