Axis Gilt Fund Direct Plan Growth Option - Regular - Latest NAV [ ₹21.3834 ], Returns, Performance, Portfolio & Returns 2021

Axis Gilt Fund Direct Plan Growth Option

3 yr CAGR
+6.78%
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Fund overview

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Net Asset Value

21.3834
aum

AUM (Fund size)

149.7 Crore
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Lock-in period

0
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Exit Load

0 % for 0 days
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Expense ratio

0.4%
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Risk

Moderate Risk

Top holdings

HoldingsWeightage
GOVT STOCK27.05%
6.10% Govt Stock 203126.25%
Clearing Corporation Of India Ltd13.74%
6.76% Govt Stock 20619.74%
7.26% Govt Stock 20297.06%
182 DTB 251120216.67%
08.08 MH SDL 20283.61%
182 DTB 021220213.34%
06.84 GJ SDL 20301.67%
Net Receivables / (Payables)0.79%

Calculate returns

Monthly (SIP)
One-Time
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

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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.

Start your investment
Monthly (SIP)
One-Time
Amount
Estimated value after 3 years

(as per historical returns)

2.13 Lakhs
Min investmentment of ₹500 required
risk

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Frequently Asked Questions

What are equity funds?

Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization

What is recommended investment duration?

It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).

What are large cap, mid cap, small cap and multi cap equity funds?

SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.

What are ELSS funds?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.

What are Balanced/ Hybrid funds?

Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.

What are annualized returns?

The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.

Should I choose Monthly SIP or One time investment?

An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline

Is KYC necessary for ClearTax?

KYC is necessary for all fund houses. If you are investing through ClearTax, you need to do your KYC just once. The same KYC will be used for all further investments.

How to do KYC on ClearTax?

KYC verification through ClearTax is a very simple process. You can verify by: Using OTP sent to your Aadhaar-registered mobile number OR By uploading photos/scans of the required documents

Will the NAV be alloted on the same day as the date of payment?

Once the payment is successful and the KYC is complete, the NAV allocation is expected to be done by the next working day of the date of payment. In case of bank and trading market holidays, delay in allocation is expected from the Fund Houses

How much time will it take to get the folio number after the payment?

It takes 2-3 working days to get the folio number once we receive the payment and transaction is processed to the respective Fund House.

What are short terms funds?

Short term funds are mainly those funds which invest in instruments with short maturities, ranging from 1-3 years. These are ideal for conservative investors as they are not majorly affected by interest rate movement.

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

What are Bluechip funds?

Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.