|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹13.60 (16 Apr 2021)|
|Fund Started||13 Jul 2017|
|Fund Size||₹3,807 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||3.9%|
|Grasim Industries Ltd.||Construction||Debenture||3.8%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||1.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||1.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||1.3%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||1.1%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||0.7%|
|HDFC Bank Ltd.||Financial||Debenture||0.1%|
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 ₹3,807 Cr and the Latest NAV as of 16 Apr 2021 is ₹13.60.
The Axis Corporate Debt Fund Direct Growth is rated Low to 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.