Axis Strategic Bond Fund is an open ended medium duration debt fund. Previously, this fund was named Axis Regular Savings Fund. The investment objective of Axis Strategic Bond Fund is by investing primarily in money market and debt instruments to maintain liquidity with the aim to generate optimal return.
Axis Strategic Bond Fund was launched on March 28, 2012. Axis Strategic Bond Fund invests pirmarily in debt securities of medium term corporate bonds which is successful in generating optimal return with adjusted risk. The return of last 3 years and 5 years are 8.20% and 9.42% respectively which are higher than conventional bank deposits.
Axis Strategic Bond Fund Facts
-
Axis Strategic Bond Fund portfolio allocates 96.21% in debt securities out of which 73.61% in low risk securities and 8.67% in government securities.
-
The returns from Axis Strategic Bond Fund regular growth scheme is higher than bank deposits.
-
Axis Strategic Bond mutual fund scheme investment in India enables lower volatility with respect to longer duration funds.
-
Investors who have low risk appetite with an aim to earn higher return than conventional investment options can easily opt for Axis Strategic Bond Fund regular growth scheme.
Top 4 Sectors of Axis Strategic Bond Fund
|
S.No.
|
Holding Name
|
Net Assets (in %)
|
|
1
|
Miscellaneous
|
82.49
|
|
2
|
Miscellaneous
|
8.68
|
|
3
|
Miscellaneous
|
5.05
|
|
4
|
Miscellaneous
|
3.78
|
(as on 12/04/2019)
Top 10 Holdings of Axis Strategic Bond Fund
|
S.No.
|
Holding Name
|
Net Assets (in %)
|
|
1
|
8.37% National Highways Auth Of Ind (20/01/2029)
|
4.49
|
|
2
|
8.08% State Government Securities (26/12/2028)
|
4.05
|
|
3
|
9.60% Renew Power Limited (26/02/2021)
|
2.98
|
|
4
|
9.70% Coastal Gujarat Power Limited (25/08/2023)
|
2.83
|
|
5
|
8.49% National Highways Auth Of Ind (05/02/2029)
|
2.57
|
|
6
|
Net Receivables / (Payables)
|
2.55
|
|
7
|
8.35% Indian Railway Finance Corporation Limited (13/03/2029)
|
2.45
|
|
8
|
JSW Techno Projects Management Limited (28/02/2020) (ZCB)
|
2.12
|
|
9
|
Raj Infraproperties Private Limited (09/07/2019) (ZCB)
|
2.06
|
|
10
|
8.24% Power Grid Corporation of India Limited (14/02/2029)
|
2.05
|
(as on 12/04/2019)
Axis Strategic Bond Fund Details
Launch Date- March 28, 2012
Fund Manager- Mr. Devang Shah, Ms. Dhaval Patel
Risk- Moderate
Benchmark- NIFTY Medium Duration Debt Index
Return Since Launch- 8.86%
AUM- Rs. 1248.01 crore (as on 28th Feb, 2019)
Following is the performance of Axis Strategic Bond Fund-
|
|
1-Year
|
3-Year
|
5-Year
|
10-Year
|
|
Fund
|
7.05
|
8.20
|
9.42
|
–
|
|
VR Bond
|
6.74
|
6.52
|
7.77
|
–
|
|
Category
|
5.49
|
7.19
|
8.37
|
–
|
|
Rank within Category
|
3
|
3
|
1
|
–
|
|
Number of funds in category
|
16
|
16
|
13
|
–
|
|
As on Apr 12, 2019
|
||||
