| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.06% |
| NAV | ₹11.06 (18 Sep 2020) |
|---|---|
| Fund Started | 30 Mar 2012 |
| Fund Size | ₹880 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.2% |
| REC Ltd. | Financial | Debenture | 6.2% |
| Tata Power Co. Ltd. | Energy | Debenture | 5.9% |
| L&T Infrastructure Finance Co. Ltd. | Financial | NCD | 5.9% |
| GOI | Sovereign | GOI Sec | 5.7% |
| REC Ltd. | Financial | Bonds | 3.2% |
| GOI | Sovereign | GOI Sec | 3.1% |
| National Highways Authority of India Ltd. | Services | NCD | 3.1% |
| LIC Housing Finance Ltd. | Financial | Debenture | 3.1% |
Axis Strategic Bond Fund Dividend Half Yearly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 30 Mar 2012. Devang Shah, Ashish Naik is the Current Fund Manager of Axis Strategic Bond Fund Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹880 Cr and the Latest NAV as of 18 Sep 2020 is ₹11.06.
The Axis Strategic Bond Fund Dividend Half Yearly 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.
The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.