Axis Corporate Debt Fund delivers 20.81% return over 3 years

Axis Corporate Debt Fund Direct-Growth is a debt mutual fund offered by Axis Mutual Fund. The fund has an AUM of ₹5,770.39 crores and the current NAV is ₹16.899 as of October 5, 2024.

The return performance of the Axis Corporate Debt Fund Direct-Growth plan has been 8.66% in the last year, 20.81% in the previous three years and 68.58% from the scheme’s debut.

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Axis Corporate Debt Fund Returns

Period This fund Category average
1 month 0.77% 0.79%
3 months 2.47% 2.43%
6 months 4.43% 4.33%
1 year  8.66% 8.3%
3 years 6.52% 6.02%
5 years 7.52% 6.87%

Axis Corporate Debt Fund Top 5 Holdings

Name Sector Instrument Assets
Sovereign GOI Sec 10.95%
Sovereign GOI Sec 3.28%
Sovereign GOI Sec 2.72%
National Bank For Agriculture & Rural Development
Financial Debenture 2.61%
GOI
Sovereign GOI Sec 2.46%

Sector Allocation in Axis Corporate Debt Fund

Sector Percentage Holding (%) Value (₹ Cr)
Cash Holding 1.80 ₹104.05
Others 98.20 ₹5,666.52

 

Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.