Axis Fixed Term Series 112 1143 Days Fund Direct Growth

Axis Fixed Term Series 112 1143 Days Fund Direct Growth is a debt fund. This fund was started on 1 March, 2023. The fund is managed by Hardik Shah, Sachin Jain. This fund is suitable to keep your money safe.

1. Axis Fixed Term Series 112 1143 Days Fund Direct Growth has ₹77 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

Axis Fixed Term Series 112 1143 Days Fund Direct Growth has given a CAGR return of 8.17% since inception. Over the last 1 year the fund has given a CAGR return of 8.19%.

Axis Fixed Term Series 112 1143 Days Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are Goi Strips - Mat 190326, 7.36 Goi

As it is a fixed maturity short-term bond 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 Scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Axis Fixed Term Series 112 1143 Days Fund Direct Growth has no lock in period.