Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Medium Duration
NAV: ₹ 11.8 as on 27-03-2023
Fund Performance
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl Performance as on (27-Mar-23)
About the Fund
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 22 June, 2015. The fund is managed by Devang Shah, Sachin Jain, Kaustubh Sule, Akhil Thakker. This fund is suitable to keep your money safe.
Key parameters
1) Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl has a NAV of ₹11.7503 as on 27-03-2023.
2) Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl has ₹1651 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.39 %.
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹1651 Cr |
 | 22 June, 2015 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 358.01% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
65.2%
AA
25.9%
A
8.9%
Sector Allocation
Corporate
49%
Government
44.4%
Cash Equivalent
5.1%
Securitize
1.5%
Top Holdings of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl as on (28-Feb-23)
Debt Holdings65
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 19.73% | -18.8% | |
7.26% Govt Stock 2033 | 16.69% | 47.9% | |
JM Financial Credit Solutions Limited | 2.63% | 0% | |
Motherson Sumi Systems Limited | 2.4% | 0% | |
Pune Solapur Expressways Pvt. Ltd | 2.27% | 0% |
See all
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.25% whereas the fund’s underlying benchmark Medium Duration Index returns stands at 0.13% as on Feb'23
- This fund outperformed Medium Duration Index by 0.12% in Feb'23
AUM Change
- AUM of the fund stands at 1.6K Cr as of Feb'23
- AUM increased by 32.3 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Motherson Sumi Systems Limited's allocation increased from 0% to 2.43%
Avanse Financial Services Limited's allocation increased from 0% to 2.02%
Small Industries Development Bank Of India's allocation increased from 0% to 1.53%
Top Stocks sold last month
JM Financial Credit Solutions Limited's allocation decreased from 2.69 % to 2.66 %
Pune Solapur Expressways Pvt. Ltd's allocation decreased from 2.31 % to 2.29 %
Bharti Telecom Limited's allocation decreased from 2.18 % to 2.15 %
Cash allocation has gone down from 6.8% to 6.6%
Debt allocation has gone up from 93.2% to 93.4%
Top 3 Sectors in February were Corporate, Government & Securitize
Feb'23
Corporate
49%
Government
44%
Securitize
1%
Jan'23
Corporate
49%
Government
44%
Securitize
1%
Peer Analysis
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Devang Shah
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 5 November 2012
Top funds managed
Sachin Jain
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 1 February 2023
Top funds managed
Kaustubh Sule
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 9 November 2021
Top funds managed
Akhil Thakker
Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 1 February 2023
Top funds managed
Fund 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 6.64% since inception which is more than its category average return of 4.38%
AUM size ₹1651 Cr
This fund has AUM of ₹1651 Cr which is more than its category average of ₹ 1541 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.01%
Frequently Asked Questions
The current NAV of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl is 11.75 as on 27-Mar-2023.
Existing (Absolute + CAGR)
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.01% | 1.01% |
6 Month Returns | 3.68% | 3.68% |
1 Year Returns | 5.11% | 5.11% |
3 Years Returns | 21.66% | 6.75% |
5 Years Returns | 36.64% | 6.44% |
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 February 2023
1651 Cr as on February 2023
Yield to Maturity is 8.38 as on February 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 2.92 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 65.16 |
AA | 25.92 |
A | 8.92 |
Devang Shah,Sachin Jain,Kaustubh Sule,Akhil Thakker are the fund managers of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl is 1%