- Mutual Funds
- Axis Mutual Fund
- Axis Gilt Fund (RIDCW-Q)
Formerly Axis Constant Maturity 10 Yr Reg DR
Gilt funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Gilt Funds are mandated to invest a minimum of 80% of their total assets in Government Securities.
Such a strategy results in a very high credit quality of the fund.
Gilt Funds tend to take a large exposure to long dated instruments making them highly volatile when interest rate changes.We do not recommend funds in this category since we believe that the high volatility of the category is not suited for individual investors.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.0683
NAV (Sep 22)
Fund Returns
Last 1Y | 5.9% |
Last 3Y | 4.3% |
Last 5Y | 6.7% |
Last 10Y | 6.1% |
Since Inception | 5.6% |
6 Month CAGR | 3.8% |
Scheme Information
The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.
Expense Ratio | 0.95 |
Launched (11y ago) | Jan 23, 2012 |
AUM in Crores | 212.535 |
ISIN | INF846K01CL9 |
Lock-in | No Lock-in |
Benchmark | NIFTY All Duration G-Sec TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.2 |
Standard Deviation (5yr) | 3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.099 |
Sharpe Ratio (5yr) | 0.522 |
YTM | 7.34 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Gilt Fund (RIDCW-Q) | 8,61,233 | 1,28,621 | 6.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
07.18 goi 2033
28.3%8.51% govt stock 2033
14.4%7.38% govt stock 2027
14.2%7.06% govt stock 2028
14.1%7.26% govt stock 2033
7.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 7.9% | ||
4.7% | 7% | ||
5.9% | 8% | ||
4.8% | 7.5% | ||
6% | 7% |
Axis Gilt Fund (RIDCW-Q) Review
Axis Gilt Fund (RIDCW-Q) is a Gilt Debt fund and has delivered an annualised return of 5.6% over a period of 11 years. The fund was previously known as Axis Constant Maturity 10 Yr Reg DR. The fund is managed by Axis Asset Management Company Limited. The fund managers are Devang Shah, Sachin Jain.
Nav of Axis Gilt Fund (RIDCW-Q) as of 9/22/2023 is ₹10.07 with the total AUM as of 9/23/2023 is ₹212.535. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Gilt Fund (RIDCW-Q) was launched on Jan 23, 2012. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Axis Gilt Fund (RIDCW-Q) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis Gilt Fund (RIDCW-Q) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY All Duration G-Sec TR INR.
Axis Gilt Fund (RIDCW-Q) is rated as a 3 fund in Debt and delivered 5.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Gilt Fund (RIDCW-Q).
Frequently Asked Questions
What is Axis Gilt Fund (RIDCW-Q)?
How to invest in Axis Gilt Fund (RIDCW-Q)?
You can invest in Axis Gilt Fund (RIDCW-Q) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis Gilt Fund (RIDCW-Q)?
The minimum sip amount for Axis Gilt Fund (RIDCW-Q) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Gilt Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, Axis Gilt Fund (RIDCW-Q) is a Neutral fund. You can investAxis Gilt Fund (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Gilt Fund (RIDCW-Q)?
The expense ratio of the Axis Gilt Fund (RIDCW-Q) is 0.95% for regular plan.