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

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

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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)

Return
1M
3M
6M
1Y
3Y
5Y
Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl
1%
1.8%
3.7%
5.1%
6.8%
6.4%
Medium Duration Index
0.9%
1.3%
3.2%
4.2%
5.9%
4.7%

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

Expense ratio
Expense ratio
0.39%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1651 Cr
Inception Date
Inception Date
22 June, 2015
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 as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
65.2%
AA
25.9%
A
8.9%

Sector Allocation

Feb'23

Jan'23

Dec'22

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 & Cash

Debt Holdings65
Holdings
Weight%
Holdings Trend
1M Change
7.38 6/20/2027 12:00:00 Am
7.38 6/20/2027 12:00:00 Am
19.73%
-18.8%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
16.69%
47.9%
JM Financial Credit Solutions Limited
JM Financial Credit Solutions Limited
2.63%
0%
Motherson Sumi Systems Limited
Motherson Sumi Systems Limited
2.4%
0%
Pune Solapur Expressways Pvt. Ltd
Pune Solapur Expressways Pvt. Ltd
2.27%
0%

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

Feb'23
Jan'23
Dec'22
Fund Returns
0.25%
0.56%
0.45%
Medium Duration Index
0.13%
0.34%
0.35%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 1.6K Cr
₹ 1.6K Cr
₹ 1.6K Cr
  • 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%
Motherson Sumi Systems Limited's allocation increased from 0% to 2.43%
Avanse Financial Services Limited's allocation increased from 0% to 2.02%
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%
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 %
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 %
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 %
Bharti Telecom Limited's allocation decreased from 2.18 % to 2.15 %
Cash allocation has gone down from 6.8% to 6.6%
Cash allocation has gone down from 6.8% to 6.6%
Debt allocation has gone up from 93.2% to 93.4%
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%

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

Devang Shah

Devang Shah

Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 5 November 2012
Sachin Jain

Sachin Jain

Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 1 February 2023
Kaustubh Sule

Kaustubh Sule

Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 9 November 2021
Akhil Thakker

Akhil Thakker

Fund Manager of Axis Strategic Bond Fund Direct Half Yearly Reinvst of Inc Dis cum Cap Wdrl, since 1 February 2023

Fund 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 6.64% since inception which is more than its category average return of 4.38%
AUM size ₹1651 Cr

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%

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%
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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%