- Mutual Funds
- Axis Mutual Fund
- Axis Strategic Bond Fund Pyt (PIDCW-6M)
Formerly Axis Regular Savings HY DP
Axis Strategic Bond Fund Pyt (PIDCW-6M)
₹ 10.3143
NAV (Apr 18)
Medium Duration Funds invest in debt and money market instruments such that the duration of the portfolio is between 3 to 4 years.This exposes them to higher variation when interest rates change.
This is a small category (less than 2% of the total debt fund assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category because of the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.3143
NAV (Apr 18)
Fund Returns
Last 1Y | 7.1% |
Last 3Y | 5.8% |
Last 5Y | 6.3% |
Last 10Y | 6.6% |
Since Inception | 6.6% |
6 Month CAGR | 4.2% |
Scheme Information
To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.
Expense Ratio | 1.09 |
Launched (12y ago) | Mar 28, 2012 |
AUM in Crores | 1985.481 |
ISIN | INF846K01BR8 |
Lock-in | No Lock-in |
Benchmark | Nifty Medium Duration Debt Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.3 |
Standard Deviation (5yr) | 2.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.358 |
Sharpe Ratio (5yr) | 0.497 |
YTM | 8.31 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Strategic Bond Fund Pyt (PIDCW-6M) | 8,52,757 | 1,20,145 | 6.3% | |
| 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
7.18% govt stock 2037
10.7%7.26% govt stock 2033
10.6%nirma limited
3%aadhar housing finance ltd. 8.65%
2.8%dlf cyber city developers limited 8.4%
2.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5% | 7.9% | ||
5.5% | 7% | ||
5.8% | 7% | ||
5.9% | 8% | ||
- | 4.9% |
Axis Strategic Bond Fund Pyt (PIDCW-6M) Review
Axis Strategic Bond Fund Pyt (PIDCW-6M) is a Medium Term Debt fund and has delivered an annualised return of 6.6% over a period of 12 years. The fund was previously known as Axis Regular Savings HY DP. The fund is managed by Axis Asset Management Company Limited. The fund managers are Akhil Thakker, Devang Shah, Sachin Jain.
Nav of Axis Strategic Bond Fund Pyt (PIDCW-6M) as of 4/18/2024 is ₹10.31 with the total AUM as of 4/19/2024 is ₹1985.481. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Strategic Bond Fund Pyt (PIDCW-6M) was launched on Mar 28, 2012. The category risk of the fund is Moderately High risk.
The minimum SIP amount for Axis Strategic Bond Fund Pyt (PIDCW-6M) 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 Strategic Bond Fund Pyt (PIDCW-6M) 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 Medium Duration Debt Index TR INR.
Axis Strategic Bond Fund Pyt (PIDCW-6M) is rated as a 4 fund in Debt and delivered 7.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Strategic Bond Fund Pyt (PIDCW-6M).
Frequently Asked Questions
What is Axis Strategic Bond Fund Pyt (PIDCW-6M)?
How to invest in Axis Strategic Bond Fund Pyt (PIDCW-6M)?
You can invest in Axis Strategic Bond Fund Pyt (PIDCW-6M) 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 Strategic Bond Fund Pyt (PIDCW-6M)?
The minimum sip amount for Axis Strategic Bond Fund Pyt (PIDCW-6M) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Strategic Bond Fund Pyt (PIDCW-6M) good to invest in?
As per Scripbox experts, Axis Strategic Bond Fund Pyt (PIDCW-6M) is a Top Ranked fund. You can investAxis Strategic Bond Fund Pyt (PIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Strategic Bond Fund Pyt (PIDCW-6M)?
The expense ratio of the Axis Strategic Bond Fund Pyt (PIDCW-6M) is 1.09% for regular plan.