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

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

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Debt
Direct
Corporate Bond
NAV: ₹ 10.37 as on 23-02-2024
Fund Performance

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

Axis Corporate Debt Fund Direct Weekly 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 Weekly Reinvst of Inc Dis cum Cap Wdrl has ₹5220 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.

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

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹5220 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 Weekly Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
48.1%
Government
47.7%
Cash Equivalent
4.1%
Securitize
0.1%

Top Holdings of Axis Corporate Debt Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings104
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
4.91%
100%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.32%
100%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
3.77%
100%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
3.59%
100%
Mahanagar Telephone Nigam Limited
Mahanagar Telephone Nigam Limited
3.09%
100%

Axis Corporate Debt Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 5.3K Cr
₹ 5K Cr
₹ 4.8K Cr
  • AUM of the fund stands at 5.3K Cr as of Jan'24
  • AUM increased by 334.3 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

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

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

Axis Corporate Debt Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl 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 6.53% since inception which is more than its category average return of 5.51%
AUM size ₹5220 Cr

AUM size ₹5220 Cr

This fund has AUM of ₹5220 Cr which is less than its category average of ₹ 5893 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 Weekly Reinvst of Inc Dis cum Cap Wdrl is ₹10.37 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Axis Corporate Debt Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.89%
0.89%
6 Month Returns
3.84%
3.84%
1 Year Returns
8.07%
8.07%
3 Years Returns
18.95%
5.96%
5 Years Returns
38.1%
6.67%
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0.3% as on January 2024
₹5220 Cr as on January 2024
7.18% Govt Stock 2037(4.91%), National Bank For Agriculture And Rural Development(4.32%), 7.26% Govt Stock 2033(3.77%), 7.32% Govt Stock 2030(3.59%), Mahanagar Telephone Nigam Limited(3.09%) as on January 2024
Corporate(48.81%), Government(45.34%), Cash Equivalent(5.71%) as on January 2024
Yield to Maturity is 7.68 as on January 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 3.19 as on January 2024. 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 Weekly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Corporate Debt Fund Direct Weekly Reinvst of Inc Dis cum Cap Wdrl is 0%