MF Gyan
otherLow risk8 years oldSteady vs its 3-year pace

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option

A specialised fund. Check the scheme details for what it invests in. From Axis Mutual Fund. It's been running since 14 Sep 2018.

Latest price per unit
₹12.0953
▲ 0.01% today
As of 30 Sep 2021 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.07 L
▲ ₹6.7k gain · 6.7% / year
Invested 3 years ago
₹1.21 L
▲ ₹21.2k gain · 6.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.00 L
Gain / loss+₹20.0k
XIRR (annualised)6.99%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.01 L
Projected gain*+₹20.8k
*at this fund's historical rate of 6.99% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
6.65%median 4.49% (+2.17%)
Rank #182 of 501Beats 58% of peers
3-year return
6.63%median 6.00% (+0.63%)
Rank #96 of 501Beats 55% of peers
Bumpiness (3Y)
3.15%median 5.00% (-1.85%)
Rank #188 of 501Less risky than 62% of peers
Worst-ever drop
-4.55%median -6.85% (+2.30%)
Rank #282 of 501Less risky than 44% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+2%
2018
+3%
2019
+10%
2020
+4%
2021
Best year
2020 · 10.04%
Worst year
2018 · 2.02%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
3.1%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-4.55%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year6.65%
CAGR — 3 years6.63%
CAGR — 5 years—
CAGR — since launch6.43%
Volatility — 1 year (annualised)0.38%
Volatility — 3 years (annualised)3.15%
Max drawdown — 1 year-0.07%
Max drawdown — 3 years-4.55%
Sharpe ratio — 1 year (rf=6%)1.91
Sharpe ratio — 3 years (rf=6%)0.21

Fund info

Fund house
Axis Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
144868
First price on record
14 Sep 2018 · 736 daily prices

About Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option is a Income offered by Axis Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option is ₹12.0953 (as of 30 Sep 2021). Historically, it has delivered 6.65% over the last year, 6.63% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 3.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 4.6%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option?+

The latest NAV of Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option is ₹12.0953 as of 30 Sep 2021, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option?+

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option has delivered 1-year return 6.65%, 3-year CAGR 6.63%, since-inception CAGR 6.43%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option belong to?+

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 3.1%, Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option a direct plan?+

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option?+

Axis Fixed Term Plan - Series 97 (1116 Days) - Direct Plan - Growth Option has NAV history available from 14 Sep 2018 — approximately 8 years of track record and 736 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.