Direct
NAV (05-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹21 Cr
Expense Ratio
0.20%
ISIN
INF846K019V1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
21 Mar 2024
About this fund
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹10.46, Assets Under Management (AUM) of 21.18 Crores, and an expense ratio of 0.2%.
- Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth has given a CAGR return of 4.62% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 95.64% in debts, and 4.36% in cash & cash equivalents.
- You can start investing in Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+4.62%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹20.26 Cr | 95.64% |
| Others | ₹0.92 Cr | 4.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 07.72 MH Sdl 2034 | Bond - Gov't/Treasury | ₹15.51 Cr | 72.48% |
| Tamil Nadu (Government of) 7.42% | Bond - Sub-sovereign Government Debt | ₹3.8 Cr | 17.77% |
| 07.44 Tn SDL 2034 | Bond - Gov't/Treasury | ₹0.63 Cr | 2.96% |
| Net Receivables / (Payables) | Cash - Collateral | ₹0.53 Cr | 2.49% |
| 07.90 AP Sdl 2034 | Bond - Gov't/Treasury | ₹0.52 Cr | 2.44% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹0.4 Cr | 1.86% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Gov't/Treasury | ₹16.66 Cr | 77.88% |
| Bond - Sub-sovereign Government Debt | ₹3.8 Cr | 17.77% |
| Cash - Collateral | ₹0.53 Cr | 2.49% |
| Cash - Repurchase Agreement | ₹0.4 Cr | 1.86% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Hardik Shah
Since March 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF846K019V1 | Expense Ratio | 0.20% | Exit Load | No Charges | Fund Size | ₹21 Cr | Age | 21 Mar 2024 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL IBX SDL Index - June 2034 |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds - Fixed Income Funds
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth?
What is the portfolio composition of Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth?
Who manages the Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth?
- Hardik Shah
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.