Investment Objective and Approach

The investment objective of this fund is to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. Axis Short Duration Fund is an open ended short duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years.

The fund employs a strategic approach by:

- Investing in a range of debt securities such as government securities, derivatives, corporate bonds, and maintaining liquidity through money market instruments like commercial paper, treasury bills, certificates of deposits

- Having the flexibility to invest in low credit quality debt instruments that may have the ability to generate better returns

- Focusing on high quality papers that allows participation in the short duration part of the curve which is a large and highly traded space

- Maintaining shorter average portfolio maturity than long term debt funds to minimize interest rate fluctuation impact

The fund is particularly suited for investors seeking relatively stable returns with lower volatility compared to longer duration debt funds, while maintaining reasonable liquidity for their investment needs.

Fund Managers

Devang Shah is the Current Fund Manager of Axis Short Duration Fund Direct Growth fund. The fund is managed by Aditya Pagaria, Devang Shah.

Devang Shah:

- B.Com and ACA qualified

- Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers

Aditya Pagaria:

- Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College

- Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations

Both fund managers bring extensive experience in fixed income management, with strong backgrounds from reputed financial institutions.

About the Fund House (AMC)

Axis Mutual Fund ranks among India's leading 10 Asset Management Companies. Founded in 2009, it operates as a joint venture between Axis Bank, the third largest private sector bank in India, and Schroder Singapore Holdings Private Limited (SSHPL), which owns 25% of the holdings.

Key highlights of Axis Mutual Fund:

- Has emerged as one of the fastest-growing mutual fund companies in the Indian market

- Present in over 100 cities and has over 98 lakh active investor accounts

- As of December 2023, the company boasts Assets Under Management (AUM) of Rs 2.6 lakh crores

- Vast product lineup offers more than 53 different schemes

- Axis Bank Limited holds 74.99% in Axis Mutual Fund

The AMC combines the banking expertise of Axis Bank with global investment management experience from Schroders, providing investors with professional fund management backed by strong institutional support.

Should I Invest in Axis Short Duration Fund?

Axis Short Duration Fund can be suitable for investors with specific investment profiles and objectives:

Ideal for:

- Conservative investors seeking steady returns with moderate risk

- Investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio

- Those looking for higher returns than what a bank fixed deposit can fetch

- Investors wanting to park surplus funds with better liquidity than long-term debt funds

Performance Track Record:

- Has given a CAGR return of 8.31% since inception

- Over the past five years, has delivered an annualised return of 6.76% as of 16-Aug-2025

- The AUM is ₹11466.70 Cr as of 25th July 2025 with an expense ratio of 0.37

Risk Considerations:

- The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit

- Their returns may not be substantially higher than inflation and are meant to deliver steady, but low to moderate returns

- Interest rate changes can impact returns, though less than longer duration funds

Investment Requirements:

- Minimum investment required is ₹5,000 for the lump sum option and ₹1,000 for the SIP option

FAQs

What is today's NAV of Axis Short Duration Fund?

Latest NAV for Axis Short Duration Fund is at ₹ 34.05. NAV is updated daily and reflects the current per-unit value of the fund.

What is the AUM of Axis Short Duration Fund?

The AUM (assets under management) of Axis Short Duration Fund is ₹11466.70 Cr as of 25th July 2025.

What is the expense ratio of Axis Short Duration Fund?

The expense ratio of Axis Short Duration Fund Plan is 0.37 as of 25th July 2025. This represents the annual fee charged for fund management.

What are the returns of Axis Short Duration Fund since inception?

Axis Short Duration Fund Direct Growth has given a CAGR return of 8.31% since inception. The fund was made available to investors on 04 Sep 2009.

What is the minimum SIP amount to invest in Axis Short Duration Fund?

The minimum SIP (Systematic Investment Plan) amount is ₹1,000 with flexible monthly investment options available.

How do I invest in Axis Short Duration Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing between SIP or lump sum, and making payment online.

How to start a SIP in Axis Short Duration Fund?

Through Allvest, select Axis Short Duration Fund, choose SIP option, set monthly amount (minimum ₹1,000), select date, and set up auto-debit mandate.

How do I automate an SIP in Axis Short Duration Fund?

Set up bank mandate or UPI autopay through Allvest platform during SIP registration for automated monthly deductions without manual intervention.

How can I withdraw/redeem my investment in Axis Short Duration Fund?

Log into Allvest platform, select your holdings, choose full or partial redemption, and funds will be credited to your registered bank account typically within 1-3 business days.