Axis Corporate Bond Fund Direct Growth
NAV as on 25-04-2025
₹ 17.89
Inception Returns
7.8%
/yr
Historical NAV & Returns
About Axis Corporate Bond Fund Direct Growth
Axis Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 13 July, 2017. The fund is managed by Devang Shah, Hardik Shah. This fund is suitable to keep your money safe.
Key Parameters
- Axis Corporate Bond Fund Direct Growth has ₹6547 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Axis Corporate Bond Fund Direct Growth has given a CAGR return of 7.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.52%, 7.95% and 7.53% respectively.
Holdings
Axis Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.18% Govt Stock 2033, 7.58% LIC Housing Finance Limited (23/03/2035), Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Axis Corporate Bond Fund Direct Growth
The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Corporate Bond Fund Direct Growth has no lock in period.
Axis Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.32% |
Benchmark | IISL NIFTY Corporate Bond Index TR INR |
| AUM | ₹6547 Cr |
| Inception Date | 13 July, 2017 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 298.09% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (25-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 6.2K Cr as of Mar'25
- AUM decreased by 95.8 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 11.01% | 16% | |
7.18% Govt Stock 2033 | 4.88% | 29.8% | |
7.58% LIC Housing Finance Limited (23/03/2035) | 2.33% | 0% | |
Small Industries Development Bank Of India | 2.33% | 0% | |
Rec Limited | 1.93% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Axis Corporate Bond Fund Direct Growth | 10.52% | 7.95% | 7.53% | 7.77% |
 Nippon India Corporate Bond Fund Direct Plan Growth Plan | 10.53% | 8.05% | 7.43% | 8.13% |
 Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth | 10.32% | 7.83% | 7.34% | 8.35% |
 SBI Corporate Bond Fund Direct Growth | 10.25% | 7.49% | 6.78% | 7.67% |
Mutual Fund Insights
Axis Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹6547 Cr
Expense Ratio 0.32%
More funds from Axis
1Y CAGR
▲ 13.55
5Y CAGR
▲ 7.01
3Y CAGR
▲ 8.68
5Y CAGR
▲ 7.02
Frequently Asked Questions for Axis Corporate Bond Fund Direct Growth
Axis Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.21% | 2.21% |
6 Month Returns | 5.52% | 5.52% |
1 Year Returns | 10.52% | 10.52% |
3 Years Returns | 25.81% | 7.95% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |