NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Axis All Seasons Debt Fund of Funds Growth for NRI [12.91]

Min Investment

100

Fund Size

172.62 Cr

Expense Ratio

0.6%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

12.91

0.08%

NAV as on 29 Apr 24, 12:00 AM

moderately high risk

fund of funds

debt

NAV as on 29 Apr 24, 12:00 AM

moderately high risk

fund of funds

debt

6.17%p.a.

Last 1Y

5.30%p.a.

Last 3Y

0.00%p.a.

Last 5Y

6.43%p.a.

Since Inception

About Axis All Seasons Debt Fund of Funds Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis All Seasons Debt Fund of Funds Growth scheme from Axis Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Jan 2020, Axis All Seasons Debt Fund of Funds Growth is Fund of Funds fund of its category with 172.62 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.

  • Axis All Seasons Debt Fund of Funds Growth delivered 6.2% annual returns during the last year. It has delivered 6.4% average annual returns since the fund was launched.
  • Axis All Seasons Debt Fund of Funds Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes.

Top 10 Holdings

HDFC Long Duration Debt Dir Gr

15.31%

Bandhan Gov Sec-Constant Mat Dir Gr

14.17%

SBI Magnum Constant Mat Dir Gr

13.90%

Axis Long Duration Dir Gr

11.86%

ICICI Pru Medium Term Bond Dir Gr

10.62%

HDFC Nifty G-Sec Jun 2036 Dir Gr

9.49%

SBI Nifty 10 yr Benchmark G-Sec ETF

9.13%

Axis Strategic Bond Dir Gr

4.53%

ICICI Pru Const Mat Gilt Dir Gr

4.04%

SBI CRISIL IBX Gilt Idx Jun36 Dir Gr

1.86%

Fund Managers

  1. Devang Shah (Feb 2023 - Present)
  2. Hardik Shah (Apr 2024 - Present)
  3. Anagha Darade (Apr 2024 - Present)

Key Information

View Scheme Document

Axis All Seasons Debt Fund of Funds Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Axis All Seasons Debt Fund of Funds Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Axis All Seasons Debt Fund of Funds Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis All Seasons Debt Fund of Funds Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions