Axis US Treasury Dynamic Bond ETF FoF Regular-Grow...
NAV as of Aug 29, 2024
10.43-0.52%
- Growth - Regular
(Earn upto 0.05% Extra Returns with Direct Plan)
Fund Category:
Debt: Others
Expense Ratio:
0.15%(0.21% Category
average)Fund Size:
Rs. 94.71 Cr(14.71% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Axis US Treasury Dynamic Bond ETF FoF Regular-Growth
NAV as of Aug 29, 2024
10.43-0.52%
Expense Ratio:
0.15%
Fund Size:
Rs. 94.71 Cr
Fund Category:
Debt: Others
1. Current NAV: The Current Net Asset Value of the Axis US Treasury Dynamic Bond ETF FoF - Regular Plan as of Aug 29, 2024 is Rs 10.43 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 4.87% (since launch). Whereas, Category returns for the same time duration are: 0.0% (1yr), 0.0% (3yr) and 0.0% (5yr).
3. Fund Size: The Axis US Treasury Dynamic Bond ETF FoF - Regular Plan currently holds Assets under Management worth of Rs 94.71 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.15% for Regular plan as on Aug 23, 2024.
5. Exit Load: Axis US Treasury Dynamic Bond ETF FoF - Regular Plan shall attract an Exit Load, "Exit load of 0.25%, if redeemed within 1 month."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis US Treasury Dynamic Bond ETF FoF Regular-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
Trailing Return data not available for this fund
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Return Comparison
- This Fund
- BenchmarkAditya Birla SL US Treasury 3-10 year Bond ETFs FoF Reg-G
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Axis US Treasury Dynamic Bond ETF FoF Regular-Growth Fund Details
Investment Objective - The scheme seeks to provide regular income by investing in units of overseas ETFs where the investment mandate is to invest in US treasury securities across duration.
Fund House | Axis Mutual Fund |
Launch Date | Dec 22, 2023 |
Benchmark | ICE Short US Treasury Securities Index (USD) |
Return Since Launch | 4.32% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Axis US Treasury Dynamic Bond ETF FoF Regular-Growth Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 0.25%, if redeemed within 1 month. |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 7.09 | 7.17 | 1.76 | 4.6433 |
Average Maturity(Yrs) | 8.36 | 8.46 | 1.85 | 5.3233 |
Yield to Maturity(%) | 4.15 | 5.11 | 4.07 | 4.25 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | - | - |
Low Risk | - | - |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 1.07 | 1.36 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | - |
CD | - | - |
T-Bills | - | - |
CP | - | - |
NCD & Bonds | - | - |
PTC | - | - |
Cash & Others | 100.00 | 100.00 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
iShares USD Treasury Bond 7-10yr UCITS ETF 0 | Long-term Debt | Financial | - | 936.95 | 98.93 | 77,150 |
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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 US Treasury Dynamic Bond ETF FoF Regular-Growth 10.43 Unrated 94.71 2.35 - - - Bandhan US Treasury Bond 0-1 year FoF Regular-Growth 10.91 Unrated 151.24 0.65 6.71 - - Aditya Birla Sun Life US Treasury 3-10 year Bond ETFs FoF Regular-Growth 10.95 Unrated 247.10 1.86 - - - Aditya Birla Sun Life US Treasury 1-3 year Bond ETFs FoF Regular-Growth 10.61 Unrated 83.80 1.30 - - - DSP US Treasury FoF Regular - Growth 10.62 Unrated 66.99 1.98 - - -
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
- K.N.Krishnaa NarayanSince Mar 20244 schemes
She is a Chartered Accountant Prior to joining Axis Mutual Fund, she has worked with Price Waterhouse Coopers
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Global Equity Alpha FoF Regular-Growth International 16.77 Unrated 856.60 23.86 Axis NASDAQ 100 FoF Regular-Growth International 17.43 Unrated 171.86 28.93 Axis Greater China Equity FoF Regular-Growth International 6.72 Unrated 206.27 -1.75 Axis Global Innovation FoF Regular-Growth International 12.68 Unrated 534.13 28.60
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Fund Regular-Growth | 36,518.03 | 0.60 | 1.86 | 3.75 | 7.32 | 5.74 | |
Axis Liquid Fund Retail-Growth | 36,518.03 | 0.56 | 1.73 | 3.48 | 6.77 | 5.21 | |
Axis ELSS Tax Saver Fund-Growth | 34,895.64 | 5.81 | 12.73 | 16.06 | 27.56 | 11.40 | |
Axis Bluechip Fund-Growth | 32,707.97 | 4.98 | 9.60 | 14.36 | 27.98 | 11.61 | |
Axis Midcap Fund Regular-Growth | 27,747.62 | 9.18 | 24.49 | 27.86 | 46.39 | 22.03 | |
Axis Small Cap Fund Regular-Growth | 20,504.37 | 7.37 | 19.53 | 17.34 | 38.50 | 25.83 | |
Axis Banking & PSU Debt Fund-Growth | 13,660.32 | 0.57 | 1.72 | 3.51 | 6.48 | 5.17 | |
Axis Focused Fund Regular-Growth | 13,341.11 | 6.37 | 11.18 | 14.34 | 23.89 | 8.45 | |
Axis Growth Opportunities Fund Regular-Growth | 12,424.49 | 8.70 | 15.30 | 22.46 | 38.33 | 19.57 | |
Axis Flexi Cap Fund Regular-Growth | 12,011.72 | 7.46 | 16.71 | 19.31 | 33.70 | 14.52 |
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1. Axis US Treasury Dynamic Bond ETF FoF - Regular Plan is Open-ended Others Debt scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Dec 22, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide regular income by investing in units of overseas ETFs where the investment mandate is to invest in US treasury securities across duration. "
2. It is benchmarked against ICE Short US Treasury Securities Index (USD).
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 US Treasury Dynamic Bond ETF FoF - Regular Plan is 8.36 years and Duration is 7.09 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 US Treasury Dynamic Bond ETF FoF Regular-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 US Treasury Dynamic Bond ETF FoF Regular-Growth
- Is it safe to invest in Axis US Treasury Dynamic Bond ETF FoF - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis US Treasury Dynamic Bond ETF FoF - Regular Plan comes under Very High risk category.
- What is the category of Axis US Treasury Dynamic Bond ETF FoF - Regular Plan?Axis US Treasury Dynamic Bond ETF FoF - Regular Plan belongs to the Debt : Others category of funds.
- How Long should I Invest in Axis US Treasury Dynamic Bond ETF FoF - Regular Plan?The suggested investment horizon of investing into Axis US Treasury Dynamic Bond ETF FoF - Regular 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 US Treasury Dynamic Bond ETF FoF - Regular Plan?The Axis US Treasury Dynamic Bond ETF FoF - Regular Plan is managed by Krishnaa Narayan (Since Mar 01, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.