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 . This fund is suitable to keep your money safe.

1. 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.
2. The fund has an expense ratio 0.
   

Axis Fixed Term Series 119 71 Days Fund Direct Growth has given a CAGR return of 0.00% since inception.

Axis Fixed Term Series 119 71 Days Fund Direct Growth has allocated its funds majorly in . Its top holdings are

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.

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 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.