Rating : ★ ★ ★ ★ ★

Axis Corporate Debt Fund Direct Growth

Debt

  

Corporate Bond Fund

NAV

13.4506-0.004

(as on 27 Nov, 2020)

RETURNS

9.34 %

Fund Type

Open Ended

Investment Plan

Growth

Investment Plan

0%

Benchmark

IISL NIFTY Corporate Bond Index TR INR

Asset Size

2399.89 Cr.

(As of 31 Oct, 2020)

Risk

Moderate

Objective

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.

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Fund manager

Devang Shah

Exit load

N / A

Minimum sip

₹1000

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

7.32% Govt Stock 2024

6.08%

5.77% GOI 2030

4.90%

Housing Development Finance Corporation Limited

4.62%

Reliance Industries Limited

4.17%

Sector Allocation

About the Scheme Type

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 5 stars by Morning Star Ratings.

★ ★ ★ ★ ★

Overview of Axis Asset Management Company Limited

Axis Mutual Fund has grown strongly since the time it launched its first scheme in October 2009. The vision statement of Axis Mutual Fund has been to responsibly manage money and risks to help people feel financially secure and confident of a brighter and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3 founding principles

  • Long term wealth creation
  • Outside in (Customer) view
  • Long term relationship

Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual Fund, aim to provide quality financial and investment solutions to help customers feel financially secure and confident of a brighter and prosperous future. We lay a strong emphasis on risk management and planning. We encourage our investors and our partners to take a holistic view which extends beyond mere investing surpluses to investing with an underlying dream, aspiration or goal.

Investment Philosophy of Axis Mutual Fund:

  • Business to be built on three pillars
    • Outside-in View
    • Investor at the heart of every single decision
    • Communication in investor’s language, not in ours
  • Enduring Wealth Creation
    • Playing a serious and credible role in investor’s money basket
    • Encouraging investors to build a long-term perspective of the mutual fund category
  • Long-term Relationships
    • Outside-in View
    • Aiming at building relationships rather than being transactional