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 June 14, 2024
Category Fixed income:
Corporate Bond
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 5,282 cr
Turnover Ratio 339.11%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.00%
  • 1Y: 6.01%
  • 3M: 0.45%
  • 3Y: 5.32%
  • 6M: 2.79%
  • 5Y: 7.02%
Min Investment 100
ADDITIONAL INFO
Fund Manager Devang Shah (Since almost 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 4.71 years
Yield To Maturity (%) 7.68%
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 -0.223
Sharpe -0.171
Std Dev 1.091
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
28.581 7.76% 27,286 cr 0.32% Low
30.349 7.67% 28,959 cr 0.35% Average
104.827 7.66% 22,042 cr 0.33% Average
3588.595 7.42% 12,541 cr 0.34% Below Average
57.206 7.41% 3,178 cr 0.35% Average
15.290 7.19% 3,856 cr 0.28% Below Average
97.283 6.99% 761 cr 0.23% Below Average
Best Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
28.581 7.76% 27,286 cr 0.32% Low
30.349 7.67% 28,959 cr 0.35% Average
104.827 7.66% 22,042 cr 0.33% Average
16.413 7.48% 5,282 cr 0.3% Below Average
3588.595 7.42% 12,541 cr 0.34% Below Average
57.206 7.41% 3,178 cr 0.35% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
11.525 7.50% 1,068 cr 0.31% -


Other plans of Axis Corporate Debt


Other Debt funds by Axis