Fund Details
Axis Strategic Bond Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.35% |
| NAV | ₹22.21 (25 Nov 2020) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹943 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.35%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 8.9% |
| GOI | Sovereign | GOI Sec | 5.8% |
| REC Ltd. | Financial | NCD | 4.6% |
| Embassy Office Parks REIT | Construction | NCD | 3.5% |
| State Bank of India | Financial | Debenture | 3.2% |
| India Grid Trust | Engineering | Debenture | 3.1% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 3.0% |
| Punjab National Bank | Financial | Debenture | 2.7% |
| NUVOCO Vistas Corp Ltd. | Construction | Debenture | 2.7% |
| JK Cement Ltd | Construction | Debenture | 2.7% |
Fund Managers
Axis Strategic Bond Fund Direct Growth Details
Axis Strategic Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Devang Shah is the Current Fund Manager of Axis Strategic Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹943 Cr and the Latest NAV as of 25 Nov 2020 is ₹22.21.
The Axis Strategic Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months.
Investment Objective
The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
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.
