Should I invest in Axis Gilt Fund - Half Yearly IDCW?

We don't give personal investment advice. Axis Gilt Fund - Direct Plan - Half Yearly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.7%. 5-year CAGR: 2.11%.

Axis

Axis Gilt Fund - Direct Plan - Half Yearly IDCW

Latest NAV

₹12.2839

As of

3 Jun 2026

2,495 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.08%	+0.06%	+0.02	25 / 48	Q3
1W	+0.11%	+0.18%	-0.07	29 / 48	Q3
2W	+0.65%	+0.60%	+0.05	23 / 48	Q2
1M	+0.21%	+0.25%	-0.04	15 / 48	Q2
3M	-0.93%	-0.44%	-0.49	29 / 48	Q3
6M	+0.55%	+0.24%	+0.31	20 / 48	Q2
YTD	-0.05%	+0.12%	-0.17	24 / 48	Q2
1Y	-0.83%	-1.18%	+0.35	18 / 48	Q2
2Y	+4.06%	+2.32%	+1.74	18 / 43	Q2
3Y	+4.89%	+2.92%	+1.97	16 / 41	Q2
4Y	+4.35%	+3.17%	+1.18	16 / 36	Q2
5Y	+2.11%	+2.31%	-0.21	15 / 33	Q2
7Y	+1.88%	+2.57%	-0.69	15 / 30	Q2
10Y	+0.77%	+2.99%	-2.22	18 / 27	Q3
Inception	+2.03%	+3.38%	-1.34	27 / 48	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.05%	-0.58%	+0.53	15 / 39
2025	+4.10%	+1.34%	+2.76	14 / 38
2024	+8.59%	+5.54%	+3.05	16 / 35
2023	+3.98%	+4.18%	-0.20	20 / 35
2022	-3.14%	+0.43%	-3.57	28 / 31
2021	-5.85%	-0.22%	-5.63	31 / 31
2020	+3.64%	+5.04%	-1.40	19 / 31
2019	+2.81%	+7.33%	-4.52	21 / 26
2018	—	—	—	—
2017	—	—	—	—
2016	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.04%

104 windows

min -6.3% · max 14.5%

72% positive

3-Year rolling

+0.70%

64 windows

min -2.8% · max 6.0%

50% positive

5-Year rolling

+0.78%

65 windows

min -1.0% · max 2.2%

82% positive

7-Year rolling

+0.38%

44 windows

min -1.4% · max 2.4%

52% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.69%

3-year · annualised

Sharpe ratio

-0.45

vs risk-free 6.5%

Sortino ratio

-0.75

Downside-only deviation

Max drawdown

-3.23%

May 2025 → Apr 2026

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Gilt Fund

Scheme	Fund house	NAV	As of
HDFC Gilt Fund - IDCW Option - Direct Plan	HDFC	₹12.9019	3 Jun 2026
NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option	Nippon India	₹11.5637	3 Jun 2026
SBI Gilt Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.7535	3 Jun 2026
ICICI Prudential Gilt Fund - Direct Plan - IDCW	ICICI Prudential	₹18.1300	3 Jun 2026
Invesco India Gilt Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,174.6952	3 Jun 2026
Bandhan Gilt Fund - Direct Plan - Annual IDCW	Bandhan	₹12.2891	3 Jun 2026
quant Gilt Fund - IDCW Option - Direct Plan	Quant	₹12.2696	3 Jun 2026
Aditya Birla Sun Life Govenment Securities Fund -DIRECT - Quarterly IDCW	Aditya Birla Sun Life	₹11.4114	3 Jun 2026
Franklin India Government Securities Fund - Direct - IDCW	Franklin India	₹11.8135	3 Jun 2026
Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option - Direct	Kotak	₹23.8598	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.2839
2 Jun 2026	₹12.2974
1 Jun 2026	₹12.2873
31 May 2026	₹12.2991
29 May 2026	₹12.2966
27 May 2026	₹12.2909
26 May 2026	₹12.2837
25 May 2026	₹12.2784
22 May 2026	₹12.2355
21 May 2026	₹12.2274

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Gilt Fund - Direct Plan - Half Yearly IDCW is ₹12.2839. It's a Gilt Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Gilt Fund - Direct Plan - Half Yearly IDCW has NAV history starting from 19 Aug 2013, a track record of about 12 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Gilt Fund - Direct Plan - Half Yearly IDCW is managed by Axis. It's classified by AMFI under the 'Gilt Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Gilt Fund - Direct Plan - Half Yearly IDCW has delivered a absolute return of -0.83% — +0.35 pp ahead of the Gilt Fund category average of -1.18%. The fund ranks #18 of 48 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Axis Gilt Fund - Direct Plan - Half Yearly IDCW has delivered a CAGR of 4.89% — +1.97 pp ahead of the Gilt Fund category average of 2.92%. The fund ranks #16 of 41 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Axis Gilt Fund - Direct Plan - Half Yearly IDCW has delivered a CAGR of 2.11% — -0.21 pp behind the Gilt Fund category average of 2.31%. The fund ranks #15 of 33 in its category — the second (Q2) quartile.

₹1 lakh invested in Axis Gilt Fund - Direct Plan - Half Yearly IDCW exactly 10 years ago would be worth approximately ₹107,932 today — a multiplier of 1.08×, based on the 10-year CAGR of 0.77%. The category average over the same window would have grown ₹1 lakh to ₹134,259.

A ₹10,000 monthly SIP in Axis Gilt Fund - Direct Plan - Half Yearly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹658,594 today. That's an XIRR (money-weighted annualised return) of 3.68%.

Axis Gilt Fund - Direct Plan - Half Yearly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹921,104 — XIRR 2.60%.

On a 5-year basis, Axis Gilt Fund - Direct Plan - Half Yearly IDCW ranks #15 out of 33 funds in the Gilt Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.31%; this fund delivered 2.11%.

The worst peak-to-trough decline Axis Gilt Fund - Direct Plan - Half Yearly IDCW has experienced over the last 5-year window is 8.69% — its NAV fell from a high on 22 Sep 2021 to a low on 10 Oct 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Gilt Fund - Direct Plan - Half Yearly IDCW averaged 0.78% (best 2.23%, worst -1.05%). 82% of rolling windows ended positive. The 5-year Sharpe ratio is -1.03 — negative risk-adjusted performance.

In calendar year 2025, Axis Gilt Fund - Direct Plan - Half Yearly IDCW returned 4.10% — beating the Gilt Fund category average of 1.34% by 2.76 pp. It ranked #14 of 38 in its category that year.

Axis Gilt Fund - Direct Plan - Half Yearly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Gilt Fund - Direct Plan - Half Yearly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 8.7%. 5-year CAGR: 2.11%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.