Axis Corporate Bond Fund Direct Growth
Get the latest NAV of Axis Corporate Bond Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹17.90
NAV as on 09 May 2025
7.72%/per year
Since Inception
▲▼
2415 people have invested ₹ 1.8Cr in Axis Corporate Bond Fund Direct Growth in the last three months
Fund Performance
as on (09-May-25)
Peer comparison
Axis Corporate Bond Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis Corporate Bond Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.8%
Axis Corporate Bond Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in March were Corporate, Government
Corporate
62%
Government
34%
Corporate
58%
Government
36%
Axis Corporate Bond Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.32% |
Benchmark | IISL NIFTY Corporate Bond Index TR INR |
| AUM | ₹6773 Cr |
| Inception Date | 13 July, 2017 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 298.09% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
About Axis Corporate Bond Fund
Axis Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 13 July, 2017. The fund is managed by Devang Shah, Hardik Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Corporate Bond Fund Direct Growth has ₹6773 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Corporate Bond Fund Direct Growth has given a CAGR return of 7.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.06%, 8.16% and 7.56% respectively.
Holdings
Axis Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.18% Govt Stock 2033, 6.79% Govt Stock 2034, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Axis Corporate Bond Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Corporate Bond Fund Direct Growth has no lock in period.
Fund Manager
Devang Shah
Fund Manager of Axis Corporate Bond Fund Direct Growth, since 13 July 2017
Hardik Shah
Fund Manager of Axis Corporate Bond Fund Direct Growth, since 31 January 2022
- AUM of the fund stands at 6.2K Cr as of Mar'25
- AUM decreased by 95.8 Cr between Mar'25 and Feb'25
More funds from Axis
5Y CAGR
▲ 6.61
3Y CAGR
▲ 8.62
1Y CAGR
▲ 11.44
5Y CAGR
▲ 6.78
Frequently Asked Questions for Axis Corporate Bond Fund Direct Growth
What is the current NAV of Axis Corporate Bond Fund Direct Growth?
What are the average returns of Axis Corporate Bond Fund Direct Growth?
Axis Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.79% | 0.79% |
6 Month Returns | 5.13% | 5.13% |
1 Year Returns | 10.06% | 10.06% |
3 Years Returns | 26.52% | 8.16% |
How do I invest in Axis Corporate Bond Fund Direct Growth?
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
What is the expense ratio of Axis Corporate Bond Fund Direct Growth?
What is net assets under management (AUM) of Axis Corporate Bond Fund Direct Growth?
What are the top 5 holdings of Axis Corporate Bond Fund Direct Growth?
What are the top 3 sectors that this Axis Corporate Bond Fund Direct Growth has invested in?
What is the yield to maturity ratio of Axis Corporate Bond Fund Direct Growth?
What is the modified duration of Axis Corporate Bond Fund Direct Growth?
What is the credit rating breakup of Axis Corporate Bond Fund Direct Growth?
AAA | 100 |