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Fund Overview

Fund Size

Fund Size

₹5,900 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, 4 months and 9 days, having been launched on 13-Jul-17.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹17.05, Assets Under Management (AUM) of 5899.70 Crores, and an expense ratio of 0.32%.
  • Axis Corporate Debt Fund Direct Growth has given a CAGR return of 7.52% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 94.12% in debts, and 5.64% 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

+8.77%

+7.76% (Cat Avg.)

3 Years

+6.69%

+5.75% (Cat Avg.)

5 Years

+7.35%

+6.14% (Cat Avg.)

Since Inception

+7.52%

(Cat Avg.)

Portfolio Summaryas of 15th November 2024

Debt5,552.92 Cr94.12%
Others346.78 Cr5.88%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.1% Govt Stock 2034Bond - Gov't/Treasury421.84 Cr7.15%
7.18% Govt Stock 2033Bond - Gov't/Treasury198.55 Cr3.37%
Clearing Corporation Of India LtdCash - Repurchase Agreement159.17 Cr2.70%
7.26% Govt Stock 2033Bond - Gov't/Treasury158.43 Cr2.69%
Small Industries Development Bank Of IndiaBond - Corporate Bond150.17 Cr2.55%
Net Receivables / (Payables)Cash - Collateral139.21 Cr2.36%
Summit Digitel Infrastructure LimitedBond - Corporate Bond137.73 Cr2.33%
Power Finance Corp Ltd. 7.6%Bond - Corporate Bond136.11 Cr2.31%
7.32% Govt Stock 2030Bond - Gov't/Treasury131.62 Cr2.23%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond130.56 Cr2.21%
Kohima Mariani Transmission LimitedBond - Corporate Bond117.72 Cr2.00%
7.93% Govt Stock 2033Bond - Gov't/Treasury108.45 Cr1.84%
Small Industries Development Bank Of IndiaBond - Corporate Bond105.64 Cr1.79%
Reliance Jio Infratel Private LimitedBond - Corporate Bond101.31 Cr1.72%
Bajaj Housing Finance LimitedBond - Corporate Bond100.87 Cr1.71%
India Grid TrustBond - Corporate Bond100.63 Cr1.71%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.56 Cr1.70%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.47 Cr1.70%
Small Industries Development Bank Of IndiaBond - Corporate Bond100.44 Cr1.70%
Rural Electrification Corporation LimitedBond - Corporate Bond100.31 Cr1.70%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond99.85 Cr1.69%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed99.84 Cr1.69%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond91.73 Cr1.55%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond85.51 Cr1.45%
6.54% Govt Stock 2032Bond - Gov't/Treasury83.45 Cr1.41%
HDFC Bank LimitedBond - Corporate Bond81.33 Cr1.38%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond75.63 Cr1.28%
Tata Capital Housing Finance LimitedBond - Corporate Bond75.37 Cr1.28%
Small Industries Development Bank Of IndiaBond - Corporate Bond74.92 Cr1.27%
India Grid Trust 7.88%Bond - Corporate Bond70.72 Cr1.20%
Small Industries Development Bank Of IndiaBond - Corporate Bond70 Cr1.19%
Hdb Financial Services LimitedBond - Corporate Bond65.62 Cr1.11%
State Bank Of IndiaBond - Corporate Bond63.88 Cr1.08%
Kotak Mahindra Prime LimitedBond - Corporate Bond60.45 Cr1.02%
Larsen And Toubro LimitedBond - Corporate Bond55.52 Cr0.94%
Bajaj Housing Finance LimitedBond - Corporate Bond50.99 Cr0.86%
Power Finance Corporation LimitedBond - Corporate Bond50.72 Cr0.86%
7.17% Govt Stock 2030Bond - Gov't/Treasury50.57 Cr0.86%
Rural Electrification Corporation LimitedBond - Corporate Bond50.49 Cr0.86%
India Grid TrustBond - Corporate Bond50.41 Cr0.85%
Bajaj Finance LimitedBond - Corporate Bond50.33 Cr0.85%
Bajaj Housing Finance LimitedBond - Corporate Bond50.3 Cr0.85%
National Housing BankBond - Corporate Bond50.26 Cr0.85%
Power Finance Corporation Ltd.Bond - Corporate Bond50.23 Cr0.85%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond50.14 Cr0.85%
Rural Electrification Corporation LimitedBond - Corporate Bond50.05 Cr0.85%
Tata Capital Housing Finance LimitedBond - Corporate Bond50 Cr0.85%
India (Republic of) 6.92%Bond - Gov't/Treasury49.98 Cr0.85%
Citicorp Finance (India) LimitedBond - Corporate Bond49.97 Cr0.85%
Tata Capital Housing Finance LimitedBond - Corporate Bond49.94 Cr0.85%
Hdb Financial Services LimitedBond - Corporate Bond49.78 Cr0.84%
Summit Digitel Infrastructure LimitedBond - Corporate Bond49.73 Cr0.84%
Hdb Financial Services Ltd.Bond - Corporate Bond49.68 Cr0.84%
Tata Capital Housing Finance LimitedBond - Corporate Bond49.12 Cr0.83%
Small Industries Development Bank Of IndiaBond - Corporate Bond45.55 Cr0.77%
Bajaj Finance LimitedBond - Corporate Bond45.32 Cr0.77%
Bajaj Housing Finance LimitedBond - Corporate Bond45.24 Cr0.77%
Power Grid Corporation Of India LimitedBond - Corporate Bond44.57 Cr0.76%
Power Grid Corporation Of India LimitedBond - Corporate Bond41.32 Cr0.70%
Bajaj Finance LimitedBond - Corporate Bond40.42 Cr0.69%
Tata Capital LimitedBond - Corporate Bond40.31 Cr0.68%
Dme Development LimitedBond - Corporate Bond36.62 Cr0.62%
HDFC Bank LimitedBond - Corporate Bond35.58 Cr0.60%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond35.42 Cr0.60%
7.18% Govt Stock 2037Bond - Gov't/Treasury30.63 Cr0.52%
Power Finance Corporation Ltd.Bond - Corporate Bond30.29 Cr0.51%
HDFC Bank LimitedBond - Corporate Bond25.37 Cr0.43%
Indian Railway Finance Corporation LimitedBond - Corporate Bond25.28 Cr0.43%
Summit Digitel Infrastructure LimitedBond - Corporate Bond25.26 Cr0.43%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond25.25 Cr0.43%
Pipeline Infrastructure Pvt Ltd.Bond - Corporate Bond25.24 Cr0.43%
Power Finance Corporation LimitedBond - Corporate Bond25.21 Cr0.43%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.11 Cr0.43%
Power Finance Corporation Ltd.Bond - Corporate Bond25.03 Cr0.42%
Rural Electrification Corporation LimitedBond - Corporate Bond25.03 Cr0.42%
India Infradebt LimitedBond - Corporate Bond25.01 Cr0.42%
INDIA UNIVERSAL TRUST AL1Bond - Asset Backed24.78 Cr0.42%
Power Grid Corporation Of India LimitedBond - Corporate Bond21.55 Cr0.37%
Goi120327 StrBond - Gov't/Treasury21.42 Cr0.36%
Goi120327 StrBond - Gov't/Treasury20.71 Cr0.35%
Goi 19.03.2027 GovBond - Gov't/Treasury17.71 Cr0.30%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.98 Cr0.25%
GS CG 22/2/2027 - (STRIPS) StripsBond - Gov't/Treasury14.52 Cr0.25%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2Mutual Fund - Open End13.98 Cr0.24%
07.78 Bihar Gs 2031Bond - Gov't/Treasury10.37 Cr0.18%
HDFC Bank LimitedBond - Corporate Bond10.29 Cr0.17%
6.79% Govt Stock 2034Bond - Gov't/Treasury9.97 Cr0.17%
India Infradebt LimitedBond - Corporate Bond9.96 Cr0.17%
India Infradebt LimitedBond - Corporate Bond9.4 Cr0.16%
Gs CG 05/08/2027 - (Strips) StripsBond - Gov't/Treasury8.86 Cr0.15%
Goi Strips 2028Bond - Gov't/Treasury7.92 Cr0.13%
08.15 Tn SDL 2028Bond - Gov't/Treasury5.17 Cr0.09%
7.25% Govt Stock 2063Bond - Gov't/Treasury5.14 Cr0.09%
HDFC Bank LimitedBond - Corporate Bond5.12 Cr0.09%
Rec LimitedBond - Corporate Bond5.04 Cr0.09%
Small Industries Development Bank Of IndiaBond - Corporate Bond5.04 Cr0.09%
Indian Railway Finance Corporation LimitedBond - Corporate Bond5.03 Cr0.09%
Tata Capital Housing Finance LimitedBond - Corporate Bond5.01 Cr0.08%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.09 Cr0.07%
ICICI Bank LimitedBond - Corporate Bond3.99 Cr0.07%
08.21 HR UDAY 2026Bond - Gov't Agency Debt3.37 Cr0.06%
Power Finance Corporation LimitedBond - Corporate Bond2.01 Cr0.03%
7.26% Govt Stock 2032Bond - Gov't/Treasury1.54 Cr0.03%
7.37% Govt Stock 2028Bond - Gov't/Treasury1.44 Cr0.02%
07.29 KA Sdl 2034Bond - Gov't/Treasury1.43 Cr0.02%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (12/04/2029) (Fv 50Interest Rate Swap0.25 Cr0.00%
Interest Rate Swaps Pay Floating Receive Fix -Icisecpd (12/04/2029) (Fv 250Interest Rate Swap0.12 Cr0.00%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (21/03/2029) (Fv 25Interest Rate Swap0.07 Cr0.00%
Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (07/11/2029) (Fv 25Interest Rate Swap0.03 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond4,099.13 Cr69.48%
Bond - Gov't/Treasury1,359.74 Cr23.05%
Cash - Repurchase Agreement159.17 Cr2.70%
Cash - Collateral139.21 Cr2.36%
Bond - Asset Backed124.62 Cr2.11%
Mutual Fund - Open End13.98 Cr0.24%
Bond - Gov't Agency Debt3.37 Cr0.06%
Interest Rate Swap0.47 Cr0.01%

Risk & Performance Ratios

Standard Deviation

This fund

1.08%

Cat. avg.

1.50%

Lower the better

Sharpe Ratio

This fund

0.56

Cat. avg.

-0.26

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.24

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since July 2017

Hardik Shah

Hardik Shah

Since January 2022

Additional Scheme Detailsas of 15th November 2024

ISIN
INF846K01ZM8
Expense Ratio
0.32%
Exit Load
No Charges
Fund Size
₹5,900 Cr
Age
7 years 4 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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About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,29,913 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%₹67.96 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.4%1.0%₹6517.72 Cr-
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%-7.9%
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%-8.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹75.12 Cr8.6%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13122.37 Cr7.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹811.34 Cr23.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹447.47 Cr31.5%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12666.25 Cr29.3%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹17261.15 Cr7.9%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.1%1.0%₹1619.38 Cr21.9%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1225.58 Cr32.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5899.70 Cr8.8%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1333.40 Cr24.5%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5515.20 Cr8.4%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹331.48 Cr7.8%
Axis Value Fund Direct Growth

Very High Risk

0.9%1.0%₹749.48 Cr38.3%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%0.0%₹144.00 Cr9.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.3%0.0%₹696.10 Cr10.7%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33236.33 Cr22.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1596.89 Cr8.7%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹699.09 Cr24.1%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13355.81 Cr21.7%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.0%1.0%₹297.57 Cr10.8%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.5%1.0%₹1923.32 Cr9.5%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹36533.13 Cr24.6%
Axis Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹9301.38 Cr8.7%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34315.74 Cr7.5%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1280.52 Cr22.5%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹30008.06 Cr36.0%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6300.74 Cr8.1%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹1020.35 Cr16.1%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹2547.26 Cr26.0%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹398.21 Cr26.9%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹134.77 Cr31.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹31.74 Cr8.6%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹423.91 Cr8.9%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6235.93 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹6576.86 Cr38.6%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹70.70 Cr8.8%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹276.26 Cr7.4%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹56.03 Cr23.3%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹287.07 Cr42.9%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹512.79 Cr7.6%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹486.90 Cr11.5%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹547.96 Cr19.1%

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 21-Nov-2024, is ₹17.05.
The fund has generated 8.77% over the last 1 year and 6.69% 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, 94.12% in bonds, and 5.64% in cash and cash equivalents.
The fund managers responsible for Axis Corporate Debt Fund Direct Growth are:-
  1. Devang Shah
  2. Hardik Shah