Axis Short Term Fund Retail Dividend Weekly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 03 Mar 2010. Devang Shah is the Current Fund Manager of Axis Short Term Fund Retail Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹3,073 Cr and the Latest NAV as of 10 Dec 2019 is ₹10.13.
The Axis Short Term Fund Retail Dividend Weekly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment