Axis Fixed Term Series 119 71 Days Fund Direct Growth
Debt
Direct
Fixed Maturity Ultrashort Bond
NAV as on 09-01-2024
₹ 10
About Axis Fixed Term Series 119 71 Days Fund Direct Growth
Axis Fixed Term Series 119 71 Days Fund Direct Growth is a debt fund. This fund was started on 10 January, 2024. The fund is managed by Sachin Jain. This fund is suitable to keep your money safe.
Key Parameters
- Axis Fixed Term Series 119 71 Days Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
Axis Fixed Term Series 119 71 Days Fund Direct Growth has given a CAGR return of 0.00% since inception.
Holdings
Axis Fixed Term Series 119 71 Days Fund Direct Growth has allocated its funds majorly in . Its top holdings are
Taxation
As it is a fixed maturity ultrashort bond 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 Fixed Term Series 119 71 Days Fund Direct Growth
The Scheme will endeavour to generate returns through a portfolio of debt & money market instruments that are maturing on or before the maturity of the Scheme. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. Axis Fixed Term Series 119 71 Days Fund Direct Growth has no lock in period.
Historical NAV & Returns
Axis Fixed Term Series 119 71 Days Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹0 Cr |
| Inception Date | 10 January, 2024 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Fixed Term Series 119 71 Days Fund Direct Growth | - | - | - | - |
 Nippon India Interval Fund-Monthly Interval Fund-Series-I- Direct Plan - Growth | 5.74% | 5.85% | 4.82% | 6.45% |
Frequently Asked Questions for Axis Fixed Term Series 119 71 Days Fund Direct Growth
Axis Fixed Term Series 119 71 Days Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.