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Axis Banking Debt Fund (WD)

PLAN: Regular OPTIONS: Weekly Dividend
1,005.493 0.05 (0.00%)

NAV as on 29 Apr, 2016

CRISIL MF RANK

Riskometer

MODERATELY LOW

MODERATELY LOW

  • Principal at moderately low risk.
FUND FAMILY : Axis Mutual Fund FUND CLASS : Ultra Short Term Debt
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ranking by CRISIL

Very Good performance in the category

The scheme is ranked 1 in Ultra Short Term Debt category by Crisil (for quarter ended Dec 2015) rank unchanged from last quarter. If you are already invested in this scheme, you may continue to stay invested.

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Returns (NAV as on 29 Apr, 2016)

Period Returns (%) Rank #
1 mth 1.0 42
3 mth 2.2 90
6 mth 4.0 93
1 year 8.5 92
2 year 8.8 89
3 year 8.8 88
5 year - -

# Moneycontrol Rank within 201 Ultra Short Term Debt Schemes.

Absolute Returns (in %)

Year Qtr 1 Qtr 2 Qtr 3 Qtr 4 Annual
2016 0.4 - - - -
2015 0.2 - 0.1 -0.2 -
2014 0.1 - - - -
2013 -0.1 0.3 - - 0.3
2012 - - 0.2 - -

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 1.0 2.2 4.0 8.5 8.8 8.8 --
Category avg 0.8 2.1 3.7 7.8 7.7 7.8 7.5
Difference of Fund returns and Category returns 0.2 0.1 0.3 0.7 1.1 1.0 --
Best of category 1.2 2.6 4.8 10.0 11.3 10.0 9.9
Worst of category 0.5 1.3 2.8 -1.7 -19.9 5.0 0.7
Axis Banking Debt Fund (WD) Review by Crisil - Rating: 5 (Rank 1 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) 134.16 (Dec-31-2015)
Minimum Investment Rs.5000
Last Dividend Rs.0.98 (Feb-29-2016)
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 Income (G) Rank 3
8,490.87 2.3 4.2 8.8 9.3 9.4
HDFC CMF-Treasury Advan. - RP (G) Rank 4
8,216.85 2.2 3.7 7.7 8.1 8.3
ICICI Pru Flexi Income -Direct (G) Not Ranked
7,541.35 2.4 4.2 8.9 9.4 --
Birla SL Saving Fund - IP (G) Rank 3
5,729.77 2.5 4.4 9.0 9.4 9.5
Birla SL Saving Fund (DAP) Not Ranked
0.00 2.5 4.3 9.0 9.2 9.0
* Returns over 1 year are Annualised More »

Portfolio

Top Holdings (Feb 29, 16)

Money Market Rating Value
(Rs cr)
Asset %
Money Market Instruments / CD 510.95 81.37
IDBI Bank Limited (17/02/2017) CRISIL A1+ 62.10 9.89
State Bank of Hyderabad (24/02/2017) [ICRA] A1+ 62.08 9.89
ICICI Bank Limited (22/02/2017) [ICRA] A1+ 60.16 9.58
Kotak Mahindra Bank Limited (24/02/2017) CRISIL A1+ 60.13 9.58
Vijaya Bank (03/03/2016) CARE A1+ 59.98 9.55
Oriental Bank of Commerce (03/03/2016) CRISIL A1+ 49.98 7.96
Punjab & Sind Bank (14/03/2016) [ICRA] A1+ 40.89 6.51
Andhra Bank (01/03/2016) CARE A1+ 25.00 3.98
Bank of Maharashtra (03/03/2016) CRISIL A1+ 24.99 3.98

Full Portfolio

Sector Allocation (Feb 29, 16)

Sector %

1-Year

HighLow

No Sector Data Available

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Asset Allocation (%)(Feb 29, 16)

Equity 0.00
Others 0.00
Debt 17.15
Mutual Funds N.A
Money Market 81.37
Cash / Call 1.48

View All

Concentration

Holdings (%)
Top 5 120.31
Top 10 152.29
Sector (%)
Top 3 N.A.

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