3 Year return

5.93%
Launched on June 2017 (7 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹5282.11 Cr.

Expense Ratio

0.3% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
4.5

Ratings by other agencies

5
4
5

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

Axis Mutual Fund Managers

DS

Devang Shah

Fund Manager since Jun 2017

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Corporate Debt Fund Direct Plan Growth

The Axis Corporate Debt Fund Direct Plan Growth is managed by Axis Mutual Fund, a well-known name in the mutual fund industry. This fund falls under the category of debt mutual funds. Debt funds primarily invest in fixed income securities like bonds, government securities, and corporate debt.

Investment Objectives of the Scheme

The main objective of the Axis Corporate Debt Fund Direct Plan Growth is to generate stable returns over the medium to long term by primarily investing in a diversified portfolio of corporate debt securities. These securities may include bonds issued by companies rated by credit rating agencies.

Key Features of The Fund

5-year return 7.68%
Expense Ratio 0.3%
Fund Manager Devang Shah
Fund Size ₹5282.11 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

The Axis Corporate Debt Fund Direct Plan Growth is suitable for investors who are looking for a relatively safer investment option compared to equity funds. It can be especially beneficial for those seeking regular income along with the potential for capital appreciation. This fund can also be a good choice for conservative investors who want to park their surplus funds for a period of time to earn potentially higher returns compared to traditional savings accounts.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Axis Corporate Debt Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Corporate Debt Fund Jun 12 2024 is 16.3976

What is the AUM of Axis Corporate Debt Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Corporate Debt Fund is 5282.11 crore.

What is the expense ratio of Axis Corporate Debt Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Corporate Debt Fund is 0.3%

What are the returns of Axis Corporate Debt Fund since inception?

The Axis Corporate Debt Fund was launched on Jun 23 2017. The fund has delivered a CAGR of 7.41 since inception.

What is the minimum SIP amount to invest in Axis Corporate Debt Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Corporate Debt Fund is 100.

How do I invest in Axis Corporate Debt Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Corporate Debt Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Corporate Debt Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Corporate Debt Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.