Axis Strategic Bond Fund Direct Dividend Quarterly+0.08%

3
11.56%
1 Year Return
Debt
Medium Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Strategic Bond Fund Direct Dividend Quarterly

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.35%
NAV10.81 (18 Sep 2020)
Fund Started01 Jan 2013
Fund Size880 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Strategic Bond Fund Direct Dividend Quarterly
11.6%
5.4%
7.0%
8.9%
Category Average
7.1%
4.5%
2.1%
-
Rank within category
5
17
23
-
*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
    0
    with 11.6% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.2%
    Housing Development Finance Corpn. Ltd.FinancialDebenture6.2%
    REC Ltd.FinancialDebenture6.2%
    Tata Power Co. Ltd.EnergyDebenture5.9%
    L&T Infrastructure Finance Co. Ltd.FinancialNCD5.9%
    GOISovereignGOI Sec5.7%
    REC Ltd.FinancialBonds3.2%
    GOISovereignGOI Sec3.1%
    National Highways Authority of India Ltd.ServicesNCD3.1%
    LIC Housing Finance Ltd.FinancialDebenture3.1%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed
    addAshish Naik
    Education
    Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
    Experience
    Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
    Funds Managed

    Axis Strategic Bond Fund Direct Dividend Quarterly Details

    Axis Strategic Bond Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Devang Shah, Ashish Naik is the Current Fund Manager of Axis Strategic Bond Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹880 Cr and the Latest NAV as of 18 Sep 2020 is ₹10.81.

    The Axis Strategic Bond Fund Direct Dividend Quarterly is rated Moderately High 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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹100
    Min for Second Investment
    Exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months.
    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
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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