Axis Gilt Fund
NAV
₹28.36
as of 6 Oct 2026
Axis Gilt Fund is an open-ended Gilt Fund scheme from Axis Mutual Fund managing ₹341 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹28.36 as of 6 Oct 2026. The expense ratio is 0.46% a year. Managed by Devang Shah. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.46% / yr
- as of 31 Aug 2026
- Fund size
- ₹341 crore
- as of 31 Aug 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 23 Jan 2012
- ISIN
- INF846K01DD4
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026
Axis Gilt Fund
₹133
+33% on ₹100 over 5.0 yrs
Gilt Fund average
₹128
+28% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -1.36% | – | – |
| 6 months | 2.67% | – | – |
| 1 year | 3.17% | – | – |
| 3 years (CAGR) | 7.22% | – | – |
| 5 years (CAGR) | 5.90% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 0.4%
- Median
- 6.3%
- Best
- 13.0%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Apr 2025. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 6.7%
- Median
- 7.4%
- Best
- 9.1%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Jun 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.24
- Sharpe ratio (5Y)
- 0.07
- Sortino ratio (3Y)
- 0.37 vs category 0.08
- Standard deviation (3Y)
- 3.71%
- Deepest fall (5Y)
- -2.51%
Where the money actually is
Bonds
93.9%
Cash
6.1%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
23 positions · top 10 = 88.3%
Top holdings
- 6.94% Govt Stock 2036matures 11 May 203641.81%
- 7.24% Govt Stock 2055matures 18 Aug 205516.96%
- 7.09% Govt Stock 2054matures 5 Aug 20546.93%
- State Government Of Biharmatures 11 Feb 20395.94%
- 7.71% Govt Stock 2066matures 18 May 20665.93%
- Clearing Corporation Of India Ltd5.69%
- 7.49% Haryana Sgs 2035matures 27 Mar 20354.32%
- Tbillmatures 2 Oct 20262.92%
- 7.34% Govt Stock 2064matures 22 Apr 20642.81%
- Net Receivables / (Payables)2.50%
Holdings as of 31 Aug 2026. Portfolio turnover 1102.6% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 7.25% vs category 7.01%
- Modified duration
- 8.98 yrs vs category 7.72 yrs
- Average maturity
- 22.64 yrs vs category 17.26 yrs
- Average coupon
- 7.17%
- Government securities
- 93.9%
Credit quality
- AAA
- 100.0%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Jul 2026.
Portfolio characteristics as of 31 Aug 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- −₹300 cr
- Net flow, 3 months
- −₹93 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis Gilt Fund?
- ₹28.36 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis Gilt Fund?
- 0.46% a year for the Direct plan, as of 31 Aug 2026.
- How large is Axis Gilt Fund?
- ₹341 crore under management as of 31 Aug 2026, in the Gilt Fund category.
- How risky is Axis Gilt Fund?
- Its SEBI Riskometer reading is "Moderate Risk". Government bonds and interest-rate positioning, from medium to very long.
- What are the 5-year returns of Axis Gilt Fund?
- 5.90% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of Axis Gilt Fund?
- 6.7% a year – the weakest of 25 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Axis Gilt Fund?
- Devang Shah, managing this fund for 13.8 years.
Where this fund sits
Its shelf, all funds
Gl · Gilt & duration →
Government bonds and interest-rate positioning, from medium to very long.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Gilt Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.