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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹410 Cr

Lock In Period

N/A

Expense Ratio

0.5

Benchmark

CRISIL Composite Bond Fund Index

Exit Load

Nil

Summary

Latest details for Axis Fixed Term Plan - Series 97 Growth include a ₹12.0234 NAV as of Sep 30,2021 and returns since inception of 20.58%. Minimum investments start at SIP ₹0. The Axis Fixed Term Plan - Series 97 Growth AUM is ₹410 Cr, with a lock-in of N/A years, expense ratio of 0.5%, and benchmark CRISIL Composite Bond Fund Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.24% returns, against a category average of -1.53% and a category best of 4.54%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.24-1.534.54
6M2.250.3212.55
1Y6.432.8616.20
3Y6.449.3836.71

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2021-09-30
View allocation % by

1. Clearing Corporation of India Ltd99.53%
2. Net Receivables / (Payables)0.47%

About Fund

Axis Fixed Term Plan - Series 97 Growth managed by Axis Mutual Fund,is a Debt - FMPscheme with Assets Under Management of ₹410 Crore. The fund benchmarks its performance against the CRISIL Composite Bond Fund Index while maintaining an expense ratio of 0.5. Under the expert guidance of Devang Shah ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Devang Shah

Mr. Devang holds B.Com, A.C.A. He has over 10 years of experience as Fund Manager. Prior to joining Axis Mutual Fund, he has worked with ICICI Prudential Asset Management Company Limited (April 2008 - October 2012) as Fund Manager, Deutsche Asset Management (India) Pvt. Ltd. (2006-2008) as Analayst, Pricewaterhouse Coopers (2004-2006)as Assistant Manager.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSBI Fixed Maturity Plan (FMP) - Series 12 Growth0111.85 CR0.45
This FundSBI Debt Fund Series - C - 14 Growth0203.5 CR0.43
This FundAxis Fixed Term Plan - Series 97 Growth0409.96 CR0.5
Fund Name1Y3Y
This FundSBI Fixed Maturity Plan (FMP) - Series 12 Growth4.106820.5388
This FundSBI Debt Fund Series - C - 14 Growth5.677520.5718
This FundAxis Fixed Term Plan - Series 97 Growth6.431920.5813

FAQs

Axis Fixed Term Plan - Series 97 Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Axis Fixed Term Plan - Series 97 Growth is 0.5. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Axis Fixed Term Plan - Series 97 Growth’s fund performance is as follows:
  • 1 Month : 0.24%
  • 6 Months : 2.25%
  • 1 Year : 6.43%
  • 3 Years : 6.44%
Returns of Axis Fixed Term Plan - Series 97 Growth are updated daily based on NAV of ₹ 12.0234 as on Sep 30,2021. Since inception, the return has been 20.58%.

You can invest in Axis Fixed Term Plan - Series 97 Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Axis Fixed Term Plan - Series 97 Growth is ₹410 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Axis Fixed Term Plan - Series 97 Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500