Axis Strategic Bond Fund Direct Growth Option
Debt
Direct
Medium Duration
NAV: ₹ 27.45 as on 16-04-2024
Fund Performance
121 people have invested ₹ 11.7L in Axis Strategic Bond Fund Direct Growth Option in the last three months
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.06% return, outperforming this fund by 6.42% per annum.
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.28% return, outperforming this fund by 1.83% per annum.
In the last 1 year, Kotak Medium Term Direct Growth has given 8.29% return, outperforming this fund by 0.26%.
Over the last 1 year, this fund has decreased expense ratio by 12.8% moving from 0.39 to 0.34.
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.85%.
About the Axis Strategic Bond Fund Direct Growth Option
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, Sachin Jain. This fund is suitable to keep your money safe.
Key Parameters
- Axis Strategic Bond Fund Direct Growth Option has ₹1985 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Axis Strategic Bond Fund Direct Growth Option Overview
 | 0.33% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹1985 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 288.85% |
Axis Strategic Bond Fund Direct Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
59.2%
AA
36.1%
A
4.7%
Sector Allocation
Corporate
58.1%
Government
35.6%
Cash Equivalent
5%
Securitize
1.3%
Top Holdings of Axis Strategic Bond Fund Direct Growth Option as on (31-Mar-24)
Debt Holdings69
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2037 | 10.66% | -27.6% | |
7.26% Govt Stock 2033 | 10.63% | 0% | |
Nirma Limited | 3.03% | 0% | |
Aadhar Housing Finance Ltd. 8.65% | 2.77% | 0% | |
DLF Cyber City Developers Limited 8.4% | 2.76% | 0% |
See all
Axis Strategic Bond Fund Direct Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2K Cr as of Mar'24
- AUM increased by 8.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Axis Strategic Bond Fund Direct Growth Option Fund Manager
Devang Shah
Fund Manager of Axis Strategic Bond Fund Direct Growth Option, since 5 November 2012
Top funds managed
Sachin Jain
Fund Manager of Axis Strategic Bond Fund Direct Growth Option, since 1 February 2023
Top funds managed
Axis Strategic Bond Fund Direct Growth Option Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 8.56% since inception which is more than its category average return of 4.39%
AUM size ₹1985 Cr
This fund has AUM of ₹1985 Cr which is more than its category average of ₹ 1552 Cr
Expense Ratio 0.33%
This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of Axis Strategic Bond Fund Direct Growth Option is ₹27.45 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Axis Strategic Bond Fund Direct Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.41% | 0.41% |
6 Month Returns | 4.59% | 4.59% |
1 Year Returns | 8.03% | 8.03% |
3 Years Returns | 21.25% | 6.63% |
5 Years Returns | 43.21% | 7.45% |
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.
0.33% as on March 2024
₹1985 Cr as on March 2024
7.18% Govt Stock 2037(10.66%), 7.26% Govt Stock 2033(10.63%), Nirma Limited(3.03%), Aadhar Housing Finance Ltd. 8.65%(2.77%), DLF Cyber City Developers Limited 8.4%(2.76%) as on March 2024
Corporate(58.09%), Government(35.62%), Cash Equivalent(4.95%) as on March 2024
Yield to Maturity is 8.31 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 3.68 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 59.17 |
AA | 36.13 |
A | 4.7 |
Devang Shah, Sachin Jain 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%