GMP IPO Watch
Debt Scheme - Corporate Bond Fund
AXIS Corporate Bond Fund
Direct Plan · Growth Option · Axis Mutual Fund
Risk: Moderate
★★★★★
Morningstar
₹19.3834
NAV as of 18 Sept 2026
+0.05% day change
52W Low ₹18.34 18 Sept 2025
52W High ₹19.41 14 Aug 2026
Other Plans of This Fund
ISININF846K01ZM8
Scheme Code141588
StructureOpen Ended Schemes
Fund HouseAxis Asset Management Co. Ltd.
AUM (avg. April - June 2026)₹7,851.39 Cr
Expense Ratio (as of 15 Sept 2026)0.36%
Min. Investment5000 and in multiples of Re. 1/- thereafter
Inception Date23 Jun 2017
BenchmarkNIFTY Corporate Bond Index A-II
Portfolio Turnover204.11%
NFO Period23 Jun 2017 – 07 Jul 2017
Returns
1Y
+5.67%
3Y
+7.68%
5Y
+6.76%
7Y
+7.43%
Since Inception
+7.46%
Annualised (CAGR) returns for periods over a year.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.03% | +0.00% | 3 of 21 |
| 1M | -0.03% | -0.04% | 10 of 21 |
| 3M | +1.22% | +0.77% | 19 of 21 |
| 6M | +3.07% | +1.72% | 19 of 21 |
| YTD | +3.80% | +2.06% | 19 of 21 |
| 1Y | +5.67% | +2.85% | 16 of 21 |
| 2Y | +7.31% | +4.29% | 19 of 21 |
| 3Y | +7.68% | +4.76% | 19 of 21 |
| 5Y | +6.76% | +4.02% | 14 of 17 |
| 7Y | +7.43% | +4.18% | 13 of 16 |
| INCEPTION | +7.46% | — | — |
Ranked among: Debt Scheme - Corporate Bond Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.85% | +7.19% | -1.92% | 95% | 39% |
| 6M | +3.71% | +10.01% | +0.63% | 100% | 41% |
| 1Y | +7.63% | +13.43% | +2.79% | 100% | 43% |
| 2Y | +7.60% | +10.35% | +4.31% | 100% | 43% |
| 3Y | +7.48% | +9.37% | +5.27% | 100% | 43% |
| 5Y | +7.18% | +7.98% | +6.52% | 100% | 43% |
| 7Y | +7.57% | +7.96% | +7.01% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Aug 2026
Asset Allocation
- Equity0.00%
- Debt86.81%
- Cash4.59%
- Other8.60%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings120
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Net Receivables / (Payables) | Net Current Assets | 4.59% | — |
| 6.85% National Bank For Agriculture and Rural Development (19/01/2029) ** | Debt | 3.48% | -0.02% |
| GOI LOAN 6.94% 2036 | Debt | 3.15% | -0.23% |
| 7.66% Bajaj Housing Finance Limited (20/03/2028) ** | Debt | 2.57% | -0.01% |
| Tata Capital Limited (21/02/2029) (FRN) ** | Debt | 2.56% | -0.02% |
| SST-7.80%-28-9-30-PTC | Debt | 2.44% | -0.02% |
| 7.4% Bharti Telecom Limited (01/02/2029) ** | Debt | 2.40% | -0.01% |
| 7.7% Nuclear Power Corporation Of India Limited (21/03/2038) ** | Debt | 2.39% | -0.01% |
| 7.83% Small Industries Dev Bank of India (24/11/2028) ** | Debt | 2.39% | -0.02% |
| 8.25% Bajaj Housing Finance Limited (27/05/2031) | Debt | 1.94% | -0.03% |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | Debt | 1.93% | +0.96% |
| 7.22% Small Industries Dev Bank of India (10/04/2029) ** | Debt | 1.91% | -1.94% |
| 7.04% Small Industries Dev Bank of India (09/02/2029) ** | Debt | 1.90% | +1.58% |
| 7.53% National Bank For Agriculture and Rural Development (24/03/2028) | Debt | 1.86% | -0.01% |
| 8.23% Indian Railway Finance Corporation Limited (29/03/2029) ** | Debt | 1.70% | -0.02% |
View all 119 holdings
| 7.45% ICICI Securities Limited (24/11/2028) ** | Debt | 1.69% | -0.01% |
| SST-7.73%-28-9-29-PTC | Debt | 1.69% | -0.01% |
| 724GOI55 | Debt | 1.67% | +1.36% |
| 7.44% National Bank For Agriculture and Rural Development (24/02/2028) | Debt | 1.60% | -0.01% |
| 7.87% Bajaj Housing Finance Limited (04/08/2036) | Debt | 1.59% | — |
| 8% Kohima-Mariani Transmission Limited (30/06/2027) ** | Debt | 1.37% | -0.01% |
| Canara Bank (01/09/2026) | Money Market | 1.29% | — |
| 7.42% Power Finance Corporation Limited (15/04/2028) ** | Debt | 1.28% | -0.01% |
| 7.45% Power Finance Corporation Limited (15/07/2028) | Debt | 1.28% | -0.01% |
| 7.51% Small Industries Dev Bank of India (12/06/2028) ** | Debt | 1.28% | -0.01% |
| 7.57% LIC Housing Finance Limited (23/11/2029) | Debt | 1.28% | -1.30% |
| 6.73% Power Finance Corporation Limited (15/10/2027) ** | Debt | 1.28% | +0.00% |
| 6.52% REC Limited (31/01/2028) | Debt | 1.27% | -0.01% |
| 7.64% Bajaj Housing Finance Limited (01/07/2030) | Debt | 1.27% | -0.02% |
| 7.25% RJ Corp Limited (08/12/2028) ** | Debt | 1.27% | -0.01% |
| 6.74% Small Industries Dev Bank of India (10/01/2029) ** | Debt | 1.26% | -0.01% |
| 7.69% REC Limited (31/03/2033) ** | Debt | 1.22% | -0.35% |
| IUTA1-8.20%-20-9-30-PTC | Debt | 1.10% | -0.02% |
| 7.725% Larsen & Toubro Limited (28/04/2028) ** | Debt | 0.97% | -0.01% |
| 7.4% Bajaj Finance Limited (12/03/2029) ** | Debt | 0.95% | -0.01% |
| 7.45% Bharti Telecom Limited (15/12/2028) ** | Debt | 0.95% | +0.00% |
| 7.55% L&T Metro Rail (Hyderabad) Limited (28/04/2035) ** | Debt | 0.94% | -0.02% |
| 6.78% Indian Railway Finance Corporation Limited (30/04/2030) ** | Debt | 0.94% | -0.01% |
| SDL MH 6.9% 2030 | Debt | 0.90% | — |
| 7.39% Indian Railway Finance Corporation Limited (15/07/2034) ** | Debt | 0.89% | +0.31% |
| 7.62% National Bank For Agriculture and Rural Development (31/01/2028) | Debt | 0.84% | -0.01% |
| 7.92% Bajaj Finance Limited (24/06/2031) ** | Debt | 0.79% | -0.01% |
| 7.07% Bajaj Finance Limited (21/09/2028) | Debt | 0.76% | +0.00% |
| 7.88% Tata Capital Limited (07/07/2031) | Debt | 0.70% | -0.01% |
| 7.15% Sundaram Home Finance Limited (16/05/2028) ** | Debt | 0.70% | +0.00% |
| RKST-7.66%-28-9-28-PTC | Debt | 0.69% | +0.00% |
| 8.1% Tata Capital Housing Finance Limited (13/12/2028) ** | Debt | 0.65% | +0.00% |
| 7.85% IndiGrid Infrastructure Trust (28/02/2028) ** | Debt | 0.65% | +0.00% |
| 7.46% REC Limited (30/06/2028) ** | Debt | 0.64% | +0.45% |
| 7.35% National Housing Bank (02/01/2032) ** | Debt | 0.64% | -0.01% |
| SDL TN 6.64% 2029 | Debt | 0.64% | — |
| 7.04% IndiGrid Infrastructure Trust (27/09/2028) ** | Debt | 0.64% | +0.00% |
| 7.1% National Bank For Agriculture and Rural Development (29/03/2029) ** | Debt | 0.63% | -0.01% |
| 6.61% Power Finance Corporation Limited (15/07/2028) ** | Debt | 0.63% | -0.01% |
| 6.65% Indian Railway Finance Corporation Limited (20/05/2030) ** | Debt | 0.63% | +0.00% |
| IUTAL2-8.17%-21-11-30-PTC | Debt | 0.60% | -0.01% |
| 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** | Debt | 0.57% | -0.01% |
| 7.7% Power Grid Corporation of India Limited (12/10/2033) ** | Debt | 0.47% | +0.00% |
| 7.52% Power Grid Corporation of India Limited (23/03/2033) ** | Debt | 0.44% | -0.02% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Debt | 0.35% | +0.00% |
| 7.96% Pipeline Infrastructure Private Limited (11/03/2027) ** | Debt | 0.32% | +0.00% |
| IRFC-7.57%-18-4-29-PVT | Debt | 0.32% | -0.01% |
| 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) ** | Debt | 0.32% | +0.00% |
| EXIM 7.45% 2028 SR Z01 | Debt | 0.32% | +0.00% |
| 8.05% Kotak Mahindra Prime Limited (28/02/2028) ** | Debt | 0.32% | +0.00% |
| 7.35% Export Import Bank of India (27/07/2028) ** | Debt | 0.32% | +0.00% |
| 7.712% Tata Capital Housing Finance Limited (14/01/2028) ** | Debt | 0.32% | +0.00% |
| 7.37% Indian Railway Finance Corporation Limited (31/07/2029) ** | Debt | 0.32% | -0.65% |
| 7.38% REC Limited (28/02/2029) ** | Debt | 0.32% | — |
| SDL BR 7.02% 2030 | Debt | 0.32% | +0.00% |
| 7.42% Small Industries Dev Bank of India (12/03/2029) ** | Debt | 0.32% | +0.00% |
| 7.23% Export Import Bank of India (18/03/2031) ** | Debt | 0.32% | +0.00% |
| 7.28% REC Limited (31/08/2029) | Debt | 0.32% | — |
| 7.12% Export Import Bank of India (27/06/2030) ** | Debt | 0.32% | +0.00% |
| 7.01% National Bank For Agriculture and Rural Development (16/03/2029) ** | Debt | 0.32% | -0.32% |
| 7.17% Indian Railway Finance Corporation Limited (27/04/2035) ** | Debt | 0.31% | -0.01% |
| PFC-6.92%-14-4-32-PVT | Debt | 0.31% | -0.01% |
| 7.02% Bajaj Finance Limited (18/04/2031) ** | Debt | 0.31% | +0.00% |
| 6.84% NTPC Limited (09/05/2035) ** | Debt | 0.31% | +0.00% |
| GS12SEP27 | Debt | 0.30% | +0.00% |
| 7.75% Tata Capital Housing Finance Limited (18/05/2027) ** | Debt | 0.26% | +0.00% |
| 7.82% Bajaj Finance Limited (31/01/2034) ** | Debt | 0.26% | +0.00% |
| 7.40% Power Grid Corporation of India Limited (17/02/2033) ** | Debt | 0.21% | -0.01% |
| 7.59% National Housing Bank (08/09/2027) ** | Debt | 0.21% | +0.00% |
| 8.55% Indian Railway Finance Corporation Limited (21/02/2029) ** | Debt | 0.20% | +0.00% |
| 771GOI2066 | Debt | 0.19% | -1.52% |
| 7.68% Small Industries Dev Bank of India (09/07/2027) ** | Debt | 0.19% | +0.00% |
| 7.86% Tata Capital Housing Finance Limited (21/09/2029) ** | Debt | 0.19% | +0.00% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.15% | -0.04% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.15% | -0.01% |
| Government of India (05/08/2027) | Debt | 0.13% | +0.00% |
| 7.59% Power Finance Corporation Limited (17/01/2028) ** | Debt | 0.13% | +0.00% |
| SDL KA 7.55% 2035 | Debt | 0.13% | — |
| 7.58% LIC Housing Finance Limited (23/03/2035) ** | Debt | 0.13% | +0.00% |
| 7.6% Power Finance Corporation Limited (13/04/2029) ** | Debt | 0.13% | +0.00% |
| 7.5519% HDB Financial Services Limited (04/04/2029) ** | Debt | 0.13% | +0.00% |
| 7.56% Bajaj Housing Finance Limited (04/10/2034) ** | Debt | 0.12% | -0.01% |
| Government of India (06/05/2028) | Debt | 0.12% | +0.00% |
| 8.12% Bajaj Finance Limited (10/09/2027) | Debt | 0.11% | +0.00% |
| 815TN2028 | Debt | 0.07% | +0.00% |
| 8.35% Indian Railway Finance Corporation Limited (13/03/2029) ** | Debt | 0.07% | -0.33% |
| 718GS2037 | Debt | 0.07% | +0.00% |
| 7.68% Small Industries Dev Bank of India (10/09/2027) ** | Debt | 0.06% | +0.00% |
| 7.47% Small Industries Dev Bank of India (05/09/2029) ** | Debt | 0.06% | +0.00% |
| GOI LOAN 7.17% 2030 | Debt | 0.06% | +0.00% |
| 7.3763% Bajaj Finance Limited (26/06/2028) | Debt | 0.06% | -0.32% |
| 7.87% Bajaj Finance Limited (08/02/2034) ** | Debt | 0.06% | +0.00% |
| 725GOI2063 | Debt | 0.06% | +0.00% |
| GOI LOAN 7.32% 2030 | Debt | 0.05% | +0.00% |
| 8.01% Mahindra & Mahindra Financial Services Limited (24/12/2027) ** | Debt | 0.03% | +0.00% |
| 7.9611% HDB Financial Services Limited (05/01/2028) ** | Debt | 0.03% | +0.00% |
| 7.65% HDB Financial Services Limited (10/09/2027) ** | Debt | 0.03% | +0.00% |
| 726GOI2032 | Debt | 0.02% | +0.00% |
| GOI LOAN 7.37% 2028 | Debt | 0.02% | +0.00% |
| SDL KA 7.29% 2034 | Debt | 0.02% | +0.00% |
| GOI LOAN 6.48% 2035 | Debt | 0.02% | -1.26% |
| GOI LOAN 6.28% 2032 | Debt | 0.01% | +0.00% |
| SDL TS 7.49% 2039 | Debt | 0.01% | +0.00% |
| SDL AP 7.08% 2037 | Debt | 0.01% | +0.00% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.62 | 2.17 | Low Volatility |
| 3Y | 1.58 | 1.90 | Low Volatility |
| 5Y | 1.44 | 1.80 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.13 | -0.24 | Good Risk Adjusted Returns |
| 3Y | 0.81 | 0.28 | Good Risk Adjusted Returns |
| 5Y | 0.57 | 0.00 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.23 | -0.30 | Good Risk Adjusted Returns |
| 3Y | 1.61 | 0.54 | Good Risk Adjusted Returns |
| 5Y | 1.02 | 0.03 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.37 | 1.38 | Good Risk Adjusted Returns |
| 3Y | 1.45 | 1.45 | None |
| 5Y | 1.14 | 1.20 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
DSP Corporate Bond Fund
Regular Plan · Growth
|
+5.83% | +7.11% | +5.76% | +6.94% |
|
BANDHAN Corporate Bond Fund
Regular Plan · Growth
|
+5.52% | +6.97% | +5.77% | +6.97% |
|
Mirae Asset Corporate Bond Fund
Direct Plan · Growth
|
+5.26% | +7.12% | +6.05% | +6.10% |
|
HSBC Corporate Bond Fund
Regular Plan · Growth
|
+5.05% | +7.03% | — | +6.90% |
|
Nippon India Corporate Bond Fund
Regular Plan · Growth Option
|
+5.02% | +7.16% | +6.38% | +7.42% |
|
Canara Robeco Corporate Bond Fund
Direct Plan · GROWTH OPTION
|
+5.00% | +6.74% | +5.84% | +7.40% |
|
Kotak Corporate Bond Fund
Regular Plan · Growth Option
|
+4.92% | +7.03% | +6.08% | +7.17% |
|
SBI Corporate Bond Fund
Regular Plan · Growth
|
+4.76% | +6.80% | +5.81% | +6.70% |
|
Aditya Birla Sun Life Corporate Bond Fund
Regular Plan · GROWTH
|
+4.73% | +6.88% | +6.16% | +8.16% |
|
Tata Corporate Bond Fund
Regular Plan · Growth Option
|
+4.65% | +6.69% | — | +5.77% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +83.90% | +47.36% | — | +42.69% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+81.05% | +46.27% | — | +43.21% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+38.28% | +35.57% | +25.66% | +11.10% |
| Axis Gold ETF | +37.97% | +35.93% | +25.86% | -16.00% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+32.45% | +30.05% | — | +33.65% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+24.70% | +25.16% | +13.28% | +14.26% |
|
Axis Greater China Equity Fund of Fund
Direct Plan · IDCW Option
|
+21.21% | +21.88% | +7.78% | +4.18% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+20.51% | +23.17% | +15.46% | +17.86% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+13.55% | — | — | +20.30% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+12.33% | +17.50% | +11.57% | +15.67% |
About This Scheme
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.
Stated Asset Allocation
Corporate Debt rated AA+ and above - (80%-100%),Other Debt & Money Market Instruments - (0%-20%),Units issued by InvITs - (0%-10%)
Exit Load
Nil
Fund Managers
Mr. Devang Shah, Mr. Hardik Shah
Mr. Devang Shah - Comanage/Fixed Income, Mr. Hardik Shah - Comanage/Fixed Income
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Axis Asset Management Co. Ltd. website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.