Other Funds in the same category are generating better returns
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Total holdings with red flags is insignificant
Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
0.42 | 8.08 | 4.40 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
1.01 | 7.63 | 3.52 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
IDCW | 0 yrs | 1.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 100 |
BenchmarkBenchmark |
---|
— |
Medium duration funds are debt funds. They invest in debt and money market securities for the macaulay duration between 3 to 4 years. They have lower maturity than medium to long duration funds and long duration funds.
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
Axis Strategic Bond Fund(H-IDCW) | 1.60% | -0.11% | 0.82% |
ICICI Pru Medium Term Bond Fund(Q-IDCW Payout) | 1.31% | 0.74% | 0.71% |
SBI Magnum Medium Duration Fund(IDCW-Payout) | 8.15% | 6.31% | 6.11% |
HDFC Medium Term Debt Fund(FN-IDCW Reinv) | -0.06% | -0.01% | -0.41% |
Actual
Target
Dec 2023
Mar 2024
Jun 2024
Jul 2024
Dec 2023
Mar 2024
Jun 2024
Jul 2024
Dec 2023
Mar 2024
Jun 2024
Jul 2024
Debt
Others
Holdings
15.78 %
Holdings
6.31 %
Holdings
3.10 %
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
No.of Schemes
65
Total AUM
₹ 2,99,432.13 Cr.
Devang Shah
AUM: ₹71,735.33 Cr.
|
Exp: 9yrs
Akhil Thakker
AUM: ₹2,382.51 Cr.
|
Exp: —
Sachin Jain
AUM: ₹61,416.70 Cr.
|
Exp: —
Manager Performance (0)
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
With changes introduced in budget 2023, gains are added to taxable income and taxed according to the individual's income tax slab
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
Invested
₹—
+Returns (0%)
₹—
-₹—
You make
₹—
Returns
Other Funds in the same category are generating better returns