Axis Short Term Fund Direct Growth

Fund Overview

Fund Size

₹12,692 Cr

Expense Ratio

0.38%

ISIN

INF846K01EI1

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Axis Short Term Fund Direct Growth is a Short Duration mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years, 11 months and 11 days, having been launched on 01-Jan-13.
As of 11-Dec-25, it has a Net Asset Value (NAV) of ₹34.78, Assets Under Management (AUM) of 12691.89 Crores, and an expense ratio of 0.38%.

Axis Short Term Fund Direct Growth has given a CAGR return of 8.21% since inception.
The fund's asset allocation comprises around 0.00% in equities, 89.85% in debts, and 9.90% in cash & cash equivalents.
You can start investing in Axis Short Term Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.57%

+7.63% (Cat Avg.)

3 Years

+8.21%

+7.54% (Cat Avg.)

5 Years

+6.64%

+6.22% (Cat Avg.)

10 Years

+7.86%

+6.43% (Cat Avg.)

Since Inception

+8.21%

— (Cat Avg.)

Portfolio Summaryas of 30th November 2025

Debt	₹11,403.57 Cr	89.85%
Others	₹1,288.32 Cr	10.15%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.28% Govt Stock 2032	Bond - Gov't/Treasury	₹424.79 Cr	3.35%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹423.5 Cr	3.34%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹382.12 Cr	3.01%
Power Finance Corporation Limited	Bond - Corporate Bond	₹249.68 Cr	1.97%
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹244 Cr	1.92%
7.54% Govt Stock 2036	Bond - Gov't/Treasury	₹222.83 Cr	1.76%
SIDDHIVINAYAK SECURITISATION TRUST	Bond - Asset Backed	₹216.18 Cr	1.70%
6.33% Govt Stock 2035	Bond - Gov't/Treasury	₹209.07 Cr	1.65%
Indigrid Infrastructure Trust	Bond - Corporate Bond	₹192.42 Cr	1.52%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹183.12 Cr	1.44%
Net Receivables / (Payables)	Cash - Collateral	₹174.02 Cr	1.37%
Jubilant Beverages Limited	Bond - Corporate Bond	₹167.75 Cr	1.32%
6.48% Govt Stock 2035	Bond - Gov't/Treasury	₹165.06 Cr	1.30%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹156.8 Cr	1.24%
Shriram Finance Limited	Bond - Corporate Bond	₹153.43 Cr	1.21%
Rec Limited	Bond - Corporate Bond	₹151.32 Cr	1.19%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹150.51 Cr	1.19%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹145.68 Cr	1.15%
Shriram Finance Limited	Bond - Corporate Bond	₹140.98 Cr	1.11%
Indigrid Infrastructure Trust	Bond - Corporate Bond	₹128.86 Cr	1.02%
Embassy Office Parks Reit	Bond - Corporate Bond	₹127.97 Cr	1.01%
Tata Capital Limited	Bond - Corporate Bond	₹126.58 Cr	1.00%
L&T Metro Rail (Hyderabad) Limited	Bond - Corporate Bond	₹125.59 Cr	0.99%
Rec Limited	Bond - Corporate Bond	₹124.99 Cr	0.98%
SHIVSHAKTI SECURITISATION TRUST	Bond - Asset Backed	₹119.76 Cr	0.94%
INDIA UNIVERSAL TRUST AL1	Bond - Asset Backed	₹119.06 Cr	0.94%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹116.59 Cr	0.92%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹111.66 Cr	0.88%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹105.59 Cr	0.83%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹104.68 Cr	0.82%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹102.87 Cr	0.81%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹102.05 Cr	0.80%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹101.63 Cr	0.80%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹101.54 Cr	0.80%
Muthoot Finance Limited	Bond - Corporate Bond	₹101.5 Cr	0.80%
Tvs Holdings Limited	Bond - Corporate Bond	₹101.13 Cr	0.80%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹100.69 Cr	0.79%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹100.66 Cr	0.79%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹100.48 Cr	0.79%
Aditya Birla Capital Limited	Bond - Corporate Bond	₹100.43 Cr	0.79%
Power Finance Corporation Limited	Bond - Corporate Bond	₹100.23 Cr	0.79%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹100.13 Cr	0.79%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹100.01 Cr	0.79%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹99.87 Cr	0.79%
Power Finance Corporation Limited	Bond - Corporate Bond	₹99.52 Cr	0.78%
Idfc First Bank Limited (27/02/2026) **	Cash	₹98.57 Cr	0.78%
Godrej Industries Limited	Bond - Corporate Bond	₹96.87 Cr	0.76%
Hdb Financial Services Limited	Bond - Corporate Bond	₹96.47 Cr	0.76%
Nexus Select TRust	Bond - Corporate Bond	₹95.05 Cr	0.75%
Small Industries Dev Bank Of India (23/10/2026) **	Cash	₹94.55 Cr	0.74%
Small Industries Development Bk Of India	Cash - Commercial Paper	₹94.27 Cr	0.74%
Hdfc Bank Limited (13/11/2026) **	Cash	₹94.24 Cr	0.74%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹91.3 Cr	0.72%
Muthoot Finance Limited	Bond - Corporate Bond	₹86.34 Cr	0.68%
Jubilant Bevco Limited	Bond - Corporate Bond	₹82.81 Cr	0.65%
Rec Limited	Bond - Corporate Bond	₹80.77 Cr	0.64%
Bharti Telecom Limited	Bond - Corporate Bond	₹80.11 Cr	0.63%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹76.92 Cr	0.61%
Godrej Properties Limited	Bond - Corporate Bond	₹76.63 Cr	0.60%
Shriram Finance Limited	Bond - Corporate Bond	₹76.62 Cr	0.60%
Aadhar Housing Finance Limited	Bond - Corporate Bond	₹76.43 Cr	0.60%
Power Finance Corporation Limited	Bond - Corporate Bond	₹76.39 Cr	0.60%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹76.33 Cr	0.60%
Godrej Industries Limited	Bond - Corporate Bond	₹76.1 Cr	0.60%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹76.04 Cr	0.60%
Summit Digitel Infrastructure Limited	Bond - Corporate Bond	₹75.99 Cr	0.60%
Reliance Life Sciences Private Limited	Bond - Corporate Bond	₹75.98 Cr	0.60%
Nexus Select TRust	Bond - Corporate Bond	₹75.65 Cr	0.60%
Bajaj Finance Limited	Bond - Corporate Bond	₹75.46 Cr	0.59%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹75.41 Cr	0.59%
RADHAKRISHNA SECURITISATION TRUST	Bond - Asset Backed	₹74.91 Cr	0.59%
Summit Digitel Infrastructure Limited	Bond - Corporate Bond	₹72.27 Cr	0.57%
Nexus Select TRust	Bond - Corporate Bond	₹71.12 Cr	0.56%
Bharti Telecom Limited	Bond - Corporate Bond	₹70.18 Cr	0.55%
Dlf Cyber City Developers Ltd	Bond - Corporate Bond	₹65.09 Cr	0.51%
HDFC Bank Ltd.	Bond - Corporate Bond	₹58.92 Cr	0.46%
Mindspace Business Parks Reit	Bond - Corporate Bond	₹55.34 Cr	0.44%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹52.59 Cr	0.41%
Jtpm Metal TRaders Limited	Bond - Corporate Bond	₹51.39 Cr	0.40%
Summit Digitel Infrastructure Limited	Bond - Corporate Bond	₹51.38 Cr	0.40%
Hdb Financial Services Limited	Bond - Corporate Bond	₹51.17 Cr	0.40%
National Bank For Financing Infrastructure And Development	Bond - Corporate Bond	₹50.98 Cr	0.40%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.89 Cr	0.40%
Muthoot Finance Limited	Bond - Corporate Bond	₹50.87 Cr	0.40%
Muthoot Finance Limited	Bond - Corporate Bond	₹50.84 Cr	0.40%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.77 Cr	0.40%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹50.75 Cr	0.40%
Rec Limited	Bond - Corporate Bond	₹50.67 Cr	0.40%
Power Finance Corporation Limited	Bond - Corporate Bond	₹50.66 Cr	0.40%
Rec Limited	Bond - Corporate Bond	₹50.65 Cr	0.40%
Power Finance Corporation Limited	Bond - Corporate Bond	₹50.54 Cr	0.40%
Power Finance Corporation Limited	Bond - Corporate Bond	₹50.39 Cr	0.40%
Indigrid Infrastructure Trust	Bond - Corporate Bond	₹50.33 Cr	0.40%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹50.23 Cr	0.40%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹50.19 Cr	0.40%
Rec Limited	Bond - Corporate Bond	₹50.16 Cr	0.40%
SANSAR JAN 2025 TRUST	Bond - Asset Backed	₹50.12 Cr	0.39%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.08 Cr	0.39%
Network18 Media & Investments Limited	Cash - Commercial Paper	₹49.98 Cr	0.39%
Poonawalla Fincorp Limited	Bond - Corporate Bond	₹49.97 Cr	0.39%
Power Finance Corporation Limited	Bond - Corporate Bond	₹49.62 Cr	0.39%
Bank of Baroda	Bond - Corporate Bond	₹49.33 Cr	0.39%
INDIA UNIVERSAL TRUST AL2	Bond - Asset Backed	₹49.17 Cr	0.39%
Punjab National Bank (18/03/2026)	Cash - CD/Time Deposit	₹49.15 Cr	0.39%
7.09% Govt Stock 2054	Bond - Gov't/Treasury	₹48.69 Cr	0.38%
Union Bank Of India	Cash - CD/Time Deposit	₹48.54 Cr	0.38%
Small Industries Dev Bank Of India (27/10/2026) **	Cash	₹47.24 Cr	0.37%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹45.87 Cr	0.36%
Sundaram Home Finance Limited	Bond - Corporate Bond	₹45.13 Cr	0.36%
SANSAR JUNE 2024 TRUST	Bond - Asset Backed	₹42.1 Cr	0.33%
Andhra Pradesh (Government of) 7.39%	Bond - Sub-sovereign Government Debt	₹40.99 Cr	0.32%
Godrej Finance Limited	Bond - Corporate Bond	₹40.62 Cr	0.32%
Dlf Cyber City Developers Ltd	Bond - Corporate Bond	₹40.04 Cr	0.32%
INDIA UNIVERSAL TRUST AL2	Bond - Asset Backed	₹36.83 Cr	0.29%
Hdb Financial Services Limited	Bond - Corporate Bond	₹35.18 Cr	0.28%
Muthoot Finance Limited	Bond - Corporate Bond	₹32.55 Cr	0.26%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2	Mutual Fund - Open End	₹31.58 Cr	0.25%
07.70 AP Sgs 2029	Bond - Gov't/Treasury	₹31.03 Cr	0.24%
6.79% Govt Stock 2031	Bond - Gov't/Treasury	₹30.57 Cr	0.24%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹30.18 Cr	0.24%
INDIA UNIVERSAL TRUST AL1	Bond - Asset Backed	₹28.47 Cr	0.22%
Power Finance Corporation Limited	Bond - Corporate Bond	₹27.32 Cr	0.22%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹26.17 Cr	0.21%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.94 Cr	0.20%
07.60 AP Sdl 2024	Bond - Gov't/Treasury	₹25.79 Cr	0.20%
Rec Limited	Bond - Corporate Bond	₹25.67 Cr	0.20%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.64 Cr	0.20%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.61 Cr	0.20%
Shriram Finance Limited	Bond - Corporate Bond	₹25.58 Cr	0.20%
Rec Limited	Bond - Corporate Bond	₹25.52 Cr	0.20%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.51 Cr	0.20%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹25.47 Cr	0.20%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹25.44 Cr	0.20%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.42 Cr	0.20%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.41 Cr	0.20%
Godrej Properties Limited	Bond - Corporate Bond	₹25.35 Cr	0.20%
Rec Limited	Bond - Corporate Bond	₹25.19 Cr	0.20%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹25.19 Cr	0.20%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.18 Cr	0.20%
Bajaj Finance Limited	Bond - Corporate Bond	₹25.08 Cr	0.20%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹24.87 Cr	0.20%
6.54% Rajasthan State Development Loans (18/11/2030)	Bond - Gov't/Treasury	₹24.84 Cr	0.20%
Rec Limited	Bond - Corporate Bond	₹24.45 Cr	0.19%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹24.39 Cr	0.19%
Bharti Telecom Limited	Bond - Corporate Bond	₹21.45 Cr	0.17%
Bihar (Government of) 7.54%	Bond - Sub-sovereign Government Debt	₹20.45 Cr	0.16%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹20.31 Cr	0.16%
Torrent Power Limited	Bond - Corporate Bond	₹20.27 Cr	0.16%
Muthoot Finance Limited	Bond - Corporate Bond	₹20.16 Cr	0.16%
06.58 GJ Sdl 2027	Bond - Gov't/Treasury	₹20.15 Cr	0.16%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹19.98 Cr	0.16%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹19.97 Cr	0.16%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹19.96 Cr	0.16%
Godrej Seeds & Genetics Limited	Bond - Corporate Bond	₹19.96 Cr	0.16%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹19.16 Cr	0.15%
India (Republic of)	Bond - Gov't/Treasury	₹16.37 Cr	0.13%
India (Republic of)	Bond - Gov't/Treasury	₹15.94 Cr	0.13%
SANSAR TRUST NOV 2023 II	Bond - Asset Backed	₹15.69 Cr	0.12%
GS CG 22/08/2027 - (STRIPS) Strips	Bond - Gov't/Treasury	₹15.29 Cr	0.12%
Embassy Office Parks Reit	Bond - Corporate Bond	₹15.27 Cr	0.12%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹15.16 Cr	0.12%
Goi Strips 2028	Bond - Gov't/Treasury	₹12.97 Cr	0.10%
6.82% Govt Stock 2033	Bond - Gov't/Treasury	₹12.01 Cr	0.09%
Rec Limited	Bond - Corporate Bond	₹11.9 Cr	0.09%
07.54 AP Sgs 2029	Bond - Gov't/Treasury	₹10.29 Cr	0.08%
Export Import Bank Of India	Bond - Corporate Bond	₹10.2 Cr	0.08%
Godrej Industries Limited	Bond - Corporate Bond	₹10.06 Cr	0.08%
Power Finance Corporation Limited	Bond - Corporate Bond	₹9.96 Cr	0.08%
Government Of India	Bond - Gov't/Treasury	₹9.94 Cr	0.08%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹9.86 Cr	0.08%
Government Of India	Bond - Gov't/Treasury	₹9.34 Cr	0.07%
Export Import Bank Of India	Bond - Corporate Bond	₹7 Cr	0.06%
9.2% Govt Stock 2030	Bond - Gov't/Treasury	₹5.59 Cr	0.04%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.22 Cr	0.04%
7.32% Govt Stock 2030	Bond - Gov't/Treasury	₹5.22 Cr	0.04%
HDFC Bank Limited	Bond - Corporate Bond	₹5.22 Cr	0.04%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹5.16 Cr	0.04%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹5.08 Cr	0.04%
Bajaj Finance Limited	Bond - Corporate Bond	₹5.07 Cr	0.04%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹5.07 Cr	0.04%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹5.02 Cr	0.04%
06.69 Tn SDL 2030	Bond - Gov't/Treasury	₹5.01 Cr	0.04%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹4.99 Cr	0.04%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹4.97 Cr	0.04%
7.04% Govt Stock 2029	Bond - Gov't/Treasury	₹4.95 Cr	0.04%
7.59% Govt Stock 2026	Bond - Gov't/Treasury	₹4.57 Cr	0.04%
6.67% Govt Stock 2035	Bond - Gov't/Treasury	₹4.52 Cr	0.04%
6.64% Govt Stock 2035	Bond - Gov't/Treasury	₹4.12 Cr	0.03%
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹4.09 Cr	0.03%
Cholamandalam Investment And Finance Company Limited	Bond - Corporate Bond	₹3.98 Cr	0.03%
7.37% Govt Stock 2028	Bond - Gov't/Treasury	₹3.74 Cr	0.03%
INDIA UNIVERSAL TRUST AL1	Bond - Asset Backed	₹3.64 Cr	0.03%
7.17% Govt Stock 2030	Bond - Gov't/Treasury	₹3.52 Cr	0.03%
6.75% Govt Stock 2029	Bond - Gov't/Treasury	₹3.41 Cr	0.03%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹2.95 Cr	0.02%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹2.52 Cr	0.02%
07.17 Wb SDL 2032	Bond - Gov't/Treasury	₹2.46 Cr	0.02%
6.79% Govt Stock 2027	Bond - Gov't/Treasury	₹2.44 Cr	0.02%
8.15% Govt Stock 2026	Bond - Gov't/Treasury	₹2.15 Cr	0.02%
7.26% Govt Stock 2029	Bond - Gov't/Treasury	₹2.08 Cr	0.02%
07.53 HR Sdl 2027	Bond - Gov't/Treasury	₹2.04 Cr	0.02%
07.52 Up SDL 2027	Bond - Gov't/Treasury	₹2.04 Cr	0.02%
6.1% Govt Stock 2031	Bond - Gov't/Treasury	₹1.97 Cr	0.02%
7.26% Govt Stock 2033	Bond - Gov't/Treasury	₹1.56 Cr	0.01%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹1.29 Cr	0.01%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹1.28 Cr	0.01%
6.92% Govt Stock 2039	Bond - Gov't/Treasury	₹1.27 Cr	0.01%
Food Corporation Of India	Bond - Corporate Bond	₹1.03 Cr	0.01%
6.79% Govt Stock 2029	Bond - Gov't/Treasury	₹0.7 Cr	0.01%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹0.51 Cr	0.00%
07.23 Tn SDL 2027	Bond - Gov't/Treasury	₹0.51 Cr	0.00%
Hdb Financial Services Limited	Bond - Corporate Bond	₹0.5 Cr	0.00%
8.6% Govt Stock 2028	Bond - Gov't/Treasury	₹0.37 Cr	0.00%
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹0.32 Cr	0.00%
7.59% Govt Stock 2029	Bond - Gov't/Treasury	₹0.22 Cr	0.00%
07.16 RJ Sdl 2029	Bond - Gov't/Treasury	₹0.18 Cr	0.00%
8.97% Govt Stock 2030	Bond - Gov't/Treasury	₹0.1 Cr	0.00%
Bihar (Government of) 7.45%	Bond - Sub-sovereign Government Debt	₹0.08 Cr	0.00%
5.79% Govt Stock 2030	Bond - Gov't/Treasury	₹0.06 Cr	0.00%
Interest Rate Swaps Pay Fix Receive Floating -Axis Bank (04/12/2025) (Fv 50	Interest Rate Swap	₹-0 Cr	0.00%
7.88% Govt Stock 2030	Bond - Gov't/Treasury	₹0 Cr	0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹9,027.72 Cr	71.13%
Bond - Gov't/Treasury	₹1,631.19 Cr	12.85%
Bond - Asset Backed	₹755.93 Cr	5.96%
Cash - Repurchase Agreement	₹423.5 Cr	3.34%
Cash	₹334.62 Cr	2.64%
Cash - Collateral	₹174.02 Cr	1.37%
Cash - Commercial Paper	₹144.25 Cr	1.14%
Cash - CD/Time Deposit	₹107.55 Cr	0.85%
Bond - Sub-sovereign Government Debt	₹61.53 Cr	0.48%
Mutual Fund - Open End	₹31.58 Cr	0.25%
Interest Rate Swap	₹-0 Cr	-

Risk & Performance Ratios

Fund Managers

Devang Shah

Since November 2012

Aditya Pagaria

Since July 2023

Additional Scheme Detailsas of 30th November 2025

ISIN

INF846K01EI1

Expense Ratio

0.38%

Exit Load

No Charges

Fund Size

₹12,692 Cr

Age

12 years 11 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Short Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Union Short Duration Fund Direct Growth Low Risk	0.3%	0.0%	₹479.44 Cr	-
Union Short Duration Fund Regular Growth Low Risk	0.7%	0.0%	₹479.44 Cr	-
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4538.79 Cr	8.1%
Groww Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹134.63 Cr	8.1%
Groww Short Duration Fund Regular Growth Moderate Risk	1.0%	0.0%	₹134.63 Cr	7.3%
Invesco India Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹993.51 Cr	8.1%
ICICI Prudential Short Term Fund Direct Growth Moderate Risk	0.5%	0.0%	₹23701.83 Cr	8.6%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹193.66 Cr	7.9%
Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk	0.3%	0.0%	₹10766.48 Cr	7.9%
Nippon India Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹9795.78 Cr	8.5%
Kotak Bond Fund Short Term Plan Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18537.89 Cr	8.1%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹269.67 Cr	8.1%
LIC MF Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹269.67 Cr	7.1%
Canara Robeco Short Duration Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹434.95 Cr	6.9%
SBI Short Term Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹17716.50 Cr	7.7%
Bank of India S/T Income Regular Growth Low to Moderate Risk	1.0%	0.0%	₹247.68 Cr	7.0%
Baroda BNP Paribas Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹307.51 Cr	7.4%
JM Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹87.53 Cr	7.9%
JM Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹87.53 Cr	7.1%
Invesco India Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹993.51 Cr	7.5%
Axis Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹12691.89 Cr	8.6%
UTI Short Term Income Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹3374.49 Cr	7.8%
HDFC Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18411.94 Cr	8.2%
Aditya Birla Sun Life Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹11362.54 Cr	8.4%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹247.68 Cr	7.6%
Baroda BNP Paribas Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹307.51 Cr	8.1%
SBI Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹17716.50 Cr	8.2%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3391.80 Cr	7.6%
Canara Robeco Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹434.95 Cr	7.5%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3969.73 Cr	7.9%
PGIM India Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹27.94 Cr	6.7%
HSBC Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹4538.79 Cr	7.6%
UTI Short Term Income Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹3374.49 Cr	7.3%
TrustMF Short Term Fund Regular Growth Moderate Risk	0.7%	0.0%	₹111.52 Cr	7.5%
TrustMF Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹111.52 Cr	8.0%
Aditya Birla Sun Life Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹11362.54 Cr	7.8%
Kotak Bond Fund Short Term Plan Regular Growth Low to Moderate Risk	1.1%	0.0%	₹18537.89 Cr	7.3%
Sundaram Short Duration Fund Regular Growth Moderate Risk	0.9%	0.0%	₹193.66 Cr	7.2%
DSP Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹3969.73 Cr	7.2%
PGIM India Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹27.94 Cr	6.1%
HDFC Short Term Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹18411.94 Cr	7.8%
Nippon India Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹9795.78 Cr	7.9%
Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹77.50 Cr	8.2%
Mahindra Manulife Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹77.50 Cr	7.1%
ICICI Prudential Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹23701.83 Cr	7.9%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹696.67 Cr	8.2%
Bandhan Bond Fund - Short Term Plan Regular Growth Low to Moderate Risk	0.8%	0.0%	₹10766.48 Cr	7.3%
Tata Short Term Bond Fund Regular Growth Moderate Risk	1.2%	0.0%	₹3391.80 Cr	6.7%
Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹696.67 Cr	7.3%
Axis Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹12691.89 Cr	8.0%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,61,982 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Gold and Silver Passive FoF Direct Growth Very High Risk	-	0.0%	-	-
Axis Multi-Asset Active FoF Direct Growth Very High Risk	-	1.0%	-	-
Axis Income Plus Arbitrage Passive Fund of Funds Direct Growth Moderate Risk	-	0.0%	₹138.14 Cr	-
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹316.41 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹78.22 Cr	-
Axis Services Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1978.87 Cr	-
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Axis Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹119.68 Cr	-
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹54.66 Cr	8.2%
Axis Momentum Fund Direct Growth Very High Risk	0.6%	1.0%	₹1262.88 Cr	-
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹23.30 Cr	8.4%
Axis Nifty500 Value 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹109.69 Cr	1.5%
Axis CRISIL IBX AAA NBFC Index Jun 2027 Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1524.10 Cr	8.3%
Axis Consumption Fund Direct Growth Very High Risk	0.5%	1.0%	₹3669.97 Cr	-0.7%
Axis Nifty 500 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹307.42 Cr	1.8%
Axis Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹149.43 Cr	11.7%
Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹10.13 Cr	5.6%
Axis S&P BSE Sensex Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹45.38 Cr	5.2%
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 119 71 Days Direct Growth Low to Moderate Risk	-	-	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹42.02 Cr	11.8%
Axis India Manufacturing Fund Direct Growth Very High Risk	0.5%	1.0%	₹5246.31 Cr	0.6%
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	₹92.41 Cr	7.6%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low Risk	-	0.0%	₹76.51 Cr	7.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹67.69 Cr	7.5%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13711.73 Cr	7.8%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹1287.36 Cr	23.3%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹551.41 Cr	-11.0%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹13275.82 Cr	-0.7%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹24193.73 Cr	7.6%
Axis Equity Hybrid Fund Direct Growth High Risk	1.1%	1.0%	₹1574.65 Cr	2.9%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1198.87 Cr	-0.8%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹10088.90 Cr	8.5%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1224.08 Cr	-1.2%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹8083.99 Cr	7.1%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.6%	1.0%	₹1695.55 Cr	35.1%
Axis Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹1191.65 Cr	2.3%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.1%	0.0%	₹2208.27 Cr	7.8%
Axis Quant Fund Direct Growth Very High Risk	0.7%	1.0%	₹925.27 Cr	-2.2%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹599.23 Cr	4.8%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹34071.52 Cr	2.9%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1202.97 Cr	6.8%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹1953.56 Cr	63.9%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹12445.38 Cr	-0.2%
Axis Regular Saver Fund Direct Growth Very High Risk	1.1%	1.0%	₹236.35 Cr	6.5%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1941.11 Cr	8.8%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹35083.65 Cr	0.9%

Risk Level

Your principal amount will be at Low to Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Axis Short Term Fund Direct Growth?

The NAV of Axis Short Term Fund Direct Growth, as of 11-Dec-2025, is ₹34.78.

What are the returns of Axis Short Term Fund Direct Growth?

The fund has generated 8.57% over the last 1 year and 8.21% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Axis Short Term Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 89.85% in bonds, and 9.90% in cash and cash equivalents.

Who manages the Axis Short Term Fund Direct Growth?

The fund managers responsible for Axis Short Term Fund Direct Growth are:-

Devang Shah
Aditya Pagaria

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

Fund Overview

Fund Size

₹12,692 Cr

Expense Ratio

0.38%

ISIN

INF846K01EI1

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk