Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth is a debt fund. This fund was started on 24 January, 2023. The fund is managed by Hardik Shah. This fund is suitable to keep your money safe.

1. Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth has ₹70 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 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth has given a CAGR return of 7.70% since inception. Over the last 1 year the fund has given a CAGR return of 7.45%.

Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.17% Govt Stock 2028, 08.05 Tn Sdl 2028apr, 08.44 RJ Sdl 2028, 08.16 RJ Sdl 2028, 08.15 Tn SDL 2028

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index – June 2028 before expenses, subject to tracking errors. However, there can be no assurance or guarantee 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 CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth has no lock in period.