Search
You're invited to try out the new version of Value Research Online. Click here to begin: https://beta.valueresearchonline.com

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

3 Value Research
0.07%
Change from previous, NAV as on Aug 23, 2019
Category: Debt: Corporate Bond
Assets: R 220 crore (As on Jul 31, 2019)
Expense: 0.28% (As on Jul 31, 2019)
SUBSCRIBE TO THE FREE VALUE RESEARCH FUNDLINE NEWSLETTER
Choose the best mutual funds
Reach all your financial goals. Subscribe to Mutual Fund Insight now!
Basic Details
Fund House: Axis Mutual Fund
Launch Date: Jul 13, 2017
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Risk Grade: Average
Return Grade: Below Average
Type: Open-ended
Investment Details
Return since Launch: 7.58%
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 3.76 1.34 -0.33 7.34 - - -
VR Bond 6.20 -0.00 3.34 10.61 - - -
Category 3.25 1.02 0.01 5.84 - - -
Rank within Category 15 5 17 14 - - -
Number of funds in category 19 21 21 18 - - -
As on Aug 23, 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 7.34 - - 0.28 220
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan Jan-2013 10.53 8.12 8.91 0.27 15,968
Franklin India Corporate Debt Fund - Direct Plan Jan-2013 11.10 9.29 9.66 0.32 951
ICICI Prudential Corporate Bond Fund - Direct Plan Jan-2013 9.91 7.95 8.72 0.25 7,771
Kotak Corporate Bond Fund - Standard Plan - Direct Plan Jan-2013 9.96 8.44 9.61 0.32 2,334
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 23 35 22 54
Modified Duration (yrs) 2.30 2.40 0.79 2.42
Average Maturity (yrs) 2.80 3.40 0.91 3.15
Yield to Maturity (%) 7.23 9.43 7.23 7.64
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.95% SIDBI 2022 Debenture AAA 0.00 - 11.05 9.23
  8.05% HDFC 2022 Debenture AAA 0.00 - 9.15 9.15
  8.2% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.00 - 7.56 7.56
  8.5% REC 2021 Bonds/NCDs AAA 0.00 - 6.92 6.92
  7.27% GOI 2026 GOI Securities SOV 0.00 - 4.72 4.72
  7.32% GOI 2024 GOI Securities SOV 0.00 - 6.73 4.72
  8.6% National Bank Agr. Rur. Devp 2022 Debenture AAA 0.00 - 4.66 4.66
  9.39% Aditya Birla Finance 2020 Non Convertible Debenture AAA 0.00 - 4.59 4.59
  7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 4.56 4.56
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 4.50 4.50
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 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

Related Funds 1-Year
Return
HDFC Corporate Bond Fund - Direct Plan
11.17%
Franklin India Corporate Debt Fund - Direct Plan
11.10%
Canara Robeco Corporate Bond Fund - Direct Plan
10.62%
Aditya Birla Sun Life Corporate Bond Fund - Direct Plan
10.53%
Kotak Corporate Bond Fund - Standard Plan - Direct Plan
9.96%
ICICI Prudential Corporate Bond Fund - Direct Plan
9.91%
IDFC Corporate Bond Fund - Direct Plan
9.15%
Reliance Prime Debt Fund - Direct Plan
8.48%
BNP Paribas Corporate Bond Fund - Direct Plan
0.64%
Edelweiss Corporate Bond Fund - Direct Plan
-5.39%
As on Aug 23, 2019