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

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

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Debt
Direct
Corporate Bond
NAV: ₹ 10.26 as on 17-05-2024

About the Fund

Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 13 July, 2017. The fund is managed by Hardik Shah, Devang Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹5336 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance

Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹5336 Cr
Inception Date
Inception Date
13 July, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
339.11%

Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
52.9%
Government
40.3%
Cash Equivalent
6.8%

Top Holdings of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings100
Holdings
Weight%
1M Change
6.54% Govt Stock 2032
6.54% Govt Stock 2032
4.5%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
4.12%
100%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.28%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
3.02%
-39.6%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
2.91%
-26.2%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 5.3K Cr
₹ 5.4K Cr
₹ 5.2K Cr
  • AUM of the fund stands at 5.3K Cr as of Apr'24
  • AUM decreased by 26.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Hardik Shah
Hardik Shah
Fund Manager of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl, since 31 January 2022
Devang Shah
Devang Shah
Fund Manager of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl, since 13 July 2017

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

Risk meter
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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 6.5% since inception which is more than its category average return of 5.47%
AUM size ₹5336 Cr

AUM size ₹5336 Cr

This fund has AUM of ₹5336 Cr which is less than its category average of ₹ 6130 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is ₹10.26 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.41%
0.41%
6 Month Returns
3.58%
3.58%
1 Year Returns
6.85%
6.85%
3 Years Returns
18.37%
5.78%
5 Years Returns
37.23%
6.53%
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  • 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.
0.3% as on April 2024
₹5336 Cr as on April 2024
6.54% Govt Stock 2032(4.5%), 7.18% Govt Stock 2033(4.12%), National Bank For Agriculture And Rural Development(3.28%), 7.32% Govt Stock 2030(3.02%), 7.26% Govt Stock 2033(2.91%) as on April 2024
Corporate(52.92%), Government(40.29%), Cash Equivalent(6.79%) as on April 2024
Yield to Maturity is 7.68 as on April 2024. 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 3.43 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Hardik Shah, Devang Shah are the fund managers of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Corporate Debt Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is 0%