Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Corporate Bond
NAV: ₹ 13.2 as on 29-09-2023
Fund Performance
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 Hardik Shah, Devang Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl has ₹4941 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.
Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.27% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹4941 Cr |
 | 13 July, 2017 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 339.11% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
52.1%
Government
42.3%
Cash Equivalent
5.2%
Securitize
0.4%
Top Holdings of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl as on (31-Aug-23)
Debt Holdings115
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.51% Govt Stock 2033 | 5.99% | 18.9% | |
7.38% Govt Stock 2027 | 3.77% | 15.4% | |
7.17% Govt Stock 2030 | 2.86% | 0% | |
Small Industries Development Bank Of India | 2.61% | 0% | |
State Bank Of India | 2.55% | 0% |
See all
Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.9K Cr as of Aug'23
- AUM increased by 38.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Hardik Shah
Fund Manager of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 31 January 2022
Top funds managed
Devang Shah
Fund Manager of Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 13 July 2017
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.35% since inception which is more than its category average return of 5.43%
AUM size ₹4941 Cr
This fund has AUM of ₹4941 Cr which is less than its category average of ₹ 5713 Cr
Expense Ratio 0.27%
This fund has an expense ratio of 0.27% 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 ₹13.19 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Axis Corporate Debt Fund Direct Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 7.63% | 7.63% |
3 Years Returns | 18.23% | 5.74% |
5 Years Returns | 42.4% | 7.33% |
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.
0.27% as on August 2023
₹4941 Cr as on August 2023
8.51% Govt Stock 2033(5.99%), 7.38% Govt Stock 2027(3.77%), 7.17% Govt Stock 2030(2.86%), Small Industries Development Bank Of India(2.61%), State Bank Of India(2.55%) as on August 2023
Corporate(49.74%), Government(45.13%), Cash Equivalent(4.7%) as on August 2023
Yield to Maturity is 7.61 as on August 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 2.51 as on August 2023. 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 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%