| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.28% |
| NAV | ₹13.34 (29 Oct 2020) |
|---|---|
| Fund Started | 13 Jul 2017 |
| Fund Size | ₹1,253 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 7.7% |
| Food Corporation of India | FMCG | Bonds | 5.1% |
| Embassy Office Parks REIT | Construction | NCD | 5.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 4.7% |
| Tata Capital Ltd. | Financial | Debenture | 4.0% |
| Power Finance Corpn. Ltd. | Financial | CP | 3.9% |
| Reliance Industries Ltd. | Energy | Debenture | 3.8% |
| State Bank of India | Financial | NCD | 3.6% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | NCD | 3.4% |
| Motherson Sumi Systems Ltd. | Automobile | NCD | 3.2% |
Axis Corporate Debt Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 13 Jul 2017. Devang Shah is the Current Fund Manager of Axis Corporate Debt Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,253 Cr and the Latest NAV as of 29 Oct 2020 is ₹13.34.
The Axis Corporate Debt Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.