Fund Details
Axis Strategic Bond Fund Dividend Half Yearly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 1.06% |
| NAV | ₹11.04 (27 Nov 2020) |
|---|---|
| Fund Started | 30 Mar 2012 |
| Fund Size | ₹943 Cr |
Returns
as per Historical Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
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
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. 1Y Returns are lower than the benchmark
6. 3Y Returns are lower than the benchmark
7. 5Y Returns are lower than the benchmark
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.29%
11. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 6.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.3% |
| Tata Power Co. Ltd. | Energy | Debenture | 6.1% |
| L&T Infrastructure Finance Co. Ltd. | Financial | NCD | 6.1% |
| GOI | Sovereign | GOI Sec | 6.1% |
| Andhra Pradesh State | Others | SDL | 6.0% |
| GOI | Sovereign | GOI Sec | 5.9% |
| Uttar Pradesh State | Others | SDL | 3.4% |
| REC Ltd. | Financial | Bonds | 3.2% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 3.1% |
Fund Managers
Axis Strategic Bond Fund Dividend Half Yearly Details
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 ₹943 Cr and the Latest NAV as of 27 Nov 2020 is ₹11.04.
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.
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.
