Axis Short Term Retail Growth - Latest NAV ₹23.0379, Returns, Performance & Portfolio

Axis Short Term Retail Growth

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.36 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years8.48%
5 Years8.33%
3 Years8.18%
1 Year10.02%
6 Months7.29%
Fund Details
RiskModerately Low risk
Fund TypeShort Duration
Exit Load--

More about this fundstar

Top HoldingsWeightage
Food Corporation of India6.39%
7.42% MH SDL 20225.38%
5.77% GOI 20303.79%
Reliance Industries Limited3.65%
Housing Development Finance Corporation Limited2.29%
6.19% Govt Stock 20342.06%
Mahindra & Mahindra Financial Services Limited2%
Tata Capital Financial Services Limited1.98%
India Grid Trust1.9%
8.83% Govt Stock 20231.84%

About Axis Short Term Fund

The Axis Short Term Fund is an open-ended short-term debt scheme. It seeks to provide regular income while maintaining liquidity over the short to medium-term by investing in debt securities and money market instruments such that the Macaulay duration of the portfolio is between 1 and 3 years.

Pros & Cons of Axis Short Term Fund

  • The scheme plans to invest in a diversified portfolio of high-quality debt and money market securities to generate stable risk-adjusted returns with a low-risk strategy.
  • As on September 30, 2018, the scheme is ranked 2 under CRISIL’s Short Duration Fund category.
  • Further, it has generated returns of 7.99% per year over the last 5 years (as on January 04, 2019).

Fund Information and Statistics of Axis Short Term Fund

i) Inception / Launch Date

The scheme was launched on 22 January 2010 by Axis Mutual Fund.

ii) Risk Level

The scheme predominantly invests in debt and money market instruments and has a moderately-low risk level associated with it.

iii) Redemption

The minimum redemption amount is Rs. 1,000 or 100 units. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Devang Shah is the Fund Manager of the Axis Short Term Fund since November 05, 2012.

v) Entry / Exit Load

There is no entry load or exit load in this scheme.

Tax benefits of investing in Axis Short Term Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% after indexation

About Axis Mutual Fund

Launched in 2009, Axis Mutual Fund has grown strongly with a presence in over 90 cities and over 20 lakh active investors. It works on three guiding principles of a long-term relationship, long-term wealth creation, and an investor-centric focus.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.36 Lakhs in a period of 20 years
Moderately Low risk

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