Axis Strategic Bond Fund - Growth - Regular Plan

₹18.35 0.16 %Nav, as on 23-05-2019
Previous Nav
₹ 18.3256
Net Change on 23-05-2019
₹0.03
PersonalFN Rating

5 PersonalFN
Category
Debt - Medium Duration Fund
Assets (Cr.)
₹ 1,264.15
Expense Ratio
1.05%
(As on Apr 30, 2019)

Fund Overview Growth | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
28-Mar-2012
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil for 10% of investment and 1% for remaining investment on or before 12M, Nil after 12M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
16.88
52 Week Low Nav Date
23-May-2018
52 Week High Nav (₹)
18.33
52 Week High Nav Date
22-May-2019

Fund Objective

The scheme will endeavor to generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Axis Strategic Bond Fund - Growth Option	9.66	9.58	8.55	8.35	9.14	8.84
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Medium Duration Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Axis Strategic Bond Fund - Growth Option	Mar 28, 2012	8.55	8.35	9.14	1.05	1,264.15
BNP Paribas Medium Term Fund - Growth Option	Mar 05, 2014	4.72	5.75	6.96	1.23	139.39
DHFL Pramerica Medium Term Fund- Regular Plan- Growth	Mar 06, 2014	0.91	5.02	7.21	1.04	34.51
DSP Bond Fund - Growth	Apr 29, 1997	5.69	6.95	8.04	0.79	480.54
Sundaram Medium Term Bond Fund - Regular Growth	Dec 18, 1997	6.78	6.88	7.62	2.01	89.90
Tata Medium Term Fund Regular Plan - Growth	Nov 26, 2002	5.48	6.26	7.27	1.45	61.60

Fund Holdings as on 30-April-2019

Company % Assets
7.26% Government of India (14/01/2029)
5.36
7.17% Government of India (08/01/2028)
5.03
8.24% Power Grid Corporation of India Limited (14/02/2029) **
3.98
9.60% Renew Power Limited (26/02/2021) **
2.92
9.70% Coastal Gujarat Power Limited (25/08/2023)
2.75
8.49% National Highways Auth Of Ind (05/02/2029) **
2.48
8.37% National Highways Auth Of Ind (20/01/2029) **
2.37
9.08% Union Bank of India (03/05/2022) **
2.29
Net Receivables / (Payables)
2.13
JSW Techno Projects Management Limited (28/02/2020) (ZCB) ** #
2.10
Raj Infraproperties Private Limited (09/07/2019) (ZCB) ** #
2.04
8.7% JK Lakshmi Cement Limited (06/01/2020) **
1.96
7.30% Power Finance Corporation Limited (30/06/2020) **
1.96
9.25% IndoStar Capital Finance Limited (26/02/2020) **
1.96
8.75% Muthoot Finance Limited (19/06/2021) **
1.93
8.65% Indiabulls Housing Finance Limited (26/09/2019) **
1.89
9.14% Bank of Baroda (22/03/2022) **
1.79
9.95% Syndicate Bank (25/10/2021) **
1.78
10.49% Vijaya Bank (17/01/2022) **
1.76
RENT-A-DEVICE TRUST (28/06/2021) **
1.74
8.42% National Bank For Agriculture and Rural Development (13/02/2029) **
1.60
8.95% Jubilant Life Sciences Limited (04/09/2020) **
1.58
8.30% Indian Railway Finance Corporation Limited (23/03/2029) **
1.57
Larsen & Toubro Limited (20/06/2019) ** #
1.57
9.05% Dewan Housing Finance Corporation Limited (09/09/2019) **
1.55
8.35% Bharti Airtel Limited (20/04/2021) **
1.54
8.72% PVR Limited (15/04/2022) **
1.53
8.28% Oriental Nagpur Betul Highway Limited (30/03/2024) **
1.52
8.25% Bharti Airtel Limited (20/04/2020) **
1.34
8.55% Piramal Capital & Housing Finance Limited (09/08/2019) **
1.34
8.70% JM Financial Products Limited (25/07/2019) **
1.34
8.35% State Government Securities (06/03/2029)
1.20
9.41% Aasan Corporate Solutions Private Limited (31/05/2021) ** #
1.19
9.10% Jubilant Life Sciences Limited (03/09/2021) **
1.18
8.12% NHPC Limited (22/03/2029) **
1.18
8.15% National Bank For Agriculture and Rural Development (28/03/2029) **
1.18
9.20% ICICI Bank Limited (17/03/2022) **
1.17
8.65% Dalmia Cement (Bharat) Limited (19/10/2020) **
1.17
Zenith Trust (13/07/2020) ** #
1.04
8.95% Punjab National Bank (03/03/2022) **
0.99
8.55% Talwandi Sabo Power Limited (23/04/2021) **
0.97
8.15% Vodafone Mobile Services Limited (10/07/2019) #
0.94
8.50% Vedanta Limited (15/06/2021) **
0.94
11% Dewan Housing Finance Corporation Limited (12/09/2019) ** #
0.94
9.21% Punjab National Bank (31/03/2022) **
0.83
IIFL Home Finance Limited (06/04/2020) (ZCB) **
0.83
IIERT TRUST (16/02/2022) ** #
0.83
8.70% Reliance Jio Infocomm Limited (16/07/2021) **
0.79
8.70% Indiabulls Housing Finance Limited (26/09/2019) **
0.79
9.10% Dewan Housing Finance Corporation Limited (09/09/2019)
0.78
8.72% PVR Limited (16/04/2021) **
0.78
8.28% Oriental Nagpur Betul Highway Limited (30/09/2024) **
0.75
9.95% Narmada Wind Energy Private Limited (31/03/2023) ** #
0.75
10.75% Tata Power Company Limited (21/08/2072) **
0.73
10.25% Sikka Ports and Terminals Limited (22/08/2021) **
0.67
MFL Securitisation Trust (25/06/2021) ** #
0.63
8.85% Hinduja Leyland Finance Limited (07/02/2020) **
0.62
Clearing Corporation of India Ltd
0.61
11.25% Hansdeep Industries & Trading Company Limited (12/04/2020) **
0.56
9.30% Edelweiss Commodities Services Limited (22/04/2021) **
0.50
8.50% Subros Limited (30/04/2020) **
0.47
10.30% IKF Finance Limited (09/07/2020) ** #
0.46
11.00% PVR Limited (24/11/2019) **
0.40
9.1833% IndoStar Capital Finance Limited (23/08/2019) **
0.39
8.65% Reliance Industries Limited (11/12/2028) **
0.39
8.06% State Government Securities (27/03/2029)
0.39
8.32% Reliance Jio Infocomm Limited (08/07/2021) **
0.39
9.80% ECL Finance Limited (31/12/2020) **
0.39
7.84% PVR Limited (10/07/2020) **
0.39
9.15% ICICI Bank Limited (20/06/2023) **
0.39
8.75% Indiabulls Housing Finance Limited (25/09/2021) **
0.39
9.3387% JM Financial Products Limited (23/04/2021) **
0.38
Solstice Trust (17/11/2019) ** #
0.32
8.57% REC Limited (21/12/2024)
0.32
9.23% Talwandi Sabo Power Limited (30/07/2021) **
0.31
10.60% Ess Kay Fincorp Limited (17/01/2020) **
0.30
8.50% Bank of Baroda (02/12/2021) **
0.23
9.39% Power Finance Corporation Limited (27/08/2024) **
0.20
8.19% State Government Securities (23/06/2026)
0.20
9.60% Hindalco Industries Limited (02/08/2022) **
0.16
9.8762% IndoStar Capital Finance Limited (01/11/2019) **
0.16
7.88% Government of India (19/03/2030)
0.12
11.4321% Asirvad Microfinance Ltd (22/06/2020) **
0.12
10.00% Hinduja Leyland Finance Limited (31/08/2019) **
0.08
7.85% Bhopal Dhule Transmission Company Limited (31/03/2020) **
0.08
7.85% Bhopal Dhule Transmission Company Limited (31/03/2021) **
0.08
7.85% Bhopal Dhule Transmission Company Limited (31/12/2021) **
0.08
8.16% State Government Securities (30/01/2029)
0.05
8.83% Government of India (25/11/2023)
0.04
8.60% Government of India (02/06/2028)
0.04
9.05% Dewan Housing Finance Corporation Limited (09/09/2021) **
0.03
8.15% Government of India (24/11/2026)
0.01
7.59% Government of India (20/03/2029)
0.00

Sector Holding%
Miscellaneous
78.68

About Axis Strategic Bond Fund

Scheme Analysis

Axis Strategic Bond Fund is a Debt - Medium Duration Fund fund and belongs to Axis Mutual Fund. It was launched on 28-Mar-2012 and currently has an AUM of ₹1,264.15 crore. Axis Strategic Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Medium Duration Debt Index as secondary index.

The NAV of Axis Strategic Bond Fund ended up ₹0.03(0.16%)yesterday to ₹18.35.

Among its top 3 holdings the fund has exposure to 7.26% Government of India (14/01/2029), 7.17% Government of India (08/01/2028) and 8.24% Power Grid Corporation of India Limited (14/02/2029) **

The Axis Strategic Bond Fund is managed by Devang Shah and Dhaval Patel.

Fund House Contact

Address:

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

Fund Manager

Devang Shah

Education:B. Com, C.A.
Experience:9 Years
Basic Details:Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
Funds Managed:
Axis Arbitrage Fund
Axis Corporate Debt Fund
Axis Credit Risk Fund
Axis Dynamic Bond Fund
Axis Gilt Fund
Axis Gold Exchange Traded Fund
Axis Gold Fund
Axis Liquid Fund
Axis Regular Saver Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Axis Treasury Advantage Fund

Dhaval Patel

Education:
Experience:
Basic Details:
Funds Managed:
Axis Strategic Bond Fund

Holding Type Holding %
BWR A(SO)
2.10
BWR AA
2.29
BWR AA-(SO)
2.04
BWR AAA
3.07
CARE A
3.76
CARE A+
2.92
CARE AA
2.02
CARE AA(SO)
2.75
CARE AA-
5.17
CARE AA-(SO)
0.56
CAREA+SO
0.75
Cash
2.74
CRISIL A+
1.06
CRISIL A1+
1.57
CRISIL AA
10.84
CRISIL AA(SO)
1.28
CRISIL AA-
3.83
CRISIL AAA
18.14
CRISIL AAA(SO)
3.73
ICRA A(SO)
1.04
ICRA AA
2.44
ICRA AA+
2.90
ICRA AA-
2.23
ICRA AA-(SO)
1.51
ICRA AAA(SO)
1.74
IND A+
3.60
IND A+(SO)
0.30
IND AAA
1.18
Sovereign
12.44

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