Overview (as on 25 Nov 2020)

NAV

₹13.4415

1y returns

12.306%

Fund AUM

₹2,400 Cr

Expense Ratio

0.28%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP
Lumpsum

I would like to invest

 
For Time Period
5 years
Total investment
₹0

Asset Allocation

Sector Allocation
Corporate
49.23%
Government
37.19%
Cash Equivalent
11.96%
Securitized
1.63%
Debt Credit Ratings
AAA
100.00%

Key Metrics

Modified Duration 

2.5 yr

Average Maturity 

3.0 yr

Yield to Maturity 

5.53%

Top 10 Holdings

  • Holding Name

    Type

    Holding Percentage

  • Clearing Corporation Of India Ltd

    Cash

    12.06%

  • 7.32% Govt Stock 2024

    Sovereign

    Debt

    6.08%

  • 5.77% GOI 2030

    Sovereign

    Debt

    4.90%

  • Housing Development Finance Corporation Limited

    CRISIL AAA

    Debt

    4.62%

  • Debt

    4.17%

  • State Bank Of India

    CRISIL AAA

    Debt

    4.03%

  • Motherson Sumi Systems Limited

    IND AAA

    Debt

    3.78%

  • National Bank For Agriculture and Rural Development

    ICRA AAA

    Debt

    3.25%

  • 6.79% Govt Stock 2027

    Sovereign

    Debt

    3.09%

  • Power Finance Corporation Limited

    CRISIL AAA

    Debt

    2.81%

Fund Details

Investment Objectives
"The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized."
Scheme Name
Axis Corporate Debt Fund Direct Regular Dividend Payout
Scheme Document
Exit Load

After 0 Years : 0%

Plan Started
13 July, 2017
Fund Manager
Devang Shah
Fund House Details
Fund House
Axis Asset Management Company Limited
Email
NA
Phone
+912243255199
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Other Related Plans

Peer Funds

Axis Corporate Debt Fund Direct Regular Dividen...

NAV

₹13.4415

INDmoney Analysis

    success

    Fund is in Top 30 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    error

    Fund is in Bottom 50 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    warning

    Fund has medium quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Manager

Devang Shah
Devang Shah

leader

Qualifications
B. Com, CA
Work Experience
"5 years total experience. ICICI Prudential AMC Ltd - April 10, 2008 to till date. Past Experience one and half years with Deutsche Asset Management. 2 years with Pricewaterhouse Coopers"

Finzoom Investment Advisors Private Limited (Brand Name - INDmoney, INDwealth, IND.app, IND.money, INDsave.com) makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of, or on the reliance of its advisory or related services.

Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs. Performance and returns of any investment portfolio can neither be predicted nor guaranteed.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

INDmoney, INDwealth, IND.app are brand and product of Finzoom Investment Advisors (P) Limited.

© Finzoom Investment Advisors Private Limited

[SEBI RIA Registration No : INA100012190] [ARN - 151913] [Platform Partner : BSE (Member code-24801)] [CIN - U67190HR2018PTC073294] [GST No : 06AADCF3538Q1Z8]