Debt
Direct
Short Duration
NAV as on 14-10-2024
₹ 31.65
▲0.1%
1D
Inception Returns
8.2%
/yr
Axis Short Duration Fund Direct Growth 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.
Axis Short Duration Fund Direct Growth has given a CAGR return of 8.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.93%, 6.50% and 7.17% respectively.
Axis Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.32% Govt Stock 2030, 07.18 Goi 2033, 7.1% Govt Stock 2034, 07.23 Goi 2064, Rural Electrification Corporation Limited
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:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
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 for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.36% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹9342 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 596.11% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (14-Oct-24)
as on (31-Dec-69)
Top 2 Sectors in September were Corporate, Government
Axis Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.86% | 0.86% |
6 Month Returns | 4.62% | 4.62% |
1 Year Returns | 8.93% | 8.93% |
3 Years Returns | 20.81% | 6.5% |
5 Years Returns | 41.35% | 7.17% |
AAA | 87.05 |
AA | 12.95 |