|Min SIP Amount||₹1000|
|NAV||₹13.14 (25 Sep 2020)|
|Fund Started||13 Jul 2017|
|Fund Size||₹972 Cr|
|Food Corporation of India||FMCG||Bonds||6.7%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||6.0%|
|Embassy Office Parks REIT||Construction||NCD||5.3%|
|Tata Capital Ltd.||Financial||Debenture||5.2%|
|Power Finance Corpn. Ltd.||Financial||CP||5.0%|
|Reliance Industries Ltd.||Energy||Debenture||4.9%|
|Pipeline Infrastructure (India) Pvt. Ltd.||Construction||NCD||4.4%|
|Sikka Ports and Terminals Ltd.||Energy||Debenture||3.8%|
Axis Corporate Debt Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹972 Cr and the Latest NAV as of 25 Sep 2020 is ₹13.14.
The Axis Corporate Debt Fund Direct Growth 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.