To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

	DATE OF ALLOTMENT	15th July 2014
	MONTHLY AVERAGE	532.06Cr.
	AS ON 31st July, 2023	528.76Cr.
	BENCHMARK	NIFTY Credit Risk Bond Index C III
	RESIDUAL MATURITY	1.91 years
	MODIFIED DURATION*	1.59 years
	MACULARY DURATION*	1.67 years
	Annualised Portfolio YTM*	8.43% *in case of semi annual YTM, it will be annualised
*As per AMFI Best Practices Guidelines Circular No. 88 / 2020 -21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
	FUND MANAGER
	Mr. Devang Shah	Work experience: 18 years. He has been managing this fund since 15th July 2014
	Mr. Akhil Thakkar	Work experience: 12 years. He has been managing this fund since 9th November 2021

 

Past performance may or may not be sustained in future. Different plans have different expense structure. Devang Shah is managing the scheme since 15th July 2014 and he manages 14 schemes of Axis Mutual Fund & Akhil Thakker is managing the scheme since 9th November 2021 and he manages 2 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.