Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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previously known as Axis S/T Dir DR until

NAV on May 20, 2022
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 9,852 cr
Turnover Ratio 358.90%
Expense Ratio 0.29%
Exit Load -
Returns
  • 1M: -0.40%
  • 1Y: 3.34%
  • 3M: -0.07%
  • 3Y: 7.57%
  • 6M: 0.95%
  • 5Y: 7.50%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Devang Shah (Since over 9 years)
ISIN INF846K01RI3
Fund Family Axis
Launch Date February 12, 2015
Benchmark Nifty Short Duration Debt TR INR
Avg. Maturity 2.60 years
Yield To Maturity (%) 5.50%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 85.45%
AA 14.55%
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 7.805
Sharpe 2.094
Std Dev 1.750
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
40.392 3.86% 8,484 cr 0.40% Average
50.964 3.60% 16,391 cr 0.37% Average
45.107 3.43% 7,938 cr 0.35% Below Average
26.529 3.34% 9,852 cr 0.29% Below Average
26.035 3.12% 14,332 cr 0.29% Average
45.283 3.03% 13,375 cr 0.34% Average
24.970 2.50% 376 cr 0.37% Below Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
21.573 17.22% 25 cr 0.87% High
39.099 13.62% 330 cr 0.28% Above Average
23.930 10.84% 34 cr 0.28% Above Average
26.663 8.27% 2,451 cr 0.35% High
40.392 3.86% 8,484 cr 0.4% Average
50.964 3.60% 16,391 cr 0.37% Average
45.107 3.43% 7,938 cr 0.35% Below Average


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