Axis Corporate Debt Fund Regular Dividend Monthly+0.09%

3Groww
6.27%
1 Year Return
Debt
Corporate Bond
3.0 star
6M
1Y
All

Fund Details

Axis Corporate Debt Fund Regular Dividend Monthly

RiskModerate
Min SIP Amount₹1000
Expense Ratio1.05%
NAV9.9 (20 Aug 2019)
Fund Started13 Jul 2017
Fund Size220 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Corporate Debt Fund Regular Dividend Monthly
6.3%
NA
NA
6.6%
Category Average
5.2%
5.5%
7.2%
-
Rank within category
14
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 6.3% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Exit load is zero
    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 is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Small Industries Devp. Bank of India Ltd.FinancialDebenture9.2%
    Housing Development Finance Corpn. Ltd.FinancialDebenture9.2%
    Power Finance Corpn. Ltd.FinancialNCD7.6%
    REC Ltd.FinancialBonds/NCD6.9%
    GOISovereignGOI Sec4.7%
    GOISovereignGOI Sec4.7%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.7%
    Aditya Birla Finance Ltd.FinancialNCD4.6%
    LIC Housing Finance Ltd.FinancialNCD4.6%
    Reliance Industries Ltd.EnergyNCD4.5%
    See All

    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with Deutsche Asset Management (India) Pvt. Ltd. and n Pricewaterhouse Coopers.
    Funds Managed

    Other Details

    Axis Corporate Debt Fund Regular Dividend Monthly is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 13 Jul 2017. Devang Shah is the Current Fund Manager of Axis Corporate Debt Fund Regular Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹220 Cr and the Latest NAV as of 20 Aug 2019 is ₹9.9.

    The Axis Corporate Debt Fund Regular Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months..

    Investment Objective

    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.

    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
    For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
    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
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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