Home Mutual FundsAxis Corporate Debt Fund Direct Regular Dividend Payout

Overview (as on 23 Sep 2020)

NAV

₹13.1389

1y returns

12.269%

Fund AUM

₹972 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

Pre-Tax

Post-Tax

Axis Corporate Debt Fund Direct Regular Dividend Payout

₹0

5.10% projected returns

HDFC Corporate Bond Fund Direct Option Normal Dividend Payout Option

₹0

4.91% projected returns

ICICI Prudential Corporate Bond Fund Direct Plan Fortnightly Dividend Payout

₹0

4.54% projected returns

IDFC Corporate Bond Fund Direct Plan Annual Dividend Payout

₹0

5.06% projected returns

Aditya Birla Sun Life Corporate Bond Fund Direct Plan Dividend Payout

₹0

4.96% projected returns

SBI Corporate Bond Fund Direct Quarterly Dividend Payout

₹0

4.92% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Corporate

54.99%

Government

37.14%

Securitized

3.96%

Cash Equivalent

3.92%

Debt Credit Ratings

AAA

100.00%

Key Metrics

Modified Duration

2.7 yr

Average Maturity

3.5 yr

Yield to Maturity

5.64%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
Food Corporation Of India
CRISIL AAA(CE) | Low Risk
Debt
6.66%
5.77% GOI 2030
Sovereign
Debt
6.36%
Housing Development Finance Corporation Limited
CRISIL AAA
Debt
6.05%
EMBASSY OFFICE PARKS REIT
CRISIL AAA | Low Risk
Debt
5.30%
Tata Capital Limited
CRISIL AAA
Debt
5.15%

Power Finance Corporation Ltd.
CRISIL A1+
Debt
4.96%
Reliance Industries Limited
CRISIL AAA | Low Risk
Debt
4.88%
5.79% Govt Stock 2030
Sovereign
Debt
4.53%
PIPELINE INFRASTRUCTURE PRIVATE LIMITED
CRISIL AAA | Low Risk
Debt
4.40%
Reliance Ports And Terminals Limited
CRISIL AAA | Low Risk
Debt
3.82%

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

Click Here

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

Phone

Address

Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
Axis Corporate Debt Fund Direct Growth	Direct	0.28%	12.27%
Axis Corporate Debt Fund Direct Regular Dividend Reinvestment	Direct	0.28%	12.27%
Axis Corporate Debt Fund Direct Daily Dividend Reinvestment	Direct	0.28%	10.96%
Axis Corporate Debt Fund Direct Monthly Dividend Reinvestment	Direct	0.28%	11.15%
Axis Corporate Debt Fund Direct Weekly Dividend Reinvestment	Direct	0.28%	11.14%
Axis Corporate Debt Fund Direct Monthly Dividend Payout	Direct	0.28%	11.15%
Axis Corporate Debt Fund Direct Weekly Dividend Payout	Direct	0.28%	11.14%
Axis Corporate Debt Fund Regular Growth	Regular	0.93%	11.44%
Axis Corporate Debt Fund Regular Dividend Reinvestment	Regular	0.93%	11.44%
Axis Corporate Debt Fund Regular Daily Dividend Reinvestment	Regular	0.93%	10.35%
Axis Corporate Debt Fund Regular Monthly Dividend Reinvestment	Regular	0.93%	10.48%
Axis Corporate Debt Fund Regular Weekly Dividend Reinvestment	Regular	0.93%	10.48%
Axis Corporate Debt Fund Regular Dividend Payout	Regular	0.93%	11.44%
Axis Corporate Debt Fund Regular Monthly Dividend Payout	Regular	0.93%	10.48%
Axis Corporate Debt Fund Regular Weekly Dividend Payout	Regular	0.93%	10.48%

Peer Funds

SBI Corporate Bond Fund Direct Quarterly Dividend Payout

DebtCorporate BondDirectModerate Risk

1 yr returns

10.03%

AUM

₹24,359 Cr

Expense Ratio

0.35%

HDFC Corporate Bond Fund Direct Option Normal Dividend Payout Option

DebtCorporate BondDirectModerate Risk

1 yr returns

11.21%

AUM

₹21,052 Cr

Expense Ratio

0.3%

Aditya Birla Sun Life Corporate Bond Fund Direct Plan Dividend Payout

DebtCorporate BondDirectModerately Low risk

1 yr returns

9.52%

AUM

₹20,205 Cr

Expense Ratio

0.3%

IDFC Corporate Bond Fund Direct Plan Annual Dividend Payout

DebtCorporate BondDirectModerate Risk

1 yr returns

8.47%

AUM

₹17,632 Cr

Expense Ratio

0.27%

ICICI Prudential Corporate Bond Fund Direct Plan Fortnightly Dividend Payout

DebtCorporate BondDirectModerate Risk

1 yr returns

9.35%

AUM

₹16,162 Cr

Expense Ratio

0.28%

Axis Corporate Debt Fund Direct Regular Dividen...

NAV

₹13.1389

Name: Axis Corporate Debt Fund Direct Regular Dividend Payout
Brand: Axis Asset Management Company Limited
SKU: F00000Z37M
Price: 13.1389 INR
Availability: InStock
Rating: 5 (5 reviews)

INDmoney Analysis

Return Score

Good

Fund is in Top 30 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Below Average

Fund is in Bottom 50 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

Medium

Fund has medium quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

High

Based on credit rating and modified duration of underlying instruments

Fund Manager

Devang Shah

Manager

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

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