Axis Short Term Fund - Retail Plan - Monthly IDCW

Axis Short Term Fund - Retail Plan - Monthly IDCW is a scheme launched by AXIS Mutual Fund on March 03, 2010, and falls under the Short Duration fund category. It currently manages an AUM of Rs 12,129.17 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.89% for managing the portfolio.

• Investing Strategy:

  To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.

• Performance:

  Axis Short Term Fund - Retail Plan - Monthly IDCW trailing returns over different times are 0.01% (1 year), 0.13% (3 year) and -0.11% (5 year). The average annual return of this fund stands at 0.4%.