February 21, 2025
mayank
Axis Nifty AAA Bond Financial Services-Mar 2028 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Axis Nifty AAA Bond Financial Services-Mar 2028 Index Fund Open Date, Close Date?
NFO opens on February 27, 2025
NFO will close on March 04, 2025
Investment Strategy for this NFO?
The scheme seeks to provide investment returns before fees and expenses that closely correspond to the total returns of the securities as represented by the Nifty AAA Financial Services Bond Mar 2028 Index, subject to tracking error/ tracking difference.
Basic Details
| Fund House | Axis Mutual Fund |
| Issue Open | 27 February 2025 |
| Issue Close | 04 March 2025 |
| Type | Open-ended |
| Category | Debt: Target Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Moderate |
| Benchmark | Nifty AAA Financial Services Bond Mar 2028 |
About Benchmark Index for this NFO?
Investment Objective:
The investment objective of the scheme is to provide investment returns before fees and expenses that closely correspond to the total returns of the securities asrepresented by the Nifty AAA Financial Services Bond Mar 2028 Index, subject to tracking error/ tracking difference.
There is no assurance that the investment objective of the Scheme will be achieved.
Benchmark: Nifty AAA Financial Services Bond Mar 2028 Index
Justifications of Benchmark:
The fund aims to provide returns before expenses that closely correspond to the total returns of the Nifty AAA Financial Services Bond Mar 2028 Indexsubject to tracking error/tracking difference.
Tier 2 Benchmark: Not Applicable
Tenure of the Scheme
Axis Nifty AAA Bond Financial Services -Mar 2028 Index Fundis an open ended Target Maturity index fund investing in constituents of Nifty AAA Financial Services Bond Mar 2028 Index. A moderate interest rate risk and relatively low credit risk.
As a function of the underlying investments of the Scheme, the maturity of the Scheme will follow the maturity profile of the underlying Index. In line with maturity profile of the underlying Index, the maturity of the Scheme is expected to be March31, 2028. Any modification to this date will be conveyed to investors through a notice. If the maturity / payout date falls on a non-business day, the maturity / payout date shall be the next business day.
The Unit holders holding units in demat mode, whose name(s) appear on the list of beneficial owners as per the Depositories (NSDL/CDSL) on Record Date shall be entitled to receive redemption proceeds of Units. Record date will be two Business Days prior tothe date for redemption of Units on Maturity Date. No separate notice will be issued by the AMC informing about Maturity Record Date. However, the Fund reserves the right to change the record date for maturity by issue of suitable notice.
Study about Benchmark Index in details
Fund Managers of Axis Nifty AAA Bond Financial Services-Mar 2028 Index Fund
1) Hardik Shah
Education: Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience: Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
AMC
Axis Asset Management Company Ltd.
Address: 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai – 400013
Website: http://www.axismf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Axis Nifty AAA Bond Financial Services-Mar 2028 Index Fund @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of Nifty AAA Financial Services Bond Mar 2028
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | — | — | — | — | — |
| Total Return | — | — | — | — | — |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | — | — | — |
| Beta (NIFTY 50) | — | — | — |
| Correlation (NIFTY 50) | — | — | — |
Fundamentals
| P/E | P/B | Dividend Yield |
| — | — | — |
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Hardik Shah
| Fund | Axis Balanced Advantage Fund | It’s Benchmark | Axis Corporate Bond Fund | It’s Benchmark |
| 1 Year | 10.41 | 4.47 | 7.89 | 7.42 |
| 3 Year | 11.88 | 10.83 | 6.30 | 6.40 |
| 5 Year | 11.05 | 12.91 | 6.49 | 5.55 |
| 7 Year | 9.73 | 11.01 | 6.81 | 6.29 |
| 10 Year | — | — | — | — |
As on 21-2-2025
Note on Fund Managers’ performance:
X
[ C ] My review
X
Is it good to invest in Axis Nifty AAA Bond Financial Services-Mar 2028 NFO?
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