Axis US Specific Treasury Dynamic Debt Passive FOF Direct Growth NAV today
AMFI: 152240ISIN: INF846K017T9MUTF_IN: AXIS_US_SPCF_GLK6T8Axis Mutual FundOverseas Fund of Funds
Formerly Axis US Treasury Dynamic Bond ETF Fund of Fund
NAV ₹12.0282down ₹0.01 (0.11%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Regular IDCW ₹12.0110 · Regular Growth ₹12.0110, −0.11% · Direct IDCW ₹12.0272
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹36 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.09%22 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- 0.25%if sold within 1 month
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 130 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 22 Dec 2023
Axis US Specific Treasury Dynamic Debt Passive FOF returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | Regular Growth |
|---|---|---|
| 1 week | +1.41% | +1.41% |
| 1 month | +1.03% | +1.02% |
| 3 months | −2.34% | −2.36% |
| 6 months | −1.48% | −1.51% |
| 1 year | +5.07% | +5.01% |
| 3 years | Needs 3 years | – |
₹10,000 put in on 27 Dec 2023 is ₹11,993 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate.
At the month end, 30 Sep 2026
| Over | Fund |
|---|---|
| 1 year | +3.96% |
| Since launch | +6.36% |
As the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2025, +13.7%; lowest year to Dec 2024, +3.2%
Axis US Specific Treasury Dynamic Debt Passive FOF SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 27 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. SIP return (XIRR) in the glossary | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,20,511₹1,20,505 after stamp duty | +0.81% | +0.80% | ₹6 | |
| Since Dec 202334 instalments | ₹3,40,000 | ₹3,75,465₹3,75,446 after stamp duty | +7.00% | +6.99% | ₹17 |
3 years: Launched 22 Dec 2023, needs 3 years of history.
A SIP that rises every year: Step-up SIP calculator
Rolling returns
Per cent a year, every window from 27 Dec 2023 to 27 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The lowest yearly return of any window of this length in the fund's history, one window starting on each day it priced. Lowest rolling return in the glossaryAverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history. Average rolling return in the glossaryHighestHighest rolling return. The highest yearly return of any window of this length in the fund's history. Highest rolling return in the glossaryEnded higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started. Windows that ended higher in the glossary
1 year448 windows+2.3%+10.0%+17.7%100.0%
3 yearsLaunched 22 Dec 2023, needs 4 years of history
Every 1-year window ended higher than it started.
Axis US Specific Treasury Dynamic Debt Passive FOF expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.06 ptsA year, on 22 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.09%Over the last 30 days filed
- Regular, 30-day average
- 0.15%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.10%, Apr 2025.Direct plan at its lowest since Dec 2023 in the latest month.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.08% | 0.13% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.01% | 0.02% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
If redeemed / switched-out within 1 month from the date of allotment:0.25% If redeemed/switched-out after 1 month from the date of allotment: Nil
Buying and selling
- Lump-sum purchases
- Not accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹500
- Minimum top-up
- ₹100
- Minimum redemption
- ₹1
- SIP
- Not accepted
- SIP instalments, at least
- Daily/Weekly/Monthly - 6. Yearly -3
- SIP dates
- Except 29,30 and 31 all dates
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
- SIP minimum
- Daily/Weekly/Monthly - 100 and Yearly 12,000
As listed for this plan on 29 Oct 2026.
How Axis US Specific Treasury Dynamic Debt Passive FOF is taxed
Gains on units held over 24 months are taxed at 12.5%, with no yearly exemption; gains on units held 24 months or less at the income tax slab rate.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.
Axis US Specific Treasury Dynamic Debt Passive FOF AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹39 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 62.7%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹98 Cr, quarter to Jun 2024.
Assets at each month end
Highest ₹62 Cr, Dec 2024.The latest month end is the lowest since Dec 2024.
Axis US Specific Treasury Dynamic Debt Passive FOF portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|
| iShares USD Treasury Bond 7-10yr UCITS ETF | 99.77% | 36.28 | 25,600 | Dec 2023or earlier |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Clearing Corporation of India Ltd | 1.32% | 0.48 |
| Net Receivables / (Payables) | −1.09% | −0.40 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Units of other funds99.77%
- Cash and receivables0.23%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 1
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 1.10%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| iShares USD Treasury Bond 7-10yr UCITS ETF | Trimmed | 99.77% | 98.67% | +1.10 pts | −550 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 7-10yr UCITS ETF | 98.31%Cut | 98.56% | 97.76%Cut | 97.97% | 98.09% | 98.32% | 98.37% | 98.40% | 98.46% | 98.62% | 98.67% | 99.77%Cut |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 27 Oct 2026
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves. Standard deviation in the glossary4.68%
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary3.42%
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV. Sharpe ratio in the glossary−0.26
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down. Sortino ratio in the glossary−0.30
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| 1 year and since Dec 2023 | −5.14% | 17 Jul 2026 | 14 Oct 2026 | Not yet |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Aug 20261 month | Very High | Very HighBloomberg US Intermediate Treasury TRI |
| Mar 2025 to Jun 202616 months | Very High | Very HighBloomberg US Intermediate Treasury TRI |
| Nov 2024 to Feb 20254 months | Very High | Bloomberg US Intermediate Treasury TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Axis US Specific Treasury Dynamic Debt Passive FOF fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Krishnaa NPrimary/Foreign Securities | Mar 2024 | +7.88%a year | – | – | 12.0% | – | 5 | ₹7,631 Cr₹7,631 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Axis Greater China Equity Fund of FundKrishnaa N | Mar 2024 | +23.07%a year | – | – | ₹3,962 Cr |
| Axis Global Equity Alpha Fund of FundKrishnaa N | Mar 2024 | +20.37%a year | – | – | ₹2,482 Cr |
| Axis Global Innovation Fund of FundKrishnaa N | Mar 2024 | +19.57%a year | – | – | ₹927 Cr |
| Axis NASDAQ 100 US Specific Equity Passive FOFKrishnaa N | Mar 2024 | +25.34%a year | – | – | ₹223 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The primary investment objective of the Scheme is to provide regular income by investing in units of overseas Index Funds and /or ETFs where the investment mandate is to invest in US treasury securities across duration. There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Units of overseas Index Funds and/or ETFs wherein the underlying investments comprise of US treasury securities - 95%-100%, Debt and Money market instruments: 0%-5%
Type of scheme
An open ended fund of funds investing in overseas Index Funds and/or ETFs wherein the underlying investments comprise of US treasury securities across duration.
- Stated category
- Overseas Fof- Country specific Debt FoF
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- Bloomberg US Intermediate Treasury TRI
- Risk level at launch
- Very High
- New fund offer
- 12 Dec 2023 to 21 Dec 2023
- Units first allotted
- 22 Dec 2023
- Open for sale again
- 27 Dec 2023
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹500
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 152240 | INF846K017T9 | AXIS_US_SPCF_GLK6T8 | 27 Dec 2023 | |
| Regular Growth | 152239 | INF846K013T8 | AXIS_US_SPCF_N15J6W | 27 Dec 2023 | |
| Direct IDCW | 152241 | INF846K018T7 | INF846K019T5 | AXIS_US_SPCF_NBZEDZ | 27 Dec 2023 |
| Regular IDCW | 152238 | INF846K014T6 | INF846K016T1 | AXIS_US_SPCF_13TMVFT | 27 Dec 2023 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Axis Fund Factsheet September - 2026Axis Mutual Fund, Sep 2026
Statement of additional information
- SAI Axis Mutual FundAxis Mutual Fund, Oct 2026
Annual report
- Axis Mutual Fund Annual Report FY 2025-26Axis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set3 Other ETFAxis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set 1-DebtAxis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set 2 EquityAxis Mutual Fund, Mar 2026
Riskometer disclosure
- Pursuant to SEBI circular - Riskometer FY 2025-26Axis Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap 30 Sep 2026Axis Mutual Fund, Sep 2026