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Axis Corporate Debt Fund Regular IDCW Daily

Debt
Corporate Bond
Low to Moderate Risk
6.99%
3Y annualised
+0.10% 1D
1M
6M
1Y
3Y
All
NAV: 04 Jul 2022₹10.21
Min. SIP amountNA
Rating3
Fund size₹3,787.98Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA2.9%7.0%6.6%
Category averageNA4.7%8.2%NA
Rank with in categoryNA81NA
Understand terms

Holdings (86)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB4.2%
REC Ltd.FinancialBonds4.0%
Canara Bank
FinancialCD3.7%
L&T Finance Ltd.
FinancialDebenture2.6%
Power Finance Corporation Ltd.FinancialBonds/NCD2.5%
National Bank For Agriculture & Rural Development
FinancialDebenture2.5%
Tata Capital Ltd.
FinancialDebenture2.5%
Mahindra & Mahindra Financial Services Ltd.FinancialDebenture2.5%
Embassy Office Parks REITConstructionDebenture2.4%
Larsen & Toubro Ltd.
ConstructionNCD2.1%
See All

Expense ratio, exit load and tax

Expense ratio: 0.93%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

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
Amc Image
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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FAQs

How to Invest in Axis Corporate Debt Fund Regular IDCW Daily?

You can easily invest in Axis Corporate Debt Fund Regular IDCW Daily 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 Regular IDCW Daily 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 Regular IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Corporate Debt Fund Regular IDCW Daily provide?

The Axis Corporate Debt Fund Regular IDCW Daily has been there from 13 Jul 2017 and the average annual returns provided by this fund is 2.90% since its inception.

How much expense ratio is charged by Axis Corporate Debt Fund Regular IDCW Daily?

The term Expense Ratio used for Axis Corporate Debt Fund Regular IDCW Daily 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 Regular IDCW Daily is 0.93% as of 05 Jul 2022...

What is the AUM of Axis Corporate Debt Fund Regular IDCW Daily?

The AUM, short for Assets Under Management of Axis Corporate Debt Fund Regular IDCW Daily is ₹3,787.98Cr as of 05 Jul 2022.

How to Redeem Axis Corporate Debt Fund Regular IDCW Daily?

If you want to sell your Axis Corporate Debt Fund Regular IDCW Daily 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 Regular IDCW Daily?

You can select either SIP or Lumpsum investment of Axis Corporate Debt Fund Regular IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of Axis Corporate Debt Fund Regular IDCW Daily?

The NAV of Axis Corporate Debt Fund Regular IDCW Daily is ₹10.21 as of 04 Jul 2022.

What is the PE and PB ratio of Axis Corporate Debt Fund Regular IDCW Daily?

The PE ratio ratio of Axis Corporate Debt Fund Regular IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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