Axis Short Term Fund Direct Plan Growth Option - Latest NAV ₹25.2769, Returns, Performance & Portfolio

Axis Short Term Fund Direct Plan Growth Option

  • highlight
    8.85%
  • highlight
    (+0.01)25.2769

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.6 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.85%
3 Years9.19%
1 Year8.75%
6 Months2.45%
Fund Details
ISININF846K01EI1
RiskModerately Low risk
Fund TypeShort Duration
NAV25.2769
Exit Load--

More about this fundstar

Top HoldingsWeightage
Food Corporation of India3.08%
National Bank For Agriculture And Rural Development2.87%
State Bank Of India2.45%
Reliance Industries Limited2.26%
7.42% MH SDL 20222.1%
Housing Development Finance Corporation Limited1.76%
6.79% Govt Stock 20271.59%
Bank of Baroda1.28%
364 DTB 250320211.27%
Tata Capital Financial Services Limited1.21%

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.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.6 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