Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Short Duration
NAV: ₹ 10 as on 02-06-2023
Fund Performance
About the Fund
Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 11 January, 2013. The fund is managed by Devang Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl has a NAV of ₹10 as on 02-06-2023.
- Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹6824 Cr worth of assets under management (AUM) as on 30-04-2023 and is more than category average.
- The fund has an expense ratio 0.3.
Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.3% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹6824 Cr |
 | 11 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 374.97% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
85.2%
AA
14.8%
Sector Allocation
Corporate
57.3%
Government
32%
Cash Equivalent
9%
Securitize
1.7%
Top Holdings of Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl as on (31-May-23)
Debt Holdings164
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 8.08% | 140.1% | |
Housing Development Finance Corporation Limited | 4.84% | -17.9% | |
Mahindra Rural Housing Finance Limited | 3.46% | 0% | |
Power Finance Corporation Ltd. | 3.17% | 0% | |
Hero Fincorp Limited | 2.82% | 0% |
See all
Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.27% whereas the fund’s underlying benchmark Short Duration Index returns stands at 0.23% as on Apr'23
- This fund outperformed Short Duration Index by 0.04% in Apr'23
AUM Change
- AUM of the fund stands at 6.8K Cr as of Apr'23
- AUM increased by 74.9 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Devang Shah
Fund Manager of Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl, since 5 November 2012
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.46% since inception which is more than its category average return of 5.7%
AUM size ₹6824 Cr
This fund has AUM of ₹6824 Cr which is more than its category average of ₹ 3444 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is ₹10.04 as on 02-Jun-2023.
Existing (Absolute + CAGR) as on 02-Jun-2023.
Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.8% | 0.8% |
6 Month Returns | 4.1% | 4.1% |
1 Year Returns | 7.46% | 7.46% |
3 Years Returns | 19.46% | 6.11% |
5 Years Returns | 38.89% | 6.79% |
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.
0.3% as on May 2023
₹6824 Cr as on May 2023
7.38 6/20/2027 12:00:00 Am(8.08%), Housing Development Finance Corporation Limited(4.84%), Mahindra Rural Housing Finance Limited(3.46%), Power Finance Corporation Ltd.(3.17%), Hero Fincorp Limited(2.82%) as on May 2023
Corporate(55.34%), Government(37.16%), Cash Equivalent(5.79%) as on May 2023
Yield to Maturity is 7.56 as on May 2023. 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 2.25 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 85.23 |
AA | 14.77 |
Devang Shah is the fund manager of Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl is 0%