3 Year return
6.49%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderate Risk
Asset Under Management
₹9120.74 Cr.
Expense Ratio
0.36% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Axis Mutual Fund Managers
DS
Devang Shah
Fund Manager since Jun 2017
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Bank of India Short Term Income Fund |
13.2% |
4 |
UTI Short Duration Fund |
6.62% |
5 |
ICICI Prudential Short Term Fund |
7.04% |
5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
About Axis Short Term Direct Fund-Growth
Axis Short Term Direct Fund-Growth, a product of Axis Mutual Fund, is a Short Duration mutual fund scheme. This open-ended, short-term debt scheme primarily invests in debt and money market instruments, aiming to sustain a portfolio with a Macaulay duration of between 1 to 3 years.
Investment Objectives of the Scheme
The primary investment objective of this scheme is to generate stable returns while following a low-risk strategy. The fund maintains liquidity by constituting a portfolio primarily of debt and money market instruments. However, potential investors must be aware that, like all investment avenues, there can be no absolute assurance that the investment objective of the scheme will be realised.
Key Features of The Fund
5-year return | 7.16% |
Expense Ratio | 0.36% |
Fund Manager | Devang Shah |
Fund Size | ₹9120.74 Cr |
Risk Profile | Moderate |
Is This Scheme Right for Me?
The Axis Short-Term Direct Fund-Growth might be particularly appealing to those seeking alternatives to traditional bank deposits. If you're an investor looking to park your funds for 1-3 years while aiming for regular income and maintaining liquidity over the short term, this fund could be an ideal fit. It provides an avenue for investment in debt and money market instruments, often considered safer bets in the volatile world of investments. If you're uncertain whether this product aligns with your financial needs and risk level, seeking professional advice is advisable.
AMC Contact Details
Name | Axis Mutual Fund |
Launch Date | January 2009 |
Addresss | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
Contact | 8108622211 |
customerservice@axismf.com | |
Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Axis Short Term Fund?
What is the AUM of Axis Short Term Fund?
What is the expense ratio of Axis Short Term Fund?
What are the returns of Axis Short Term Fund since inception?
What is the minimum SIP amount to invest in Axis Short Term Fund?
How do I invest in Axis Short Term Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Short Term Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Short Term Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Short Term Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.