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  • Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)

Formerly Axis Corporate Debt Reg DR

Axis Mutual Fund

Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)

DebtCorporate Bond

13.5427

NAV (Oct 13)

7.4%
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

5,484 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

Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

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Short Term Money

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
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

13.5427

NAV (Oct 13)

Fund Returns

Last 1Y
4.7%
Last 3Y
7.7%
Last 5Y
NA
Last 10Y
NA
Since Inception
7.4%
6 Month CAGR
2.5%
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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

risk-indicator-arrow.svg

Low to Moderate Risk

Expense Ratio
0.93
Launched (4y ago)
Jul 13, 2017
AUM in Crores
5483.324
ISIN
INF846K01A11
Lock-in
No Lock-in
Benchmark
IISL NIFTY Corporate Bond Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
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%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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
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    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 12,698 cr

5

recommended-badge

₹ 28,554 cr

5

recommended-badge

₹ 11,007 cr

5

recommended-badge

₹ 21,654 cr

5

recommended-badge

₹ 28,496 cr

5

amc-icon

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 251,316 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.

amc-img

  • tel-amc-about
    022-43255161
  • mail-amc-about
    customerservice@axismf.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    5%

    7.2%

    recommended-badge

    23.8%

    14.4%

    recommended-badge

    29.7%

    20.4%

    top-ranked-badge

    4.5%

    6.8%

    top-ranked-badge

    3.7%

    5.2%

    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

    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

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    About Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)

    About Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A)

    Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) is a Corporate Bond Debt fund and has delivered an annualised return of 7.4% over a period of 4 years. The fund was previously known as Axis Corporate Debt Reg DR . The fund is managed by Axis Asset Management Company Limited. The fund manager’s name is Devang Shah

    Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) NAV,AUM,Risk

    The Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) fund was launched on Jul 13, 2017. The NAV (Net Asset Value) of this Corporate Bond Debt fund as of 2021-10-13 is ₹13.54. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹5483.324. The category risk of the Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) fund is Low to Moderate Risk. The fund charges 0.93 % as expense ratio.

    Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 89.6% in this asset class. The top three holdings of the fund are , national bank for agriculture and rural development , clearing corporation of india ltd , 5.63% govt stock 2026 , embassy office parks reit , govt stock , motherson sumi systems limited , rural electrification corporation limited , housing development finance corporation limited , grasim industries limited , 91 dtb 23122021 , reliance industries limited , food corporation of india , national bank for agriculture and rural development , aditya birla finance limited , l&t finance limited , l&t finance limited , power finance corporation limited , mahindra & mahindra financial services limited , idfc first bank limited , tata capital limited , hdb financial services limited , indian railway finance corporation limited , larsen and toubro limited , india infradebt limited , 08.27% rj sdl spl 2023 , embassy office parks reit , summit digitel infrastructure private limited , 8.68% gujrat sdl 2023 , food corporation of india , housing development finance corporation limited , 7.18% tn sdl 2027 , 6.10% govt stock 2031 , housing development finance corporation limited , india infradebt limited , reliance industries limited , lic housing finance limited , sikka ports & terminals limited , state bank of india , tata capital limited , housing development finance corporation limited , varanasi sangam expressway private limited , 04.54 mh sdl 2022 , india grid trust , net receivables / (payables) , rural electrification corporation limited , housing development finance corporation limited , rural electrification corporation limited , rural electrification corporation limited , india grid trust , hdb financial services limited , power finance corporation limited , national bank for agriculture and rural development , lic housing finance limited , national bank for agriculture and rural development , 06.82 br sdl 2028 , housing development finance corporation limited , 7.16% govt stock 2023 , india infradebt limited , export-import bank of india , summit digitel infrastructure private limited , indian oil corporation limited , indian railway finance corporation limited , national bank for agriculture and rural development , lic housing finance limited , india grid trust , 6.79% govt stock 2027 , l & t infrastructure finance company limited , icici securities limited , 8.66% haryana sdl 2023 , mahindra & mahindra financial services limited , rural electrification corporation limited , 8.22% karnataka sdl 2025 , first business receivables trust , 08.18 tn sdl 2028 , 08.08 mh sdl 2028 , 8.53 gj sdl 2028 , reliance ports and terminals limited , power finance corporation ltd. , 06.79% wb sdl 2028 , 06.77 br sdl 2028 , first business receivables trust , 06.23 rj sdl 2027 , india infradebt limited , 8.83% govt stock 2023 , 4.48% govt stock 2023 , rural electrification corporation limited , first business receivables trust , state bank of india , hdfc bank limited , rec limited , rural electrification corporation limited , indian oil corporation limited , bhopal dhule transmission company limited , oriental nagpur betul highway private limited , national bank for agriculture and rural development , indian railway finance corporation limited , lic housing finance limited , rec limited , 6.67% govt stock 2035 , icici bank limited , first business receivables trust , state bank of india

    Axis Corporate Debt Fund Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) 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 Reinvst of Inc Dis cum Cap Wdrl (RIDCW-A) Review

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

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