Axis Gilt Fund Direct Plan-Growth

Q: What are the returns of this mutual fund scheme?

The Axis Gilt Fund Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 7.47% since inception. Axis Gilt Fund Direct Plan-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.52% 7.39% 5.87% 7.61% 7.47%

Q: How much does this mutual fund charge as expense ratio?

The Axis Gilt Fund - Direct Growth has an expense ratio of 0.42% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹27.4481-0.47% 1 day change	7.47% p.a.	App exclusive #NA View Ranked Funds	₹686 Cr

Historical NAV & returns

NAV: ₹27.4481 as on Feb 02, 2026

This fund Category average

Axis Gilt Fund overview

Expense ratio	0.42% as on Jan 29, 2026
Exit load	0%
AUM (Fund size)	₹686 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	CRISIL Dynamic Gilt Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Gilt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.26%	-0.4%
3 Months	0.09%	-0.06%
6 Months	0.13%	-0.38%
1 Year	4.52%	3.66%
2 Years	6.73%	6.09%
3 Years	7.39%	6.84%
4 Years	6.64%	6.29%
5 Years	5.87%	5.67%
7 Years	7.82%	7.26%
10 Years	7.61%	7.78%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 88.21703342%

Cash & Call Money 11.78296649%

Top Debt Holdings

GOI 77.25%

Others 13.38%

Reserve Bank of India 5.69%

Haryana State 2.16%

Allocation by Instruments

GOI Securities 77.23364339999999%

CBLO 13.38013909%

Treasury Bills 5.69193445%

State Development Loan 5.29145557%

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Gilt Fund	-0.26%	0.13%	4.52%	7.39%	5.87%	7.61%
SBI Gilt Fund	0.12%	0.08%	4.22%	7.15%	6.29%	8.27%
PGIM India Gilt Fund	-0.51%	-0.92%	3.33%	6.95%	5.84%	7.31%
ICICI Prudential Gilt Fund	-0.21%	0.88%	6.26%	8.03%	6.76%	8.72%
DSP Gilt Fund	-0.62%	-0.73%	3.56%	7.21%	6.1%	8.13%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Gilt Fund	3.0	0.82	0.44	0.66
SBI Gilt Fund	3.08	0.84	0.36	0.52
PGIM India Gilt Fund	2.97	0.83	0.32	0.44
ICICI Prudential Gilt Fund	1.91	0.49	0.98	1.15
DSP Gilt Fund	3.62	0.99	0.37	0.53

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Gilt Fund	N.A.	686 Cr	13 yrs 1 m	0.42%
SBI Gilt Fund	N.A.	10,817 Cr	13 yrs 1 m	0.46%
PGIM India Gilt Fund	N.A.	104 Cr	13 yrs 1 m	0.55%
ICICI Prudential Gilt Fund	N.A.	9,181 Cr	13 yrs 1 m	0.57%
DSP Gilt Fund	N.A.	1,292 Cr	13 yrs 1 m	0.57%

View all Gilt funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.11 vs. 2.03 Underperformed at beating benchmark
Sharpe	0.44 vs. 2.3 Poor risk-adjusted returns
Beta	0.82 vs. 0.54 More sensitive to market's ups & downs
Standard deviation	3.0 vs. 2.74 More volatile performance

About this fund

About Axis Gilt Fund

Axis Gilt Fund Direct Plan-Growth is a Gilt mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 13 yrs 1 m, having been launched on 01/01/2013. Axis Gilt Fund Direct Plan-Growth has ₹686 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Gilt Fund Direct Plan-Growth as of 02/02/2026 is ₹27.45. The fund has an expense ratio of 0.42%, which is close to what most other Gilt funds charge.

Axis Gilt Fund Direct Plan-Growth returns of last 1-year are 4.49%. Since launch, it has delivered 7.47% average annual returns. The fund has doubled the money invested in it every 10 yrs.
Axis Gilt Fund Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Reserve Bank of India, Haryana State, Madhya Pradesh State, Maharashtra State.

...

Fund AUM	686 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Sachin Jain

Mr. Jain is a B.Tech, AGMP (Management) Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Investment objective

The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government.

Axis Mutual Fund details

No. of schemes	70 view all schemes
Total AUM	3,65,749 Cr as on Dec 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Axis Credit Risk Fund	N.A.	368 Cr	8.92%	8.58%
Axis Strategic Bond Fund	N.A.	2,059 Cr	8.16%	8.52%
Axis Floater Fund	N.A.	151 Cr	7.08%	8.04%
Axis Corporate Bond Fund	N.A.	9,436 Cr	7.6%	7.99%
Axis Short Duration Fund	N.A.	12,708 Cr	7.81%	7.97%
Axis Income Plus Arbitrage Active FoF	N.A.	2,268 Cr	7.66%	7.92%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Gilt Fund Direct Plan-Growth?

The current Net Asset Value (NAV) of the Axis Gilt Fund - Direct Growth plan is approximately ₹27.4481 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Axis Gilt Fund Direct Plan-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 7.47% since inception.

Axis Gilt Fund Direct Plan-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.52%	7.39%	5.87%	7.61%	7.47%

How much does this mutual fund charge as expense ratio?

The Axis Gilt Fund - Direct Growth has an expense ratio of 0.42%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Axis Gilt Fund currently has assets under management (AUM) or fund size valued at approximately 686 Cr as on Dec 31, 2025.

To whom does Axis Gilt Fund lend to?

The top 3 debt holdings of Axis Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	77.25%
Others	13.38%
Reserve Bank of India	5.69%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	88.21703342%
Cash & Call Money	11.78296649%

What is risk level of Axis Gilt Fund?

This is a Gilt fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Gilt Fund Direct Plan-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Gilt Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the Axis Gilt Fund is complete.

How can I redeem my investments in Axis Gilt Fund?

Redeeming your investments in the Axis Gilt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Gilt

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Chance: This fund has generated a 7.27% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.