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Axis Strategic Bond Fund Direct Growth
DebtMedium DurationModerately High risk
Direct
NAV (21-Nov-24)
₹29.000.01%1D
Returns (Since Inception)
8.61%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,923 Cr
Expense Ratio
0.45%
ISIN
INF846K01DT0
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Axis Strategic Bond Fund Direct Growth is a Medium Duration mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹29.00, Assets Under Management (AUM) of 1923.32 Crores, and an expense ratio of 0.45%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹29.00, Assets Under Management (AUM) of 1923.32 Crores, and an expense ratio of 0.45%.
- Axis Strategic Bond Fund Direct Growth has given a CAGR return of 8.61% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 89.18% in debts, and 10.56% in cash & cash equivalents.
- You can start investing in Axis Strategic Bond Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
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.
1 Year
+9.53%
+7.90% (Cat Avg.)
3 Years
+7.11%
+6.02% (Cat Avg.)
5 Years
+7.77%
+5.87% (Cat Avg.)
10 Years
+8.46%
+6.20% (Cat Avg.)
Since Inception
+8.61%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹1,715.19 Cr | 89.18% |
| Others | ₹208.13 Cr | 10.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹188.56 Cr | 9.80% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹112.78 Cr | 5.86% |
| India (Republic of) 6.92% | Bond - Gov't/Treasury | ₹99.96 Cr | 5.20% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹98.76 Cr | 5.14% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹88.39 Cr | 4.60% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹87.08 Cr | 4.53% |
| Nirma Limited | Bond - Corporate Bond | ₹60.6 Cr | 3.15% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹57.18 Cr | 2.97% |
| Aadhar Housing Finance Ltd. 8.65% | Bond - Corporate Bond | ₹55.49 Cr | 2.89% |
| DLF Cyber City Developers Ltd. 8.4% | Bond - Corporate Bond | ₹55.33 Cr | 2.88% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-54.99 Cr | 2.86% |
| Rajasthan (Government of ) 7.52% | Bond - Sub-sovereign Government Debt | ₹51.86 Cr | 2.70% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹48.53 Cr | 2.52% |
| Tata Projects Limited | Bond - Corporate Bond | ₹46.25 Cr | 2.40% |
| Century Textiles And Industried Limited | Bond - Corporate Bond | ₹44.93 Cr | 2.34% |
| Aditya Birla Digital Fashion Ventures Limited | Bond - Corporate Bond | ₹40.16 Cr | 2.09% |
| Dlf Home Developers Limited 8.5% | Bond - Corporate Bond | ₹40.05 Cr | 2.08% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹40 Cr | 2.08% |
| Renserv Global Pvt Ltd. 10.18% | Bond - Corporate Bond | ₹39.97 Cr | 2.08% |
| Vistaar Financial Services Private Limited | Bond - Corporate Bond | ₹39.81 Cr | 2.07% |
| Profectus Capital Private Limited | Bond - Corporate Bond | ₹39.1 Cr | 2.03% |
| Aditya Birla Renewables Limited | Bond - Corporate Bond | ₹35.07 Cr | 1.82% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹35.04 Cr | 1.82% |
| Tyger Capital Private Limited | Bond - Corporate Bond | ₹33.88 Cr | 1.76% |
| 07.78 Bihar Gs 2031 | Bond - Gov't/Treasury | ₹31.11 Cr | 1.62% |
| Spandana Sphoorty Financial Ltd. 10.75% | Bond - Corporate Bond | ₹30.77 Cr | 1.60% |
| Summit Digitel Infrastructure Limited 8.06% | Bond - Corporate Bond | ₹30.58 Cr | 1.59% |
| Magma Housing Finance Limited | Bond - Corporate Bond | ₹25.5 Cr | 1.33% |
| Jm Financial Credit Solutions Limited 9.3% | Bond - Corporate Bond | ₹25.27 Cr | 1.31% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹25.25 Cr | 1.31% |
| Torrent Power Limited | Bond - Corporate Bond | ₹25.23 Cr | 1.31% |
| Creditaccess Grameen Limited | Bond - Corporate Bond | ₹25.07 Cr | 1.30% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹25.03 Cr | 1.30% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹24.98 Cr | 1.30% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹24.97 Cr | 1.30% |
| Grameen Koota Financial Services Private Limited | Bond - Corporate Bond | ₹24 Cr | 1.25% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹21.25 Cr | 1.11% |
| Ess KAy Auto Finance Private Limited | Bond - Corporate Bond | ₹19.99 Cr | 1.04% |
| India Grid TRust | Bond - Corporate Bond | ₹19.68 Cr | 1.02% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹18.04 Cr | 0.94% |
| India (Republic of) 7.4% | Bond - Gov't/Treasury | ₹16.53 Cr | 0.86% |
| Infopark Properties Ltd. | Bond - Corporate Bond | ₹15.05 Cr | 0.78% |
| Nexus Select Trust | Bond - Corporate Bond | ₹15.05 Cr | 0.78% |
| TVS Holdings Limited | Bond - Corporate Bond | ₹15.04 Cr | 0.78% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹15.04 Cr | 0.78% |
| VAJRA 003 TRUST | Bond - Asset Backed | ₹14.33 Cr | 0.75% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹9.84 Cr | 0.51% |
| State Bank Of India | Bond - Corporate Bond | ₹9.83 Cr | 0.51% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹5.07 Cr | 0.26% |
| Veritas Finance Private Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.26% |
| SK Finance Limited | Bond - Corporate Bond | ₹3.32 Cr | 0.17% |
| 7.57% Govt Stock 2033 | Bond - Gov't/Treasury | ₹3.13 Cr | 0.16% |
| Punjab National Bank | Bond - Corporate Bond | ₹2.97 Cr | 0.15% |
| Kogta Financial (India) Limited | Bond - Corporate Bond | ₹2.5 Cr | 0.13% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹2.04 Cr | 0.11% |
| Karnataka (Government of) 7.46% | Bond - Sub-sovereign Government Debt | ₹1.88 Cr | 0.10% |
| 7.88% Govt Stock 2030 | Bond - Gov't/Treasury | ₹1.57 Cr | 0.08% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹1.26 Cr | 0.07% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹1.01 Cr | 0.05% |
| Rec Limited | Bond - Corporate Bond | ₹0.59 Cr | 0.03% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹0.51 Cr | 0.03% |
| 7.26% Govt Stock 2029 | Bond - Gov't/Treasury | ₹0.5 Cr | 0.03% |
| 5.79% Govt Stock 2030 | Bond - Gov't/Treasury | ₹0.47 Cr | 0.02% |
| 8.6% Govt Stock 2028 | Bond - Gov't/Treasury | ₹0.44 Cr | 0.02% |
| Interest Rate Swaps Pay Floating Receive Fix -Idfc Bank (17/10/2029) (Fv 25 | Interest Rate Swap | ₹-0.2 Cr | 0.01% |
| Interest Rate Swaps Pay Floating Receive Fix -Icisecpd (16/10/2029) (Fv 250 | Interest Rate Swap | ₹-0.16 Cr | 0.01% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹0.1 Cr | 0.01% |
| 8.15% Govt Stock 2026 | Bond - Gov't/Treasury | ₹0.1 Cr | 0.01% |
| 7.59% Govt Stock 2029 | Bond - Gov't/Treasury | ₹0.04 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Nomura (06/11/2029) (Fv 2500 | Interest Rate Swap | ₹-0.04 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹1,094.14 Cr | 56.89% |
| Bond - Gov't/Treasury | ₹622.87 Cr | 32.39% |
| Cash - Repurchase Agreement | ₹188.56 Cr | 9.80% |
| Cash - Collateral | ₹-54.99 Cr | 2.86% |
| Bond - Sub-sovereign Government Debt | ₹53.75 Cr | 2.79% |
| Bond - Asset Backed | ₹14.33 Cr | 0.75% |
| Mutual Fund - Open End | ₹5.07 Cr | 0.26% |
| Interest Rate Swap | ₹-0.4 Cr | 0.02% |
Risk & Performance Ratios
Standard Deviation
This fund
1.34%
Cat. avg.
2.36%
Lower the better
Sharpe Ratio
This fund
0.79
Cat. avg.
-0.22
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.14
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th November 2024
ISIN INF846K01DT0 | Expense Ratio 0.45% | Exit Load 1.00% | Fund Size ₹1,923 Cr | Age 11 years 10 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty Medium Duration Debt Index TR INR |
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:
Dividend Taxation:
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 Medium Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty AAA Bond Plus SDL Apr 2026 70:30 ETF Moderate Risk | - | - | - | - |
| Axis Strategic Bond Fund Regular Growth Moderately High risk | 1.1% | 1.0% | ₹1923.32 Cr | 8.8% |
| Invesco India Medium Duration Fund Direct Growth Moderate Risk | 0.4% | 0.0% | ₹227.80 Cr | 8.8% |
| Invesco India Medium Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹227.80 Cr | 8.1% |
| Baroda BNP Paribas Medium Duration Fund Regular Growth Moderate Risk | 1.0% | 1.0% | ₹28.33 Cr | 7.4% |
| Baroda BNP Paribas Medium Duration Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹28.33 Cr | 7.7% |
| HDFC Medium Term Debt Fund Regular Growth Moderately High risk | 1.3% | 0.0% | ₹3984.88 Cr | 8.2% |
| Bandhan Bond Fund - Medium Term Plan Regular Growth Moderate Risk | 1.3% | 0.0% | ₹1492.28 Cr | 8.0% |
| ICICI Prudential Medium Term Bond Fund Regular Growth Moderately High risk | 1.4% | 1.0% | ₹5916.53 Cr | 8.2% |
| Sundaram Medium Term Bond Fund Regular Growth Moderate Risk | 2.2% | 1.0% | ₹44.19 Cr | 6.5% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,29,913 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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Still got questions?
We're here to help.
What is the current NAV of Axis Strategic Bond Fund Direct Growth?
The NAV of Axis Strategic Bond Fund Direct Growth, as of 21-Nov-2024, is ₹29.00.
What are the returns of Axis Strategic Bond Fund Direct Growth?
The fund has generated 9.53% over the last 1 year and 7.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Strategic Bond Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 89.18% in bonds, and 10.56% in cash and cash equivalents.
Who manages the Axis Strategic Bond Fund Direct Growth?
The fund managers responsible for Axis Strategic Bond Fund Direct Growth are:-
- Devang Shah
- Sachin Jain
- Akhil Thakker
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.