|Min SIP Amount||₹1000|
|NAV||₹12.67 (09 Jul 2020)|
|Fund Started||13 Jul 2017|
|Fund Size||₹188 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||8.0%|
|HDB Financial Services Ltd.||Financial||Debenture||8.0%|
|India Grid Trust||Engineering||Debenture||7.1%|
|Embassy Office Parks REIT||Construction||NCD||5.8%|
|State Bank of India||Financial||NCD||5.7%|
|First Business Receivable Trust||Financial||Securitised Debt||5.6%|
|LIC Housing Finance Ltd.||Financial||NCD||5.5%|
|Grasim Industries Ltd.||Construction||Debenture||5.5%|
|Larsen & Toubro Ltd.||Construction||Debenture||5.4%|
|Power Finance Corpn. Ltd.||Financial||Debenture||5.3%|
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 ₹188 Cr and the Latest NAV as of 09 Jul 2020 is ₹12.67.
The Axis Corporate Debt Fund Regular Dividend 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. There is no assurance or guarantee that the objectives of the Scheme will be realized.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.