This is a guest login. You can create a regular account or login to an existing one.

VR Logo

Unrated

Axis Short Term Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 9.21 0.33 1.76 9.79 7.17 7.88 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Short Duration 4.32 0.15 2.06 4.95 5.34 6.57 --

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 2.41 (14-Jun-2019 - 16-Jul-2019) -1.71 (24-Jun-2013 - 24-Jul-2013)
Quarter 4.15 (10-Jun-2019 - 09-Sep-2019) -2.18 (20-May-2013 - 19-Aug-2013)
Year 11.31 (28-Aug-2013 - 28-Aug-2014) 4.13 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.92 1.53 0.75 1.34 3.73 7.36
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Short Duration 5.33 3.03 0.21 0.58 3.66 5.67

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 134 181 115 57
Modified Duration (yrs) 1.80 2.10 1.40 2.04
Average Maturity (yrs) 2.40 2.80 1.80 2.54
Yield to Maturity (%) 6.54 8.46 6.54 7.37

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 9.10% India Grid Trust 2022 Debenture AAA 0.00 - 4.88 4.86
new Indusind Bank 20/05/2020 Certificate of Deposit A1+ 0.00 - 3.98 3.98
up 7.28% HDFC 26/09/2022 Debenture AAA 0.00 - 3.43 3.43
new HDFC Bank 2020 Certificate of Deposit A1+ 0.00 - 3.99 2.82
equal 8.06% Nabha Power 15/04/2021 Non Convertible Debenture AAA 0.00 - 4.89 2.48
new 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 2.21 2.21
up 7.39% LIC Housing Fin. 30/08/2022 Debenture AAA 0.00 - 2.32 2.19
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 2.20 1.84
equal 7.85% Tata Sons 30/06/2020 Bonds/Debentures AAA 1.34 - 3.17 1.78
new 7.55% IRFC 2029 Debenture AAA 0.00 - 1.51 1.51
down 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.00 - 2.48 1.39
equal 8.36% REC 22/09/2020 Debenture AAA 0.00 - 2.16 1.38
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.64 1.38
new REC 13/12/2022 Debenture AAA 0.00 - 1.37 1.37
up 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 1.37 1.37
new 7.79% LIC Housing Fin. 18/10/2024 Debenture AAA 0.00 - 1.37 1.37
new 7.45% LIC Housing Fin. 13/01/2023 Debenture AAA 0.00 - 1.37 1.37
new 7.50% Sundaram Finance 2022 Non Convertible Debenture AAA 0.00 - 1.37 1.37
equal L&T Housing Finance 15/06/2020 Debenture AAA 1.02 - 2.43 1.36
equal SIDBI 2020 Certificate of Deposit A1+ 0.00 - 3.17 1.34
new Indusind Bank 2020 Certificate of Deposit A1+ 0.00 - 1.34 1.34
equal Reliance Retail Ltd. 28/06/2021 Securitised Debt AAA 0.00 - 1.46 1.23
equal 8.35% Daimler Financial Services 17/09/2021 Debenture AAA 0.00 - 1.92 1.23
equal 8.15% National Bank Agr. Rur. Devp 22/08/2022 Debenture AAA 0.00 - 1.89 1.21
equal 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 1.92 1.10

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2019

Fund Manager

— 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.

Funds Managed:


-0.05%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 21.2996

Dividend Weekly: ₹ 10.1226

Dividend Monthly: ₹ 10.0842


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 02-Mar-2010
Benchmark: NIFTY Short Duration TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 3,674 Cr (As on 30-Nov-2019)
Expense: 0.91% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Nov-20190.0566

 25-Oct-20190.0554
 25-Sep-20190.0540
 26-Aug-20190.0529
 25-Jul-20190.0580
 25-Jun-20190.0449
 27-May-20190.0737
 25-Apr-20190.0404
 25-Mar-20190.0706
 25-Feb-20190.0440
 25-Jan-20190.0513
 26-Dec-20180.0717
 26-Nov-20180.0584
 25-Oct-20180.0511
 27-Aug-20180.0458
 25-Jul-20180.0466
 25-Jun-20180.0432
 25-May-20180.0012
 25-Apr-20180.0240
 26-Mar-20180.0468
 26-Feb-20180.0158
 25-Jan-20180.0233
 26-Dec-20170.0068
 27-Nov-20170.0418
 25-Oct-20170.0380
Dividend Weekly02-Dec-20190.0141

 25-Nov-20190.0122
 18-Nov-20190.0246
 11-Nov-20190.0022
 04-Nov-20190.0209
 29-Oct-20190.0164
 22-Oct-20190.0252
 14-Oct-20190.0140
 07-Oct-20190.0186
 30-Sep-20190.0009
 09-Sep-20190.0111
 03-Sep-20190.0145
 26-Aug-20190.0306
 19-Aug-20190.0013
 13-Aug-20190.0193
 05-Aug-20190.0235
 29-Jul-20190.0119
 22-Jul-20190.0087
 15-Jul-20190.0277
 08-Jul-20190.0494
 24-Jun-20190.0199
 03-Jun-20190.0222
 27-May-20190.0381
 20-May-20190.0303
 13-May-20190.0001

Contact Information

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

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM