Axis Short Duration Fund-Reg(G)

View the direct plan of this scheme

Rs 29.2702   0.0106(0.036 %) NAV as on 19 Nov 2024
Prime Rating: 3.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 9,303.57
Fund category:
Short Duration
Fund manager(s):
Devang Shah, Aditya Pagaria
Benchmark:
Nifty Short Duration Debt Index
Minimum investment:
₹ 5000
Launch date:
22 Jan 2010
Min. additional investment:
₹ 1000
Expense ratio:
0.89 %
Exit load:
N/A

Scheme Objective: The scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.


Performance (As on 19 Nov 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.10 % 1.92 %4.13 % 7.98 % 5.94 %6.32 % 7.51 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.1% Government of India (08/04/2034)
Government Securities
8.77%
Sovereign
6.79% Government of India (07/10/2034)
Government Securities
6.98%
Sovereign
7.32% Government of India (13/11/2030)
Government Securities
6.06%
Sovereign
Clearing Corporation of India Ltd
Cash & Cash Equivalents and Net Assets
3.93%
Cash
7.50% National Bank For Agriculture and Rural Development (31/08/2026) **
Corporate Debt
2.25%
CRISIL AAA
7.58% National Bank For Agriculture and Rural Development (31/07/2026)
Corporate Debt
2.15%
CRISIL AAA
7.87% India Grid Trust InvIT Fund (24/02/2027) **
Corporate Debt
2.05%
CRISIL AAA
7.55% Small Industries Dev Bank of India (22/09/2026) **
Corporate Debt
1.83%
CRISIL AAA
Net Receivables / (Payables)
Cash & Cash Equivalents and Net Assets
1.73%
Cash
7.77% Power Finance Corporation Limited (15/07/2026) **
Corporate Debt
1.62%
CRISIL AAA

About this category

Short duration debt funds invest in debt instruments ranging from money market instruments to corporate and bank bonds and government papers. Average maturities for these funds hold below 2-3 years. These funds can be volatile in the very short term as bond prices react to potential interest rate changes, but this volatility is usually contained and evens out. Funds can pick instruments across the credit rating spectrum. Therefore, some can be far riskier than others.

Suitability

These funds suit any investor with a minimum investment horizons of 1.5 to 3 years but can be held for longer periods as well. Ensure that funds do not have a high share of low-rated debt if holding for the short term.

Taxation
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