Axis All Seasons Debt Fund of Funds Direct Growth is a hybrid fund. This fund was started on 28 January, 2020. The fund is managed by Devang Shah, R Sivakumar. This fund gives you the benefit of diversification.
Axis All Seasons Debt Fund of Funds Direct Growth has given a CAGR return of 6.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.16% and 6.20% respectively.
Axis All Seasons Debt Fund of Funds Direct Growth has allocated its funds majorly in Industrial, Government, Cash Equivalent, Corporate, Securitize.
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis All Seasons Debt Fund of Funds Direct Growth has no lock in period.
Expense ratio | 0.23% |
Benchmark | Nifty Composite Debt Index TR INR |
AUM | ₹175 Cr |
Inception Date | 28 January, 2020 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
Lock In | No Lock-in |
TurnOver | 89.13% |
Risk | Moderately High risk |
Axis All Seasons Debt Fund of Funds Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 4.91% | 4.91% |
1 Year Returns | 8.16% | 8.16% |
3 Years Returns | 19.78% | 6.2% |
5 Years Returns | 0% | 0% |
AAA | 97 |
AA | 2.49 |
A | 0.51 |