Debt Gilt Moderate Risk Fund Managers: Devang Shah, Sachin Jain
Debt Gilt Moderate Risk
The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Gilt | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | -0.01% | 1.03% | 0.4% | 1.06% | 1.58% | 6.59% | 6.85% | 6.38% | 5.58% | 6.86% | 6.94% |
| Category returns | 0.14% | 0.71% | -0.2% | -0.14% | 0.2% | 5.43% | 5.85% | 5.77% | 5.09% | 6.59% | N/A |
| Absolute returns | -0.01% | 1.03% | 0.4% | 1.06% | 1.58% | 13.64% | 22.02% | 28.17% | 31.23% | 94.16% | 159.88% |
| Rank within category | 13 | 5 | 5 | 5 | 5 | 4 | 3 | 4 | 5 | 8 | N/A |
| Total Schemes in Category | 23 | 23 | 23 | 23 | 22 | 21 | 21 | 19 | 19 | 19 | N/A |
| Gilt | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | 13.74% | 1.43% | 5.27% | 11.99% | 13.12% | 2.37% | 2.37% | 7.06% | 9.99% | 5.21% | 0.61% |
| Q1 returns | 2.69% | -0.31% | 0.82% | 1.71% | 3.8% | -0.64% | 0.34% | 1.5% | 3.16% | 2.92% | -0.99% |
| Q2 returns | 2.4% | 2.83% | -1.52% | 4.65% | 4.33% | 1.12% | -0.9% | 2.27% | 2.04% | 1.26% | 1.62% |
| Q3 Returns | 5.39% | 0.65% | 1.88% | 3.93% | 1.25% | 1.91% | 1.86% | 0.92% | 3.7% | -0.05% | N/A |
| Q4 Returns | 2.63% | -1.7% | 4.07% | 1.24% | 3.15% | -0.02% | 1.07% | 2.2% | 0.76% | 1% | N/A |
Expense ratio: 0.83%
Inclusive of GST
Exit load
Nil
| Alpha | -0.0430936 |
| Beta | 0.9377 |
| Sharpe Ratio | 0.0289354 |
| Sortino Ratio | 0.0604448 |
| R-Squared | 0.6998 |
| Tracking Error | 0.4692 |
| Downside Risk | 3.9332 |
| Std. Deviation (Annualised) | 2.9611 |
| Gilt | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Gilt Fund - Growth | 0.1% | 0.8% | 0.71% | 1.39% | 2.88% | 7.07% | 6.23% | 7.53% | 9.22% | 8,858.44 | 1.10 | 0.06 | Moderate |
| Bandhan Gilt Fund - Regular Plan - Growth | 1.24% | 2.47% | 2.77% | 2.54% | 2.29% | 6.89% | 5.63% | 7.46% | 7.7% | 1,852.66 | 1.15 | 0.02 | Moderately High |
| Axis Gilt Fund - Regular Plan - Growth Current | -0.01% | 1.03% | 0.4% | 1.06% | 1.58% | 6.85% | 5.58% | 6.86% | 6.94% | 447.40 | 0.83 | 0.03 | Moderate |
| UTI Gilt Fund - Regular Plan - Growth | 0.86% | 2.32% | 2.64% | 2.44% | 2.95% | 6.8% | 5.67% | 7.37% | 8.01% | 542.54 | 0.90 | 0.02 | Moderate |
| Baroda BNP Paribas Gilt Fund - Regular Plan - Growth | -0.23% | 0.43% | -0.24% | -0.26% | 0.79% | 6.54% | 5.33% | 6.14% | 6.24% | 807.60 | 0.45 | 0.02 | Moderate |
| SBI Gilt Fund - Regular Plan - Growth | -0.17% | 0.96% | 0.35% | 0.76% | 0.86% | 6.39% | 5.75% | 7.5% | 7.79% | 9,628.70 | 0.96 | 0.00 | Moderate |
| DSP Gilt Fund - Regular Plan - Growth | -0.11% | 0.35% | -0.87% | -0.27% | -0.07% | 6.22% | 5.45% | 7.24% | 8.89% | 1,278.92 | 1.13 | -0.02 | Moderate |
| HDFC Gilt Fund - Growth | -0.18% | 0.53% | -0.07% | 0.2% | 0.78% | 6.15% | 5.18% | 6.19% | 7.2% | 2,290.23 | 0.93 | -0.03 | Moderate |
| Invesco India Gilt Fund - Regular Plan - Growth | 0.24% | 0.33% | -0.24% | -0.52% | -0.41% | 6% | 4.81% | 6.1% | 5.9% | 176.63 | 1.25 | -0.04 | Moderate |
| Nippon India Gilt Fund - Growth | 0.42% | 0.95% | -0.2% | -0.18% | -0.12% | 5.75% | 4.89% | 7.01% | 7.88% | 1,689.41 | 1.26 | -0.07 | Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Government Securities | 80.61% |
| Cash & Cash Equivalents and Net Assets | 8.33% | |
| Treasury Bills | 11.06% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| 6.9% Government of India (15/04/2065) | Government Securities | 18.06% | |
| 7.61% Government of India (09/05/2030) | Government Securities | 17.25% | |
| 7.86% Bihar State Development Loans (11/02/2039) | Government Securities | 7.83% | |
| Clearing Corporation of India Ltd | Cash & Cash Equivalents and Net Assets | 6.32% | |
| 7.24% Government of India (18/08/2055) | Government Securities | 6.31% | |
| 91 Days Tbill (MD 11/06/2026) | Treasury Bills | 5.53% | |
| 7.53% Tamilnadu State Development Loans (28/01/2037) | Government Securities | 5.50% | |
| 7.44% Karnataka State Development Loans (25/02/2036) | Government Securities | 5.50% | |
| 7.34% Government of India (22/04/2064) | Government Securities | 5.29% | |
| 7.09% Government of India (05/08/2054) | Government Securities | 5.16% | |
| 364 Days Tbill (MD 04/06/2026) | Treasury Bills | 3.32% | |
| 7.49% Haryana State Development Loans (27/03/2035) | Government Securities | 3.27% | |
| 182 Days Tbill (MD 11/06/2026) | Treasury Bills | 2.21% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 2.00% | |
| 6.48% Government of India (06/10/2035) | Government Securities | 1.08% | |
| 7.46% Government of India (06/11/2073) | Government Securities | 1.07% | |
| 6.76% Maharashtra State Development Loans (23/04/2037) | Government Securities | 0.88% | |
| 7.43% Maharashtra State Development Loans (03/12/2040) | Government Securities | 0.69% | |
| 6.68% Government of India (07/07/2040) | Government Securities | 0.56% | |
| 7.39% Chhatisgarh State Development Loans (13/03/2033) | Government Securities | 0.52% | |
| 7.18% Government of India (14/08/2033) | Government Securities | 0.45% | |
| 7.05% Andhra Pradesh State Development Loans (01/09/2035) | Government Securities | 0.43% | |
| 7.09% Government of India (25/11/2074) | Government Securities | 0.29% | |
| 6.79% Government of India (07/10/2034) | Government Securities | 0.25% | |
| 6.33% Government of India (05/05/2035) | Government Securities | 0.21% | |
| Total | 100.00% |
Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
RETURNS
It is an Open ended scheme that primarily invests in Gilt.
The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.
The scheme benchmark is the CRISIL Dynamic Gilt Index
It is classified as Moderate Risk, suitable for investors with a Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 1.58%
3-year: 6.85%
5-year: 5.58%
Top holdings include names such as:
The NAV is around ₹25.99 (approx.) for the Axis Gilt Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹447 Cr.
The expense ratio for the Regular Plan is 0.83.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹5000. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Devang Shah, Sachin Jain
This fund is suitable for investors with a Moderate risk tolerance.
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