Axis Gilt Fund Direct Plan Growth Option
Debt
Direct
Government Bond
NAV: ₹ 24.28 as on 23-04-2024
Fund Performance
62 people have invested ₹ 10.4L in Axis Gilt Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.5% return, outperforming this fund by 1.08% per annum.
In the last 5 years, SBI Magnum Gilt Fund Direct Growth has given 8.5% return, outperforming this fund by 0.42% per annum.
In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 8.17% return, outperforming this fund by 0.49%.
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.78%.
Over the last 6 months, this fund has experienced a 52.7% growth in AUM moving from 212.78 Cr to 324.86 Cr.
About the Axis Gilt Fund Direct Plan Growth Option
Axis Gilt Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sachin Jain, Devang Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Gilt Fund Direct Plan Growth Option has ₹325 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Axis Gilt Fund Direct Plan Growth Option Overview
 | 0.4% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹325 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 826.43% |
Axis Gilt Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
95.5%
Cash Equivalent
4.5%
Top Holdings of Axis Gilt Fund Direct Plan Growth Option as on (31-Mar-24)
Debt Holdings6
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 22.17% | -52.2% | |
7.3% Govt Stock 2053 | 17% | 0% | |
7.18% Govt Stock 2037 | 13.82% | -23.8% | |
7.32% Govt Stock 2030 | 7.75% | 0% | |
7.26% Govt Stock 2033 | 7.73% | 0% |
See all
Axis Gilt Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 285.7 Cr as of Mar'24
- AUM increased by 32 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Axis Gilt Fund Direct Plan Growth Option Fund Manager
Sachin Jain
Fund Manager of Axis Gilt Fund Direct Plan Growth Option, since 1 February 2023
Top funds managed
Devang Shah
Fund Manager of Axis Gilt Fund Direct Plan Growth Option, since 5 November 2012
Top funds managed
Axis Gilt Fund Direct Plan Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.53% since inception which is more than its category average return of 6.68%
AUM size ₹325 Cr
This fund has AUM of ₹325 Cr which is less than its category average of ₹ 1325 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.89%
Frequently Asked Questions
The current NAV of Axis Gilt Fund Direct Plan Growth Option is ₹24.28 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Axis Gilt Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.06% | 0.06% |
6 Month Returns | 5.42% | 5.42% |
1 Year Returns | 7.69% | 7.69% |
3 Years Returns | 17.16% | 5.42% |
5 Years Returns | 47.46% | 8.08% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.4% as on March 2024
₹325 Cr as on March 2024
7.18% Govt Stock 2033(22.17%), 7.3% Govt Stock 2053(17%), 7.18% Govt Stock 2037(13.82%), 7.32% Govt Stock 2030(7.75%), 7.26% Govt Stock 2033(7.73%) as on March 2024
Yield to Maturity is 7.2 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 7.53 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Sachin Jain, Devang Shah are the fund managers of Axis Gilt Fund Direct Plan Growth Option
The Exit load of Axis Gilt Fund Direct Plan Growth Option is 0%