Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.

Axis Mutual Fund

Axis Corporate Bond Fund - Regular Plan - Regular IDCW

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 76/100 · Good

How this score is calculated

  • Star rating (35%)4/5
  • 3Y CAGR (30%)7.61%
  • Expense ratio (20%)0.36%
  • AUM (15%)₹7,768 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Axis Mutual Fund · Debt · Corporate Bond

₹19.36

+5.33 (+37.99%)

AUM: ₹7,768 Cr

NAV updated 2 days ago

Plan

Regular

Option

Idcw

Risk

Moderate

Expense Ratio

0.36%

Exit Load

Nil

Fund Manager

Devang Shah

Inception

Jul 2017

Benchmark

Nifty Corporate Bond Index A-II

Sharpe Ratio

-1.23

Std Dev (1Y)

1.33%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.13%

3m

+0.95%

6m

+3.32%

1y

+5.43%

3y

+7.61%

5y

+6.74%

10y

—

since inception

+3.73%

TopFund's Take on Axis Corporate Bond Fund - Regular Plan - Regular IDCW

Axis Corporate Bond Fund - Regular Plan - Regular IDCW holds up reasonably well within the Corporate Bond category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 76/100.

Cost: At 0.36%, the expense ratio is roughly in line with the Corporate Bond category average of 0.33% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.33% is on the lower side for a Corporate Bond fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Debenture 28.16%
Bonds 21.06%
Non Convertible Debenture 16.88%
CBLO 8.54%
Securitised Debt 6.82%
GOI Securities 5.87%
Net Receivables 4.60%
Bonds/NCDs 2.94%
State Development Loan 2.10%
Certificate of Deposit 1.29%
Floating Rate Bond 1.22%
Alternative Investment Fund 0.35%
Bonds/Debentures 0.12%
Interest Rate Swap 0.01%

Frequently Asked Questions about Axis Corporate Bond Fund - Regular Plan - Regular IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

Discussion

User-generated content — not investment advice, and not verified or endorsed by TopFund.

No comments yet — start the discussion.