1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.21 | -0.04 | -0.02 | -0.01 | 1.14 | 2.96 | 10.77 | 8.26 | -- | -- | -- |
VR Bond | 0.09 | -0.03 | 0.06 | 0.30 | 1.29 | 1.73 | 7.27 | 7.27 | -- | -- | -- |
Debt: Corporate Bond | -0.22 | -0.03 | -0.05 | 0.00 | 1.02 | 2.55 | 9.09 | 7.81 | -- | -- | -- |
Rank within category | 10 | 17 | 7 | 10 | 6 | 3 | 4 | 10 | -- | -- | -- |
Number of funds in category | 21 | 21 | 21 | 21 | 21 | 20 | 20 | 15 | 14 | 10 | 8 |
As on 22-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Axis Corporate Debt Fund - Regular Plan | Jul-17 | 10.77 | 8.26 | -- | 0.93 | 4,054 | |
HDFC Corporate Bond Fund | Invest Online | Jun-10 | 11.11 | 9.33 | 8.98 | 0.60 | 29,220 | |
Aditya Birla Sun Life Corporate Bond Fund | Invest Online | Mar-97 | 11.06 | 9.28 | 8.86 | 0.45 | 24,940 | |
IDFC Corporate Bond Fund - Regular Plan | Jan-16 | 10.74 | 8.52 | 8.35 | 0.58 | 22,906 | |
ICICI Prudential Corporate Bond Fund | Invest Now | Jun-09 | 9.89 | 8.79 | 8.45 | 0.59 | 19,716 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 3.21 (24-Mar-2020 - 31-Mar-2020) | -3.78 (03-Jun-2019 - 10-Jun-2019) |
Month | 4.13 (24-Mar-2020 - 23-Apr-2020) | -3.48 (31-May-2019 - 01-Jul-2019) |
Quarter | 6.82 (26-Mar-2020 - 25-Jun-2020) | -2.10 (02-Apr-2019 - 02-Jul-2019) |
Year | 12.56 (25-Jul-2019 - 24-Jul-2020) | 2.74 (25-Mar-2019 - 24-Mar-2020) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 8.21 | 3.20 | 1.07 | 1.05 | 0.32 | 2.70 |
VR Bond | 7.10 | 2.02 | 1.15 | 1.94 | -- | -- |
Debt: Corporate Bond | 7.72 | 2.86 | 1.49 | 2.74 | 0.59 | 1.58 |
Rank within category | 9 | 12 | 13 | 13 | 4 | 3 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 80 | 83 | 20 | 87 |
Modified Duration (yrs) | 2.40 | 2.90 | 2.40 | 2.59 |
Average Maturity (yrs) | 2.90 | 4.00 | 2.90 | 3.27 |
Yield to Maturity (%) | 4.87 | 7.94 | 4.87 | 4.89 |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
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7.32% GOI 28/01/2024 | GOI Securities | SOV | 0.00 - 9.54 | 5.74 |
|
Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 4.87 | 4.87 |
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6.24% State Bank of India 21/09/2030 | Non Convertible Debenture | AAA | 0.00 - 5.06 | 4.54 |
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Embassy Office Parks REIT 2022 | Non Convertible Debenture | AAA | 2.68 - 9.03 | 3.81 |
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7.65% Grasim Industries 15/04/2022 | Debenture | AAA | 0.00 - 5.68 | 3.60 |
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6.79% GOI 15/05/2027 | GOI Securities | SOV | 0.00 - 3.29 | 3.29 |
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6.65% Motherson Sumi Systems 14/09/2023 | Non Convertible Debenture | AAA | 0.00 - 3.78 | 2.77 |
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5.85% GOI 2030 | GOI Securities | SOV | 0.00 - 2.77 | 2.77 |
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6.40% National Bank Agr. Rur. Devp 31/07/2023 | Non Convertible Debenture | AAA | 0.00 - 4.58 | 2.57 |
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4.23% HDFC 18/02/2022 | Debenture | AAA | 0.00 - 2.47 | 2.47 |
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8.30% Reliance Industries 2022 | Debenture | AAA | 0.00 - 4.88 | 2.46 |
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L&T Housing Finance 142-D 20/05/2021 | Commercial Paper | A1+ | 0.00 - 2.43 | 2.43 |
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6.75% Power Finance Corp. 22/05/2023 | Debenture | AAA | 0.00 - 2.84 | 2.19 |
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5.22% GOI 15/06/2025 | GOI Securities | SOV | 0.00 - 3.05 | 2.11 |
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5.15% GOI 2025 | GOI Securities | SOV | 0.00 - 2.10 | 2.10 |
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5.85% REC 20/12/2025 | Non Convertible Debenture | AAA | 0.00 - 2.57 | 1.98 |
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5.83% State Bank of India 26/10/2030 | Debenture | AAA | 0.00 - 2.41 | 1.86 |
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7.00% India Infradebt 11/2025 | Debenture | AAA | 0.00 - 2.40 | 1.85 |
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9.95% Food Corporation of India 2022 | Bonds | AAA | 0.00 - 6.66 | 1.58 |
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HDFC 19/05/2022 | Non Convertible Debenture | AAA | 0.00 - 8.03 | 1.45 |
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7.20% Sikka Ports and Terminals 16/06/2023 | Zero Coupon Bonds | AAA | 0.00 - 2.18 | 1.30 |
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7.42% LIC Housing Fin. 15/07/2022 | Bonds/NCDs | AAA | 0.00 - 1.29 | 1.29 |
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6.27% SIDBI 27/02/2023 | Debenture | AAA | 0.00 - 2.16 | 1.28 |
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7.10% Power Finance Corp. 2022 | Bonds/NCDs | AAA | 0.00 - 1.28 | 1.28 |
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6.50% Power Finance Corp. 17/09/2025 | Non Convertible Debenture | AAA | 0.00 - 2.14 | 1.27 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Devang Shah since 23-Jun-2017
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Interviews:
Funds Managed:
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The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.
Minimum Investment (₹) | 5,000 |
Minimum Addl Investment (₹) | 100 |
Minimum SIP Investment (₹) | 1,000 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 1,000 |
Minimum Balance (₹) | 1 |
Exit Load | 0 |
Fund House: | Axis Mutual Fund |
Launch Date: | 13-Jul-2017 |
Return Since Launch: | 7.97% |
Benchmark: | NIFTY Corporate Bond TRI |
Riskometer: | Moderate |
Type: | Open-ended |
Assets: | ₹ 4,054 Cr (As on 31-Dec-2020) |
Expense: | 0.93% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 08-Jan-2021 | 0.0016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 04-Jan-2021 | 0.0246 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 0.0293 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Email: [email protected] / [email protected]
Website: http://www.axismf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com