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.
The performance of the fund on a Fund Size metric has been Satisfactory
The fund has been a Category Leader on the Rolling Returns metric
NAV (Sep 22)
6 Month CAGR
To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.
Launched (11y ago)
Mar 28, 2012
AUM in Crores
Nifty Medium Duration Debt Index TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Axis Strategic Bond Fund (RIDCW-6M)||8,48,560||1,15,948||6.1%|
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.
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Axis Asset Management Company Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
Axis Strategic Bond Fund (RIDCW-6M) is a Medium Term Debt fund and has delivered an annualised return of 6.6% over a period of 11 years. The fund was previously known as Axis Regular Savings HY DR. 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 (RIDCW-6M) as of 9/22/2023 is ₹10.78 with the total AUM as of 9/23/2023 is ₹1975.357. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Strategic Bond Fund (RIDCW-6M) was launched on Mar 28, 2012. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Axis Strategic Bond Fund (RIDCW-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 (RIDCW-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 (RIDCW-6M) is rated as a 4 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Strategic Bond Fund (RIDCW-6M).
What is Axis Strategic Bond Fund (RIDCW-6M)?
How to invest in Axis Strategic Bond Fund (RIDCW-6M)?
You can invest in Axis Strategic Bond Fund (RIDCW-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 (RIDCW-6M)?
The minimum sip amount for Axis Strategic Bond Fund (RIDCW-6M) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Strategic Bond Fund (RIDCW-6M) good to invest in?
As per Scripbox experts, Axis Strategic Bond Fund (RIDCW-6M) is a Top Ranked fund. You can investAxis Strategic Bond Fund (RIDCW-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 (RIDCW-6M)?
The expense ratio of the Axis Strategic Bond Fund (RIDCW-6M) is 1.09% for regular plan.