Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 27 March, 2023. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.

1. Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹0 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.
   

Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 0.00% since inception.

Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in . Its top holdings are

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 corresponding to the total returns of the securities as represented by the NIFTY G-Sec September 2032 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis NIFTY G-Sec September 2032 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.