Mutual Fund Details

Axis Corporate Debt Fund Direct - Growth

Name: Axis Corporate Debt Fund Direct - Growth
Brand: Axis Mutual Fund

Debt Corporate Bond

NAV

₹15.6763

as on 24 Nov 2023, 11:30 PM

₹-0.0049(0.03%)

Last Change

Scheme Ratings

Corporate Bond

1Y Returns

rated by Value Research

Corporate Bond

Rankings based on 1Y Returns | as on 28 Nov 2023

ICICI Prudential Corporate Bond Fund Direct Plan -Growth

7.47%

Tata Corporate Bond Fund Direct - Growth

7.23%

Nippon India Corporate Bond Fund Direct-Growth

7.23%

HDFC Corporate Bond Fund Direct Plan-Growth

7.18%

Axis Corporate Debt Fund Direct - Growth

7.13%

Schemes Managed By

Devang Shah

Fund Manager

Hardik Shah

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,14,326

₹1,16,687

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹16,687

Profit (absolute return)

16.69%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

1.50%

In the last 6 months

2.95%

In the last 1 year

7.13%

In the last 3 years

16.69%

In the last 5 years

41.47%

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at moderate risk

Scheme Information

Axis Corporate Debt Fund Direct - Growth

as of 31 Oct 2023, 05:30 AM

₹4,951.88 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.28%

Expense Ratio

Plan

Growth

1.76%

Cash Holding

Benchmark

NIFTY Corporate Bond Index B-III

Scheme Document

View

Benchmark

NIFTY Corporate Bond Index B-III

Exit Load

No charges on withdrawal

Scheme Document

View

Companies Holding in this Mutual Fund

as on 31 Oct 2023

Sort By

Value

Company

GOI

23.38%

₹1,157.75 Cr

Small Industries Devp. Bank of India Ltd.

8.51%

₹421.40 Cr

HDFC Bank Ltd.

7.83%

₹387.73 Cr

National Bank For Agriculture & Rural Development

6.41%

₹317.42 Cr

REC Ltd.

5.58%

₹276.31 Cr

Others

48.29%

₹2,391.26 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Oct 2023

Sort By

Value

Company

GOI

23.38%

₹1,157.75 Cr

Small Industries Devp. Bank of India Ltd.

8.51%

₹421.40 Cr

HDFC Bank Ltd.

7.83%

₹387.73 Cr

National Bank For Agriculture & Rural Development

6.41%

₹317.42 Cr

REC Ltd.

5.58%

₹276.31 Cr

Others

48.29%

₹2,391.26 Cr

View All

Instruments Holding in this Mutual Fund

as on 31 Oct 2023

Sort By

Value

Instrument

Debenture

46.54%

₹2,304.60 Cr

GOI Sec

17.64%

₹873.61 Cr

NCD

8.58%

₹425.07 Cr

GOI FRB

5.74%

₹284.06 Cr

Bonds/NCD

5.58%

₹276.37 Cr

Others

15.92%

₹788.34 Cr

View All

Instruments Holding in this Mutual Fund

as on 31 Oct 2023

Sort By

Value

Instrument

Debenture

46.54%

₹2,304.60 Cr

GOI Sec

17.64%

₹873.61 Cr

NCD

8.58%

₹425.07 Cr

GOI FRB

5.74%

₹284.06 Cr

Bonds/NCD

5.58%

₹276.37 Cr

Others

15.92%

₹788.34 Cr

View All

Funds in this Category

This fund's returns:

5.28%

Return Duration

3 Years

Nippon India Corporate Bond Fund Direct-Growth

ICICI Prudential Corporate Bond Fund Direct Plan -Growth

Aditya Birla Sun Life Corporate Bond Fund Direct-Growth

About Axis Corporate Debt Fund Direct - Growth

Axis Corporate Debt Fund Direct - Growth is a Debt mutual fund scheme from Axis Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Devang Shah and Hardik Shah. It has an AUM of ₹4,951.88 Crores and the latest NAV decalared is ₹15.676 as on 28 Nov 2023 at 4:20 pm.

Axis Corporate Debt Fund Direct - Growth scheme return performance in last 1 year is 7.13%, in last 3 years is 16.69% and 56.38% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.