Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Short Term Fund Direct Plan Monthly Reinvst of Inc Dis cum Cap Wdrl

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previously known as Axis S/T Dir Mn DR until

NAV on June 14, 2024
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 8,007 cr
Turnover Ratio 494.67%
Expense Ratio 0.34%
Exit Load -
Returns
  • 1M: -0.02%
  • 1Y: 5.99%
  • 3M: 0.61%
  • 3Y: 5.49%
  • 6M: 2.84%
  • 5Y: 6.78%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Devang Shah (Since over 11 years) Aditya Pagaria (Since 12 months)
ISIN INF846K01EK7
Fund Family Axis
Launch Date January 11, 2013
Benchmark Nifty Short Duration Debt TR INR
Avg. Maturity 3.72 years
Yield To Maturity (%) 7.75%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.25%
AA 15.75%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Nifty Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.149
Sharpe -0.115
Std Dev 1.075
Risk Below Average
INVESTMENT OBJECTIVE

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
59.851 7.96% 18,252 cr 0.45% Low
30.158 7.55% 13,056 cr 0.40% Low
46.905 7.55% 7,497 cr 0.39% Below Average
52.303 7.45% 14,949 cr 0.38% Below Average
52.156 7.40% 5,511 cr 0.37% Average
28.919 7.34% 220 cr 0.38% Average
30.679 7.34% 8,007 cr 0.34% Below Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
39.099 13.62% 330 cr 0.28% Above Average
59.851 7.96% 18,252 cr 0.45% Low
30.868 7.60% 2,673 cr 0.37% Above Average
30.158 7.55% 13,056 cr 0.4% Low
46.905 7.55% 7,497 cr 0.39% Below Average
52.303 7.45% 14,949 cr 0.38% Below Average
52.156 7.40% 5,511 cr 0.37% Average


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