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 April 16, 2024
Category Fixed income:
Corporate Bond
Interest rate sensitivity
Credit quality
Moderate Sensitivity High Quality
Total Assets 5,363 cr
Turnover Ratio 339.11%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.32%
  • 1Y: 7.43%
  • 3M: 1.88%
  • 3Y: 5.79%
  • 6M: 3.98%
  • 5Y: 6.46%
Min Investment 100
ADDITIONAL INFO
Fund Manager Devang Shah (Since almost 7 years) Hardik Shah (Since about 2 years)
ISIN INF846K01ZN6
Fund Family Axis
Launch Date July 13, 2017
Benchmark IISL NIFTY Corporate Bond Index TR INR
Avg. Maturity 4.74 years
Yield To Maturity (%) 7.62%
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 0.657
Sharpe 0.441
Std Dev 1.057
Risk 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
28.190 7.87% 26,230 cr 0.32% Low
29.926 7.82% 28,432 cr 0.35% Average
56.399 7.59% 2,818 cr 0.34% Average
103.245 7.56% 21,135 cr 0.33% Average
3537.840 7.45% 11,584 cr 0.33% Below Average
15.072 7.15% 3,572 cr 0.29% Below Average
96.065 7.04% 748 cr 0.29% Below Average
Best Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
28.190 7.87% 26,230 cr 0.32% Low
29.926 7.82% 28,432 cr 0.35% Average
56.399 7.59% 2,818 cr 0.34% Average
103.245 7.56% 21,135 cr 0.33% Average
26.155 7.55% 147 cr 0.2% Above Average
16.180 7.49% 5,363 cr 0.3% Below Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
11.349 7.52% 1,034 cr 0.31% -


Other plans of Axis Corporate Debt


Other Debt funds by Axis