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Axis Corporate Debt Fund Regular Dividend Monthly-0.03%

11.48%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
All

Fund Details

Axis Corporate Debt Fund Regular Dividend Monthly

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.93%
NAV10.19 (27 Nov 2020)
Fund Started13 Jul 2017
Fund Size2,400 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.5%
8.5%
-
8.3%
Category Average
9.7%
7.8%
7.9%
-
Rank Within Category
5
9
-
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.5% annual returns

    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 Sec6.1%
    GOISovereignGOI Sec4.9%
    Housing Development Finance Corpn. Ltd.FinancialNCD4.6%
    Reliance Industries Ltd.EnergyDebenture4.2%
    State Bank of IndiaFinancialNCD4.0%
    Motherson Sumi Systems Ltd.AutomobileNCD3.8%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD3.3%
    GOISovereignGOI Sec3.1%
    Power Finance Corpn. Ltd.FinancialDebenture2.8%
    Food Corporation of IndiaFMCGBonds2.7%
    See All

    Fund Managers

    Devang Shah
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    Axis Corporate Debt Fund Regular Dividend Monthly Details

    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.

    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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