Axis Corporate Debt Fund - Dividend - Regular Plan

₹10.07 (0%)Nav, as on 24-05-2019
Previous Nav
₹ 10.0728
Net Change on 24-05-2019
₹0
PersonalFN Rating
Unrated
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 261.33
Expense Ratio
1.05%
(As on Apr 30, 2019)

Fund Overview Dividend | Regular Plan

Fund House
Axis Mutual Fund
Launch Date
13-Jul-2017
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
1,000
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
10.53
52 Week Low Nav Date
24-May-2018
52 Week High Nav (₹)
11.54
52 Week High Nav Date
24-May-2019

Fund Objective

The Scheme seeks to provide steady income and capital appreciation by investing in corporatedebt. There is no assurance or guarantee that the objectives of the Scheme will be realized.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Principal Corporate Bond Fund - Dividend - Monthly	Dec 30, 2003	7.91	5.98	6.89	0.84	18.01
Principal Corporate Bond Fund - Dividend - Quarterly	Dec 30, 2003	7.91	5.98	6.89	0.84	18.01
Principal Corporate Bond Fund - Monthly Dividend Payout	Dec 30, 2003	7.91	5.98	6.89	0.84	18.01
Principal Corporate Bond Fund - Monthly Dividend Sweep	Dec 30, 2003	7.91	5.98	6.89	0.84	18.01
Principal Corporate Bond Fund - Quarterly Dividend Payout	Dec 30, 2003	7.91	5.98	6.89	0.84	18.01

Fund Holdings as on 30-April-2019

Company % Assets
8.70% Power Finance Corporation Limited (15/07/2020) **
6.92
8.32% Reliance Jio Infocomm Limited (08/07/2021) **
5.70
9.05% Dewan Housing Finance Corporation Limited (09/09/2019) **
5.62
Small Industries Dev Bank of India (28/01/2020) ** #
5.44
Canara Bank (12/06/2019) ** #
5.13
Clearing Corporation of India Ltd
4.50
8.28% State Government Securities (20/02/2029)
3.86
9.39% Aditya Birla Finance Limited (29/04/2020) **
3.85
9.57% NRSS XXIX Transmission Limited (28/11/2028) **
3.84
7.95% Small Industries Dev Bank of India (26/04/2022)
3.83
8.30% NTPC Limited (15/01/2029) **
3.82
8.65% Indiabulls Housing Finance Limited (22/08/2019) **
3.82
8.12% NHPC Limited (22/03/2029) **
3.81
7.25% Jamnagar Utilities & Power Private Limited (29/08/2019) **
3.81
6.54% Export Import Bank of India (02/12/2019) **
3.80
8.42% Bank of Baroda (07/12/2028) **
3.79
Export Import Bank of India (24/06/2019) ** #
3.79
7.26% Government of India (14/01/2029)
2.65
LIC Housing Finance Limited (25/02/2022) (ZCB) **
2.02
RENT-A-DEVICE TRUST (28/06/2020) **
1.95
8.42% National Bank For Agriculture and Rural Development (13/02/2029) **
1.93
8.24% Power Grid Corporation of India Limited (14/02/2029) **
1.92
8.30% REC Limited (23/03/2029) **
1.90
8.30% Indian Railway Finance Corporation Limited (23/03/2029) **
1.90
8.44% HDFC Bank Limited (28/12/2028) **
1.90
7.13% REC Limited (21/09/2020) **
1.89
7.17% Government of India (08/01/2028)
1.87
7.27% Power Finance Corporation Limited (22/12/2021)
1.87
IIERT TRUST (16/02/2022) ** #
1.08
Net Receivables / (Payables)
0.93
MFL Securitisation Trust (25/06/2021) ** #
0.47
HDFC Bank Limited (15/05/2019) ** #
0.38

Sector Holding%
Miscellaneous
67.95

About Axis Corporate Debt Fund

Scheme Analysis

Axis Corporate Debt Fund is a Debt - Corporate Bond Fund fund and belongs to Axis Mutual Fund. It was launched on 13-Jul-2017 and currently has an AUM of ₹261.33 crore. Axis Corporate Debt Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of Axis Corporate Debt Fund ended down ₹0(0%)yesterday to ₹10.07.

Among its top 3 holdings the fund has exposure to 8.70% Power Finance Corporation Limited (15/07/2020) **, 8.32% Reliance Jio Infocomm Limited (08/07/2021) ** and 9.05% Dewan Housing Finance Corporation Limited (09/09/2019) **

The Axis Corporate Debt Fund is managed by Devang Shah .

Fund House Contact

Address:

Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400 025

Phone Number: 022-43255161

Email Address: customerservice@axismf.com

Fax Number: 022-43255199

Website: www.axismf.com

Fund Manager

Devang Shah

Education:B. Com, C.A.
Experience:9 Years
Basic Details:Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
Funds Managed:
Axis Arbitrage Fund
Axis Corporate Debt Fund
Axis Credit Risk Fund
Axis Dynamic Bond Fund
Axis Gilt Fund
Axis Gold Exchange Traded Fund
Axis Gold Fund
Axis Liquid Fund
Axis Regular Saver Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Axis Treasury Advantage Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
24/05/2019
0.11
23/05/2019
0.17
22/05/2019
0.06
21/05/2019
0.02
20/05/2019
0.09
17/05/2019
0.12
14/05/2019
0.10
13/05/2019
0.06
10/05/2019
0.01
09/05/2019
0.03
08/05/2019
0.04
07/05/2019
0.06
06/05/2019
0.06
02/04/2019
0.23
29/03/2019
0.12
28/03/2019
0.07
25/03/2019
0.17
22/03/2019
0.09
20/03/2019
0.05
18/03/2019
0.13
15/03/2019
0.08
14/03/2019
0.14
12/03/2019
0.08
11/03/2019
0.19
08/03/2019
0.10
07/03/2019
0.10
06/03/2019
0.05
05/03/2019
0.14
01/03/2019
0.06
25/02/2019
0.00
13/02/2019
0.18
11/02/2019
0.05
08/02/2019
0.05
07/02/2019
0.10
31/01/2019
0.01
29/01/2019
0.01
28/01/2019
0.06
25/01/2019
0.03
24/01/2019
0.02
23/01/2019
0.01
22/01/2019
0.07
21/01/2019
0.02
18/01/2019
0.00
17/01/2019
0.00
15/01/2019
0.01
14/01/2019
0.14
11/01/2019
0.03
10/01/2019
0.04
09/01/2019
0.02
08/01/2019
0.07
07/01/2019
0.04
04/01/2019
0.06
02/01/2019
0.04
31/12/2018
0.05
27/12/2018
0.05
26/12/2018
0.07
24/12/2018
0.06
21/12/2018
0.02
20/12/2018
0.04
19/12/2018
0.13
18/12/2018
0.07
17/12/2018
0.06
14/12/2018
0.01
13/12/2018
0.04
12/12/2018
0.13
11/12/2018
0.01
07/12/2018
0.02
06/12/2018
0.09
05/12/2018
0.12
04/12/2018
0.05
03/12/2018
0.04
30/11/2018
0.06
29/11/2018
0.10
28/11/2018
0.06
27/11/2018
0.04
26/11/2018
0.10
22/11/2018
0.07
20/11/2018
0.04
19/11/2018
0.07
15/11/2018
0.04
14/11/2018
0.08
13/11/2018
0.06
12/11/2018
0.05
09/11/2018
0.08
06/11/2018
0.02
05/11/2018
0.08
02/11/2018
0.07
01/11/2018
0.03
31/10/2018
0.01
30/10/2018
0.02
29/10/2018
0.03
24/10/2018
0.02
23/10/2018
0.01
22/10/2018
0.06
19/10/2018
0.02
17/10/2018
0.01
16/10/2018
0.05
15/10/2018
0.12
12/10/2018
0.01
08/10/2018
0.08
05/10/2018
0.13
01/10/2018
0.13
28/09/2018
0.10
27/09/2018
0.04
19/09/2018
0.03
18/09/2018
0.01
17/09/2018
0.01
07/09/2018
0.03
03/09/2018
0.05
31/08/2018
0.01
30/08/2018
0.00
29/08/2018
0.02
28/08/2018
0.00
27/08/2018
0.06
24/08/2018
0.01
23/08/2018
0.02
21/08/2018
0.02
20/08/2018
0.08
16/08/2018
0.03
14/08/2018
0.02
13/08/2018
0.04
10/08/2018
0.02
09/08/2018
0.02
08/08/2018
0.03
07/08/2018
0.01
06/08/2018
0.05
03/08/2018
0.00
02/08/2018
0.05
01/08/2018
0.08
31/07/2018
0.04
30/07/2018
0.05
27/07/2018
0.02
26/07/2018
0.02
25/07/2018
0.02
24/07/2018
0.01
23/07/2018
0.03
19/07/2018
0.01
18/07/2018
0.02
17/07/2018
0.06
16/07/2018
0.02
13/07/2018
0.08
12/07/2018
0.07
11/07/2018
0.03
10/07/2018
0.04
09/07/2018
0.08
06/07/2018
0.01
05/07/2018
0.02
04/07/2018
0.07
03/07/2018
0.03
02/07/2018
0.09
26/06/2018
0.02
25/06/2018
0.05
22/06/2018
0.03
21/06/2018
0.08
20/06/2018
0.06
19/06/2018
0.04
18/06/2018
0.09
15/06/2018
0.09
14/06/2018
0.04
13/06/2018
0.04
12/06/2018
0.03
11/06/2018
0.06
06/06/2018
0.01
05/06/2018
0.03
04/06/2018
0.01
30/05/2018
0.06
29/05/2018
0.07
28/05/2018
0.09
25/05/2018
0.04
08/05/2018
0.00
07/05/2018
0.06
17/04/2018
0.01
16/04/2018
0.05
13/04/2018
0.00
10/04/2018
0.00
09/04/2018
0.06
06/04/2018
0.04
05/04/2018
0.06
04/04/2018
0.03
03/04/2018
0.15
28/03/2018
0.12
27/03/2018
0.13
26/03/2018
0.03
23/03/2018
0.01
22/03/2018
0.01
19/03/2018
0.05
16/03/2018
0.07
15/03/2018
0.03
14/03/2018
0.03
13/03/2018
0.04
12/03/2018
0.10
09/03/2018
0.02
08/03/2018
0.06
07/03/2018
0.09
06/03/2018
0.05
05/03/2018
0.08
01/03/2018
0.01
28/02/2018
0.02
27/02/2018
0.00
26/02/2018
0.03
21/02/2018
0.01
20/02/2018
0.02
16/02/2018
0.00
14/02/2018
0.06
12/02/2018
0.06
09/02/2018
0.03
08/02/2018
0.04
07/02/2018
0.03
06/02/2018
0.04
05/02/2018
0.03
31/01/2018
0.03
30/01/2018
0.01
29/01/2018
0.06
25/01/2018
0.01
24/01/2018
0.01
23/01/2018
0.02
22/01/2018
0.04
19/01/2018
0.01
18/01/2018
0.01
17/01/2018
0.02
15/01/2018
0.05
11/01/2018
0.00
09/01/2018
0.01
08/01/2018
0.06
05/01/2018
0.02
02/01/2018
0.03
01/01/2018
0.08
29/12/2017
0.03
27/12/2017
0.00
26/12/2017
0.04
20/12/2017
0.00
19/12/2017
0.01
18/12/2017
0.03
14/12/2017
0.00
11/12/2017
0.03
08/12/2017
0.04
07/12/2017
0.03
06/12/2017
0.02
05/12/2017
0.01
04/12/2017
0.07
30/11/2017
0.03
29/11/2017
0.03
28/11/2017
0.02
27/11/2017
0.04
24/11/2017
0.01
21/11/2017
0.02
20/11/2017
0.07
17/11/2017
0.02
15/11/2017
0.01
13/11/2017
0.05
10/11/2017
0.02
09/11/2017
0.02
08/11/2017
0.02
06/11/2017
0.05
03/11/2017
0.02
02/11/2017
0.02
01/11/2017
0.02
31/10/2017
0.01
30/10/2017
0.05
27/10/2017
0.02
26/10/2017
0.02
25/10/2017
0.02
24/10/2017
0.02
23/10/2017
0.08
18/10/2017
0.02
17/10/2017
0.03
16/10/2017
0.06
13/10/2017
0.03
12/10/2017
0.02
11/10/2017
0.02
10/10/2017
0.03
09/10/2017
0.05
06/10/2017
0.02
05/10/2017
0.01
04/10/2017
0.01
03/10/2017
0.10
29/09/2017
0.02
28/09/2017
0.02
27/09/2017
0.01
26/09/2017
0.01
25/09/2017
0.03
20/09/2017
0.01
12/09/2017
0.01
11/09/2017
0.05
08/09/2017
0.01
07/09/2017
0.02
06/09/2017
0.02
05/09/2017
0.02
04/09/2017
0.05
01/09/2017
0.08
31/08/2017
0.04
30/08/2017
0.02
29/08/2017
0.03
28/08/2017
0.07
24/08/2017
0.02
23/08/2017
0.01
22/08/2017
0.03
21/08/2017
0.06
18/08/2017
0.04
16/08/2017
0.01
14/08/2017
0.03
11/08/2017
0.01
10/08/2017
0.02
09/08/2017
0.02

Holding Type Holding %
BWR AAA
3.82
CARE A
5.62
CARE A1+
5.44
Cash
5.43
CRISIL A1+
8.92
CRISIL AAA
43.22
CRISIL AAA(SO)
1.55
ICRA AAA
7.68
ICRA AAA(SO)
1.95
IND A1+
0.38
IND AAA
7.60
Sovereign
8.38

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