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Axis Corporate Debt Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Corporate Bond Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 13.7691 0.03%
    (as on 18th June, 2021)
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Crisil Rank
Above average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 88.99% investment in Debt of which 15.56% in Government securities, 73.43% 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 3 to 4 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 18th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Jun-21 9984.50 -0.15% - -0.19% 8/20
1 Month 18-May-21 10039.20 0.39% - 0.36% 8/20
3 Month 18-Mar-21 10218.40 2.18% - 2.21% 10/20
6 Month 18-Dec-20 10220.60 2.21% - 1.86% 3/19
YTD 01-Jan-21 10188.80 1.89% - 1.63% 4/19
1 Year 18-Jun-20 10823.30 8.23% 8.23% 5.58% 1/19
2 Year 18-Jun-19 12124.80 21.25% 10.10% 7.96% 1/19
3 Year 18-Jun-18 12885.30 28.85% 8.81% 8.80% 10/15
Since Inception 18-Jul-17 13735.40 37.35% 8.43% 7.99% 11/20

SIP Returns (NAV as on 18th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 18-Jun-20 12000 12405.41 3.38 % 6.32 %
2 Year 18-Jun-19 24000 26256.31 9.4 % 8.89 %
3 Year 18-Jun-18 36000 41072.97 14.09 % 8.74 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

No of Debt Holding 86 (Category Avg - 86.71) | Modified Duration 1.80 Years (Category Avg - 1.98)| Yield to Maturity 4.94% (Category Avg - 4.91%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 15.01% 13.91%
CD 0.00% 0.01%
T-Bills 0.55% 0.86%
CP 1.61% 0.34%
NCD & Bonds 70.93% 77.23%
PTC 0.89% 0.22%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 15.56% 14.77%
Low Risk 73.43% 77.80%
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 6.57%
Net Receivables Net Receivables 4.44%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    High volatility
    3.2vs2.55
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    1.39vs1.55
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.68
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Franklin India Corporate Debt Fund - Plan A - Direct - Growth 3 859.09 0.30 2.06 2.15 7.88 9.01
Nippon India Corporate Bond Fund - Direct Plan - Growth 3 2656.45 0.48 2.25 2.54 7.83 8.29
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan - Growth 4 24668.77 0.40 2.37 2.16 7.31 9.52
PGIM India Premier Bond Fund - Direct Plan - Growth 3 80.17 0.44 2.31 2.42 7.28 8.82
HDFC Corporate Bond Fund - Direct Plan - Growth 3 26184.06 0.44 2.59 1.89 7.26 9.63
IDFC Corporate Bond Fund - Direct Plan - Growth 4 20977.98 0.33 2.49 1.90 7.08 8.99
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth 5 19870.87 0.44 2.02 2.16 6.93 9.09
Kotak Corporate Bond Fund - Direct Plan - Growth 3 9646.01 0.42 2.29 1.82 6.68 8.68
UTI Corporate Bond Fund - Direct Plan - Growth Option 2 3406.86 0.31 2.07 1.71 6.46 0.00
Sundaram Corporate Bond Fund - Direct Plan Growth 3 1144.01 0.31 2.07 2.00 6.45 9.87

More Funds from Axis Mutual Fund

Out of 48 mutual fund schemes offered by this AMC, 8 is/are ranked 4 * , 10 is/are ranked 3 * , and 30 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 3 29575.29 5.07 8.93 13.41 56.26 16.03
Axis Bluechip Fund - Direct Plan - Growth 4 27142.15 4.61 8.78 11.66 50.41 16.99
Axis Liquid Fund - Direct Plan - Growth 3 21794.56 0.27 0.83 1.61 3.28 5.54
Axis Banking & PSU Debt Fund - Direct Plan - Growth 4 17077.05 0.30 1.68 1.80 5.78 9.24
Axis Focused 25 Fund - Direct Plan - Growth 3 16540.09 4.73 9.47 12.37 57.35 15.40
Axis Short Term Fund - Direct Plan - Growth 3 12069.96 0.39 2.05 2.01 6.75 9.26
Axis Midcap Fund - Direct Plan - Growth 4 11834.27 5.46 11.75 23.01 64.18 21.54
Axis Treasury Advantage Fund - Direct Plan - Growth 3 10157.76 0.33 1.34 2.04 5.36 7.73
Axis Flexi Cap Fund - Direct Plan - Growth 3 8229.89 5.04 9.05 13.52 52.50 17.28
Axis Overnight Fund - Direct Plan - Growth NA 6878.07 0.27 0.81 1.57 3.11 0.00

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