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

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

Debt
Direct
Corporate Bond

NAV: ₹ 13.4 as on 29-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0%
1.6%
1.4%
3.3%
7.2%
7.2%
Benchmark
0.3%
1.8%
0.7%
2%
5.5%
5.5%
About the Fund

Axis Corporate Debt Fund Direct Reinvst 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 Reinvst of Inc Dis cum Cap Wdrl has a NAV of 13.4253 as on 29-09-2022.

2) Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl has 3385 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.24 %.

Fund Overview

Expense ratio
Expense ratio
0.24%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹3385 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

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

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

51.8%

Government

39.5%

Cash Equivalent

7.4%

Securitize

1.3%

Top Holdings

  • All
  • Debt & Cash
Total Holdings101
Debt Holdings101
Holdings
Weight%
Holdings Trend
1M Change
icon
5.53% Govt Stock 2033
4.13%
36.8%
icon
Clearing Corporation Of India Ltd
4%
0%
icon
4.93% Govt Stock 2028
3.21%
69.2%
icon
Rural Electrification Corporation Limited
3.1%
-32.5%
icon
L&T Finance Limited
2.97%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 245.6 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 3.4K Cr
Jul'22
₹ 3.1K Cr
Jun'22
₹ 3.5K Cr

Fund Returns vs Benchmark

Aug'22
0.82%
0.75%
Jul'22
0.82%
0.75%
Jun'22
0.31%
0.19%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Managing this fund since 13 July 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Liquid Fund Direct Plan Growth Option
4.12%
3.25%
Axis Short Term Fund Direct Plan Growth Option
6.72%
5.52%
Axis Treasury Advantage Fund Direct Plan Growth Option
5.6%
4.93%
Hardik Shah

Hardik Shah

Managing this fund since 31 January 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Corporate Debt Fund Direct Growth
7.25%
5.52%
Axis Triple Advantage Fund Direct Plan Growth Option
13.15%
--
Axis Balanced Advantage Fund Direct Growth
9.19%
10.63%

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.3% since inception which is more than its category average return of 5.36%
AUM size ₹3385 Cr

AUM size ₹3385 Cr

This fund has AUM of ₹3385 Cr which is less than its category average of ₹ 4983 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl is 13.42.
Existing (Absolute + CAGR)
Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.05%
-0.05%
6 Month Returns
1.35%
1.35%
1 Year Returns
3.23%
3.23%
3 Years Returns
23.23%
7.21%
5 Years Returns
41.83%
7.24%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.24 as on August 2022
3385 Cr as on August 2022
6.97
1.74
AAA
100
Devang Shah,Hardik Shah are the fund managers of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl is 0%