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Axis Corporate Debt Fund - Growth

  • Regular
  • Direct
Category : Corporate Bond Fund
Fund House :
  • NAV
    : ₹ 14.0815 0.05%
    (as on 05th December, 2022)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Low to Moderate

The fund has 95.12% investment in Debt, of which 26.46% in Government securities, 68.66% is in Low Risk securities.

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

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 05th December, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 28-Nov-22 10013.70 0.14% - 0.14% 14/20
1 Month 04-Nov-22 10081.50 0.82% - 0.82% 9/20
3 Month 05-Sep-22 10116.70 1.17% - 1.14% 8/20
6 Month 03-Jun-22 10303.70 3.04% - 2.94% 7/20
YTD 31-Dec-21 10339.40 3.39% - 2.77% 5/20
1 Year 03-Dec-21 10355.20 3.55% 3.53% 2.85% 4/20
2 Year 04-Dec-20 10751.20 7.51% 3.68% 3.33% 5/18
3 Year 05-Dec-19 12002.00 20.02% 6.27% 5.70% 4/18
5 Year 05-Dec-17 13710.60 37.11% 6.51% 6.35% 8/14
Since Inception 18-Jul-17 14049.00 40.49% 6.52% 6.79% 16/21

SIP Returns (NAV as on 05th December, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 03-Dec-21 12000 12290.61 2.42 % 4.51 %
2 Year 04-Dec-20 24000 24992.3 4.13 % 3.95 %
3 Year 05-Dec-19 36000 38714.73 7.54 % 4.78 %
5 Year 05-Dec-17 60000 69639.4 16.07 % 5.89 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 31st Oct,2022)

No of Debt Holding 93 (Category Avg - 68.25) | Modified Duration 1.72 Years (Category Avg - 1.73)| Yield to Maturity 7.64% (Category Avg - 7.46%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 26.46% 19.59%
CD 0.00% 2.49%
T-Bills 0.00% 0.51%
CP 1.57% 0.44%
NCD & Bonds 65.62% 79.77%
PTC 1.47% 0.20%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 26.46% 20.10%
Low Risk 68.66% 82.90%
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 3.42%
Net Receivables Net Receivables 1.46%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th November, 2022)

  • Standard Deviation

    High volatility
    2.27vs2.11
    Category Avg
  • Beta

    High volatility
    1.15vs0.72
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.06vs-0.19
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.2vs-0.75
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Nippon India Corporate Bond Fund - Growth 3 1527.24 0.87 1.44 3.39 4.17 6.23
ICICI Prudential Corporate Bond Fund - Growth 5 14985.07 0.62 1.57 3.52 4.08 6.34
Aditya Birla Sun Life Corporate Bond Fund - Regular Plan - Growth 4 12603.37 0.80 1.29 3.40 3.79 6.60
Kotak Corporate Bond Fund - Growth 3 8613.69 0.77 1.29 2.97 3.47 5.66
Sundaram Corporate Bond Fund - Growth 5 1046.57 0.60 1.17 2.54 3.26 5.89
UTI Corporate Bond Fund - Regular Plan - Growth Option 3 3140.96 0.76 1.13 2.76 3.20 5.88
SBI Corporate Bond Fund - Regular Plan - Growth 2 15475.79 0.90 1.31 2.79 3.10 5.48
HDFC Corporate Bond Fund - Growth 4 21472.51 0.82 1.18 3.48 2.99 6.29
Franklin India Corporate Debt Fund - Plan A - Growth 3 763.92 0.83 1.08 2.65 2.97 5.30
PGIM India Corporate Bond Fund - Growth 3 53.80 0.57 0.77 2.24 2.88 5.52

More Funds from

Out of 68 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 6 is/are ranked 4 * , 6 is/are ranked 3 * , 3 is/are ranked 2 * , 5 is/are ranked 1 * , and 47 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Bluechip Fund - Growth 1 36871.42 0.92 1.03 9.60 -2.21 12.42
Axis Long Term Equity Fund - Growth 1 31623.92 -0.13 -2.49 9.12 -9.46 11.71
Axis Liquid Fund - Growth 3 27252.55 0.53 1.48 2.77 4.63 4.10
Axis Midcap Fund - Growth 3 19708.09 0.54 -0.13 11.26 -0.43 20.53
Axis Focused 25 Fund - Growth 1 18163.04 0.02 -2.65 5.87 -11.40 10.69
Axis Banking & PSU Debt Fund - Growth 4 13252.93 0.86 1.12 2.55 3.74 5.52
Axis Overnight Fund - Regular Plan - Growth NA 13126.49 0.47 1.43 2.66 4.47 3.69
Axis Flexi Cap Fund - Growth 1 11243.74 0.55 0.44 9.65 -4.79 13.44
Axis Small Cap Fund - Growth 3 10992.39 3.13 3.87 13.82 8.30 27.70
Axis Growth Opportunities Fund - Growth NA 8459.58 1.66 -1.75 8.36 -4.24 19.90

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