Axis Short Term Fund - Retail Plan - Growth Option
| Category: Debt: Short Duration |
| Launch Date: 01-03-2010 |
| Asset Class: Fixed Interest |
| Benchmark: NIFTY Short Duration Total Return Index |
| Expense Ratio: 0.88% As on (31-10-2019) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 5,398.22 Cr As on (29-02-2020) |
| Turn over: - | Exit Load: Nil |
21.846
0.53 (2.4476%)
8.06%
S&P BSE India Bond Index 9.53%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
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.
Current Asset Allocation (%)
Indicators
| Volatility | 1.38 |
| Sharp Ratio | 3.88 |
| Alpha | -1.24 |
| Beta | 1.17 |
| Yield to Maturity | 6.64 |
| Average Maturity | 2.2 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis Short Term Fund - Retail Plan - Growth Option | 01-03-2010 | 9.51 | 8.31 | 7.58 | 7.96 | 8.07 |
| HDFC Short Term Debt Fund - Growth Option | 05-06-2010 | 9.62 | 8.55 | 7.91 | 8.22 | - |
| Axis Short Term Fund - Regular Plan - Growth Option | 22-01-2010 | 9.51 | 8.31 | 7.58 | 7.96 | 8.17 |
| Baroda Short Term Bond Fund - Plan A - Growth Option | 30-06-2010 | 9.43 | 8.34 | 7.89 | 8.38 | - |
| ICICI Prudential Short Term Fund - Growth Option | 25-10-2001 | 9.24 | 7.87 | 7.29 | 8.06 | 8.25 |
| SBI Short Horizon Debt Fund-Short Term Fund - Retail - Growth | 27-07-2007 | 9.19 | 7.91 | 7.29 | 7.82 | 8.11 |
| SBI Short Term Debt Fund - Regular Plan -Growth | 10-07-2007 | 9.18 | 7.9 | 7.29 | 7.82 | 8.17 |
| L&T Short Term Bond Fund - Regular Plan - Growth | 27-12-2011 | 9.18 | 8.21 | 7.55 | 7.77 | - |
| IDFC Bond Fund - Short Term Plan - Regular Plan-Growth | 14-12-2000 | 9.15 | 8.32 | 7.57 | 7.82 | 8.01 |
| Kotak Bond Short Term Plan-(Growth) | 02-05-2002 | 9.12 | 8.19 | 7.3 | 7.8 | 7.9 |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 1 year - 3 years.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
