| NAV: 30 Jun 2022 | ₹13.23 |
| Min. SIP amount | ₹1,000 |
| Rating | 5 |
| Fund size | ₹3,787.98Cr |
Returns and rankings
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 3.4% | 7.8% | 7.4% |
| Category average | NA | 4.7% | 8.2% | NA |
| Rank with in category | NA | 3 | 1 | NA |
Holdings (86)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI FRB | 4.2% |
| REC Ltd. | Financial | Bonds | 4.0% |
Canara Bank | Financial | CD | 3.7% |
L&T Finance Ltd. | Financial | Debenture | 2.6% |
| Power Finance Corporation Ltd. | Financial | Bonds/NCD | 2.5% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.5% |
Tata Capital Ltd. | Financial | Debenture | 2.5% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 2.5% |
| Embassy Office Parks REIT | Construction | Debenture | 2.4% |
Larsen & Toubro Ltd. | Construction | NCD | 2.1% |
Expense ratio, exit load and tax
Expense ratio: 0.25%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹1,000 |
Fund management
Devang ShahJun 2017 - PresentView details
Hardik ShahJan 2022 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Axis Corporate Debt Fund Direct IDCW?
You can easily invest in Axis Corporate Debt Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Axis Corporate Debt Fund Direct IDCW from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Axis Corporate Debt Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Axis Corporate Debt Fund Direct IDCW provide?
The Axis Corporate Debt Fund Direct IDCW has been there from 13 Jul 2017 and the average annual returns provided by this fund is 3.43% since its inception.
How much expense ratio is charged by Axis Corporate Debt Fund Direct IDCW?
The term
Expense Ratio used for Axis Corporate Debt Fund Direct IDCW or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Axis Corporate Debt Fund Direct IDCW is 0.25% as of 01 Jul 2022...
What is the AUM of Axis Corporate Debt Fund Direct IDCW?
The AUM, short for Assets Under Management of Axis Corporate Debt Fund Direct IDCW is ₹3,787.98Cr as of 01 Jul 2022.
How to Redeem Axis Corporate Debt Fund Direct IDCW?
If you want to sell your Axis Corporate Debt Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Axis Corporate Debt Fund Direct IDCW?
What is the NAV of Axis Corporate Debt Fund Direct IDCW?
The NAV of Axis Corporate Debt Fund Direct IDCW is ₹13.23 as of 30 Jun 2022.
