Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth is a debt fund. This fund was started on 23 February, 2022. The fund is managed by Aditya Pagaria, Hardik Shah. This fund is suitable to keep your money safe.

1. Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth has ₹2225 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth has given a CAGR return of 6.39% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.42% and 7.31% respectively.

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.52 GJ Sdl 2027, 07.51 MH Sdl 2027, 06.58 GJ Sdl 2027, 07.52 Tn SDL 2027, 07.53 HR Sdl 2027

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 closely corresponding to the total returns of the securities as represented by the CRISIL IBX SDL Index – May 2027 before expenses, subject to tracking errors. However, there can be 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 CRISIL IBX SDL May 2027 Index Fund Direct Growth has no lock in period.