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Axis Short Term Fund - Growth

  • Regular
  • Direct
Category : Short Duration Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 24.8856 0.08%
    (as on 01st July, 2022)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderate

The fund has 91.23% investment in Debt, of which 21.39% in Government securities, 69.84% is in Low Risk securities.

Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.

Crisil Rank Change : Fund Crisil rank was updated from 3 to 4 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 01st July, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 24-Jun-22 10017.70 0.18% - 0.17% 11/28
1 Month 01-Jun-22 10031.20 0.31% - 0.35% 17/28
3 Month 31-Mar-22 9982.50 -0.18% - -0.19% 9/28
6 Month 31-Dec-21 10084.20 0.84% - 1.19% 4/26
YTD 31-Dec-21 10084.20 0.84% - 1.19% 4/26
1 Year 01-Jul-21 10285.40 2.85% 2.85% 3.89% 8/25
2 Year 01-Jul-20 10818.10 8.18% 4.01% 4.75% 11/24
3 Year 01-Jul-19 12080.20 20.80% 6.50% 5.85% 7/24
5 Year 30-Jun-17 13741.90 37.42% 6.56% 5.48% 3/22
10 Year 29-Jun-12 20916.80 109.17% 7.65% 7.17% 5/21
Since Inception 22-Jan-10 24885.60 148.86% 7.60% 6.79% 5/25

SIP Returns (NAV as on 01st July, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 01-Jul-21 12000 12124.69 1.04 % 1.94 %
2 Year 01-Jul-20 24000 24752.04 3.13 % 3 %
3 Year 01-Jul-19 36000 38573.54 7.15 % 4.54 %
5 Year 30-Jun-17 60000 69854.39 16.42 % 6.02 %
10 Year 29-Jun-12 120000 172356.66 43.63 % 7.04 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 31st May,2022)

No of Debt Holding 185 (Category Avg - 57.07) | Modified Duration 1.50 Years (Category Avg - 1.43)| Yield to Maturity 6.63% (Category Avg - 6.49%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 20.26% 23.27%
CD 9.70% 5.57%
T-Bills 1.13% 5.00%
NCD & Bonds 50.95% 63.59%
CP 7.21% 2.03%
PTC 1.98% 0.56%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 21.39% 28.27%
Low Risk 69.84% 61.64%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 4.89%
MF Units MF Units 2.32%
MF Units MF Units 1.13%
Net Receivables Net Receivables 0.45%
Interest Rate Swaps Interest Rate Swaps 0.00%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th June, 2022)

  • Standard Deviation

    Low volatility
    1.92vs3.8
    Category Avg
  • Beta

    Low volatility
    0.01vs0.97
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.7vs0.29
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.95vs0.09
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.24vs-0.01
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Bank of India Short Term Income Fund - Growth 1 42.83 0.36 -0.14 15.70 17.11 4.14
Franklin India Short Term Income Plan - Growth 1 572.33 0.47 -0.21 6.03 14.36 5.39
IDBI Short Term Bond Fund - Growth 2 32.30 0.33 -0.82 -0.07 10.55 7.51
UTI Short Term Income Fund - Institutional - Growth 5 2424.92 0.19 -0.06 0.80 7.61 8.24
Aditya Birla Sun Life Short Term Fund - Regular Plan - Growth 4 6982.33 0.26 -0.11 0.94 3.13 6.64
Sundaram Short Duration Fund - Growth 3 230.92 0.20 -0.14 0.67 3.00 6.01
ICICI Prudential Short Term Fund - Growth 1 16314.87 0.33 0.19 0.84 2.93 6.72
HDFC Short Term Debt Fund - Growth 2 14204.41 0.30 -0.30 0.49 2.69 6.77
Nippon India Short Term Fund - Growth 3 7861.34 0.32 -0.62 0.39 2.67 6.35
SBI Short Term Debt Fund - Regular Plan - Growth 4 11928.99 0.34 -0.18 0.77 2.66 6.08

More Funds from Axis Mutual Fund

Out of 66 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 12 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 45 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Bluechip Fund - Growth 2 33836.09 -4.49 -13.36 -15.36 -6.25 9.15
Axis Long Term Equity Fund - Growth 1 29583.87 -5.50 -14.94 -20.22 -11.73 8.44
Axis Liquid Fund - Growth 4 25219.39 0.38 0.99 1.88 3.61 4.14
Axis Focused 25 Fund - Growth 3 17920.82 -5.92 -15.80 -20.42 -11.11 8.50
Axis Midcap Fund - Growth 3 17164.77 -4.70 -10.90 -14.32 -1.53 17.56
Axis Banking & PSU Debt Fund - Growth 5 14588.00 0.39 0.41 1.36 3.24 6.58
Axis Flexi Cap Fund - Growth 3 10080.68 -4.70 -14.09 -17.88 -5.43 10.31
Axis Overnight Fund - Regular Plan - Growth NA 10000.35 0.35 0.98 1.82 3.46 3.65
Axis Small Cap Fund - Growth 3 8984.18 -3.65 -9.68 -10.02 7.33 24.03
Axis Short Term Fund - Growth 4 7779.99 0.31 -0.17 0.84 2.85 6.50

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