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Fincash » Mutual Funds » Axis Strategic Bond Fund

Axis Strategic Bond Fund - G

NAV  ₹24.949 ↓ 0.00  (-0.01 %) as on 23 Feb 24

(Erstwhile Axis Income Fund)

Scheme Objective

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Axis Strategic Bond Fund is a Debt - Medium term Bond fund launched on 28 Mar 12. It is a fund with Moderate risk and has given a CAGR return of 8% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2023 was 7.3% , 2022 was 3.8% and 2021 was 5.2% .

Below is the key information for Axis Strategic Bond Fund

NAV as on 23 Feb 24₹24.949 ↓ 0.00  (-0.01 %)
Net Assets (AUM) as on 31 Jan 2024 ₹1,944 Cr.
Launch Date28 Mar 2012
CategoryDebt - Medium term Bond
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity8.19%
Effective Maturity5 Years 4 Months 20 Days
Modified Duration3 Years 9 Months 18 Days
Alpha Ratio0.0
Expense Ratio1.08 %
Sharpe Ratio0.384
Information Ratio0.0
BenchmarkNot Available
ISININF846K01BP2
AMCAxis Asset Management Company Limited
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Feb 24

DurationReturns
1 Month 1%
3 Month 2.4%
6 Month 3.9%
1 Year 8%
3 Year 6%
5 Year 6.9%
10 Year
15 Year
Since launch 8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.3%
2022 3.8%
2021 5.2%
2020 10.5%
2019 7.1%
2018 6.7%
2017 7.5%
2016 11.6%
2015 6.8%

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,726
31 Jan 21₹11,773
31 Jan 22₹12,393
31 Jan 23₹12,901
31 Jan 24₹13,867
Axis Strategic Bond Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash17.15%
Debt82.85%
Axis Strategic Bond Fund Asset Allocation

Sector Allocation

SectorValue
Government51.11%
Corporate31.8%
Cash Equivalent15.6%
Securitized1.49%
RatingValue
A4.1%
AA26.73%
AAA69.17%
Axis Strategic Bond Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
24%₹379 Cr37,500,000
↑ 37,450,000
7.26% Govt Stock 2032
Sovereign Bonds | -
19%₹302 Cr30,300,000
↑ 29,600,000
8.25% Govt Stock 2033
Sovereign Bonds | -
5%₹85 Cr8,500,000
↑ 6,600,000
JM Financial Credit Solutions Limited
Debentures | -
3%₹43 Cr428
Pune Solapur Expressways Pvt. Ltd
Debentures | -
2%₹37 Cr400
↑ 400
Bharti Telecom Limited
Debentures | -
2%₹35 Cr350
↑ 250
Dlf Cyber City Developers Ltd
Debentures | -
2%₹29 Cr300
7.1% Govt Stock 2029
Sovereign Bonds | -
2%₹27 Cr2,700,000
↑ 2,500,000
Muthoot Finance Limited
Debentures | -
2%₹25 Cr250
Vivriti Capital Private Limited
Debentures | -
2%₹25 Cr250
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Fund Managers

NameSinceTenure
Devang Shah5 Nov 1211.25 Yr.
Sachin Jain1 Feb 231 Yr.
Akhil Thakker1 Feb 231 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Axis Mutual FundAxis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Axis Strategic Bond Fund
Growth
₹24.949
↓ 0.00
3.85 %8.03 %6 %6.86 %
Axis Strategic Bond Fund
Quarterly Dividend, Payout
₹10.2292
↓ 0.00
3.81 %7.99 %5.97 %6.5 %
Axis Strategic Bond Fund
Half-Yearly Dividend, Payout
₹10.6166
↓ 0.00
3.85 %8.03 %5.92 %6.21 %
Data as on 23 Feb 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.