Axis Short Term Fund(G)

Axis Short Term Fund-Reg(G)
Dividend Yearly
NA
Category
Debt - Short Term Income
52-week NAV high
21.63  (As on 04-12-2019)
52-week NAV low
19.60  (As on 10-12-2018)
Expense
0.88%  (As on 31-10-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.54 1.87 6.06 10.01 7.75 7.24 7.89 7.93 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jan 22, 2010
Last Dividend
NA
Minimum Investment
5000

The Axis Short Term Fund - Growth Option is an open-ended debt scheme offered by Axis Mutual Fund and managed by Axis Asset Management Company Limited. The trustee company of Axis Mutual Fund is Axis Mutual Fund Trustee Limited. The Axis Short Term Fund - Growth Option has a moderately low risk factor, which makes it an ideal investment option for less-risk averse investors.

Investment Objective of the Axis Short Term Fund - Growth Option

The investment objective of the Axis Short Term Fund - Growth Option is to generate stable returns with a low risk strategy while ensuring that liquidity is maintained via investment in a portfolio that consists of money market and debt securities.

Key Features of the Axis Short Term Fund - Growth Option

Some of the significant features of the Axis Short Term Fund - Growth Option are as indicated in the table below:

Type of fund Open-ended debt scheme
Plans available
  • Axis Short Term Fund
  • Axis Short Term Fund - Direct Plan
Options under each plan Both the Regular Plan and the Direct Plan come with the following options:
  • Growth option
  • Dividend option
The Dividend option comes with the following sub-options:
  • Payout (Monthly, Weekly and Regular)
  • Reinvestment (Monthly, Weekly and Regular)
Risk Moderately Low
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for the Axis Short Term Fund - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount Rs.5,000 and in multiples of Re.1 thereafter
Minimum additional investment Rs.1,000 and in multiples of Re.1 thereafter
Minimum instalment for Systematic Investment Plan (SIP)
  • For Monthly SIP: Rs.1,000 and in multiples of Re.1 (minimum of 12 instalments)
  • For Yearly SIP: Rs.12,000 and in multiples of Re.1 (minimum of three instalments)
Entry Load Not Applicable
Exit Load Nil

Asset Allocation for the Axis Short Term Fund - Growth Option

Instruments Allocations (Percentage of total assets) Risk Profile
Debt and money market securities including securitised debt, corporate debt, government securities and other debt securities with maturity / residual maturity / average maturity / interest rates resets within 375 days 30% to 100% Low
Debt securities including securitised debt, corporate debt, government securities, and other debt securities with maturity / residual maturity / average maturity / interest rate resets over 375 days 0% to 70% Low to Medium

NAV Disclosure and Benchmark for Axis Short Term Fund - Growth Option

The Net Asset Value of the Axis Short Term Fund - Growth Option is calculated on every business day by the Asset Management Company and is published in at least two national dailies that are circulated across India. The Net Asset Value of the Axis Short Term Fund - Growth Option is also updated by the Asset Management Company on its website as well as the website of the Association of Mutual Funds in India by 9:00 p.m. on each business day.

The benchmark adopted by Axis Short Term Fund - Growth Option is CRISIL Short Term Bond Fund Index.

Axis Short Term Fund - Growth Option Fund Manager

The Axis Short Term Fund - Growth Option is managed by Mr. Devang Shah who is currently the Fund Manager for Fixed Income at Axis Asset Management Company Ltd. He has been in charge of the Axis Short Term Fund - Growth Option for around three years now, and his past companies include ICICI Prudential Asset Management Company Ltd., Pricewaterhouse Coopers, and Deutsche Asset Management Pvt. Ltd. He manages a number of other schemes for Axis Mutual Fund, such as Axis Income Fund, Axis Constant Maturity 10 year Fund, Axis Fixed Income Opportunities Fund, Axis Liquid Fund, Axis Enhanced Arbitrage Fund, etc.

Why you should Invest in the Axis Short Term Fund - Growth Option

The Axis Short Term Fund - Growth Option is a good investment option for those who want regular income in addition to liquidity between the short and medium term by investing in money market and debt securities. It is an ideal option for investors who are less risk averse.

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