April 2, 2025
mayank
Axis CRISIL-IBX AAA Bond NBFC-Jun 2027 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.4346
NAV IDCW: Rs 10.4346
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 before fees and expenses that closely corresponds to the total returns of the securities as represented by the CRISIL-IBX AAA NBFC Index – Jun 2027, subject to tracking errors.
Fund Manager:
1) Aditya Pagaria
Education: 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.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
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 of Axis CRISIL-IBX AAA Bond NBFC-Jun 2027 Index Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 24-Sep-24 |
| Return Since Launch | 4.35% |
| Benchmark | CRISIL IBX AAA NBFC – June 2027 |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 767 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.17% |
| (As on 28-Feb-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Axis CRISIL-IBX AAA Bond NBFC-Jun 2027
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis CRISIL-IBX AAA Bond NBFC – Jun 2027 Index Dir | 2.07 | 0.06 | 0.87 | 2.07 | 4.21 | — | — | — | — | — |
| CCIL T Bill Liquidity Weight* | 1.29 | 0.08 | 0.44 | 1.29 | 2.32 | — | — | — | — | — |
| Debt: Target Maturity* | 2.30 | 0.05 | 1.00 | 2.29 | 3.84 | — | — | — | — | — |
| Rank within category* | 78 | 8 | 42 | 78 | 18 | — | — | — | — | — |
| Number of funds in category* | 102 | 106 | 105 | 102 | 94 | 91 | 25 | 1 | 0 | 0 |
Peer Comparison of Axis CRISIL-IBX AAA Bond NBFC-Jun 2027
| 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 AAA Bond NBFC – Jun 2027 Index Dir | Unrated | — | — | — | 0.17 | 767 | 4.35 | — | 6M |
| ABSL SDL + PSU Bond Sep 2026 60:40 Dir | Unrated | 7.98 | 6.07 | — | 0.21 | 9,554 | 5.68 | — | 3Y 6M |
| SBI CPSE Bond + SDL Sep 2026 50:50 Dir | Unrated | 7.90 | 5.97 | — | 0.21 | 9,297 | 6.01 | 0.15 (30) | 3Y 2M |
| ICICI Pru Nifty PSU Bond + SDL Sep 2027 40:60 Index Dir | Unrated | 8.36 | 6.13 | — | 0.20 | 8,996 | 5.74 | — | 3Y 6M |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Dir | Unrated | 7.78 | 6.00 | — | 0.20 | 7,734 | 6.29 | 0.10 (30) | 4Y |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 14 | 20 |
| Macaulay Duration (yrs) | 1.86 | 2.81 |
| Average Maturity (yrs) | 2.05 | 3.38 |
| Yield to Maturity (%) | 7.75 | 7.06 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Axis CRISIL-IBX AAA Bond NBFC-Jun 2027 Index Fund
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