Axis Corporate Debt Fund - Regular Plan

download factsheet

Value Research Rating

4 star

Analyst’s Choice

premium-user

Riskometer

fund-quick-summary-circle

Moderate

₹15.7013 0.02%

As on 12-Jul-2024

Returns

to
Please wait...

Calculate SIP Returns of Axis Corporate Debt Fund - Regular Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Axis Corporate Debt Fund - Regular Plan

Asset Allocation

Split between different types of investments

Please wait...

Credit Rating Weightage

Split between categories of Equity investments

Please wait...

Peer Comparison

Other details of Axis Corporate Debt Fund - Regular Plan

Assets info

₹5,387 Cr

Exit Load (Days) info

--

Min. Investment (₹)

100

Min. Withdrawal (₹)

1,000

Min. SIP Investment (₹)

100

Min. No of Cheques

6

Investment Strategy

The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.

Suitability

"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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for Axis Corporate Debt Fund - Regular Plan

Axis Corporate Debt Fund - Regular Plan is mandated to invest at least 80 per cent of its assets in high-grade corporate bonds rated AA+ and above.

Mutual funds can be bought directly from the website of the fund house. For instance, Axis Corporate Debt Fund - Regular Plan fund can be purchased from the website of Axis Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Axis Corporate Debt Fund - Regular Plan is ₹15.7013 as of 15-Jul-2024.

The AUM of Axis Corporate Debt Fund - Regular Plan Fund is ₹5,387 Cr as of 30-Jun-2024

The riskometer level of Axis Corporate Debt Fund - Regular Plan is Moderate. See More

Company Percentage of Portfolio

GOI Sec 7.32 13/11/2030

5.25

GOI Sec 7.18 14/08/2033

5.15

GOI GOI Sec 6.54 17/01/2032

4.05

Bajaj Housing Finance Ltd Debenture 8.10 08/07/2027

3.26

REC Ltd SR 231A NCD 7.64 30/04/2027

2.78
See More

As of 30-Jun-2024, Axis Corporate Debt Fund - Regular Plan had invested 97.53% in Debt and 2.47% in Cash & Cash Eq. See More

Axis Corporate Debt Fund - Regular Plan is 7 years 0 months old. It has delivered 6.65% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.13%
5.52%
6.81%
--
--
6.65%

No, There is no lock in period in Axis Corporate Debt Fund - Regular Plan.

The expense ratio of Axis Corporate Debt Fund - Regular Plan is 0.91.

Please wait...
Please wait...
Please wait...
Please wait...
Please wait...
Please wait...