Axis Short Term Fund

Regular Plan · Bonus Option · Mutual fund · Scheme code 128950

NAV₹22.3737as on 4 May 2020

Fund houseAxis Mutual Fund

CategoryMutual fund

Plan & optionRegular · Bonus Option

History5.8 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.60	1.84	3.70	9.66	7.60	8.05	—	—	8.26

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	1.4%	0.78	1.42	—	—	-2.6%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
1,144	4.1%	8.6%	10.7%	0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

Axis Short Term Fund

Regular Plan · Bonus Option

Allocation

By asset

Debt	91.61%
Cash & Equivalents	6.18%
REITs / InvITs	1.81%
AIF Units	0.49%

By market cap

Unclassified	189.56%

Concentration

Number of stocks	172
Top 5 stocks	16.53%
Top 10 stocks	27.06%
Top 20 stocks	41.39%
Lines in the filing	179

Largest holding	4.45%
Largest sector	CRISIL AAA 39.11%
Effective stocks	71.2
Sectors held	14
Cash	6.18%

Effective stocks is what the concentration works out to: a fund holding 172 names but most of its money in a few behaves like a fund of 71. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA	39.11%
ICRA AAA	9.26%
Sovereign	8.20%
CRISIL AA	7.14%
CRISIL AAA(SO)	6.77%
Cash & Equivalents	6.18%
CRISIL A1+	5.38%
CRISIL AA+	5.33%
CARE A1+	4.91%
ICRA AA+	2.41%
CRISIL AAA(CE)	1.63%
IND AAA(SO)	1.62%
CARE AAA	1.01%
IND A1+	0.65%
Unclassified	0.49%

Axis Short Term Fund

Regular Plan · Bonus Option · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	6.94% Government of India (11/05/2036)	Sovereign	33,599,900	330	4.45%
2	7.7% Nuclear Power Corporation Of India Limited (21/03/2038)	ICRA AAA	30,000	300	4.04%
3	Clearing Corporation of India Ltd	Unclassified	—	263	3.54%
4	Siddhivinayak Securitisation Trust (28/09/2030)	CRISIL AAA(SO)	213	204	2.74%
5	7.22% Small Industries Dev Bank of India (10/04/2029)	CRISIL AAA	20,000	197	2.65%
6	6.61% Power Finance Corporation Limited (15/07/2028)	CRISIL AAA	20,000	196	2.65%
7	Net Receivables / (Payables)	Unclassified	—	195	2.64%
8	HDFC Bank Limited (15/01/2027)	CARE A1+	4,000	196	2.64%
9	7.62% National Bank For Agriculture and Rural Development (31/01/2028)	CRISIL AAA	17,900	179	2.41%
10	HDFC Bank Limited (05/03/2027)	CRISIL A1+	3,000	146	1.96%
11	7.87% IndiGrid Infrastructure Trust (24/02/2027)	CRISIL AAA	14,000	140	1.89%
12	7.87% Bajaj Housing Finance Limited (04/08/2036)	CRISIL AAA	12,500	121	1.63%
13	7.55% L&T Metro Rail (Hyderabad) Limited (28/04/2035)	CRISIL AAA(CE)	12,500	120	1.62%
14	Jubilant Beverages Limited (31/05/2028) (ZCB)	CRISIL AA	10,750	120	1.62%
15	Shivshakti Securitisation Trust (28/09/2029)	CRISIL AAA(SO)	118	113	1.52%
16	India Universal Trust (20/09/2030)	IND AAA(SO)	128	107	1.44%
17	7.68% Small Industries Dev Bank of India (10/08/2027)	CRISIL AAA	10,300	103	1.39%
18	8.65% TVS Holdings Limited (07/06/2029)	CRISIL AA+	10,000	100	1.35%
19	8.1% Tata Capital Housing Finance Limited (13/12/2028)	CRISIL AAA	10,000	100	1.35%
20	8.46% Aditya Birla Capital Limited (26/02/2027) (FRN)	ICRA AAA	10,000	100	1.35%
21	Mahindra & Mahindra Financial Services Limited (18/05/2029) (FRN)	CRISIL AAA	10,000	100	1.35%
22	Tata Capital Limited (21/02/2029) (FRN)	CRISIL AAA	10,000	100	1.34%
23	7.99% Godrej Seeds & Genetics Limited (26/12/2028)	CRISIL AA	10,000	99	1.33%
24	7.44% National Bank For Agriculture and Rural Development (17/07/2029)	CRISIL AAA	10,000	99	1.33%
25	7.64% Bajaj Housing Finance Limited (01/07/2030)	CRISIL AAA	10,000	98	1.32%
26	Bank of Baroda (27/01/2027)	CARE A1+	2,000	98	1.32%
27	Export Import Bank of India (12/03/2027)	CRISIL A1+	2,000	97	1.31%
28	Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN)	ICRA AA+	9,500	95	1.28%
29	7.99% Godrej Seeds & Genetics Limited (26/03/2029)	CRISIL AA	9,500	94	1.26%
30	09.15% Shriram Finance Limited (28/06/2029)	CRISIL AAA	8,500	87	1.17%

Axis Short Term Fund

Regular Plan · Bonus Option · where the money sits

What the manager did last month

Between the filings of 31 May 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹0 cr	₹50 cr	0	1	+0.67%

Stock	Shares traded	Shares	Price	Value ₹ cr
Trimmed
7.7165% Nexus Select Trust - REIT (14/06/2028)	5,000	-71.4%	+0.8%	50.1
Sold out of
7.75% Mindspace Business Parks REIT (30/06/2026)	500	exited	—	5.0

Not equity	Previous filing	This filing	Change
Cash, repo and TREPS	₹0 cr	₹0 cr	+₹0 cr
Debt: bills, CDs and commercial paper	₹8,012 cr	₹7,528 cr	−₹484 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹732,993	₹132,993	7.96%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 29 Oct 2026.