Axis Fixed Term Series 113 1228 Days Fund Direct Growth
Debt
Direct
Fixed Maturity Short-Term Bond
NAV as on 11-10-2024
₹ 11.22
Inception Returns
7.7%
/yr
About the Fund
Axis Fixed Term Series 113 1228 Days Fund Direct Growth is a debt fund. This fund was started on 21 March, 2023. The fund is managed by Sachin Jain, Aditya Pagaria. This fund is suitable to keep your money safe.
Key Parameters
- Axis Fixed Term Series 113 1228 Days Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Axis Fixed Term Series 113 1228 Days Fund Direct Growth has given a CAGR return of 7.65% since inception. Over the last 1 year the fund has given a CAGR return of 7.95%.
Holdings
Axis Fixed Term Series 113 1228 Days Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Indian Railway Finance Corporation Limited, Bharat Petroleum Corporation Limited, Rural Electrification Corporation Limited, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development
Taxation
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: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 of Axis Fixed Term Series 113 1228 Days Fund Direct Growth
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 and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Axis Fixed Term Series 113 1228 Days Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.11% |
Benchmark | CRISIL Medium Term Debt TR INR |
| AUM | ₹0 Cr |
| Inception Date | 21 March, 2023 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 14.88% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (11-Oct-24)
Fund Distribution
as on (31-Dec-69)
Top 2 Sectors in August were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Indian Railway Finance Corporation Limited | 10.46% | 0% | |
Bharat Petroleum Corporation Limited | 9.93% | 0% | |
Rural Electrification Corporation Limited | 9.91% | 0% | |
Small Industries Development Bank Of India | 9.9% | 0% | |
National Bank For Agriculture And Rural Development | 9.89% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Fixed Term Series 113 1228 Days Fund Direct Growth | 7.95% | - | - | 7.65% |
Axis Fixed Term Series 113 1228 Days Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
Expense Ratio 0.11%
Frequently Asked Questions
Axis Fixed Term Series 113 1228 Days Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.79% | 0.79% |
6 Month Returns | 3.92% | 3.92% |
1 Year Returns | 7.95% | 7.95% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |