Axis Strategic Bond Fund Direct Growth
Debt
Direct
Medium Duration
NAV as on 05-09-2024
₹ 28.51
Inception Returns
8.6%
/yr
About the Fund
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
- Axis Strategic Bond Fund Direct Growth has ₹1944 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
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.
Holdings
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%
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: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 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.
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.9K Cr as of Jul'24
- AUM increased by 2.7 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Corporate, Government & Securitize
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 15.82% | 45.9% | |
7.23% Govt Stock 2039 | 7.39% | 0% | |
Nirma Limited | 3.11% | 0% | |
7.18% Govt Stock 2037 | 2.94% | 0% | |
Aadhar Housing Finance Ltd. 8.65% | 2.85% | 0% |
Mutual Fund Insights
Axis Strategic Bond Fund Direct Growth Highlights
Moderately High risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.42%
Frequently Asked Questions
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% |
- 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.
AAA | 58.16 |
AA | 32.34 |
A | 9.5 |