Axis Strategic Bond Fund Direct Growth Option
Axis Strategic Bond Fund Direct Growth Option

Axis Strategic Bond Fund Direct Growth Option

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Debt
Direct
Medium Duration

NAV: ₹ 24.6 as on 25-11-2022

Fund Performance
zero opening, trading, fund transfer fee
86 people have invested ₹ 2.8L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.9%
1.4%
3.3%
4.3%
7.2%
7.3%
Benchmark
-0.5%
2%
0.5%
2.5%
4.8%
4.5%
About the Fund

Axis Strategic Bond Fund Direct Growth Option is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Devang Shah, Kaustubh Sule. This fund is suitable to keep your money safe.

Key parameters

1) Axis Strategic Bond Fund Direct Growth Option has a NAV of 24.6358 as on 25-11-2022.

2) Axis Strategic Bond Fund Direct Growth Option has 1565 Cr worth of assets under management (AUM) as on 30-09-2022 and is less than category average.

3) The fund has an expense ratio 0.39 %.

Fund Overview

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1565 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
358.01%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
61.5%
AA
32.1%
A
6.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

37.3%

Government

34.8%

Cash Equivalent

26.4%

Securitize

1.5%

Top Holdings

  • All
  • Debt & Cash
Total Holdings63
Debt Holdings63
Holdings
Weight%
Holdings Trend
1M Change
icon
7.38% Govt Stock 2027
20.65%
-15.2%
icon
7.26% Govt Stock 2032
14.37%
0%
icon
7.42% Govt Stock 2033
5.43%
0%
icon
7.17% Govt Stock 2028
5.1%
0%
icon
JM Financial Credit Solutions Limited
2.76%
61.5%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 44.7 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 1.6K Cr
Sep'22
₹ 1.6K Cr
Aug'22
₹ 1.7K Cr

Fund Returns vs Benchmark

Oct'22
1.03%
1.58%
Sep'22
-0.06%
-0.47%
Aug'22
0.89%
0.80%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Managing this fund since 5 November 2012

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Short Term Fund Direct Plan Growth Option
6.41%
5.51%
Axis Treasury Advantage Fund Direct Plan Growth Option
5.42%
4.91%
Axis Liquid Fund Direct Plan Growth Option
4.16%
3.26%
Kaustubh Sule

Kaustubh Sule

Managing this fund since 9 November 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Strategic Bond Fund Direct Growth Option
7.21%
5%
Axis Equity Hybrid Fund Direct Growth
12.92%
14.63%
Axis Dynamic Bond Fund Direct Plan Growth Option
6.49%
5.03%

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.63% since inception which is more than its category average return of 4.36%
AUM size ₹1565 Cr

AUM size ₹1565 Cr

This fund has AUM of ₹1565 Cr which is less than its category average of ₹ 1603 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.02%

Frequently Asked Questions

The current NAV of Axis Strategic Bond Fund Direct Growth Option is 24.64.
Existing (Absolute + CAGR)
Axis Strategic Bond Fund Direct Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.9%
0.9%
6 Month Returns
3.34%
3.34%
1 Year Returns
4.32%
4.32%
3 Years Returns
23.22%
7.21%
5 Years Returns
42.19%
7.29%
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.
0.39 as on October 2022
1565 Cr as on October 2022
7.79
1.92
AAA
61.53
AA
32.12
A
6.34
Devang Shah,Kaustubh Sule are the fund managers of Axis Strategic Bond Fund Direct Growth Option
The Exit load of Axis Strategic Bond Fund Direct Growth Option is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.