To generate regular income through investment in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns. The Scheme may also invest a portion of its net assets in fixed rate debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

	DATE OF ALLOTMENT	29th July 2021
	MONTHLY AVERAGE	330.72Cr.
	AS ON 30th June, 2023	310.12Cr.
	BENCHMARK	CRISIL Low Duration Debt Index*
	Residual Maturity	4.16 years
	Modified Duration*	2.69 year
	Macaulay Duration*	2.87 years
	Annualised Portfolio YTM*	7.74%
	*in case of semi annual YTM, it will be annualised
	FUND MANAGER
	Mr. Aditya Pagaria Work experience: 15 years. He has been managing this fund since 29th July 2021
	Mr. Hardik Shah Work experience: 14 years. He has been managing this fund since 31st January 2022

*With effect from Jul 11, 2023, the benchmark of the fund has been changed to CRISIL Short term Bond Fund Index.

 

Past performance may or may not be sustained in future. Different plans have different expense structure. Aditya Pagaria is managing the scheme since 29th July 2021 and he manages 17 schemes of Axis Mutual Fund & Hardik Shah is managing the scheme since 31st January 2022 and he manages 10 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 : ₹ 1000.