Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl

Debt
Direct
Short Duration
Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl

About the Fund

Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devang Shah, Aditya Pagaria. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl has ₹7926 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 6.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.95%, 5.55% and 6.49% respectively.

Holdings

Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.32% Govt Stock 2030, Power Finance Corporation Ltd., National Bank For Agriculture And Rural Development, Rural Electrification 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:
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.

Investment objective of Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl

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 5000.00 and for SIP is INR 1000.00. Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 60K in Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.34%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹7926 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
494.67%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
83.7%

AA
16.3%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
50.4%
Government
38.3%
Cash Equivalent
10.9%
Securitize
0.4%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
16.08%
108%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
4.42%
-24.1%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
2.53%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
1.96%
-32.6%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
1.89%
0%

Devang Shah
Devang Shah
Fund Manager of Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl, since 5 November 2012
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl, since 3 July 2023

Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl 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 6.48% since inception which is more than its category average return of 5.64%
AUM size ₹7926 Cr

AUM size ₹7926 Cr

This fund has AUM of ₹7926 Cr which is more than its category average of ₹ 3615 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% 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 Weekly Pyt of Inc Dis cum Cap Wdrl is ₹10.26 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.1%
0.1%
6 Month Returns
2.66%
2.66%
1 Year Returns
5.95%
5.95%
3 Years Returns
17.6%
5.55%
5 Years Returns
36.92%
6.49%
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.
0.34% as on May 2024
₹7926 Cr as on May 2024
7.18% Govt Stock 2033(16.08%), 7.32% Govt Stock 2030(4.42%), Power Finance Corporation Ltd.(2.53%), National Bank For Agriculture And Rural Development(1.96%), Rural Electrification Corporation Limited(1.89%) as on May 2024
Corporate(54.24%), Government(35.2%), Cash Equivalent(10.17%) as on May 2024
Yield to Maturity is 7.69 as on May 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 2.85 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
83.66
AA
16.34
Devang Shah, Aditya Pagaria are the fund managers of Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Short Term Fund Direct Plan Weekly Pyt of Inc Dis cum Cap Wdrl is 0%