Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl

Debt
Direct
Medium Duration
Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl

About the Fund

Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 22 June, 2015. The fund is managed by Sachin Jain, Devang Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl has ₹1939 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 6.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.07%, 6.73% and 7.42% respectively.

Holdings

Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.23% Govt Stock 2039, Nirma Limited, 7.34% Govt Stock 2064, 7.18% Govt Stock 2037

Taxation

As it is a medium duration 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 Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 1000 in Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.39%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹1939 Cr
Inception Date22 June, 2015
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
288.85%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
59.6%

AA
33.6%

A
6.8%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
55.2%
Government
38.5%
Cash Equivalent
5%
Securitize
1.4%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
12.59%
-16.4%
7.23% Govt Stock 2039
7.23% Govt Stock 2039
3.41%
-23.5%
Nirma Limited
Nirma Limited
3.1%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
2.93%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
2.92%
10.6%

Sachin Jain
Sachin Jain
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl, since 1 February 2023
Devang Shah
Devang Shah
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl, since 5 November 2012

Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.91% since inception which is more than its category average return of 4.46%
AUM size ₹1939 Cr

AUM size ₹1939 Cr

This fund has AUM of ₹1939 Cr which is more than its category average of ₹ 1500 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 0.94%

Frequently Asked Questions

The current NAV of Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl is ₹11.68 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
4.47%
4.47%
1 Year Returns
8.07%
8.07%
3 Years Returns
21.57%
6.73%
5 Years Returns
43.05%
7.42%
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 June 2024
₹1939 Cr as on June 2024
7.18% Govt Stock 2033(12.59%), 7.23% Govt Stock 2039(3.41%), Nirma Limited(3.1%), 7.34% Govt Stock 2064(2.93%), 7.18% Govt Stock 2037(2.92%) as on June 2024
Corporate(54.35%), Government(38.87%), Cash Equivalent(5.38%) as on June 2024
Yield to Maturity is 8.15 as on June 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 3.76 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
59.6
AA
33.6
A
6.8
Sachin Jain, Devang Shah are the fund managers of Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Strategic Bond Fund Direct Half Yearly Pyt of Inc Dis cum Cap Wdrl is 1%