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Axis Corporate Debt Fund Regular Dividend+0.04%

10.92%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
All

Fund Details

Axis Corporate Debt Fund Regular Dividend

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.93%
NAV₹13.11 (20 Jan 2021)
Fund Started13 Jul 2017
Fund Size4,054 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
10.9%
8.3%
-
8.0%
Category Average
9.2%
7.8%
7.8%
-
Rank Within Category
2
8
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 10.9% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category
4. Risk is higher compared to the benchmark
5. 1Y Returns are lower than the benchmark

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec8.5%
State Bank of IndiaFinancialNCD5.1%
Embassy Office Parks REITConstructionNCD4.0%
Reliance Industries Ltd.EnergyDebenture3.2%
GOISovereignGOI Sec3.0%
Motherson Sumi Systems Ltd.AutomobileNCD2.9%
Power Finance Corpn. Ltd.FinancialDebenture2.8%
REC Ltd.FinancialNCD2.6%
National Bank For Agriculture & Rural DevelopmentFinancialNCD2.5%
State Bank of IndiaFinancialDebenture2.4%
See All

Fund Managers

Devang Shah
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Axis Corporate Debt Fund Regular Dividend Details

Axis Corporate Debt Fund Regular 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹4,054 Cr and the Latest NAV as of 20 Jan 2021 is ₹13.11.

The Axis Corporate Debt Fund Regular Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹100
Min for Second Investment
Nil
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
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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