Axis Nifty SDL September 2026 Debt Index Fund Dire...
NAV as of Aug 29, 2024
11.400.01%
- Growth - Direct
(Earn upto 0.15% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Expense Ratio:
0.16%(0.18% Category
average)Fund Size:
Rs. 79.57 Cr(0.06% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis Nifty SDL September 2026 Debt Index Fund Direct-Gro...
NAV as of Aug 29, 2024
11.400.01%
Expense Ratio:
0.16%
Fund Size:
Rs. 79.57 Cr
Fund Category:
Debt: Target Maturity
1. Current NAV: The Current Net Asset Value of the Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan as of Aug 29, 2024 is Rs 11.40 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 8.11% (1yr) and 7.67% (since launch). Whereas, Category returns for the same time duration are: 8.16% (1yr), 5.62% (3yr) and 0.0% (5yr).
3. Fund Size: The Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan currently holds Assets under Management worth of Rs 79.57 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.16% for Direct plan as on Aug 23, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 1000.
Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.68 2.30 4.25 8.10 - - Category Avg 0.75 2.40 4.22 8.09 5.62 - Rank within Category 69 64 53 61 - - No. of funds within Category 100 99 97 95 12 - - Loading...
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Direct-G
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2026 Index before expenses, subject to tracking errors.
Fund House | Axis Mutual Fund |
Launch Date | Nov 21, 2022 |
Benchmark | Nifty SDL Sep 2026 Index |
Return Since Launch | 7.66% |
Riskometer | Low to Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 1,000.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 1.79 | 7.99 | 0.56 | 3.2236 |
Average Maturity(Yrs) | 2.02 | 12.92 | 0.61 | 4.1006 |
Yield to Maturity(%) | 7.19 | 7.86 | 6.5821 | 7.1633 |
Avg Credit Rating | Average | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 95.98 | 82.64 |
Low Risk | - | 14.14 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 4.03 | 3.22 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 35.72 |
CD | - | - |
T-Bills | - | 0.00 |
CP | - | - |
NCD & Bonds | - | 8.94 |
PTC | - | - |
Cash & Others | 100.01 | 55.34 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
7.38% Rajasthan State 14/09/2026 | Long-term Debt | Others | SOV | 402.15 | 50.54 | 40,00,000 |
Maharashtra State | Long-term Debt | Others | SOV | 78.75 | 9.90 | - |
7.61% Kerala State 09/08/2026 | Long-term Debt | Others | SOV | 50.46 | 6.34 | 5,00,000 |
7.6% Gujarat State 09/08/2026 | Long-term Debt | Construction | SOV | 50.47 | 6.34 | 5,00,000 |
Tamilnadu State | Long-term Debt | Others | SOV | 50.27 | 6.32 | - |
Rajasthan State | Long-term Debt | Others | SOV | 50.07 | 6.29 | - |
8.72% Tamilnadu State 19/09/2026 | Long-term Debt | Others | SOV | 36.09 | 4.54 | 3,50,000 |
7.58% Maharashtra State 24/08/2026 | Long-term Debt | Others | SOV | 20.18 | 2.54 | 2,00,000 |
Maharashtra State | Long-term Debt | Others | SOV | 15.08 | 1.90 | - |
Kerala State | Long-term Debt | Others | SOV | 10.09 | 1.27 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth 11.40 Unrated 79.57 0.73 8.02 - - Baroda BNP Paribas Nifty SDL December 2026 Index Fund Direct - Growth 11.27 Unrated 119.10 0.76 8.09 - - Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund Direct - Growth 11.53 Unrated 8,129.04 0.70 8.21 - - HDFC NIFTY G-Sec Jun 2036 Index Fund Direct - Growth 11.58 Unrated 819.11 1.12 9.87 - - Aditya Birla Sun Life CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct-Growth 11.65 Unrated 413.19 0.74 8.32 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Axis Mutual Fund News
Fund Manager
- A.P.Aditya PagariaSince Nov 202216 schemes
- S.J.Sachin JainSince Feb 202313 schemes
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Direct Fund-Growth | 36,518.03 | 0.61 | 1.88 | 3.78 | 7.38 | 5.81 | |
Axis ELSS Tax Saver Direct Plan-Growth | 34,895.64 | 5.88 | 12.94 | 16.49 | 28.53 | 12.29 | |
Axis Bluechip Fund Direct Plan-Growth | 32,707.97 | 5.07 | 9.84 | 14.88 | 29.15 | 12.76 | |
Axis Midcap Direct Plan-Growth | 27,747.62 | 9.28 | 24.82 | 28.54 | 47.94 | 23.49 | |
Axis Small Cap Fund Direct-Growth | 20,504.37 | 7.47 | 19.86 | 18.00 | 40.03 | 27.49 | |
Axis Banking & PSU Debt Direct Plan-Growth | 13,660.32 | 0.59 | 1.79 | 3.66 | 6.78 | 5.48 | |
Axis Focused Direct Plan-Growth | 13,341.11 | 6.47 | 11.45 | 14.90 | 25.08 | 9.58 | |
Axis Growth Opportunities Fund Direct-Growth | 12,424.49 | 8.81 | 15.61 | 23.14 | 39.92 | 21.13 | |
Axis Flexi Cap Fund Direct-Growth | 12,011.72 | 7.54 | 17.00 | 19.90 | 35.02 | 15.80 | |
Axis Overnight Fund Direct-Growth | 9,383.44 | 0.56 | 1.67 | 3.37 | 6.84 | 5.45 |
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1. Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan is Open-ended Target Maturity Debt scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Nov 21, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Sep 2026 Index before expenses, subject to tracking errors. "
2. It is benchmarked against Nifty SDL Sep 2026 Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan is 2.02 years and Duration is 1.79 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Axis Nifty SDL September 2026 Debt Index Fund Direct-Growth
- Is it safe to invest in Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan comes under Low to Moderate risk category.
- What is the category of Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan?Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan belongs to the Debt : Target Maturity category of funds.
- How Long should I Invest in Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan?The suggested investment horizon of investing into Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan?The Axis Nifty SDL September 2026 Debt Index Fund - Direct Plan is managed by Aditya Pagaria (Since Nov 04, 2022) and Sachin Jain (Since Feb 01, 2023).
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