Fund Details
Axis Corporate Debt Fund Regular IDCW Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.58% |
| NAV | ₹10.22 (07 May 2021) |
|---|---|
| Fund Started | 13 Jul 2017 |
| Fund Size | ₹4,089 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 3.9% |
| Grasim Industries Ltd. | Construction | Debenture | 3.8% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 1.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 1.3% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 0.7% |
| HDFC Bank Ltd. | Financial | Debenture | 0.1% |
Fund Managers
Axis Corporate Debt Fund Regular IDCW Monthly Details
Axis Corporate Debt Fund Regular IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹4,089 Cr and the Latest NAV as of 07 May 2021 is ₹10.22.
The Axis Corporate Debt Fund Regular IDCW Monthly is rated Low to 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.
