Axis Short Term Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 31.3214 -0.0009(-0.003 %) NAV as on 10 Sep 2024
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 10 Sep 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.11 % | 2.26 % | 4.17 % | 8.12 % | 6.21 % | 7.04 % | 8.15 % | >
Portfolio
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.
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.
