MonitorDirect · GrowthWatch before adding
Axis Gilt Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Gilt Fund13.8 years
- NAV
- 28.2449
- 30 Oct 2026
- 1Y
- +3.1%
- Trailing CAGR
- AUM
- ₹336.4 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 61% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Edelweiss Gilt Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.46% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -11.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
61% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 86.9% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.1%
- 3Y+6.9%
- 5Y+5.9%
- 10Y+6.7%
- SI+7.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.4%
- 3Y+4.8%
- 5Y+5.9%
- 10Y+6.6%
- Since inception
- +7.3%
- Calendar-day CAGR
- Excess 1Y
- +1.8%
- Category median, same plan and option
- 3Y win rate
- +61%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +4.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.0%
- 2628 daily-ending windows
- Median rolling 3Y
- +7.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2145 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -11.1%
- Worst peak-to-trough
- Current
- -1.9%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +80%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 10 days
- 241 recovered episodes
- Longest recovery
- 395 days
- Trough to prior peak
27 May 2013 – 18 Sept 2014
Trough 19 Aug 2013 · recovered in 395 days
-11.1%
24 Nov 2016 – 20 Jun 2017
Trough 10 Mar 2017 · recovered in 102 days
-5.1%
6 Sept 2017 – 5 Apr 2018
Trough 22 Feb 2018 · recovered in 42 days
-4.0%
5 Apr 2018 – 13 Nov 2018
Trough 15 May 2018 · recovered in 182 days
-3.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
62
Consistency
58
Risk-adjusted
43
Drawdown
72
Mean
67
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- AUM fell by 30% or more versus the prior observation.
Supporting reads
- The fund beat the category median in 61% of rolling 3-year windows.
- Three-year return is above the category median.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 26 holdings · top 10 are 86.9%.
- Top 5
- 66.8%
- Top 10
- 86.9%
- Largest holding
- 34.0%
- Effective holdings
- 6.4
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
34.0%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100
Entities
11.1%
GOVERNMENT OF INDIA 36814 364 DAYS TBILL 10DC26 FV RS 100
Financial
7.4%
91 DAYS TBILL RED 10-12-2026
Financial
7.4%
GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100
Entities
7.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Edelweiss Gilt Fund
Edelweiss Mutual Fund
- 1Y
- +0.9%
- 3Y
- +5.8%
- Vol
- 3.1%
- Max DD
- -3.3%
- Sharpe
- 0.28
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
UTI - Gilt Fund
UTI Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.3%
- Vol
- 3.8%
- Max DD
- -8.1%
- Sharpe
- 0.52
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Aditya Birla Sun Life Gilt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.9%
- 3Y
- +5.4%
- Vol
- 4.3%
- Max DD
- -10.8%
- Sharpe
- 0.51
- 3Y win
- +84%
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
BARODA BNP PARIBAS GILT FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.1%
- 3Y
- +6.4%
- Vol
- 3.6%
- Max DD
- -6.7%
- Sharpe
- 0.42
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Canara Robeco Gilt Fund
Canara Robeco Mutual Fund
- 1Y
- +1.8%
- 3Y
- +5.8%
- Vol
- 3.9%
- Max DD
- -7.8%
- Sharpe
- 0.43
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns