Axis Short Term Fund Direct Plan Growth Option
- 8.55%
- 25.4647
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 8.55% |
| 3 Years | 8.9% |
| 1 Year | 9.27% |
| 6 Months | 2.13% |
| Fund Details | |
|---|---|
| ISIN | INF846K01EI1 |
| Risk | Low to Moderate Risk |
| Fund Type | Short Duration |
| NAV | 25.4647 |
| Exit Load | -- |
More about this fund
| Top Holdings | Weightage |
|---|---|
| National Bank For Agriculture And Rural Development | 4.26% |
| Food Corporation of India | 4.08% |
| State Bank Of India | 3.18% |
| 7.42% MH SDL 2022 | 2.57% |
| 8.83% Govt Stock 2023 | 2.43% |
| National Bank For Agriculture And Rural Development | 2.35% |
| Housing Development Finance Corporation Limited | 2.34% |
| 7.27% Govt Stock 2026 | 2.29% |
| Reliance Industries Limited | 2.12% |
| Mahindra & Mahindra Financial Services Limited | 1.6% |
About Axis Short Term Fund - Direct Plan - Growth
The main intention of the Axis Short Term Fund is to generate steady returns by investing with a low-risk strategy in money market and debt securities. Therefore, this mutual fund scheme is apt for risk-averse investors. If you are looking to park your surplus funds, then you may consider investing in Axis Short Term Fund as it provides much higher returns than a regular savings bank account and bank fixed deposits.
Pros and Cons of Axis Short Term Fund - Direct Plan - Growth
The biggest advantage of investing in Axis Short Term Fund is that you get much higher returns than a regular savings bank account with minimal risk. On the downside, the returns are restricted as the fund’s portfolio consists of only debt and money market instruments.
Fund Information and Statistics
i) Inception/Launch Date The Axis Short Term Fund was launched on 22 January 2010.
ii) Risk Level 'Axis Mutual Fund has categorised Axis Short Term Fund under ‘moderately low’ risk, making it suitable for risk-averse investors.
iii) Redemption As Axis Short Term Fund is an open-ended scheme, you can place redemption requests any time.
iv) Fund Manager Mr Devang Shah is the current fund manager of the Axis Short Term Fund. He is managing the fund since 5 November 2012.
v) Entry/Exit Load As per the SEBI norms, there is no entry load on mutual funds. Effective from 28 August 2015, no exit load applies on Axis Short Term Fund.
About Axis Mutual Fund
Axis Mutual Fund, with Axis Mutual Fund Trustee Limited as the trustee and Axis bank Limited as the sponsor, registered with the Securities and Exchange Board of India (SEBI) in 2009. It is a leading fund house and had assets or worth Rs 1.2 lakh crore under its management as of December 2019.
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Min amount: ₹1,000
Calculate Returns
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns