1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
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Axis Short Term-G | 0.36 | 0.03 | 0.03 | -0.41 | -0.21 | 0.63 | 2.67 | 6.76 | 6.69 | 7.20 | 7.73 |
CCIL T Bill Liquidity Weight | 0.55 | 0.02 | 0.03 | -0.02 | 0.25 | 0.81 | 1.89 | 2.76 | 3.34 | 3.74 | 4.28 |
Debt: Short Duration | 0.56 | 0.02 | 0.00 | -0.64 | -0.02 | 0.79 | 3.51 | 5.40 | 5.67 | 6.46 | 7.29 |
Rank within category | 5 | 5 | 6 | 5 | 6 | 5 | 7 | 5 | 4 | 4 | 4 |
Number of funds in category | 26 | 29 | 29 | 29 | 27 | 26 | 25 | 24 | 21 | 21 | 20 |
As on 19-May-2022
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Axis Short Term Fund | Jan-10 | 2.67 | 6.76 | 6.69 | 0.98% | 10,086 | |
ICICI Prudential Short Term Fund | Invest Now | Oct-01 | 2.91 | 7.03 | 6.76 | 1.13% | 16,623 | |
HDFC Short Term Debt Fund | Invest Online | Jun-10 | 2.66 | 7.06 | 7.04 | 0.75% | 14,549 | |
Nippon India Short Term Fund | Invest Online | Dec-02 | 2.60 | 6.62 | 6.40 | 1.15% | 8,160 | |
Aditya Birla Sun Life Short Term Fund | Invest Online | May-03 | 3.15 | 7.01 | 6.84 | 1.12% | 7,640 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | Period | |
Week | 2.83 | 24-Mar-2020 - 31-Mar-2020 | -1.83 | 12-Mar-2020 - 19-Mar-2020 |
Month | 3.72 | 24-Mar-2020 - 23-Apr-2020 | -2.16 | 25-Feb-2020 - 26-Mar-2020 |
Quarter | 6.39 | 24-Mar-2020 - 24-Jun-2020 | -2.18 | 20-May-2013 - 19-Aug-2013 |
Year | 11.97 | 20-Jun-2019 - 19-Jun-2020 | 2.68 | 06-May-2021 - 06-May-2022 |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Axis Short Term-G | 6.88 | 1.74 | 1.93 | 4.66 | 2.09 | 4.75 |
CCIL T Bill Liquidity Weight | 2.86 | 0.36 | -1.85 | -5.13 | -- | -- |
Debt: Short Duration | 5.71 | 3.44 | 1.17 | 2.48 | 0.72 | 2.66 |
Rank within category | 6 | 7 | 3 | 2 | 14 | 5 |
Number of funds in category | 24 | 24 | 24 | 24 | 24 | 24 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Apr-2022
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 200 | 243 | 200 | 52 |
Modified Duration (yrs) | 1.48 | 1.93 | 1.48 | 1.49 |
Average Maturity (yrs) | 2.33 | 2.90 | 2.33 | 1.87 |
Yield to Maturity (%) | 5.61 | 5.61 | 4.84 | 5.64 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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GOI 22/09/2033 | GOI Securities Floating Rate Bond | SOV | 1.81 - 5.18 | 4.46 |
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Axis Money Market Fund Direct-G | Mutual Fund | -- | 0.00 - 3.77 | 3.77 |
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5.63% GOI 2026 | GOI Securities | SOV | 0.00 - 5.58 | 2.74 |
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Indian Bank 15/06/2022 | Certificate of Deposit | A1+ | 0.00 - 2.47 | 2.47 |
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6.70% Mahindra Rural Housing Finance 28/05/2024 | Debenture | AA+ | 1.80 - 2.46 | 2.46 |
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Canara Bank 2022 | Certificate of Deposit | A1+ | 0.00 - 2.43 | 2.43 |
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Hero FinCorp 20/05/2024 | Debenture | AA+ | 1.45 - 1.99 | 1.99 |
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5.09% National Bank Agr. Rur. Devp 2024 | Non Convertible Debenture | AAA | 1.46 - 2.09 | 1.98 |
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HDFC Bank 29/06/2022 | Certificate of Deposit | A1+ | 0.00 - 1.97 | 1.97 |
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HDFC Bank 2022 | Certificate of Deposit | A1+ | 0.00 - 1.95 | 1.95 |
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Reserve Bank of India 182-D 12/10/2022 | Treasury Bills | SOV | 0.00 - 1.94 | 1.94 |
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6.40% National Bank Agr. Rur. Devp 31/07/2023 | Non Convertible Debenture | AAA | 0.12 - 1.85 | 1.85 |
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Reliance Industries 21/09/2023 | Debenture | AAA | 0.00 - 1.79 | 1.79 |
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7.42% LIC Housing Fin. 15/07/2022 | Bonds/NCDs | AAA | 1.39 - 1.75 | 1.75 |
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HDFC Bank 27/12/2022 | Certificate of Deposit | A1+ | 0.00 - 1.68 | 1.68 |
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7.24% REC 31/12/2022 | Non Convertible Debenture | AAA | 0.50 - 1.98 | 1.61 |
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First Business Receivable Trust | Securitised Debt | AAA | 0.03 - 0.26 | 1.54 |
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6.56% M&M Financial Services 29/09/2022 | Debenture | AAA | 1.36 - 1.59 | 1.50 |
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Hero FinCorp 19/07/2024 | Non Convertible Debenture | AA+ | 0.00 - 1.49 | 1.49 |
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5.70% Cholamandalam Investment & Finance Company 2023 | Debenture | AA+ | 1.09 - 1.48 | 1.48 |
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6.51% GOI 2024 | GOI Securities | SOV | 0.00 - 1.38 | 1.38 |
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7.39% LIC Housing Fin. 30/08/2022 | Debenture | AAA | 1.03 - 1.50 | 1.30 |
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7.10% GOI 18/04/2029 | GOI Securities | SOV | 0.00 - 1.24 | 1.24 |
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6.37% L&T Metro Rail (Hyderabad) 30/04/2025 | Debenture | AAA | 0.00 - 1.22 | 1.22 |
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6.99% HDFC 13/02/2023 | Debenture | AAA | 0.54 - 1.15 | 1.15 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2022
— Devang Shah since 05-Nov-2012
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Interviews:
Funds Managed:
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Min. Investment (₹) | 5,000 |
Min. Addl Investment (₹) | 1,000 |
Min. SIP Investment (₹) | 1,000 |
Min. No of Cheques | 6 |
Min. Withdrawal (₹) | 1,000 |
Min. Balance (₹) | -- |
Lock-in Period | Not Applicable |
Exit Load | 0 |
Fund House: | Axis Mutual Fund |
Launch Date: | 22-Jan-2010 |
Return Since Launch: | 7.63% |
Benchmark: | NIFTY Short Duration Debt Index B-II |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 10,086 Cr (As on 30-Apr-2022) |
Expense: | 0.98% (As on 30-Apr-2022) |
Risk Grade: | Below Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Monthly | 25-Apr-2022 | 0.0094 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Weekly | 04-Apr-2022 | 0.0103 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fundwire - 24-Jul-2019
Fund News - 17-Jul-2018
Fund Manager's View - 09-Aug-2017
Fund News - 24-Mar-2014
Fund News - 09-May-2013
AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Website: http://www.axismf.com
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com