Axis Gilt Fund Direct Plan Growth Option

About Axis Gilt Fund

Axis Gilt Fund is an open-ended GILT fund, which primarily invests in government securities. It aims to generate credit-free returns by allocating funds in sovereign securities offered by the Central Government and/or state governments. Investors can easily access the GILT market through the fund. They are recommended to ideally stay invested in the fund over a period of three years or more.

Pros and Cons of Axis Gilt Fund

Axis Gilt fund has the ability to prevent losses during the market downtime, i.e. the fund is less volatile. It consistently endeavours to generate superior returns, risk-adjusted returns while at it. There is no default risk involved as the fund is backed by sovereign guarantee. In addition, the applicable exit load is zero. However, the fund is not suitable for those investors with high risk, high returns appetite.

Fund Information and Statistics

i) Inception/Launch Date Axis Gilt Fund was incepted on 1 January 2013.

ii) Risk Level The risk level associated with investing in Axis Gilt Fund is moderate. The fund offers risk-free returns over medium to long term. It invests mainly in government securities across various maturities.

iii) Redemption Since there is no lock-in period associated with the fund, you can redeem fund units at any time. Nil exit load makes it more favourable and less expensive for investors to redeem.

iv) Fund Manager Mr Devang Shah is the current Fund Manager for Axis Gilt Fund.

v) Entry/Exit Load As per the norms of SEBI, entry load is not chargeable for mutual funds effective from August 2009. In addition, the fund does not charge an exit load when the units are redeemed or switched-out.

About Axis Mutual Fund

Axis Mutual Fund, a fast growing asset management company (AMC), was incorporated on 13 January 2009. Further, the asset management company registered with SEBI on 4 September 2009. The sponsor for the AMC is Axis Bank Limited whereas, Axis Mutual Fund Trustee limited is the trustee company.