December 6, 2023
mayank
Axis All Seasons Debt FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 12.6962
Yearly NAV IDCW: Rs 12.1701
NAV IDCW Quarterly: Rs 10.8464
Monthly NAV IDCW: Rs 12.7068
NAV IDCW: Rs 12.7054
Suitable For Which Investors?
“Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The Scheme seeks to generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes.
Fund Manager:
1) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
2) R Sivakumar
Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Axis All Seasons Debt FoF
| Fund House | Axis Mutual Fund |
| Launch Date | 28-Jan-20 |
| Return Since Launch | 6.38% |
| Benchmark | NIFTY Composite Debt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 173 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.22% |
| (As on 31-Oct-2023) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
Axis All Seasons Debt FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis All Seasons Debt FOF Dir | 6.01 | 0.14 | 0.72 | 1.27 | 2.26 | 6.22 | 5.19 | — | — | — |
| VR Bond* | 6.05 | 0.04 | 0.70 | 1.12 | 2.02 | 6.21 | 4.08 | — | — | — |
| Debt: Dynamic Bond* | 6.31 | 0.04 | 0.69 | 1.14 | 2.25 | 6.52 | 4.89 | — | — | — |
Peer Comparison of Axis All Seasons Debt FoF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis All Seasons Debt FOF Dir | 4 star | 6.22 | 5.19 | — | 0.22 | 173 | 6.38 | 1.00 (365) | 3Y 10M |
| ICICI Pru All Seasons Bond Dir | 5 star | 7.89 | 6.09 | 8.45 | 0.56 | 11,511 | 9.75 | 0.25 (30) | 10Y 11M |
| SBI Dyn Bond Dir | 4 star | 7.07 | 4.96 | 7.91 | 0.61 | 2,933 | 8.15 | 0.25 (30) | 10Y 11M |
| ABSL Dyn Bond Dir | 5 star | 6.78 | 6.41 | 5.86 | 0.64 | 1,688 | 7.50 | 0.50 (90) | 10Y 11M |
| HDFC Dyn Debt Dir | 4 star | 7.04 | 6.14 | 6.42 | 0.69 | 641 | 7.63 | — | 10Y 11M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 11 | 24 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | AAA | — |
How to Invest in Axis All Seasons Debt FoF?
Chanakya’s Mutual Fund Guidance For Axis All Seasons Debt FoF
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