1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.
We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.03 | -0.02 | -0.03 | 0.34 | 1.85 | 4.04 | 9.89 | 7.94 | 8.56 | 9.02 | -- |
VR Bond | 0.09 | -0.03 | 0.06 | 0.30 | 1.29 | 1.73 | 7.27 | 7.27 | 7.17 | 7.64 | -- |
Debt: Medium Duration | -0.12 | -0.04 | -0.04 | 0.11 | 1.31 | 3.12 | 6.84 | 6.27 | 7.13 | 7.78 | -- |
Rank within category | 6 | 16 | 16 | 3 | 2 | 7 | 6 | 6 | 2 | 1 | -- |
Number of funds in category | 22 | 22 | 22 | 22 | 21 | 18 | 18 | 14 | 14 | 9 | 7 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Axis Strategic Bond Fund | Mar-12 | 9.89 | 7.94 | 8.56 | 1.06 | 1,097 | |
SBI Magnum Medium Duration Fund | Invest Online | Nov-03 | 11.40 | 9.62 | 10.00 | 1.26 | 6,887 | |
ICICI Prudential Medium Term Bond Fund | Invest Now | Sep-04 | 9.71 | 8.13 | 8.18 | 1.71 | 6,207 | |
IDFC Bond Fund Medium Term Plan - Regular Plan | Jul-03 | 9.97 | 8.55 | 8.06 | 1.44 | 4,228 | |
HDFC Medium Term Debt Fund | Invest Online | Feb-02 | 9.28 | 8.13 | 8.24 | 1.34 | 2,619 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 3.74 (19-Aug-2013 - 26-Aug-2013) | -3.23 (12-Aug-2013 - 19-Aug-2013) |
Month | 4.39 (20-Aug-2013 - 19-Sep-2013) | -4.38 (19-Jul-2013 - 19-Aug-2013) |
Quarter | 6.76 (12-Sep-2014 - 12-Dec-2014) | -7.31 (20-May-2013 - 19-Aug-2013) |
Year | 16.61 (31-Jan-2014 - 02-Feb-2015) | 2.56 (20-May-2013 - 20-May-2014) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 7.81 | 2.55 | 1.19 | 1.36 | 0.51 | 1.84 |
VR Bond | 7.10 | 2.02 | 1.15 | 1.94 | -- | -- |
Debt: Medium Duration | 5.38 | 4.57 | 0.58 | 1.08 | 0.58 | -0.73 |
Rank within category | 6 | 5 | 5 | 6 | 5 | 2 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 68 | 81 | 59 | 37 |
Modified Duration (yrs) | 3.10 | 3.40 | 2.90 | 3.15 |
Average Maturity (yrs) | 4.40 | 5.50 | 4.00 | 3.86 |
Yield to Maturity (%) | 6.99 | 9.32 | 6.77 | 6.14 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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5.77% GOI 2030 | GOI Securities | SOV | 0.00 - 12.17 | 4.92 |
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6.24% State Bank of India 21/09/2030 | Non Convertible Debenture | AAA | 0.00 - 4.98 | 4.66 |
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8.30% REC 25/06/2029 | Non Convertible Debenture | AAA | 3.97 - 5.11 | 3.97 |
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5.85% GOI 2030 | GOI Securities | SOV | 0.00 - 3.42 | 3.19 |
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Embassy Office Parks REIT 2022 | Non Convertible Debenture | AAA | 3.05 - 4.25 | 3.05 |
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7.74% State Bank of India | Debenture | AA+ | 0.00 - 4.51 | 2.81 |
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7.27% G R Infra Projects 2025 | Debenture | AA | 0.00 - 2.73 | 2.73 |
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9.10% India Grid Trust 2022 | Debenture | AAA | 2.25 - 3.41 | 2.66 |
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8.85% Power Finance Corp. 25/05/2029 | Bonds/NCDs | AAA | 2.14 - 3.30 | 2.57 |
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7.17% GOI 2028 | GOI Securities | SOV | 0.00 - 2.47 | 2.47 |
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6.40% National Bank Agr. Rur. Devp 31/07/2023 | Non Convertible Debenture | AAA | 0.00 - 2.38 | 2.38 |
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8.41% Pune Solapur Expressways 30/03/2029 | Debenture | AA | 0.00 - 2.49 | 2.33 |
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7.25% Punjab National Bank 14/10/2030 | Debenture | AA+ | 0.00 - 2.69 | 2.32 |
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7.36% JK Cement 23/07/2024 | Debenture | AA | 0.00 - 2.90 | 2.29 |
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8.44% Indian Bank | Debenture | AA | 0.00 - 1.83 | 2.29 |
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7.25% NUVOCO Vistas Corp. 25/09/2023 | Debenture | AA | 0.00 - 2.82 | 2.28 |
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9.47% Shriram Transport Finance 2021 | Non Convertible Debenture | AA+ | 0.00 - 2.89 | 2.28 |
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Indostar Capital Finance 15/03/2021 | Non Convertible Debenture | AA- | 1.92 - 2.92 | 2.27 |
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9.50% Nirma | Non Convertible Debenture | AA- | 1.97 - 4.09 | 2.23 |
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Tata Power 21/08/2072 | Debenture | AA | 0.00 - 2.36 | 2.19 |
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8.50% Bank of Baroda | Bonds | AA | 0.24 - 2.70 | 2.16 |
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7.27% GOI 2026 | GOI Securities | SOV | 0.00 - 6.39 | 1.99 |
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First Business Receivable Trust | Securitised Debt | AAA | 0.33 - 1.89 | 1.96 |
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7.26% GOI 14/01/2029 | GOI Securities | SOV | 0.06 - 9.44 | 1.92 |
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8.28% Oriental Nagpur Betul Highway 30/03/2024 | Debenture | AAA | 1.57 - 2.33 | 1.90 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Devang Shah since 05-Nov-2012
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Interviews:
Funds Managed:
— Dhaval Patel since 01-Jun-2018
Education: Mr. Patel has done IBS from Hyderabad
Experience: Prior to joining Axis Mutual Fund he has worked with Credit Analysis & Research Ltd.
Funds Managed:
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The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 100 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | 1 |
Exit Load | For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
Fund House: | Axis Mutual Fund |
Launch Date: | 28-Mar-2012 |
Return Since Launch: | 8.77% |
Benchmark: | NIFTY Medium Duration |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 1,097 Cr (As on 31-Dec-2020) |
Expense: | 1.06% (As on 31-Dec-2020) |
Risk Grade: | Below Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Quarterly | 28-Dec-2020 | 0.2500 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Half Yearly | 25-Sep-2020 | 0.3000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Email: [email protected] / [email protected]
Website: http://www.axismf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com