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Fund Overview

Fund Size

Fund Size

₹6,203 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF846K01ZM8

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

13 Jul 2017

About this fund

Axis Corporate Debt Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 7 years, 9 months and 3 days, having been launched on 13-Jul-17.
As of 15-Apr-25, it has a Net Asset Value (NAV) of ₹17.80, Assets Under Management (AUM) of 6202.78 Crores, and an expense ratio of 0.32%.
  • Axis Corporate Debt Fund Direct Growth has given a CAGR return of 7.72% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 95.79% in debts, and 3.95% in cash & cash equivalents.
  • You can start investing in Axis Corporate Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+9.94%

+8.35% (Cat Avg.)

3 Years

+7.83%

+6.73% (Cat Avg.)

5 Years

+7.77%

+6.64% (Cat Avg.)

Since Inception

+7.72%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Debt5,941.59 Cr95.79%
Others261.19 Cr4.21%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.1% Govt Stock 2034Bond - Gov't/Treasury614.57 Cr9.91%
7.18% Govt Stock 2033Bond - Gov't/Treasury243.55 Cr3.93%
Net Receivables / (Payables)Cash - Collateral209.11 Cr3.37%
Small Industries Development Bank Of IndiaBond - Corporate Bond151.48 Cr2.44%
Rec LimitedBond - Corporate Bond125.75 Cr2.03%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond125.66 Cr2.03%
Kohima Mariani Transmission LimitedBond - Corporate Bond116.27 Cr1.87%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond111.64 Cr1.80%
Reliance Jio Infratel Private LimitedBond - Corporate Bond101.91 Cr1.64%
LIC Housing Finance Ltd. 7.58%Bond - Corporate Bond101.1 Cr1.63%
Power Finance Corp Ltd. 7.44%Bond - Corporate Bond100.95 Cr1.63%
India Grid TrustBond - Corporate Bond100.72 Cr1.62%
Rural Electrification Corporation LimitedBond - Corporate Bond100.72 Cr1.62%
Tata Capital Housing Finance LimitedBond - Corporate Bond100.44 Cr1.62%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.33 Cr1.62%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed97.31 Cr1.57%
Small Industries Development Bank Of IndiaBond - Corporate Bond90.86 Cr1.46%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond90.61 Cr1.46%
Andhra Pradesh (Government of) 7.08%Bond - Sub-sovereign Government Debt86.2 Cr1.39%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond86.15 Cr1.39%
6.54% Govt Stock 2032Bond - Gov't/Treasury85 Cr1.37%
7.26% Govt Stock 2033Bond - Gov't/Treasury83.19 Cr1.34%
Tata Capital Ltd. 8.098%Bond - Corporate Bond80.73 Cr1.30%
7.12% State Government Of Maharashtra 2036Bond - Gov't/Treasury76 Cr1.23%
Bajaj Housing Finance LimitedBond - Corporate Bond75.84 Cr1.22%
Tata Capital Housing Finance LimitedBond - Corporate Bond75.75 Cr1.22%
Rural Electrification Corporation LimitedBond - Corporate Bond75.51 Cr1.22%
Ncd Small Industries Development Bank Of IndiaBond - Corporate Bond75.48 Cr1.22%
Bajaj Housing Finance LimitedBond - Corporate Bond75.45 Cr1.22%
Small Industries Development Bank Of IndiaBond - Corporate Bond75.12 Cr1.21%
Small Industries Development Bank Of IndiaBond - Corporate Bond71.21 Cr1.15%
Indigrid Infrastructure Trust 7.88%Bond - Corporate Bond70.78 Cr1.14%
Bajaj Finance LimitedBond - Corporate Bond70.61 Cr1.14%
Rural Electrification Corporation LimitedBond - Corporate Bond65.97 Cr1.06%
State Bank Of IndiaBond - Corporate Bond64.55 Cr1.04%
7.2% Karnataka State Development Loans (27/08/2037)Bond - Gov't/Treasury61.29 Cr0.99%
National Housing BankBond - Corporate Bond60.65 Cr0.98%
7.81% Govt Stock 2033Bond - Gov't/Treasury56.59 Cr0.91%
Larsen And Toubro LimitedBond - Corporate Bond55.82 Cr0.90%
Hdb Financial Services LimitedBond - Corporate Bond55.53 Cr0.90%
HDFC Bank LimitedBond - Corporate Bond51.23 Cr0.83%
HDFC Bank LimitedBond - Corporate Bond51.18 Cr0.83%
Power Finance Corporation LimitedBond - Corporate Bond51.14 Cr0.82%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond50.86 Cr0.82%
Power Finance Corporation Ltd.Bond - Corporate Bond50.62 Cr0.82%
National Housing BankBond - Corporate Bond50.58 Cr0.82%
Small Industries Development Bank Of IndiaBond - Corporate Bond50.55 Cr0.81%
Bajaj Finance LimitedBond - Corporate Bond50.55 Cr0.81%
Export-Import Bank Of IndiaBond - Corporate Bond50.46 Cr0.81%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed50.44 Cr0.81%
National Housing BankBond - Corporate Bond50.44 Cr0.81%
Small Industries Development Bank Of IndiaBond - Corporate Bond50.43 Cr0.81%
Bajaj Housing Finance LimitedBond - Corporate Bond50.42 Cr0.81%
India Grid TrustBond - Corporate Bond50.42 Cr0.81%
Power Finance Corporation Ltd.Bond - Corporate Bond50.24 Cr0.81%
Bajaj Housing Finance LimitedBond - Corporate Bond50.15 Cr0.81%
National Housing BankBond - Corporate Bond50.08 Cr0.81%
Summit Digitel Infrastructure LimitedBond - Corporate Bond50.08 Cr0.81%
Citicorp Finance (India) LimitedBond - Corporate Bond50.03 Cr0.81%
Hdb Financial Services Ltd.Bond - Corporate Bond46.79 Cr0.75%
Tata Capital Housing Finance LimitedBond - Corporate Bond45.15 Cr0.73%
Power Grid Corporation Of India LimitedBond - Corporate Bond42.01 Cr0.68%
Power Grid Corporation Of India LimitedBond - Corporate Bond41.26 Cr0.67%
Bajaj Finance LimitedBond - Corporate Bond40.56 Cr0.65%
Dme Development LimitedBond - Corporate Bond36.23 Cr0.58%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond35.56 Cr0.57%
Kotak Mahindra Prime LimitedBond - Corporate Bond35.29 Cr0.57%
7.18% Govt Stock 2037Bond - Gov't/Treasury31.23 Cr0.50%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond30.29 Cr0.49%
Small Industries Development Bank Of IndiaBond - Corporate Bond30.25 Cr0.49%
6.92% Govt Stock 2039Bond - Gov't/Treasury25.54 Cr0.41%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond25.32 Cr0.41%
Export-Import Bank Of IndiaBond - Corporate Bond25.26 Cr0.41%
Tata Capital LimitedBond - Corporate Bond25.26 Cr0.41%
Pipeline Infrastructure Pvt Ltd.Bond - Corporate Bond25.24 Cr0.41%
Power Finance Corporation Ltd.Bond - Corporate Bond25.2 Cr0.41%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.2 Cr0.41%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.19 Cr0.41%
Bajaj Finance LimitedBond - Corporate Bond25.17 Cr0.41%
Rec LimitedBond - Corporate Bond25.16 Cr0.41%
Power Finance Corporation Ltd.Bond - Corporate Bond25.14 Cr0.41%
Clearing Corporation Of India LtdCash - Repurchase Agreement23.61 Cr0.38%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed23.31 Cr0.38%
Goi120327 StrBond - Gov't/Treasury22.06 Cr0.36%
Goi120327 StrBond - Gov't/Treasury21.36 Cr0.34%
Power Grid Corporation Of India LimitedBond - Corporate Bond20.28 Cr0.33%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed18.46 Cr0.30%
Goi 19.03.2027 GovBond - Gov't/Treasury18.25 Cr0.29%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End16.48 Cr0.27%
GS CG 22/2/2027 - (STRIPS) StripsBond - Gov't/Treasury14.96 Cr0.24%
Bajaj Housing Finance LimitedBond - Corporate Bond10.28 Cr0.17%
HDFC Bank LimitedBond - Corporate Bond10.22 Cr0.16%
India Infradebt LimitedBond - Corporate Bond9.99 Cr0.16%
Government Of IndiaBond - Gov't/Treasury9.14 Cr0.15%
Goi Strips 2028Bond - Gov't/Treasury8.18 Cr0.13%
07.78 Bihar Gs 2031Bond - Gov't/Treasury5.22 Cr0.08%
7.25% Govt Stock 2063Bond - Gov't/Treasury5.2 Cr0.08%
08.15 Tn SDL 2028Bond - Gov't/Treasury5.18 Cr0.08%
HDFC Bank LimitedBond - Corporate Bond5.16 Cr0.08%
6.79% Govt Stock 2034Bond - Gov't/Treasury5.07 Cr0.08%
L & T Finance LtdBond - Corporate Bond5.06 Cr0.08%
7.17% Govt Stock 2030Bond - Gov't/Treasury4.99 Cr0.08%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.1 Cr0.07%
7.32% Govt Stock 2030Bond - Gov't/Treasury3.78 Cr0.06%
08.21 HR UDAY 2026Bond - Gov't Agency Debt3.36 Cr0.05%
07.72 MH Sdl 2034Bond - Gov't/Treasury3.15 Cr0.05%
Power Finance Corporation LimitedBond - Corporate Bond2 Cr0.03%
7.26% Govt Stock 2032Bond - Gov't/Treasury1.57 Cr0.03%
7.37% Govt Stock 2028Bond - Gov't/Treasury1.45 Cr0.02%
07.29 KA Sdl 2034Bond - Gov't/Treasury1.45 Cr0.02%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (07/11/2029) (Fv 25Interest Rate Swap0.46 Cr0.01%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (21/03/2029) (Fv 25Interest Rate Swap0.45 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond4,265.63 Cr68.77%
Bond - Gov't/Treasury1,407.98 Cr22.70%
Cash - Collateral209.11 Cr3.37%
Bond - Asset Backed189.52 Cr3.06%
Bond - Sub-sovereign Government Debt86.2 Cr1.39%
Cash - Repurchase Agreement23.61 Cr0.38%
Mutual Fund - Open End16.48 Cr0.27%
Bond - Gov't Agency Debt3.36 Cr0.05%
Interest Rate Swap0.9 Cr0.01%
Cash - CD/Time Deposit0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

1.14%

Cat. avg.

1.67%

Lower the better

Sharpe Ratio

This fund

0.68

Cat. avg.

-0.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.04

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since July 2017

Hardik Shah

Hardik Shah

Since January 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF846K01ZM8
Expense Ratio
0.32%
Exit Load
No Charges
Fund Size
₹6,203 Cr
Age
7 years 9 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
IISL NIFTY Corporate Bond Index TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5807.89 Cr9.4%
SBI Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹22154.04 Cr9.7%
ICICI Prudential Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹29929.41 Cr9.3%
SBI Corporate Bond Fund Regular Growth

Moderate Risk

0.8%0.0%₹22154.04 Cr9.2%
Nippon India Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹6738.28 Cr10.0%
Invesco India Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹5642.87 Cr9.7%
Canara Robeco Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹118.86 Cr9.0%
Canara Robeco Corporate Bond Fund Regular Growth

Moderate Risk

1.0%0.0%₹118.86 Cr8.3%
Invesco India Corporate Bond Fund Regular Growth

Moderate Risk

0.7%0.0%₹5642.87 Cr9.3%
Kotak Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹14638.79 Cr9.8%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,02,943 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹58.11 Cr8.5%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹5297.79 Cr6.9%
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%₹92.41 Cr8.2%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%₹76.51 Cr8.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.71 Cr8.5%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12961.49 Cr8.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹807.68 Cr6.4%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹430.80 Cr3.0%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12039.75 Cr9.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹14611.11 Cr8.1%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1520.96 Cr10.3%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1091.24 Cr1.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹6202.78 Cr9.9%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1213.83 Cr1.2%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5746.00 Cr7.9%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹451.92 Cr6.3%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹815.71 Cr11.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹151.49 Cr10.1%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹868.45 Cr12.1%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹32349.42 Cr5.8%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1355.48 Cr10.3%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹944.45 Cr26.9%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹12346.51 Cr5.0%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹272.16 Cr10.0%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1898.61 Cr10.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34176.50 Cr6.4%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹9024.40 Cr9.7%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32608.90 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1348.35 Cr10.1%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹28063.01 Cr10.6%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5830.11 Cr8.3%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹940.08 Cr8.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2807.81 Cr13.1%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹396.04 Cr6.0%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹125.73 Cr-1.8%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.84 Cr9.1%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹360.19 Cr9.6%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹4800.70 Cr8.0%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹6979.46 Cr12.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.81 Cr9.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹275.75 Cr7.3%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹80.72 Cr14.0%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹306.38 Cr2.5%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹457.26 Cr7.3%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹392.46 Cr12.3%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹648.61 Cr5.8%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

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The NAV of Axis Corporate Debt Fund Direct Growth, as of 15-Apr-2025, is ₹17.80.
The fund has generated 9.94% over the last 1 year and 7.83% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 95.79% in bonds, and 3.95% in cash and cash equivalents.
The fund managers responsible for Axis Corporate Debt Fund Direct Growth are:-
  1. Devang Shah
  2. Hardik Shah

Fund Overview

Fund Size

Fund Size

₹6,203 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF846K01ZM8

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

13 Jul 2017

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk

About this fund

Axis Corporate Debt Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 7 years, 9 months and 3 days, having been launched on 13-Jul-17.
As of 15-Apr-25, it has a Net Asset Value (NAV) of ₹17.80, Assets Under Management (AUM) of 6202.78 Crores, and an expense ratio of 0.32%.
  • Axis Corporate Debt Fund Direct Growth has given a CAGR return of 7.72% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 95.79% in debts, and 3.95% in cash & cash equivalents.
  • You can start investing in Axis Corporate Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+9.94%

+8.35% (Cat Avg.)

3 Years

+7.83%

+6.73% (Cat Avg.)

5 Years

+7.77%

+6.64% (Cat Avg.)

Since Inception

+7.72%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Debt5,941.59 Cr95.79%
Others261.19 Cr4.21%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.1% Govt Stock 2034Bond - Gov't/Treasury614.57 Cr9.91%
7.18% Govt Stock 2033Bond - Gov't/Treasury243.55 Cr3.93%
Net Receivables / (Payables)Cash - Collateral209.11 Cr3.37%
Small Industries Development Bank Of IndiaBond - Corporate Bond151.48 Cr2.44%
Rec LimitedBond - Corporate Bond125.75 Cr2.03%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond125.66 Cr2.03%
Kohima Mariani Transmission LimitedBond - Corporate Bond116.27 Cr1.87%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond111.64 Cr1.80%
Reliance Jio Infratel Private LimitedBond - Corporate Bond101.91 Cr1.64%
LIC Housing Finance Ltd. 7.58%Bond - Corporate Bond101.1 Cr1.63%
Power Finance Corp Ltd. 7.44%Bond - Corporate Bond100.95 Cr1.63%
India Grid TrustBond - Corporate Bond100.72 Cr1.62%
Rural Electrification Corporation LimitedBond - Corporate Bond100.72 Cr1.62%
Tata Capital Housing Finance LimitedBond - Corporate Bond100.44 Cr1.62%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.33 Cr1.62%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed97.31 Cr1.57%
Small Industries Development Bank Of IndiaBond - Corporate Bond90.86 Cr1.46%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond90.61 Cr1.46%
Andhra Pradesh (Government of) 7.08%Bond - Sub-sovereign Government Debt86.2 Cr1.39%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond86.15 Cr1.39%
6.54% Govt Stock 2032Bond - Gov't/Treasury85 Cr1.37%
7.26% Govt Stock 2033Bond - Gov't/Treasury83.19 Cr1.34%
Tata Capital Ltd. 8.098%Bond - Corporate Bond80.73 Cr1.30%
7.12% State Government Of Maharashtra 2036Bond - Gov't/Treasury76 Cr1.23%
Bajaj Housing Finance LimitedBond - Corporate Bond75.84 Cr1.22%
Tata Capital Housing Finance LimitedBond - Corporate Bond75.75 Cr1.22%
Rural Electrification Corporation LimitedBond - Corporate Bond75.51 Cr1.22%
Ncd Small Industries Development Bank Of IndiaBond - Corporate Bond75.48 Cr1.22%
Bajaj Housing Finance LimitedBond - Corporate Bond75.45 Cr1.22%
Small Industries Development Bank Of IndiaBond - Corporate Bond75.12 Cr1.21%
Small Industries Development Bank Of IndiaBond - Corporate Bond71.21 Cr1.15%
Indigrid Infrastructure Trust 7.88%Bond - Corporate Bond70.78 Cr1.14%
Bajaj Finance LimitedBond - Corporate Bond70.61 Cr1.14%
Rural Electrification Corporation LimitedBond - Corporate Bond65.97 Cr1.06%
State Bank Of IndiaBond - Corporate Bond64.55 Cr1.04%
7.2% Karnataka State Development Loans (27/08/2037)Bond - Gov't/Treasury61.29 Cr0.99%
National Housing BankBond - Corporate Bond60.65 Cr0.98%
7.81% Govt Stock 2033Bond - Gov't/Treasury56.59 Cr0.91%
Larsen And Toubro LimitedBond - Corporate Bond55.82 Cr0.90%
Hdb Financial Services LimitedBond - Corporate Bond55.53 Cr0.90%
HDFC Bank LimitedBond - Corporate Bond51.23 Cr0.83%
HDFC Bank LimitedBond - Corporate Bond51.18 Cr0.83%
Power Finance Corporation LimitedBond - Corporate Bond51.14 Cr0.82%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond50.86 Cr0.82%
Power Finance Corporation Ltd.Bond - Corporate Bond50.62 Cr0.82%
National Housing BankBond - Corporate Bond50.58 Cr0.82%
Small Industries Development Bank Of IndiaBond - Corporate Bond50.55 Cr0.81%
Bajaj Finance LimitedBond - Corporate Bond50.55 Cr0.81%
Export-Import Bank Of IndiaBond - Corporate Bond50.46 Cr0.81%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed50.44 Cr0.81%
National Housing BankBond - Corporate Bond50.44 Cr0.81%
Small Industries Development Bank Of IndiaBond - Corporate Bond50.43 Cr0.81%
Bajaj Housing Finance LimitedBond - Corporate Bond50.42 Cr0.81%
India Grid TrustBond - Corporate Bond50.42 Cr0.81%
Power Finance Corporation Ltd.Bond - Corporate Bond50.24 Cr0.81%
Bajaj Housing Finance LimitedBond - Corporate Bond50.15 Cr0.81%
National Housing BankBond - Corporate Bond50.08 Cr0.81%
Summit Digitel Infrastructure LimitedBond - Corporate Bond50.08 Cr0.81%
Citicorp Finance (India) LimitedBond - Corporate Bond50.03 Cr0.81%
Hdb Financial Services Ltd.Bond - Corporate Bond46.79 Cr0.75%
Tata Capital Housing Finance LimitedBond - Corporate Bond45.15 Cr0.73%
Power Grid Corporation Of India LimitedBond - Corporate Bond42.01 Cr0.68%
Power Grid Corporation Of India LimitedBond - Corporate Bond41.26 Cr0.67%
Bajaj Finance LimitedBond - Corporate Bond40.56 Cr0.65%
Dme Development LimitedBond - Corporate Bond36.23 Cr0.58%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond35.56 Cr0.57%
Kotak Mahindra Prime LimitedBond - Corporate Bond35.29 Cr0.57%
7.18% Govt Stock 2037Bond - Gov't/Treasury31.23 Cr0.50%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond30.29 Cr0.49%
Small Industries Development Bank Of IndiaBond - Corporate Bond30.25 Cr0.49%
6.92% Govt Stock 2039Bond - Gov't/Treasury25.54 Cr0.41%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond25.32 Cr0.41%
Export-Import Bank Of IndiaBond - Corporate Bond25.26 Cr0.41%
Tata Capital LimitedBond - Corporate Bond25.26 Cr0.41%
Pipeline Infrastructure Pvt Ltd.Bond - Corporate Bond25.24 Cr0.41%
Power Finance Corporation Ltd.Bond - Corporate Bond25.2 Cr0.41%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.2 Cr0.41%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.19 Cr0.41%
Bajaj Finance LimitedBond - Corporate Bond25.17 Cr0.41%
Rec LimitedBond - Corporate Bond25.16 Cr0.41%
Power Finance Corporation Ltd.Bond - Corporate Bond25.14 Cr0.41%
Clearing Corporation Of India LtdCash - Repurchase Agreement23.61 Cr0.38%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed23.31 Cr0.38%
Goi120327 StrBond - Gov't/Treasury22.06 Cr0.36%
Goi120327 StrBond - Gov't/Treasury21.36 Cr0.34%
Power Grid Corporation Of India LimitedBond - Corporate Bond20.28 Cr0.33%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed18.46 Cr0.30%
Goi 19.03.2027 GovBond - Gov't/Treasury18.25 Cr0.29%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End16.48 Cr0.27%
GS CG 22/2/2027 - (STRIPS) StripsBond - Gov't/Treasury14.96 Cr0.24%
Bajaj Housing Finance LimitedBond - Corporate Bond10.28 Cr0.17%
HDFC Bank LimitedBond - Corporate Bond10.22 Cr0.16%
India Infradebt LimitedBond - Corporate Bond9.99 Cr0.16%
Government Of IndiaBond - Gov't/Treasury9.14 Cr0.15%
Goi Strips 2028Bond - Gov't/Treasury8.18 Cr0.13%
07.78 Bihar Gs 2031Bond - Gov't/Treasury5.22 Cr0.08%
7.25% Govt Stock 2063Bond - Gov't/Treasury5.2 Cr0.08%
08.15 Tn SDL 2028Bond - Gov't/Treasury5.18 Cr0.08%
HDFC Bank LimitedBond - Corporate Bond5.16 Cr0.08%
6.79% Govt Stock 2034Bond - Gov't/Treasury5.07 Cr0.08%
L & T Finance LtdBond - Corporate Bond5.06 Cr0.08%
7.17% Govt Stock 2030Bond - Gov't/Treasury4.99 Cr0.08%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.1 Cr0.07%
7.32% Govt Stock 2030Bond - Gov't/Treasury3.78 Cr0.06%
08.21 HR UDAY 2026Bond - Gov't Agency Debt3.36 Cr0.05%
07.72 MH Sdl 2034Bond - Gov't/Treasury3.15 Cr0.05%
Power Finance Corporation LimitedBond - Corporate Bond2 Cr0.03%
7.26% Govt Stock 2032Bond - Gov't/Treasury1.57 Cr0.03%
7.37% Govt Stock 2028Bond - Gov't/Treasury1.45 Cr0.02%
07.29 KA Sdl 2034Bond - Gov't/Treasury1.45 Cr0.02%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (07/11/2029) (Fv 25Interest Rate Swap0.46 Cr0.01%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (21/03/2029) (Fv 25Interest Rate Swap0.45 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond4,265.63 Cr68.77%
Bond - Gov't/Treasury1,407.98 Cr22.70%
Cash - Collateral209.11 Cr3.37%
Bond - Asset Backed189.52 Cr3.06%
Bond - Sub-sovereign Government Debt86.2 Cr1.39%
Cash - Repurchase Agreement23.61 Cr0.38%
Mutual Fund - Open End16.48 Cr0.27%
Bond - Gov't Agency Debt3.36 Cr0.05%
Interest Rate Swap0.9 Cr0.01%
Cash - CD/Time Deposit0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

1.14%

Cat. avg.

1.67%

Lower the better

Sharpe Ratio

This fund

0.68

Cat. avg.

-0.09

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.04

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since July 2017

Hardik Shah

Hardik Shah

Since January 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF846K01ZM8
Expense Ratio
0.32%
Exit Load
No Charges
Fund Size
₹6,203 Cr
Age
7 years 9 months
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
IISL NIFTY Corporate Bond Index TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Corporate Bond Funds

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5807.89 Cr9.4%
SBI Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹22154.04 Cr9.7%
ICICI Prudential Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹29929.41 Cr9.3%
SBI Corporate Bond Fund Regular Growth

Moderate Risk

0.8%0.0%₹22154.04 Cr9.2%
Nippon India Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹6738.28 Cr10.0%
Invesco India Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹5642.87 Cr9.7%
Canara Robeco Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹118.86 Cr9.0%
Canara Robeco Corporate Bond Fund Regular Growth

Moderate Risk

1.0%0.0%₹118.86 Cr8.3%
Invesco India Corporate Bond Fund Regular Growth

Moderate Risk

0.7%0.0%₹5642.87 Cr9.3%
Kotak Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹14638.79 Cr9.8%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,02,943 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹58.11 Cr8.5%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹5297.79 Cr6.9%
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%₹92.41 Cr8.2%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%₹76.51 Cr8.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.71 Cr8.5%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹12961.49 Cr8.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹807.68 Cr6.4%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹430.80 Cr3.0%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12039.75 Cr9.5%
Axis Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹14611.11 Cr8.1%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1520.96 Cr10.3%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1091.24 Cr1.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹6202.78 Cr9.9%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1213.83 Cr1.2%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5746.00 Cr7.9%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹451.92 Cr6.3%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹815.71 Cr11.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%0.0%₹151.49 Cr10.1%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹868.45 Cr12.1%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹32349.42 Cr5.8%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1355.48 Cr10.3%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹944.45 Cr26.9%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹12346.51 Cr5.0%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹272.16 Cr10.0%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1898.61 Cr10.4%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34176.50 Cr6.4%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹9024.40 Cr9.7%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32608.90 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1348.35 Cr10.1%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹28063.01 Cr10.6%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5830.11 Cr8.3%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹940.08 Cr8.2%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2807.81 Cr13.1%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹396.04 Cr6.0%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹125.73 Cr-1.8%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹32.84 Cr9.1%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹360.19 Cr9.6%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹4800.70 Cr8.0%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹6979.46 Cr12.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.81 Cr9.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹275.75 Cr7.3%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹80.72 Cr14.0%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹306.38 Cr2.5%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹457.26 Cr7.3%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹392.46 Cr12.3%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹648.61 Cr5.8%

Still got questions?
We're here to help.

The NAV of Axis Corporate Debt Fund Direct Growth, as of 15-Apr-2025, is ₹17.80.
The fund has generated 9.94% over the last 1 year and 7.83% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 95.79% in bonds, and 3.95% in cash and cash equivalents.
The fund managers responsible for Axis Corporate Debt Fund Direct Growth are:-
  1. Devang Shah
  2. Hardik Shah
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