Axis Short Term Fund Direct Plan Growth Option

Axis Short Term Fund Direct Plan Growth Option

Debt

Axis Mutual Fund

Short Duration

Get the latest NAV of Axis Short Term Fund Direct Plan Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹36.21

NAV as on 27 Aug 2026

8.09%/per year

Since Inception

Absolute Gain%

▲▼

1577 people have invested ₹ 3.9Cr in Axis Short Term Fund in the last three months

Axis Short Term Fund Performance vs. Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (27-Aug-26)

The fund has consistently outperformed the benchmark (Short Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.22%
2.35%
2.9%
6.26%
7.84%
6.81%
Short Duration Index
0.2%
2.08%
2.2%
5.02%
6.06%
5.59%
Short Duration Avg
0.16%
2.13%
2.26%
5.16%
6.99%
6.26%
Best in Short Duration
0.56%
2.67%
3.46%
6.62%
7.93%
10.82%
Worst in Short Duration
0.29%
2.25%
2.57%
5.32%
7.13%
6.05%
Category Rank
2/15
4/14
3/14
2/14
6/13
--

Axis Short Term Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

4
/14
60% Performance
41% Risk Management
13% Cost

Ranked 4 out of 14 mutual funds in the short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Axis Short Term Fund
4/14
8,010Cr
0.4%
6.26%
7.84%
0.44
1.18
1.08
2.26
2.14
ICICI Prudential Short Term Fund
1/14
19,260Cr
0.45%
6.68%
7.93%
0.61
1.08
1.25
2.92
3.06
Aditya Birla Sun Life Short Term Fund
2/14
5,831Cr
0.3%
6.21%
7.74%
0.29
1.27
0.94
1.92
1.29
HDFC Short Term Fund
3/14
15,081Cr
0.39%
5.95%
7.59%
0.26
1.17
0.94
2.03
1.35
See all

Axis Short Term Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Short Term Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
83.9%
AA
16.1%
Cash allocation has gone up from 6% to 9.3%
Cash allocation has gone up from 6% to 9.3%
Debt allocation has gone down from 93.6% to 90.2%
Debt allocation has gone down from 93.6% to 90.2%

Axis Short Term Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Corporate
71.1%
Government
22.9%
Cash Equivalent
5.9%

Top 2 Sectors in July were Corporate, Government

Jul'26

Corporate

70%

Government

25%

Jun'26

Corporate

67%

Government

27%

Axis Short Term Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.4%
Benchmark
Nifty Short Duration Debt TR INR
AUM₹8010 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
514.21%
Risk
Risk meter
pointer
Low to Moderate Risk

About Axis Short Term Fund

Axis Short Term Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Devang Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Short Term Fund has ₹8010 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Axis Short Term Fund has given a CAGR return of 8.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.26%, 7.84% and 6.81% respectively.

Holdings

Axis Short Term Fund has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.94% Govt Stock 2036, Nuclear Power Corporation Of India Limited, Small Industries Development Bank Of India, SIDDHIVINAYAK SECURITISATION TRUST, Power Finance Corporation Limited

Taxation

As it is a short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Short Term Fund

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Short Term Fund has no lock in period.

Fund Manager

Aditya Pagaria

Fund Manager of Axis Short Term Fund, since 3 July 2023

Devang Shah

Fund Manager of Axis Short Term Fund, since 5 November 2012

Learn more about Axis Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 8K Cr
₹ 8.1K Cr
₹ 8.7K Cr
  • AUM of the fund stands at 8K Cr as of Jul'26
  • AUM decreased by 138.3 Cr between Jul'26 and Jun'26

Frequently Asked Questions for Axis Short Term Fund Direct Plan Growth Option

How do I invest in Axis Short Term Fund?

INDmoney makes it simple to invest in the Axis Short Term Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Axis Short Term Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Axis Short Term Fund?

The NAV of the fund today is ₹36.21. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Axis Short Term Fund fund has generated a return of 6.26% in 1 year, 7.84% in 3 years, 6.81% in 5 years.

Who is the fund manager of Axis Short Term Fund?

The fund managers are Aditya Pagaria, Devang Shah.

What is the expense ratio of the fund?

The expense ratio is 0.40%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹8010 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Axis Short Term Fund?

The top 3 holdings of the fund are 6.94% Govt Stock 2036(4.67%), Nuclear Power Corporation Of India Limited(3.66%), Small Industries Development Bank Of India(3.32%)