Axis Corporate Debt Fund - IDCW - Direct Plan

Other Plans and Options
  • (-0.01%)Nav, as on 30-11-2023

  • Previous Nav

  • Net Change on 30-11-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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
Axis Corporate Debt Fund - Direct Plan - Monthly IDCW 8.40 5.89 7.17 5.25 6.58 6.42
Nifty 10 yr Benchmark G-Sec 1.20 0.91 7.02 2.93 5.70 6.42
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 Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Axis Corporate Debt Fund - Direct Plan - Monthly IDCW Jul 13, 2017 7.17 5.25 6.58 0.28 4,951.88
HDFC Corporate Bond Fund - IDCW Option - Direct Plan Oct 22, 2014 7.25 5.03 7.58 0.35 26,808.64
HDFC Corporate Bond Fund - Quarterly IDCW Option - Direct Plan Jan 01, 2013 7.25 5.03 6.88 0.35 26,808.64
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW Jan 15, 2013 7.57 5.54 6.80 0.32 24,508.37
ICICI Prudential Corporate Bond Fund - Direct Plan - Quarterly IDCW Jan 14, 2013 7.57 5.57 7.61 0.32 24,508.37
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW Sep 30, 2013 7.15 5.16 6.74 0.31 17,861.53

Fund Holdings as on 31-October-2023

  • 4.7% Government of India (22/09/2033)

  • 7.17% Government of India (17/04/2030)

  • 7.06% Government of India (10/04/2028)

  • 7.4% National Bank For Agriculture and Rural Development (30/01/2026) **

  • 6.24% State Bank of India (20/09/2030)

  • 7.85% Bajaj Housing Finance Limited (01/09/2028) **

  • 7.59% Small Industries Dev Bank of India (10/02/2026) **

  • 7.6% REC Limited (27/02/2026) **

  • 7.57% National Bank For Agriculture and Rural Development (19/03/2026) **

  • Clearing Corporation of India Ltd

  • 4.04% Government of India (04/10/2028)

  • Canara Bank (17/11/2023)

  • 7.15% Small Industries Dev Bank of India (02/06/2025) **

  • Net Receivables / (Payables)

  • 8% Bajaj Finance Limited (27/02/2026) **

  • 7.59% Power Finance Corporation Limited (03/11/2025) **

  • 7.8% HDFC Bank Limited (02/06/2025) **

  • 7.80% HDFC Bank Limited (03/05/2033) **

  • 7.37% Power Finance Corporation Limited (22/05/2026) **

  • 7.23% Indian Railway Finance Corporation Limited (15/10/2026) **

  • 7.37% Government of India (23/10/2028)

  • 5.94% REC Limited (31/01/2026) **

  • 7.97% HDFC Bank Limited (17/02/2033) **

  • 7.7% Power Grid Corporation of India Limited (12/10/2033) **

  • 7.47% Small Industries Dev Bank of India (25/11/2025) **

  • 6.59% Summit Digitel Infrastructure Limited (16/06/2026) **

  • 8.1% Kotak Mahindra Prime Limited (10/04/2026) **

  • 8.25% Kotak Mahindra Prime Limited (20/06/2025) **

  • 7.85% India Grid Trust InvIT Fund (28/02/2028) **

  • 7.90% Bajaj Housing Finance Limited (28/04/2028) **

  • Bank of Baroda (15/11/2023)

  • 7.79% HDFC Bank Limited (04/03/2025) **

  • 7.41% Indian Railway Finance Corporation Limited (15/10/2026) **

  • 7.35% NTPC Limited (17/04/2026) **

  • 7.55% REC Limited (31/03/2028) **

  • 7.8% HDFC Bank Limited (06/09/2032) **

  • 7.75% HDFC Bank Limited (13/06/2033) **

  • Bank of Baroda (25/01/2024)

  • 7.52% Power Grid Corporation of India Limited (23/03/2033)

  • 6.50% Tata Capital Housing Finance Limited (15/06/2026)

  • 7.40% Power Grid Corporation of India Limited (17/02/2033)

  • REPO+2.8% Varanasi Sangam Expressway Private Limited (29/12/2034) (FRN) **

  • 7.11% Small Industries Dev Bank of India (27/02/2026) **

  • 7.36% Government of India (12/09/2026)

  • 7.725% Larsen & Toubro Limited (28/04/2028)

  • 7.95% Sundaram Finance Limited (29/08/2025) **

  • 8.21% State Government Securities (31/03/2026)

  • 7.7% Nuclear Power Corporation Of India Limited (21/03/2038) **

  • 7.8445% Tata Capital Housing Finance Limited (18/09/2026) **

  • 7.78% State Government Securities (01/11/2031)

  • 7.36% Government of India (12/09/2025)

  • 7.75% Small Industries Dev Bank of India (27/10/2025) **

  • 7.51% Indian Railway Finance Corporation Limited (15/04/2026) **

  • 7.54% Small Industries Dev Bank of India (12/01/2026) **

  • 7.44% REC Limited (30/04/2026) **

  • 7.40% Government of India (19/03/2026)

  • 7.1% ICICI Bank Limited (17/02/2030) **

  • 7.36% Government of India (12/03/2025)

  • 8.6% India Infradebt Limited (30/12/2024) **

  • 8.15% Sundaram Finance Limited (21/03/2025) **

  • Reliance Retail Ventures Limited (07/11/2023)

  • 4.88% Mahindra & Mahindra Financial Services Limited (23/07/2024) (FRN) **

  • 7.83% Bajaj Housing Finance Limited (12/12/2025) **

  • 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) **

  • 7.9% Kotak Mahindra Prime Limited (13/01/2026) **

  • 7.4% Indian Railway Finance Corporation Limited (18/04/2026) **

  • 7.58% National Bank For Agriculture and Rural Development (31/07/2026) **

  • 7.82% Tata Capital Financial Services Limited (08/12/2025) **

  • 5.955% NIIF Infrastructure Finance Limited (16/02/2024) **

  • 7.35% HDFC Bank Limited (10/02/2025) **

  • 7.26% Government of India (06/02/2033)

  • 7.44% Indian Oil Corporation Limited (25/11/2027) **

  • 7.23% Small Industries Dev Bank of India (09/03/2026) **

  • 6.35% Export Import Bank of India (18/02/2025) **

  • 7.40% Government of India (19/09/2026)

  • 7.4% Summit Digitel Infrastructure Limited (28/09/2028) **

  • 5.50% Indian Oil Corporation Limited (20/10/2025) **

  • 6.14% Indian Oil Corporation Limited (18/02/2027) **

  • 7.36% Government of India (12/03/2026)

  • 7.79% Small Industries Dev Bank of India (19/04/2027)

  • 7.74% Power Finance Corporation Limited (29/01/2028) **

  • 7.74% Sundaram Finance Limited (09/06/2025) **

  • 7.62% National Bank For Agriculture and Rural Development (31/01/2028)

  • 7.36% Government of India (12/03/2027)

  • 7.36% Government of India (12/09/2027)

  • Government of India (19/03/2027)

  • Bajaj Finance Limited (18/02/2026) (ZCB) **

  • 8.21% State Government Securities (31/03/2025)

  • 8.05% Summit Digitel Infrastructure Limited (31/05/2027) **

  • 7.58% Power Finance Corporation Limited (15/01/2026) **

  • 7.34% National Housing Bank (07/08/2025) **

  • First Business Receivables Trust (01/01/2024) **

  • 6.76% Government of India (22/08/2026)

  • 7.40% Government of India (19/09/2025)

  • 6.76% Government of India (22/02/2027)

  • HDB Financial Services Limited (13/01/2026) (ZCB) **

  • 8.255% Kotak Mahindra Prime Limited (22/06/2026) **

  • 8.21% State Government Securities (31/03/2024)

  • 7.77% REC Limited (31/03/2028) **

  • 7.5% India Infradebt Limited (30/06/2025) **

  • 8.4% India Infradebt Limited (20/11/2024) **

  • 6.80% Government of India (15/06/2028)

  • SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2

  • First Business Receivables Trust (01/01/2025) **

  • 6.80% Government of India (15/12/2028)

  • 8.44% HDFC Bank Limited (28/12/2028) **

  • 8.15% State Government Securities (09/05/2028)

  • 7.59% Government of India (11/01/2026)

  • 7.86% HDFC Bank Limited (02/12/2032) **

  • 7.55% REC Limited (10/05/2030) **

  • 5.70% National Bank For Agriculture and Rural Development (31/07/2025) **

  • 8.7% Power Finance Corporation Limited (14/05/2025) **

  • 7.38% Government of India (20/06/2027)

  • 7.26% Government of India (22/08/2032)

  • 7.29% State Government Securities (12/01/2034)

  • Interest Rate Swaps Pay Floating Receive Fix -ICICI BANK (03/10/2028) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Floating Receive Fix -IDFC BANK (29/08/2028) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Floating Receive Fix -HSBC BANK (25/08/2028) (FV 2500 Lacs)

  • Interest Rate Swaps Pay Floating Receive Fix -ICISECPD (22/08/2028) (FV 2500 Lacs)

View More

  • Miscellaneous

View More

Fund Manager

Most Recent Dividend

  • 28/11/2023

  • 25/10/2023

  • 25/09/2023

  • 25/08/2023

  • 25/07/2023

  • 26/06/2023

  • 25/05/2023

  • 27/03/2023

  • 27/02/2023

  • 25/01/2023

  • 26/12/2022

  • 25/11/2022

  • 25/10/2022

  • 26/09/2022

  • 25/08/2022

  • 25/07/2022

  • 25/04/2022

  • 25/03/2022

  • 25/02/2022

  • 25/01/2022

  • 27/12/2021

  • 25/11/2021

  • 25/10/2021

  • 27/09/2021

  • 25/08/2021

  • 26/07/2021

  • 25/06/2021

  • 25/05/2021

  • 26/04/2021

  • 25/03/2021

  • 28/12/2020

  • 25/11/2020

  • 26/10/2020

  • 25/09/2020

  • 27/07/2020

  • 25/06/2020

  • 26/05/2020

  • 27/04/2020

  • 25/02/2020

  • 27/01/2020

  • 26/12/2019

  • 25/11/2019

  • 25/10/2019

  • 27/05/2019

  • 25/04/2019

  • 25/03/2019

  • 25/02/2019

  • 25/01/2019

  • 26/12/2018

  • 26/11/2018

  • 25/10/2018

  • 25/09/2018

  • 27/08/2018

  • 25/07/2018

  • 25/06/2018

  • 25/05/2018

  • 25/04/2018

  • 26/03/2018

  • 26/02/2018

  • 25/01/2018

  • 26/12/2017

  • 27/11/2017

  • 25/10/2017

  • 25/09/2017

  • 28/08/2017

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • Derivatives

  • ICRA AAA

  • IND A1+

  • IND AAA

  • Sov

  • Unrated

View More

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 ₹4,951.88 crore. Axis Corporate Debt Fund is benchmarked against Nifty 10 yr Benchmark G-Sec as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of Axis Corporate Debt Fund ended down ₹0(-0.01%)yesterday to ₹10.1948.

Among its top 3 holdings the fund has exposure to 4.7% Government of India (22/09/2033), and

The Axis Corporate Debt Fund is managed by Devang Shah and Hardik Shah.

Fund House Contact

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

022-43255161
022-43255199
www.axismf.com