Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Long Duration
NAV: ₹ 1061.2 as on 27-09-2023
Fund Performance
About the Fund
Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 27 December, 2022. The fund is managed by Devang Shah, Hardik Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl has ₹185 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.26% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹185 Cr |
 | 27 December, 2022 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 95.15% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
80.3%
Cash Equivalent
19.7%
Top Holdings of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl as on (31-Aug-23)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.36% Govt Stock 2052 | 79.98% | 0% |
Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 184.9 Cr as of Aug'23
- AUM increased by 2.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Devang Shah
Fund Manager of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 27 December 2022
Top funds managed
Hardik Shah
Fund Manager of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl, since 27 December 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered returns of 6.12% since inception (27nd Dec 2022)
AUM size ₹185 Cr
This fund has AUM of ₹185 Cr which is less than its category average of ₹ 1866 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.78%
Frequently Asked Questions
The current NAV of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is ₹1061.18 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 3.35% | 3.35% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.26% as on August 2023
₹185 Cr as on August 2023
Yield to Maturity is 7.3 as on August 2023. 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 9.28 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Devang Shah, Hardik Shah are the fund managers of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Axis Long Duration Fund Direct Annually Reinvestment Inc Dist cum Cap Wdrl is 0%