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NAV as of ( Sep 09, 2022 )
₹ 20.74 -0.03 % 1-D Change
Earn upto 0.6% extra returns with Direct Plan
ET Money Rank
Not yet ranked
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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Fresh Investments closed in this fund!
This fund is no longer available to invest
|ET Money Rank||Not yet ranked|
|Expense ratio||1.0% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 126 Crs|
|Age||10 yrs 8 m Since Jan 10, 2012|
|Benchmark||NIFTY All Duration G-Sec|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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You would have earned ₹ 1,001 in Direct Plan of this scheme
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. Past performance is not an indicator of future returns.
Bifurcation by Holding is not available for this fund
Large Cap 0%
Mid Cap 0%
Small Cap 0%
Other Cap 0%
Bifurcation by Sector is not available for this fund
Haryana State 4.08%
Reserve Bank of India 3.97%
Cash & Call Money 16.05%
Bifurcation by Instrument is not available for this fund
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Edelweiss Government Securities Fund||8.05%|
|DSP Government Securities Fund||7.52%|
|IDFC GSF Investment Fund||7.33%|
|Nippon India Gilt Securities Fund||7.31%|
|SBI Magnum Gilt Fund||7.12%|
|ICICI Prudential Gilt Fund||7.11%|
|Axis Gilt Fund||6.36%|
Sign-up for free to compare fund with gilt funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||1.04%||0.76%||6 / 21|
|3 months||2.86%||2.75%||9 / 21|
|6 months||2.03%||1.44%||5 / 20|
|1 year||2.26%||1.77%||3 / 19|
|3 years||6.14%||5.33%||5 / 17|
|5 years||6.36%||5.82%||6 / 17|
|10 years||7.22%||7.86%||14 / 16|
Level of Risk in the Scheme
Investors understand that their principal will be at Moderate risk
The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Prior to joining Axis Asset Management Company Ltd., he has worked with HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
As on Jun 30, 2022
The Axis Gilt Fund is a 10 yrs 8 m old fund and has delivered average annual returns of 7.21% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Gilt Fund for Sep 09, 2022 is 20.74 .
Axis Gilt Fund -Growth is the regular plan of the fund. For this plan of you pay 1.0% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.4%. That's 0.6% less.
Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.
So, the lower annual cost of the direct plan means you will earn 0.6% if you opt for direct plan of Axis Gilt Fund
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Gilt Fund is 1.0%. .
Redeeming your investments in Axis Gilt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Gilt Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Gilt Fund is ₹126 Crs.
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Axis Gilt Fund allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||16.05%|
The top 3 debt holdings of Axis Gilt Fund are as follows
|Holding Name||Percentage of Portfolio|