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Axis Corporate Debt Fund - Growth

  • Regular
  • Direct
Category : Corporate Bond Fund
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 12.9433 -0.03%
    (as on 16th October, 2020)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately Low
(Min ₹1000 for SIP, ₹5000 for one time investment)

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 10031.50 0.32% - 0.29% 9/20
1 Month 16-Sep-20 10118.20 1.18% - 1.23% 12/19
3 Month 16-Jul-20 10169.80 1.70% - 0.98% 3/20
6 Month 16-Apr-20 10788.20 7.88% - 5.56% 4/20
YTD 01-Jan-20 10983.80 9.84% - 7.41% 4/20
1 Year 16-Oct-19 11173.90 11.74% 11.71% 9.03% 3/20
2 Year 16-Oct-18 11920.80 19.21% 9.17% 9.60% 14/18
3 Year 16-Oct-17 12700.30 27.00% 8.29% 7.49% 7/15
Since Inception 18-Jul-17 12913.50 29.13% 8.19% 7.93% 11/22

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 12816.43 6.8 % 12.8 %
2 Year 16-Oct-18 24000 26642.55 11.01 % 10.37 %
3 Year 16-Oct-17 36000 41474.95 15.21 % 9.4 %
 

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 - Growth 5 5301.17 1.23 0.40 8.54 13.21 9.54
Aditya Birla Sun Life Corporate Bond Fund - Regular Plan - Growth 4 20644.63 1.33 1.52 7.90 11.73 9.08
HDFC Corporate Bond Fund - Growth 4 20526.18 1.34 1.35 7.72 11.57 8.98
UTI Corporate Bond Fund - Regular Plan - Growth Option 4 1808.69 1.39 1.47 7.69 11.40 0.00
Sundaram Corporate Bond Fund - Growth 5 1044.40 1.34 1.39 7.21 11.39 8.29
IDFC Corporate Bond Fund - Regular Plan - Growth 3 18235.79 1.53 1.11 8.13 11.14 8.28
Union Corporate Bond Fund - Growth 2 313.75 1.61 1.15 7.47 10.90 0.00
ICICI Prudential Corporate Bond Fund - Growth 3 15201.23 1.09 1.30 7.11 10.78 8.53
SBI Corporate Bond Fund - Regular Plan - Growth 3 25314.10 1.32 1.09 6.96 10.64 0.00
Invesco India Corporate Bond Fund - Growth 3 1870.49 1.15 1.56 6.97 10.46 7.16

More Funds from Axis Mutual Fund

Out of 57 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 42 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Growth 3 24816.55 0.29 0.82 1.91 4.74 6.36
Axis Long Term Equity Fund - Growth 4 21835.55 -0.11 8.02 19.64 -0.09 5.88
Axis Banking & PSU Debt Fund - Growth 3 17590.73 1.03 1.33 6.45 10.00 9.17
Axis Bluechip Fund - Growth 5 17270.02 1.21 7.65 19.96 2.41 8.96
Axis Focused 25 Fund - Growth 3 11454.82 0.13 8.99 25.50 2.10 6.05
Axis Treasury Advantage Fund - Growth 3 8146.49 0.60 1.22 4.57 7.70 7.82
Axis Short Term Fund - Growth 3 8114.72 1.00 1.37 6.61 10.42 8.37
Axis Midcap Fund - Growth 5 6731.64 -1.72 10.42 22.33 11.17 9.79
Axis Multicap Fund - Growth NA 6366.65 0.08 6.59 17.88 0.48 0.00
Axis Overnight Fund - Regular Plan - Growth NA 5347.45 0.26 0.77 1.53 3.76 0.00

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