| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.91% |
| NAV | ₹10.19 (31 Jul 2020) |
|---|---|
| Fund Started | 04 Mar 2010 |
| Fund Size | ₹7,170 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.6% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 3.1% |
| GOI | Sovereign | GOI Sec | 2.9% |
| India Grid Trust | Engineering | Debenture | 2.6% |
| National Highways Authority of India Ltd. | Services | Bonds | 2.2% |
| Reserve Bank of India | Financial | T-Bills | 2.1% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 2.0% |
| HDB Financial Services Ltd. | Financial | Debenture | 1.9% |
| LIC Housing Finance Ltd. | Financial | Debenture | 1.7% |
| GOI | Sovereign | GOI Sec | 1.5% |
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.