Debt
Direct
Medium Duration
NAV as on 05-09-2024
₹ 28.51
Inception Returns
8.6%
/yr
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.
Axis Strategic Bond Fund Direct Growth has given a CAGR return of 8.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.98%, 6.84% and 7.79% respectively.
Axis Strategic Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.23% Govt Stock 2039, Nirma Limited, 7.18% Govt Stock 2037, Aadhar Housing Finance Ltd. 8.65%
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: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.
To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.
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.
Expense ratio | 0.42% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹1944 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 269.27% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Corporate, Government & Securitize
Axis Strategic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 4.55% | 4.55% |
1 Year Returns | 8.98% | 8.98% |
3 Years Returns | 21.96% | 6.84% |
5 Years Returns | 45.54% | 7.79% |
AAA | 58.16 |
AA | 32.34 |
A | 9.5 |