Axis Strategic Bond Fund Direct Growth

Axis Strategic Bond Fund Direct Growth

NAV as on 22-04-2025

₹ 30.45

0.2%

1D

Inception Returns

8.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
171 people have invested ₹ 16.5L in Axis Strategic Bond Fund Direct Growth in the last three months

About Axis Strategic Bond Fund Direct Growth

Axis Strategic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devang Shah, Sachin Jain. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Strategic Bond Fund Direct Growth has ₹1914 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Axis Strategic Bond Fund Direct Growth has given a CAGR return of 8.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.89%, 8.39% and 7.91% respectively.

Holdings

Axis Strategic Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, LIC Housing Finance Ltd. 7.58%, Nirma Limited, Vedanta Limited, 7.18% Govt Stock 2033

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Strategic Bond Fund Direct Growth

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 Growth has no lock in period.

Axis Strategic Bond Fund Direct Growth Overview

Expense ratio0.53%
Benchmark
Nifty Medium Duration Debt Index TR INR
AUM₹1914 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
269.27%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (22-Apr-25)

Period
Axis Strategic Bond Fund Direct Growth
Medium Duration Index
1M
1.9%
1.2%
3M
3.5%
2.7%
6M
5.5%
4.3%
1Y
10.9%
9.3%
3Y
8.4%
7.5%
5Y
7.9%
7.1%

Fund Distribution

as on (31-Mar-25)

  • Equity 0.4%

  • Debt & Cash 99.4%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
100%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.9K Cr
₹ 2K Cr
₹ 2K Cr
  • AUM of the fund stands at 1.9K Cr as of Mar'25
  • AUM decreased by 88.1 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Indostar Capital Finance Limited's allocation increased from 1.01% to 2.02%
Indostar Capital Finance Limited's allocation increased from 1.01% to 2.02%
Top Stocks sold last month
India Grid TRust's allocation decreased from 5.26 % to 0.99 %
India Grid TRust's allocation decreased from 5.26 % to 0.99 %
Veritas Finance Private Limited's allocation decreased from 5.26 % to 0.25 %
Veritas Finance Private Limited's allocation decreased from 5.26 % to 0.25 %
Punjab National Bank's allocation decreased from 5.26 % to 0.15 %
Punjab National Bank's allocation decreased from 5.26 % to 0.15 %
Cash allocation has gone up from 4.7% to 7.9%
Cash allocation has gone up from 4.7% to 7.9%
Debt allocation has gone down from 94.6% to 91.4%
Debt allocation has gone down from 94.6% to 91.4%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
100%
Corporate
58%
Government
34%
Feb'25
Financial Services
100%
Corporate
53%
Government
43%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Capital Infra Trust InvITs
Capital Infra Trust InvITs
0.38%
0%
Indus Infra Trust Unit
Indus Infra Trust Unit
0.01%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Strategic Bond Fund Direct Growth
Axis Strategic Bond Fund Direct Growth
10.89%
8.39%
7.91%
8.74%
HSBC Medium Duration Fund Direct Growth
HSBC Medium Duration Fund Direct Growth
10.81%
7.99%
7.53%
8.06%
Nippon India Strategic Debt Fund Direct Plan Growth Option
Nippon India Strategic Debt Fund Direct Plan Growth Option
10.64%
7.5%
8.34%
4.8%
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
10.53%
8.19%
7.97%
8.6%
Loading...
We are taking more time than usual
Devang Shah
Devang Shah
Fund Manager of Axis Strategic Bond Fund Direct Growth, since 5 November 2012
Top funds managed
Sachin Jain
Sachin Jain
Fund Manager of Axis Strategic Bond Fund Direct Growth, since 1 February 2023
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Money Market Fund Direct Growth
7.33%
6.64%
Axis Overnight Fund Direct Growth
6.38%
--
Axis Liquid Fund Direct Plan Growth Option
6.93%
6.37%
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.08L Cr
as on 31-Mar-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
Over the last 1 month, this fund has experienced a 4.4% drop in AUM moving from 1.98K Cr to 1.89K Cr.
Insights icon
In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 15.5% return, outperforming this fund by 4.61%.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 17.8% moving from 0.45 to 0.53.
Insights icon
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.53% which is lower than the category average expense ratio of 1.04%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 15.08% return, outperforming this fund by 6.69% per annum.
Insights icon
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.23% return, outperforming this fund by 5.33% per annum.

Axis Strategic Bond Fund Direct Growth 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 8.74% since inception which is more than its category average return of 6.48%
Fund Allocations

Fund Allocations

This fund has an allocation of 0.37% in Equity, 92.57% in Debt and 6.78% in Cash related instruments
AUM size ₹1914 Cr

AUM size ₹1914 Cr

This fund has AUM of ₹1914 Cr which is more than its category average of ₹ 1600 Cr
Expense Ratio 0.53%

Expense Ratio 0.53%

This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 1.07%

Frequently Asked Questions for Axis Strategic Bond Fund Direct Growth

The current NAV of Axis Strategic Bond Fund Direct Growth is ₹30.45 as on 22-Apr-2025.
Existing (Absolute + CAGR) as on 22-Apr-2025.
Axis Strategic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.89%
1.89%
6 Month Returns
5.53%
5.53%
1 Year Returns
10.89%
10.89%
3 Years Returns
27.34%
8.39%
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.
0.53% as on March 2025
₹1914 Cr as on March 2025
7.1% Govt Stock 2034(14.74%), LIC Housing Finance Ltd. 7.58%(3.19%), Nirma Limited(3.18%), Vedanta Limited(3.17%), 7.18% Govt Stock 2033(3.06%) as on March 2025
Corporate(58.21%), Government(34.62%), Cash Equivalent(6.8%) as on March 2025
Yield to Maturity is 8.03 as on March 2025. 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 3.43 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
46.7
AA
42.45
A
10.85
Devang Shah, Sachin Jain are the fund managers of Axis Strategic Bond Fund Direct Growth
The Exit load of Axis Strategic Bond Fund Direct Growth is 1%