- Mutual Funds
- Axis Mutual Fund
- Axis Strategic Bond Fund (RIDCW-Q)
Formerly Axis Regular Savings Qt DR
Axis Strategic Bond Fund (RIDCW-Q)
₹ 10.3041
NAV (Sep 22)
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
₹ 10.3041
NAV (Sep 22)
Fund Returns
Last 1Y | 6.9% |
Last 3Y | 5.9% |
Last 5Y | 6.4% |
Last 10Y | 6.6% |
Since Inception | 6.6% |
6 Month CAGR | 4% |
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 (11y ago) | Mar 28, 2012 |
AUM in Crores | 1975.357 |
ISIN | INF846K01BS6 |
Lock-in | No Lock-in |
Benchmark | Nifty Medium Duration Debt Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.5 |
Standard Deviation (5yr) | 2.2 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.798 |
Sharpe Ratio (5yr) | 0.502 |
YTM | 8.03 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Strategic Bond Fund (RIDCW-Q) | 8,54,866 | 1,22,254 | 6.4% | |
| 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
16.2%7.26% govt stock 2033
8.9%7.06% govt stock 2028
4%8.51% govt stock 2033
3.6%magma housing finance limited
2.9%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 Strategic Bond Fund (RIDCW-Q) Review
Axis Strategic Bond Fund (RIDCW-Q) 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 Qt 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-Q) as of 9/22/2023 is ₹10.30 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-Q) 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-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 Strategic Bond 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 Medium Duration Debt Index TR INR.
Axis Strategic Bond Fund (RIDCW-Q) is rated as a 4 fund in Debt and delivered 6.9% 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-Q).
Frequently Asked Questions
What is Axis Strategic Bond Fund (RIDCW-Q)?
How to invest in Axis Strategic Bond Fund (RIDCW-Q)?
You can invest in Axis Strategic Bond 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 Strategic Bond Fund (RIDCW-Q)?
The minimum sip amount for Axis Strategic Bond Fund (RIDCW-Q) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Strategic Bond Fund (RIDCW-Q) good to invest in?
As per Scripbox experts, Axis Strategic Bond Fund (RIDCW-Q) is a Top Ranked fund. You can investAxis Strategic Bond 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 Strategic Bond Fund (RIDCW-Q)?
The expense ratio of the Axis Strategic Bond Fund (RIDCW-Q) is 1.09% for regular plan.