Axis Short Term Fund Direct Plan Growth Option
Debt
Direct
Short Duration
NAV: ₹ 30.49 as on 16-05-2024
About the Fund
Axis Short Term Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Devang Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Short Term Fund Direct Plan Growth Option has ₹7944 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
355 people have invested ₹ 89L in Axis Short Term Fund Direct Plan Growth Option in the last three months
Overview
 | 0.35% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹7944 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 494.67% |
Axis Short Term Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
83.9%
AA
16.1%
Sector Allocation
Corporate
54.1%
Government
34%
Cash Equivalent
11.5%
Securitize
0.4%
Top Holdings of Axis Short Term Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings152
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.32% Govt Stock 2030 | 7.09% | -36.4% | |
7.18% Govt Stock 2033 | 5.07% | 108.8% | |
7.26% Govt Stock 2033 | 4.5% | 33.8% | |
National Bank For Agriculture And Rural Development | 3.84% | 32.6% | |
Bank Of Baroda | 2.43% | 100% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 7.9K Cr as of Apr'24
- AUM increased by 147 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 1.74% per annum.
Over the last 1 year, this fund has increased expense ratio by 16.7% moving from 0.30 to 0.35.
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.92% return, outperforming this fund by 0.55% per annum.
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.84% return, outperforming this fund by 0.66%.
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.7%.
Peer Analysis
Fund Manager
Aditya Pagaria
Fund Manager of Axis Short Term Fund Direct Plan Growth Option, since 3 July 2023
Top funds managed
Devang Shah
Fund Manager of Axis Short Term Fund Direct Plan Growth Option, since 5 November 2012
Top funds managed
Axis Short Term Fund Direct Plan Growth Option 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 8.13% since inception which is more than its category average return of 5.63%
AUM size ₹7944 Cr
This fund has AUM of ₹7944 Cr which is more than its category average of ₹ 3590 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% 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 Growth Option is ₹30.49 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Axis Short Term Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 4.08% | 4.08% |
1 Year Returns | 7.18% | 7.18% |
3 Years Returns | 18.75% | 5.9% |
5 Years Returns | 42.74% | 7.38% |
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.
0.35% as on April 2024
₹7944 Cr as on April 2024
7.32% Govt Stock 2030(7.09%), 7.18% Govt Stock 2033(5.07%), 7.26% Govt Stock 2033(4.5%), National Bank For Agriculture And Rural Development(3.84%), Bank Of Baroda(2.43%) as on April 2024
Corporate(54.09%), Government(34.01%), Cash Equivalent(11.52%) as on April 2024
Yield to Maturity is 7.81 as on April 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 2.83 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 83.93 |
AA | 16.07 |
Aditya Pagaria, Devang Shah are the fund managers of Axis Short Term Fund Direct Plan Growth Option
The Exit load of Axis Short Term Fund Direct Plan Growth Option is 0%