|Min SIP Amount||₹1000|
|NAV||₹10.19 (27 Nov 2020)|
|Fund Started||13 Jul 2017|
|Fund Size||₹2,400 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||4.6%|
|Reliance Industries Ltd.||Energy||Debenture||4.2%|
|State Bank of India||Financial||NCD||4.0%|
|Motherson Sumi Systems Ltd.||Automobile||NCD||3.8%|
|National Bank For Agriculture & Rural Development||Financial||NCD||3.3%|
|Power Finance Corpn. Ltd.||Financial||Debenture||2.8%|
|Food Corporation of India||FMCG||Bonds||2.7%|
Axis Corporate Debt Fund Regular Dividend Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹2,400 Cr and the Latest NAV as of 27 Nov 2020 is ₹10.19.
The Axis Corporate Debt Fund Regular Dividend Monthly 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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.