|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹10.16 (26 Feb 2021)|
|Fund Started||13 Jul 2017|
|Fund Size||₹4,189 Cr|
|Oil & Natural Gas Corpn. Ltd.||Energy||CP||6.0%|
|Bank Of Baroda||Financial||CD||4.7%|
|Motherson Sumi Systems Ltd.||Automobile||NCD||3.9%|
|Embassy Office Parks REIT||Construction||NCD||3.7%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.6%|
|Grasim Industries Ltd.||Construction||Debenture||3.5%|
|Infina Finance Pvt. Ltd.||Financial||CP||3.0%|
|Bajaj Finance Ltd.||Financial||CP||3.0%|
|State Bank of India||Financial||NCD||2.5%|
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 ₹4,189 Cr and the Latest NAV as of 26 Feb 2021 is ₹10.16.
The Axis Corporate Debt Fund Regular Dividend Monthly is rated Low to 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.