AXIS SHORT TERM FUND

(An Open Ended Short Term Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 1 Year To 3 Years.A relatively high interest rate risk and moderate credit risk.)

JANUARY 2024

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.

DATE OF ALLOTMENT 22nd January 2010
MONTHLY AVERAGE7,577.37Cr.
AS ON 31st January, 20247,541.09Cr.
BENCHMARK NIFTY Short Duration Debt Index B-II
RESIDUAL MATURITY3.68 years
MODIFIED DURATION*2.84 years
MACAULAY DURATION*2.99 years
Portfolio YTM*(Annualised)7.82%
Adjusted YTM#7.84%

*in case of semi annual YTM, it will be annualised
#Portfolio YTM adjusted for bank bonds with optionality by considering their Yield To Call at respective call dates
*As per AMFI Best Practices Guidelines Circular No. 88 / 2020 -21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
FUND MANAGER
Mr. Devang Shah Work experience: 18 years. He has been managing this fund since 5th November 2012.
Mr. Aditya Pagaria Work experience: 15 years. He has been managing this fund since 3rd July 2023

# Values are less than 0.005%


 

Past performance may or may not be sustained in future. Different plans have different expense structure. Devang Shah is managing the scheme since 5th November 2012 and he manages 14 schemes of Axis Mutual Fund & Aditya Pagaria is managing the scheme since 3rd July 2023 and he manages 17 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹10.


Regular Plan

Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is ₹10. IDCW means Income Distribution cum Capital Withdrawal.


Entry Load : NA
Exit Load : Nil



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