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  • Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

Formerly Axis Corp Debt Optys Reg Mn DP

Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

DebtCorporate Bond

10.2288

NAV (Jul 23)

6.3%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in corporate bond mutual funds.

However, Scripbox does not recommend investing in corporate bond mutual funds.

Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

4,877 Cr. Large within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Low Credit Risk. The fund has a high credit quality compared to other debt funds

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Short Term Money

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Scheme Information

Investment 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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Low to Moderate Risk

Expense Ratio
0.92 %
Launched (4y ago)
Jul 13, 2017
AUM in Crores
₹ 4,877
ISIN
INF846K01ZY3
Lock-in
No Lock-in
Benchmark
IISL NIFTY Corporate Bond Index TR INR
SIP Minimum
₹ 1,000
Lumpsum Min.
₹ 5,000
Fund Managers
user-avatar

Devang Shah

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Kotak Savings Fund (G)

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17 Years

Age

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Aditya Birla Sun Life Liquid (G)

Aditya Birla Sun Life Liquid (G)

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Recommended

Top Ranked

17 Years

Age

5

Track Record

SBI Magnum Ultra Short Duration Fund (G)

SBI Magnum Ultra Short Duration Fund (G)

Ultra Short

Recommended

Top Ranked

22 Years

Age

5

Track Record

ICICI Prudential Savings Fund (G)

ICICI Prudential Savings Fund (G)

Low Duration

Recommended

Top Ranked

19 Years

Age

5

Track Record

Nippon India Liquid Fund (G)

Nippon India Liquid Fund (G)

Liquid

Recommended

Top Ranked

18 Years

Age

5

Track Record

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About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 222,545 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 33 equity,93 debt and 35 hybrid funds.

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  • tel-amc-about
    022-43255161
  • mail-amc-about
    customerservice@axismf.com
  • Axis Liquid Fund (G)

    Axis Liquid Fund (G)

    Liquid

    Recommended

    Top Ranked

    ₹ 24,176 Cr

    Fund Size

    5.30%

    3 Year CAGR

    3 Y CAGR

    Axis Bluechip Fund (G)

    Axis Bluechip Fund (G)

    Large Cap

    Recommended

    Top Ranked

    ₹ 28,247 Cr

    Fund Size

    16.30%

    5 Year CAGR

    5 Y CAGR

    Axis Midcap Fund (G)

    Axis Midcap Fund (G)

    Mid Cap

    Recommended

    Top Ranked

    ₹ 12,812 Cr

    Fund Size

    19.50%

    5 Year CAGR

    5 Y CAGR

    Axis Liquid Fund Retail (G)

    Axis Liquid Fund Retail (G)

    Liquid

    Top Ranked

    ₹ 24,176 Cr

    Fund Size

    4.80%

    3 Year CAGR

    3 Y CAGR

    Axis Liquid Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    Axis Liquid Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    Liquid

    Top Ranked

    ₹ 24,176 Cr

    Fund Size

    4.30%

    3 Year CAGR

    3 Y CAGR

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    About Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M)

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) is a corporate bond debt fund and has delivered an annualised return of 6.3% over a period of 4 years .The fund was previously known as Axis Corp Debt Optys Reg Mn DP.The fund is managed by Axis Asset Management Company Limited.The fund manager’s name is Devang Shah.

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Investment 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. However, there is no assurance that the objective of the scheme will be realized.

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) NAV,AUM,Risk

    The Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) fund was launched on Jul 13, 2017. The NAV (Net Asset Value) of this corporate bond debt as of 2021-07-23 is ₹ 10.2288. The total AUM (Asset Under Management) of the fund as of 2021-07-26 is ₹ 4876.319. The category risk of the Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) fund is Low to Moderate Risk. The fund charges 0.92 % as expense ratio.

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Holdings

    The fund’s highest allocation is towards debt and has invested 86.8% in this asset class. The top three holdings of the fund are national bank for agriculture and rural development,reliance industries limited and rural electrification corporation limited

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to IISL NIFTY Corporate Bond Index TR INR.

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) Review

    Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) has a score of 3 on a scale of 5. The fund scores 3 out of 5 based on historical performance. As compared to the other funds in its category, Axis Corporate Debt Fund Pyt of Inc Dis cum Cap Wdrl (PIDCW-M) has a score of 4 out of 5. The credit risk of the fund is 4 out of 5 as compared to other debt funds.

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