Axis Corporate Debt Fund Direct Growth

Debt
Corporate Bond
Moderate Risk
7.72%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Mar 2023₹14.94
Min. SIP amount₹1,000
Rating5
Fund size₹3,783.06Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.9%7.7%7.3%7.3%
Category average3.6%6.2%6.5%NA
Rank with in category315NA
Understand terms

Holdings (101)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB4.2%
Housing Development Finance Corporation Ltd.FinancialDebenture3.5%
National Bank For Agriculture & Rural Development
FinancialDebenture3.3%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture2.6%
Indian Railway Finance Corporation Ltd.FinancialDebenture2.6%
State Bank of IndiaFinancialAdditional Tier 2 Bo2.5%
GOISovereignGOI Sec2.5%
Kotak Mahindra Bank Ltd.
FinancialCD2.5%
GOI
SovereignGOI Sec2.3%
GOI
SovereignGOI Sec2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 0.22%

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

Devang Shah
Jun 2017 - Present
View details

Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes

Hardik Shah
Jan 2022 - Present
View details

Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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