Investors wary of interest rate swings may bet on Axis All Seasons FoF
Synopsis
In the past one year, the fund has returned 6% higher than the dynamic bond fund category that returned 3.67%. The top three holdings in the fund are HDFC Low Duration, Axis Credit Risk and HDFC Credit Risk Fund.
Retail investors confused about which debt mutual fund to pick could opt for the Axis Mutual Fund’s All Seasons Debt Fund of Funds. It invests in other debt mutual fund schemes chosen from the top 10 fund houses, with large assets and a good track record.
“It is difficult for retail investors to move from one scheme to another based on changing interest rate scenarios or to time the market. In this scheme, the fund manager generates alpha by