Axis Gilt Fund Direct Plan Growth-0.04%

2Groww
16.08%
1 Year Return
Debt
Gilt
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Gilt Fund Direct Plan Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.20%
NAV17.9 (23 Aug 2019)
Fund Started01 Jan 2013
Fund Size42 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Gilt Fund Direct Plan Growth
16.1%
7.8%
9.5%
8.1%
Category Average
14.4%
7.6%
9.8%
-
Rank within category
8
17
21
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 16.1% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec72.0%
    Haryana StateOthersSDL12.4%
    GOISovereignGOI Sec12.3%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with Deutsche Asset Management (India) Pvt. Ltd. and n Pricewaterhouse Coopers.
    Funds Managed

    Other Details

    Axis Gilt Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Devang Shah is the Current Fund Manager of Axis Gilt Fund Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹42 Cr and the Latest NAV as of 23 Aug 2019 is ₹17.9.

    The Axis Gilt Fund Direct Plan Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by Central Government and/or State Government.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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