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Axis Corporate Debt Fund

Axis Corporate Debt Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.59

as on 08 Dec 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,442 today.

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NAV Performance

Axis Corporate Debt Fund performance graph for last 3 years
Performance of Axis Corporate Debt Fund for last 3 Years

Fund Information

  • ₹ 14.990

    as on 08 Dec 2023
  • Regular - Growth

  • 9 / 17

  • ₹ 5,000

  • ₹ 4,388 Cr.

    as on 31 May 2023
  • 0.93%

  • 18 Jul 2017

  • Debt - Corporate Bond Fund

  • CRISIL 10 Year Gilt Index

  • Axis Mutual Fund

    Show All Funds

Highlights of this fund

Axis Corporate Debt Fund is an Open-ended Debt Fund. The fund belongs to Corporate Bond Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Jul 2017. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.

Latest NAV of the fund is ₹ 14.990 as on 08 Dec 2023.

This fund has 6 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.93%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The Scheme seeks to provide steady income and capital appreciaon by invesng in corporate debt.

List of Fund Managers of Axis Corporate Debt Fund

  • About Hardik Shah

    Picture of Hardik ShahMr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
  • About Devang Shah

    Picture of Devang ShahDevang Shah is the Deputy Head - Fixed Income at Axis AMC. His core responsibilities include managing top quartile performance for all funds along with managing client relationship. Devang joined Axis AMC on October 2012 as a Fund Manager and was promoted to Deputy Head in June 2018. He has been actively involved in the ideation, sourcing and investment strategy for fixed income funds. Prior to this, Devang was working with ICICI Prudential AMC as a Fund Manager from April 2008 till October 2012. His primary responsibilities include – 1. Analysing domestic fixed income markets, provide views on interest rate, credit environment & domestic monetary aggregates 2. Managing portfolio and trading in Debt & Money Market Instruments 3. Analysing various credit structures (LAS, ABS Pools, LAP) and credit exposures for the fund house. He has also worked with Deutsche AMC and PwC in past.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.22% 0.52% 1.57% 3.39% 7.40% 5.68% 5.30% 7.44% 8.03% 7.34% 6.92% 6.15% 6.46% 7.30%
Category Average 0.16% 0.47% 1.30% 2.61% 6.07% 4.23% 4.18% 6.65% 7.44% 6.35% 5.86% 5.17% 5.67% 6.69%
Axis Corporate Debt Fund 0.16%₹ 10,015 0.48%₹ 10,047 1.30%₹ 10,129 2.64%₹ 10,264 6.45%₹ 10,645 6.30%₹ 12,405 4.95%₹ 11,014 5.90%₹ 25,490 4.59%₹ 11,442 5.28%₹ 39,007 6.34%₹ 13,600 5.80%₹ 69,474 - -
ICICI Prudential Corporate Bond Fund 0.15%₹ 10,015 0.49%₹ 10,048 1.52%₹ 10,152 3.39%₹ 10,339 7.40%₹ 10,740 7.34%₹ 12,471 5.68%₹ 11,168 6.92%₹ 25,751 5.30%₹ 11,675 6.15%₹ 39,522 7.27%₹ 14,208 6.46%₹ 70,640 7.70%₹ 21,010 7.17%₹ 1,73,560
Aditya Birla Sun Life Corporate Bond Fund 0.19%₹ 10,019 0.49%₹ 10,048 1.38%₹ 10,137 3.01%₹ 10,301 6.96%₹ 10,696 6.82%₹ 12,438 5.34%₹ 11,095 6.41%₹ 25,621 5.02%₹ 11,582 5.74%₹ 39,281 7.32%₹ 14,239 6.33%₹ 70,407 7.99%₹ 21,590 7.30%₹ 1,74,780
Kotak Corporate Bond Fund Standard 0.16%₹ 10,015 0.49%₹ 10,048 1.38%₹ 10,138 2.84%₹ 10,284 6.58%₹ 10,658 6.58%₹ 12,423 4.97%₹ 11,019 6.04%₹ 25,525 4.65%₹ 11,459 5.39%₹ 39,077 6.69%₹ 13,826 5.78%₹ 69,438 - -
Invesco India Corporate Bond Fund 0.18%₹ 10,018 0.46%₹ 10,046 1.27%₹ 10,127 2.64%₹ 10,263 6.35%₹ 10,635 6.18%₹ 12,397 4.42%₹ 10,903 5.61%₹ 25,417 4.15%₹ 11,297 4.91%₹ 38,794 6.77%₹ 13,879 5.48%₹ 68,919 6.81%₹ 19,332 6.23%₹ 1,65,281
IDFC Corporate Bond Fund 0.12%₹ 10,012 0.51%₹ 10,050 1.57%₹ 10,157 3.23%₹ 10,323 6.78%₹ 10,677 6.78%₹ 12,436 4.47%₹ 10,913 5.87%₹ 25,482 4.28%₹ 11,341 5.10%₹ 38,901 6.62%₹ 13,781 5.67%₹ 69,254 - -

Portfolio Holdings

Portfolio holdings pattern of Axis Corporate Debt Fund as on 10 Dec 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    96.20%
  • Others Holdings:

    3.80%

Top Debt Instrument Type holdings of Axis Corporate Debt Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 76.78% ₹ 3,542.41 Cr.
GOI 18.85% ₹ 870.11 Cr.
PTC 0.57% ₹ 26.36 Cr.
Others 3.80% -

Top Debt Holdings of Axis Corporate Debt Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 18.85% ₹ 870.11 Cr.
Bond - Power Finance Corporation Ltd. 8.88% ₹ 408.65 Cr.
Bond - Small Industries Development Bank Of India 8.85% ₹ 408.29 Cr.
Bond - National Bank for Agriculture & Rural Development 8.02% ₹ 370.54 Cr.
Bond - Housing Development Finance Corporation Ltd. 7.30% ₹ 337.32 Cr.
Others 48.10%

Other Holdings

Holding TypeHolding Percentage
TREPS 2.60%
Net Receivables 1.20%