3 Year return

Launched on January 2013 (11 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹353.85 Cr.

Expense Ratio

0.38% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings


Axis Mutual Fund Managers


Devang Shah

Fund Manager since Jun 2017

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Gilt Fund Direct Plan Growth

The Axis Gilt Fund Direct Plan Growth is a mutual fund offered by Axis Mutual Fund. This particular fund falls within the category of Gilt funds. The Axis Gilt Fund Direct Plan Growth is an open-ended fund. Being open-ended, you have the flexibility to buy and sell units of the fund on any business day. This offers liquidity and convenience, allowing you to make investment decisions based on your financial needs and market conditions. The fund's expense ratio is lower than the category average. This means that the fund charges lower fees, which can help improve your returns.

Investment Objective of the Scheme

The primary objective of the Axis Gilt Fund Direct Plan Growth is to generate returns by investing primarily in government securities issued by the central and state governments. The fund aims to provide investors with a safe and stable investment avenue by investing in securities that are backed by the government's creditworthiness.

Key Features of The Fund

5-year return 7.66%
Expense Ratio 0.38%
Fund Manager Devang Shah
Fund Size ₹353.85 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

This fund could be suitable for investors who are seeking a low-risk investment option while aiming to preserve capital. It might appeal to individuals who prefer a conservative investment approach and are willing to sacrifice potentially higher returns for greater safety. Investors who prioritize capital preservation over aggressive growth might find this fund interesting. It is important to do your own research before investing in any mutual fund. You should consider your individual financial situation and risk tolerance before making a decision.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Start Investing Early with SIPs

SIPs make mutual fund investing accessible. With a small, fixed amount, you can begin your investment journey and benefit from the power of compounding over time. Use Angel One's SIP calculator to determine a comfortable investment amount to reach your financial goals.


What is today's NAV of Axis Gilt Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Gilt Fund Jun 21 2024 is 24.9552

What is the AUM of Axis Gilt Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Gilt Fund is 353.85 crore.

What is the expense ratio of Axis Gilt Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Gilt Fund is 0.38%

What are the returns of Axis Gilt Fund since inception?

The Axis Gilt Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.67 since inception.

What is the minimum SIP amount to invest in Axis Gilt Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Gilt Fund is 1000.

How do I invest in Axis Gilt Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Gilt Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Gilt Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Gilt Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.