Axis Short Term Fund Direct Plan Growth Option

Axis Short Term Fund Direct Plan Growth Option

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Debt
Direct
Short Duration
NAV: ₹ 30.26 as on 16-04-2024
Fund Performance
zero opening, trading, fund transfer fee
401 people have invested ₹ 1.2Cr in Axis Short Term Fund Direct Plan Growth Option in the last three months

Mutual Fund Insights

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Over the last 1 month, this fund has experienced a 5.8% drop in AUM moving from 8.27K Cr to 7.79K Cr.
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In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.87% return, outperforming this fund by 0.56% per annum.
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In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.67% return, outperforming this fund by 1.75% per annum.
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Over the last 1 year, this fund has increased expense ratio by 16.7% moving from 0.30 to 0.35.
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This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.7%.
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In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.07% return, outperforming this fund by 0.71%.

About the Axis Short Term Fund Direct Plan Growth Option

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 Direct Plan Growth Option has ₹7797 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Axis Short Term Fund Direct Plan Growth Option Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹7797 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
494.67%

Axis Short Term Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
83.9%
AA
16.1%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
58.2%
Government
34.3%
Cash Equivalent
6.7%
Securitize
0.8%

Top Holdings of Axis Short Term Fund Direct Plan Growth Option as on (31-Mar-24)

  • Debt & Cash

Debt Holdings149
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
10.02%
-29.9%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.28%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
3.59%
0%
HDFC Bank Limited
HDFC Bank Limited
3%
100%
Punjab National Bank
Punjab National Bank
2.11%
-22.2%

Axis Short Term Fund Direct Plan Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 7.8K Cr
₹ 8.3K Cr
₹ 7.5K Cr
  • AUM of the fund stands at 7.8K Cr as of Mar'24
  • AUM decreased by 480.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Axis Short Term Fund Direct Plan Growth Option Fund Manager

Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Short Term Fund Direct Plan Growth Option, since 3 July 2023
Devang Shah
Devang Shah
Fund Manager of Axis Short Term Fund Direct Plan Growth Option, since 5 November 2012

Axis Short Term Fund Direct Plan Growth Option Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.13% since inception which is more than its category average return of 5.61%
AUM size ₹7797 Cr

AUM size ₹7797 Cr

This fund has AUM of ₹7797 Cr which is more than its category average of ₹ 3521 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions

The current NAV of Axis Short Term Fund Direct Plan Growth Option is ₹30.26 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Axis Short Term Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.48%
0.48%
6 Month Returns
4.1%
4.1%
1 Year Returns
7.37%
7.37%
3 Years Returns
18.82%
5.92%
5 Years Returns
42.31%
7.31%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.35% as on March 2024
₹7797 Cr as on March 2024
7.18% Govt Stock 2033(10.02%), National Bank For Agriculture And Rural Development(5.28%), 7.26% Govt Stock 2033(3.59%), HDFC Bank Limited(3%), Punjab National Bank(2.11%) as on March 2024
Corporate(58.17%), Government(34.34%), Cash Equivalent(6.72%) as on March 2024
Yield to Maturity is 7.81 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.83 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
83.93
AA
16.07
Aditya Pagaria, Devang Shah are the fund managers of Axis Short Term Fund Direct Plan Growth Option
The Exit load of Axis Short Term Fund Direct Plan Growth Option is 0%