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Axis Corporate Debt Fund - Direct Plan
(Erstwhile Axis Corporate Debt Opportunities Fund)

5 Value Research
0.08%
Change from previous, NAV as on Jun 14, 2019
Category: Debt: Corporate Bond
Assets: R 270 crore (As on May 31, 2019)
Expense: 0.28% (As on May 31, 2019)
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Basic Details
Fund House: Axis Mutual Fund
Launch Date: Jul 13, 2017
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Risk Grade: Low
Return Grade: High
Type: Open-ended
Investment Details
Return since Launch: 6.78%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 100
Minimum Withdrawal (R) 1,000
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) 1
Exit Load (%) For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 0.86 -2.66 -1.20 6.35 - - -
VR Bond 4.16 1.95 3.24 9.79 - - -
Category 1.17 -1.46 -0.52 5.37 - - -
Rank within Category 15 17 17 13 - - -
Number of funds in category 19 21 21 17 - - -
As on Jun 14, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Axis Corporate Debt Fund - Direct Plan Jul-2017 6.35 - - 0.28 270
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan Jan-2013 9.94 8.20 8.70 0.27 15,575
Franklin India Corporate Debt Fund - Direct Plan Jan-2013 11.49 9.68 9.60 0.35 870
ICICI Prudential Corporate Bond Fund - Direct Plan Jan-2013 9.36 7.97 8.52 0.25 7,087
Kotak Corporate Bond Fund - Standard Plan - Direct Plan Jan-2013 9.37 8.42 9.40 0.32 2,037
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 26 41 25 55
Modified Duration (yrs) 1.90 2.40 0.79 2.43
Average Maturity (yrs) 2.60 3.40 0.91 3.37
Yield to Maturity (%) 8.26 9.43 8.26 8.39
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.95% SIDBI 2022 Debenture AAA 0.00 - 9.37 9.37
  8.7% Power Finance Corp. 2020 Bonds AAA 0.00 - 7.64 6.73
  8.5% REC 2021 Bonds/NCDs AAA 0.00 - 5.63 5.63
  Indian Bank 2019 Certificate of Deposit A1+ 0.00 - 5.18 5.18
  9.05% Dewan Housing Fin. Corpn. 2019 Debenture BBB- 0.00 - 5.09 5.09
  8.28% Gujarat State 2029 State Development Loan SOV 0.00 - 4.22 3.84
  8.36% Nat. Highways Authority 2029 Debenture AAA 0.00 - 3.80 3.80
  9.39% Aditya Birla Finance 2020 Non Convertible Debenture AAA 0.00 - 4.26 3.75
  8.42% Bank of Baroda 2028 Debenture AAA 0.00 - 4.17 3.74
  8.32% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 8.37 3.71
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on May 31, 2019
Most Recent Dividends
  Plan Record Date Dividend
(R / Unit)
   
+ Dividend Daily May 31, 2019 0.0096   More...
    May 29, 2019 0.0019    
    May 28, 2019 0.0050    
    May 27, 2019 0.0119    
    May 24, 2019 0.0079    
    May 23, 2019 0.0124    
    May 22, 2019 0.0044    
    May 21, 2019 0.0016    
    May 20, 2019 0.0067    
    May 17, 2019 0.0088    
    May 14, 2019 0.0071    
    May 13, 2019 0.0049    
    May 10, 2019 0.0009    
    May 09, 2019 0.0022    
    May 08, 2019 0.0034    
    May 07, 2019 0.0044    
    May 06, 2019 0.0046    
    May 02, 2019 0.0020    
    Apr 30, 2019 0.0070    
    Apr 26, 2019 0.0003    
    Apr 02, 2019 0.0171    
    Mar 29, 2019 0.0089    
    Mar 28, 2019 0.0055    
    Mar 25, 2019 0.0126    
    Mar 22, 2019 0.0068    
+ Dividend Monthly May 27, 2019 0.0954   More...
    Apr 25, 2019 0.0270    
    Mar 25, 2019 0.1041    
    Feb 25, 2019 0.0385    
    Jan 25, 2019 0.0552    
    Dec 26, 2018 0.0919    
    Nov 26, 2018 0.0651    
    Oct 25, 2018 0.0730    
    Sep 25, 2018 0.0032    
    Aug 27, 2018 0.0538    
    Jul 25, 2018 0.0568    
    Jun 25, 2018 0.0696    
    May 25, 2018 0.0199    
    Apr 25, 2018 0.0460    
    Mar 26, 2018 0.0557    
    Feb 26, 2018 0.0385    
    Jan 25, 2018 0.0351    
    Dec 26, 2017 0.0305    
    Nov 27, 2017 0.0396    
    Oct 25, 2017 0.0447    
    Sep 25, 2017 0.0391    
    Aug 28, 2017 0.0474    
+ Dividend Weekly Jun 03, 2019 0.0165   More...
    May 27, 2019 0.0383    
    May 20, 2019 0.0226    
    May 13, 2019 0.0158    
    May 06, 2019 0.0066    
    Apr 30, 2019 0.0081    
    Apr 02, 2019 0.0281    
    Mar 25, 2019 0.0205    
    Mar 18, 2019 0.0322    
    Mar 11, 2019 0.0319    
    Mar 05, 2019 0.0162    
    Feb 25, 2019 0.0104    
    Feb 18, 2019 0.0045    
    Feb 11, 2019 0.0186    
    Jan 28, 2019 0.0147    
    Jan 21, 2019 0.0030    
    Jan 14, 2019 0.0232    
    Jan 07, 2019 0.0112    
    Dec 31, 2018 0.0132    
    Dec 24, 2018 0.0239    
    Dec 17, 2018 0.0208    
    Dec 10, 2018 0.0191    
    Dec 03, 2018 0.0222    
    Nov 26, 2018 0.0156    
    Nov 19, 2018 0.0188    
News and Analysis
Contact Information

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: www.axismf.com



Registrar & Transfer Agent: Karvy Fintech Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034 | Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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Return
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11.49%
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9.94%
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9.94%
Kotak Corporate Bond Fund - Standard Plan - Direct Plan
9.37%
ICICI Prudential Corporate Bond Fund - Direct Plan
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As on Jun 14, 2019