Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl
Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl

Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl

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Debt
Direct
Corporate Bond

NAV: ₹ 10.2 as on 03-02-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.9%
3%
4.9%
6.7%
6.4%
Benchmark
0.5%
1.6%
2.4%
3.5%
5.2%
5.8%
About the Fund

Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl 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

1) Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl has a NAV of 10.2084 as on 03-02-2023.

2) Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl has 3562 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.22 %.

Fund Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹3562 Cr
Inception Date
Inception Date
13 July, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
342.97%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

53.3%

Government

41.7%

Cash Equivalent

4.1%

Securitize

0.9%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings93
Holdings
Weight%
Holdings Trend
1M Change
Clearing Corporation Of India Ltd
Clearing Corporation Of India Ltd
6.75%
0%
7.38% Govt Stock 2027
7.38% Govt Stock 2027
6.24%
63.6%
7.42% Govt Stock 2033
7.42% Govt Stock 2033
4.47%
0%
HDFC Bank Limited
HDFC Bank Limited
4.14%
100%
Housing Development Finance Corporation Limited
Housing Development Finance Corporation Limited
3.78%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 107.5 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 3K Cr
Nov'22
₹ 3.1K Cr
Oct'22
₹ 2.9K Cr

Fund Returns vs Benchmark

Jan'23
0.82%
0.75%
Dec'22
0.07%
-0.20%
Nov'22
0.72%
0.66%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Fund Manager of Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl, since 13 July 2017
Hardik Shah

Hardik Shah

Fund Manager of Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl, since 31 January 2022

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.29% since inception which is more than its category average return of 5.32%
AUM size ₹3562 Cr

AUM size ₹3562 Cr

This fund has AUM of ₹3562 Cr which is less than its category average of ₹ 5009 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl is 10.21 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
2.96%
2.96%
1 Year Returns
4.93%
4.93%
3 Years Returns
21.66%
6.75%
5 Years Returns
36.29%
6.39%
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0.22 as on January 2023
3562 Cr as on January 2023
Yield to Maturity is 7.61 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.02 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Devang Shah,Hardik Shah are the fund managers of Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Corporate Debt Fund Direct Monthly Pyt of Inc Dis cum Cap Wdrl is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.