Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

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

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previously known as Axis Corp Debt Optys Dir Dl DR until

NAV on July 26, 2024
Category Fixed income:
Corporate Bond
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,427 cr
Turnover Ratio 339.11%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.10%
  • 1Y: 7.04%
  • 3M: 1.67%
  • 3Y: 5.84%
  • 6M: 3.61%
  • 5Y: 7.08%
Min Investment 100
ADDITIONAL INFO
Fund Manager Devang Shah (Since about 7 years) Hardik Shah (Since over 2 years)
ISIN INF846K01ZN6
Fund Family Axis
Launch Date July 13, 2017
Benchmark IISL NIFTY Corporate Bond Index TR INR
Avg. Maturity 4.85 years
Yield To Maturity (%) 7.64%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs IISL NIFTY Corporate Bond Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 0.378
Sharpe 0.266
Std Dev 1.063
Risk Below Average
INVESTMENT OBJECTIVE

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
106.017 7.96% 20,301 cr 0.34% Below Average
30.695 7.92% 29,258 cr 0.36% Average
16.605 7.85% 5,427 cr 0.30% Below Average
57.822 7.84% 3,215 cr 0.35% Below Average
28.863 7.83% 26,944 cr 0.34% Low
3630.060 7.77% 12,876 cr 0.34% Below Average
15.448 7.48% 3,796 cr 0.28% Below Average
Best Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
106.017 7.96% 20,301 cr 0.34% Below Average
30.695 7.92% 29,258 cr 0.36% Average
11.650 7.88% 1,572 cr 0.32% -
16.605 7.85% 5,427 cr 0.3% Below Average
3630.060 7.77% 12,876 cr 0.34% Below Average
26.821 7.50% 150 cr 0.2% Average
12.008 7.32% 45 cr 0.22% Average


Other plans of Axis Corporate Debt


Other Debt funds by Axis