Short term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Join 75,000+ smart investors who enjoy automatic investing with Scripbox
Scheme Information
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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Axis Asset Management Company Limited manages assets worth 171,099 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 27 equity,93 debt and 35 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
How to invest in Scripbox Mutual Funds?
Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.
Choose a plan
Choose a plan to invest to start investing
Create an Account
Create an account with Scripbox through a paperless process, to invest in this fund
Invest online & transfer
Invest via netbanking, UPI or through an SIP (eNACH mandate).
Track your investments
Track, invest more and withdraw your investments through the Scripbox dashboard
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
Continuous monitoring & alerts
We will track our recommendations and suggest changes & fund exists whenever required.
All week call assistance
Our customer champions are available 7 days a week from 8AM to 8PM.
Annual reviews & rebalances
We review your investments and make course corrections every year to make the best out of your investments
About Axis Short Terml fund (DP-M)
About Axis Short Terml fund (DP-M)
Axis Short Terml fund (DP-M) is a short term debt fund and has delivered an annualised return of 6.7% over a period of 10 years ..The fund is managed by Axis Asset Management Company Limited.The fund manager’s name is Devang Shah.
Axis Short Terml fund (DP-M) 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. However, there is no assurance that the objective of the scheme will be realized.
Axis Short Terml fund (DP-M) NAV,AUM,Risk
The Axis Short Terml fund (DP-M) fund was launched on Jan 22, 2010. The NAV (Net Asset Value) of this short term debt as of 2020-11-19 is ₹ 10.3653. The total AUM (Asset Under Management) of the fund as of 2020-11-20 is ₹ 12288.322. The category risk of the Axis Short Terml fund (DP-M) fund is Moderately Low risk.
The fund charges 1.01 % as expense ratio.
Axis Short Terml fund (DP-M) Holdings
The fund’s highest allocation is towards debt and has invested 86.5% in this asset class. The top three holdings of the fund are food corporation of india,7.32% govt stock 2024 and 7.42% mh sdl 2022
Axis Short Terml fund (DP-M) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
Axis Short Terml fund (DP-M) Investment volatility and Horizon
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Short Duration Debt TR INR.
Axis Short Terml fund (DP-M) Review
Axis Short Terml fund (DP-M) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Axis Short Terml fund (DP-M) has a score of 5 out of 5.
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
