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Axis Banking Debt Fund (MD)

PLAN: Regular OPTIONS: Monthly Dividend
1,006.970 0.8 (0.08%)

NAV as on 06 Jul, 2015

CRISIL MF RANK

Scheme Risk Grade

  LOW RISK

LOW RISK

  • For investors looking at income with capital growth over short term.
  • Ideal for anyone looking for a fixed and safe source of income.
FUND FAMILY : Axis Mutual Fund FUND CLASS : Ultra Short Term Debt
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ranking by CRISIL

Good performance in the category

The scheme is ranked 2 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2015) rank unchanged from last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.

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Returns (NAV as on 06 Jul, 2015)

Period Returns (%) Rank #
1 mth 0.7 81
3 mth 2.1 85
6 mth 4.4 79
1 year 8.9 92
2 year 9.0 91
3 year 9.0 38
5 year - -

# Moneycontrol Rank within 195 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2015 0.2 -0.4 - - -
2014 - - -0.1 - -
2013 -0.1 - - -0.1 0.2
2012 - - -0.1 -0.1 0.1

View where it stands within its peers

* Returns over 1 year are Annualised

Performance

Fund returns v/s Category average (Ultra Short Term Debt)

* Returns over 1 year are Annualised
  1 mth (%) 3 mth (%) 6 mth (%) 1 yr (%) 2 yr (%) 3 yr (%) 5yr (%)
Fund Returns 0.7 2.1 4.4 8.9 9.0 9.0 --
Category avg 0.6 1.9 3.6 7.9 8.0 7.7 7.1
Difference of Fund returns and Category returns 0.1 0.2 0.8 1.0 1.0 1.3 --
Best of category 0.9 2.4 5.2 13.8 10.1 9.9 9.6
Worst of category -1.4 1.0 -43.1 -40.7 0.3 0.2 -0.3
Axis Banking Debt Fund (MD) Review by Crisil - Rating: 4 (Rank 2 out of 5)

Investment Info

Investment Objective

To generate stable returns by investing predominantly in debt & money market instruments issued by banks.

Scheme details

Fund Type Open-Ended
Investment Plan Dividend
Launch date Jun 07, 2012
Benchmark CRISIL Short Term Bond Fund
Asset Size (Rs cr) 353.13 (Mar-31-2015)
Minimum Investment Rs.5000
Last Dividend Rs.5.33 (Jun-25-2015)
Bonus N.A.
Fund Manager Kedar Karnik
View performance of schemes managed by the Fund Manager
Notes N.A

Load Details

Entry Load N.A
Exit Load 0.00%
Load Comments N.A.

Contact Details

Regd. Office Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai, 400025
Tel. No. 022 - 43255161
Fax No. 022 43255199
Email customerservice@axismf.com
Website http://www.axismf.com

Peer Comparison

Ultra Short Term Debt Crisil Rank Assets (Rs.cr)
3mth (%) 6mth (%) 1yr (%) 3yr (%) 5yr (%)
ICICI Pru Flexi Inc -Retail (G) Not Ranked
82.04 1.9 4.0 8.2 8.5 8.3
Reliance Money Mgr-RP (G) Not Ranked
223.36 2.0 4.2 8.4 8.8 8.6
Reliance Money Mgr - IP (G) Rank 3
5,516.16 2.1 4.3 8.7 9.1 9.0
ICICI Pru Flexi Income (G) Rank 3
6,496.79 2.1 4.4 9.1 9.4 9.2
ICICI Pru Flexi Income -Direct (G) Not Ranked
5,300.13 2.2 4.5 9.2 -- --
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (May 29, 15)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments / CD 671.46 90.63
Oriental Bank of Commerce (25/02/2016) CRISIL A1+ 111.26 15.02
Indusind Bank Ltd (26/02/2016) CRISIL A1+ 105.02 14.17
ICICI Bank Ltd (23/02/2016) [ICRA]A1+ 75.45 10.18
Andhra Bank (18/02/2016) CARE A1+ 70.81 9.56
Canara Bank (22/02/2016) CRISIL A1+ 70.77 9.55
Canara Bank (25/02/2016) CRISIL A1+ 51.87 7.00
ICICI Bank Ltd (18/02/2016) [ICRA]A1+ 47.21 6.37
Punjab & Sind Bank (14/03/2016) [ICRA]A1+ 32.88 4.44
Andhra Bank (04/03/2016) CARE A1+ 23.53 3.18

Full Portfolio

Sector Allocation (May 29, 15)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(May 29, 15)

Equity 0.00
Others 0.00
Debt 8.81
Mutual Funds N.A
Money Market 90.63
Cash / Call 0.56

View All

Concentration

Holdings (%)
Top 5 139.56
Top 10 170.10
Sector (%)
Top 3 N.A.

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