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