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Axis Corporate Debt Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Corporate Bond Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 13.287 -0.02%
    (as on 16th October, 2020)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately Low

Fund has 97.17% investment in Debt of which 18.91% in Government securities, 78.26% in funds invested in very low risk securities..

Suitable For : Investors who want to invest money for longer duration but prefer less riskier assets compared to equity funds.

Crisil Rank Change : Fund Crisil rank was updated from 1 to 2 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 16th October, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 09-Oct-20 10032.70 0.33% - 0.30% 8/20
1 Month 16-Sep-20 10123.60 1.24% - 1.26% 12/19
3 Month 16-Jul-20 10186.40 1.86% - 1.08% 3/20
6 Month 16-Apr-20 10826.50 8.27% - 5.76% 3/20
YTD 01-Jan-20 11047.40 10.47% - 7.74% 2/20
1 Year 16-Oct-19 11256.70 12.57% 12.53% 9.45% 2/20
2 Year 16-Oct-18 12101.30 21.01% 9.99% 10.04% 14/18
3 Year 16-Oct-17 13007.30 30.07% 9.15% 7.97% 3/15
Since Inception 18-Jul-17 13254.50 32.54% 9.06% 8.59% 9/20

SIP Returns (NAV as on 16th October, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Oct-19 12000 12867.16 7.23 % 13.61 %
2 Year 16-Oct-18 24000 26853.88 11.89 % 11.18 %
3 Year 16-Oct-17 36000 41983.85 16.62 % 10.23 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2020)

No of Debt Holding 56 (Category Avg - 66.33) | Modified Duration 2.50 Years (Category Avg - 2.45)| Yield to Maturity 5.53% (Category Avg - 5.33%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 18.91% 11.94%
CD 0.00% 0.06%
T-Bills 0.00% 1.16%
CP 5.04% 0.30%
NCD & Bonds 70.13% 67.79%
PTC 3.09% 0.97%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 18.91% 13.10%
Low Risk 78.26% 68.81%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 7.94%
Net Receivables Net Receivables -5.11%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2020)

  • Standard Deviation

    High volatility
    3.18vs2.63
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.26vs0.93
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.03vs0.55
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
L&T Triple Ace Bond Fund - Direct Plan - Growth 5 5301.17 1.26 0.48 8.71 13.57 9.87
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - Growth 4 20644.63 1.34 1.56 7.99 11.90 9.22
HDFC Corporate Bond Fund - Direct Plan - Growth 4 20526.18 1.37 1.43 7.86 11.81 9.15
UTI Corporate Bond Fund - Direct Plan - Growth Option 4 1808.69 1.41 1.54 7.83 11.69 0.00
Sundaram Corporate Bond Fund - Direct Plan Growth 5 1044.40 1.36 1.45 7.33 11.62 8.66
IDFC Corporate Bond Fund - Direct Plan - Growth 3 18235.79 1.56 1.19 8.30 11.48 8.61
Union Corporate Bond Fund - Direct Plan - Growth 2 313.75 1.64 1.24 7.66 11.27 0.00
SBI Corporate Bond Fund - Direct Plan - Growth 3 25314.10 1.37 1.22 7.23 11.21 0.00
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth 3 15201.23 1.12 1.38 7.28 11.13 8.86
PGIM India Premier Bond Fund - Direct Plan - Growth 3 72.90 1.42 1.75 7.37 10.97 8.16

More Funds from Axis Mutual Fund

Out of 50 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 3 is/are ranked 4 * , 7 is/are ranked 3 * , 2 is/are ranked 2 * , and 35 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Direct Plan - Growth 3 24816.55 0.29 0.84 1.95 4.81 6.42
Axis Long Term Equity Fund - Direct Plan - Growth 4 21835.55 -0.05 8.24 20.13 0.70 6.86
Axis Banking & PSU Debt Fund - Direct Plan - Growth 3 17590.73 1.06 1.41 6.62 10.34 9.48
Axis Bluechip Fund - Direct Plan - Growth 5 17270.02 1.31 7.96 20.76 3.65 10.36
Axis Focused 25 Fund - Direct Plan - Growth 3 11454.82 0.27 9.36 26.28 3.30 7.36
Axis Treasury Advantage Fund - Direct Plan - Growth 3 8146.49 0.63 1.30 4.73 8.03 8.25
Axis Short Term Fund - Direct Plan - Growth 3 8114.72 1.06 1.55 6.98 11.17 9.09
Axis Midcap Fund - Direct Plan - Growth 5 6731.64 -1.61 10.82 23.19 12.70 11.16
Axis Multicap Fund - Direct Plan - Growth NA 6366.65 0.15 6.97 18.76 1.95 0.00
Axis Overnight Fund - Direct Plan - Growth NA 5347.45 0.26 0.78 1.55 3.82 0.00

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