December 8, 2023
mayank
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 10.8629
NAV IDCW: Rs 10.8628
Suitable For Which Investors?
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors’ money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to ‘lock-in’ a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL IBX 70:30 CPSE Plus SDL – April 2025 before expenses, subject to tracking errors.
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 Price water house Coopers.
2) Sachin Jain
Education: Mr. Jain is a B.Tech, AGMP (Management)
Experience: Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Axis Mutual Fund |
| Launch Date | 28-Jan-22 |
| Return Since Launch | 4.56% |
| Benchmark | CRISIL IBX 70:30 CPSE Plus SDL Index – April 2025 |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 575 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.16% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Dir | 6.55 | 0.00 | 0.51 | 1.51 | 3.01 | 6.87 | — | — | — | — |
| CCIL T Bill Liquidity Weight | 3.98 | -0.04 | 0.30 | 1.02 | 2.07 | 4.33 | — | — | — | — |
| Debt: Target Maturity | 6.51 | 0.06 | 0.67 | 1.29 | 2.26 | 6.71 | — | — | — | — |
| Rank within category | 21 | 85 | 87 | 17 | 4 | 14 | — | — | — | — |
| Number of funds in category | 60 | 89 | 89 | 88 | 88 | 53 | 3 | 0 | 0 | 0 |
Peer Comparison of Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund
| 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 CRISIL IBX 70:30 CPSE Plus SDL April 2025 Dir | Unrated | 6.87 | — | — | 0.16 | 575 | 4.56 | — | 1Y 10M |
| SBI CPSE Bond + SDL Sep 2026 50:50 Dir | Unrated | 6.65 | — | — | 0.21 | 11,186 | 4.62 | 0.15 (30) | 1Y 10M |
| ABSL SDL + PSU Bond Sep 2026 60:40 Dir | Unrated | 6.69 | — | — | 0.21 | 10,660 | 4.26 | — | 2Y 2M |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Dir | Unrated | 6.74 | — | — | 0.20 | 10,074 | 5.52 | 0.10 (30) | 2Y 8M |
| ICICI Pru Nifty PSU Bond + SDL Sep 2027 40:60 Index Dir | Unrated | 6.28 | — | — | 0.20 | 9,019 | 4.08 | — | 2Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 20 | 22 |
| Macaulay Duration (yrs) | 1.17 | 3.69 |
| Average Maturity (yrs) | 1.24 | 4.55 |
| Yield to Maturity (%) | 7.66 | 7.59 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund?
Chanakya’s Mutual Fund Guidance For Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund
Apply Online: https://www.axismf.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/uti-crisil-sdl-maturity-april-2033-index-fund/