Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth

Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth is a debt fund. This fund was started on 11 December, 2024. The fund is managed by Aditya Pagaria. This fund is suitable to keep your money safe.

1. Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth has ₹44 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.2.
   

Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth has given a CAGR return of 4.74% since inception.

Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are Tata Capital Limited, LIC Housing Finance Ltd, Aditya Birla Capital Limited, Bajaj Housing Finance Limited, Bajaj Finance Limited

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to provide investment returns before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL- IBX AAA NBFC-HFC Index – Jun 2027, subject to tracking error.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth has no lock in period.