As on 17 Sept 2024
Axis Short Term Fund - Direct Plan - Growth Option
DebtNAV
₹ 31.41
CAGR (3 Years)
6.29%
AUM (Cr)
₹ 9,120.74
Risk
Moderate Risk
About Axis Short Term Fund - Direct Plan - Growth Option
To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.
Breakdown of this Fund
Debt Others
48.23%
Derivatives - Index
-0.01%
Govt. Securities
124.32%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.7
Exit Load
Nil - W.e.f. August 28, 2015.
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.