GMP IPO Watch
Debt Scheme - Corporate Bond Fund
AXIS Corporate Bond Fund
Direct Plan · Regular IDCW Option · Axis Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹14.47 3 Nov 2025
52W High ₹15.14 14 Aug 2026
₹15.1121
NAV as of 3 Nov 2026
+0.03% day change
Other Plans of This Fund
ISININF846K01ZS5
Scheme Code141591
StructureOpen Ended Schemes
Fund HouseAxis Asset Management Co. Ltd.
AUM (avg. July - September 2026)₹0.22 Cr
Expense Ratio (as of 22 Oct 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
+4.41%
3Y
+4.49%
5Y
+1.55%
7Y
+3.47%
Since Inception
+4.51%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.31% | +0.31% | 10 of 21 |
| 1M | +0.03% | -0.28% | 4 of 21 |
| 3M | +0.17% | -0.38% | 12 of 21 |
| 6M | +2.63% | +1.47% | 17 of 21 |
| YTD | +3.73% | +1.48% | 16 of 21 |
| 1Y | +4.41% | +1.81% | 16 of 21 |
| 2Y | +6.76% | +3.66% | 17 of 21 |
| 3Y | +4.49% | +4.46% | 19 of 21 |
| 5Y | +1.55% | +3.92% | 14 of 17 |
| 7Y | +3.47% | +4.02% | 13 of 16 |
| INCEPTION | +4.51% | — | — |
Ranked among: Debt Scheme - Corporate Bond Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.18% | +7.19% | -7.26% | 88% | 35% |
| 6M | +2.30% | +10.01% | -6.45% | 83% | 33% |
| 1Y | +4.54% | +13.42% | -9.24% | 67% | 28% |
| 2Y | +4.08% | +10.35% | -5.94% | 73% | 30% |
| 3Y | +3.56% | +9.36% | -2.54% | 79% | 32% |
| 5Y | +2.96% | +5.85% | +1.36% | 100% | 41% |
| 7Y | +3.81% | +4.20% | +3.29% | 100% | 41% |
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 · Sep 2026
Asset Allocation
- Equity0.00%
- Debt88.56%
- Cash11.44%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings117
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Clearing Corporation of India Ltd | Net Current Assets | 8.55% | — |
| 6.85% National Bank For Agriculture and Rural Development (19/01/2029) | Debt | 3.61% | +0.13% |
| Net Receivables / (Payables) | Net Current Assets | 2.89% | — |
| Tata Capital Limited (21/02/2029) (FRN) ** | Debt | 2.68% | +0.12% |
| 7.66% Bajaj Housing Finance Limited (20/03/2028) ** | Debt | 2.67% | +0.10% |
| HDFC Bank Limited (05/03/2027) | Money Market | 2.61% | — |
| SST-7.80%-28-9-30-PTC | Debt | 2.49% | +0.05% |
| 7.7% Nuclear Power Corporation Of India Limited (21/03/2038) ** | Debt | 2.48% | +0.09% |
| 7.83% Small Industries Dev Bank of India (24/11/2028) ** | Debt | 2.48% | +0.09% |
| 7.38% REC Limited (28/02/2029) | Debt | 2.40% | +2.08% |
| GOI LOAN 6.94% 2036 | Debt | 2.31% | -0.84% |
| 7.4% Bharti Telecom Limited (01/02/2029) | Debt | 2.10% | -0.30% |
| 7.04% Small Industries Dev Bank of India (09/02/2029) ** | Debt | 1.98% | +0.08% |
| 7.53% National Bank For Agriculture and Rural Development (24/03/2028) | Debt | 1.94% | +0.08% |
| 8.23% Indian Railway Finance Corporation Limited (29/03/2029) ** | Debt | 1.77% | +0.07% |
View all 119 holdings
| 7.45% ICICI Securities Limited (24/11/2028) ** | Debt | 1.76% | +0.07% |
| SST-7.73%-28-9-29-PTC | Debt | 1.73% | +0.04% |
| 7.44% National Bank For Agriculture and Rural Development (24/02/2028) | Debt | 1.67% | +0.07% |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | Debt | 1.67% | -0.26% |
| 7.87% Bajaj Housing Finance Limited (04/08/2036) ** | Debt | 1.62% | +0.03% |
| 8.25% Bajaj Housing Finance Limited (27/05/2031) | Debt | 1.60% | -0.34% |
| 8% Kohima-Mariani Transmission Limited (30/06/2027) ** | Debt | 1.42% | +0.05% |
| 7.45% Power Finance Corporation Limited (15/07/2028) ** | Debt | 1.34% | +0.06% |
| 7.42% Power Finance Corporation Limited (15/04/2028) ** | Debt | 1.34% | +0.06% |
| 7.51% Small Industries Dev Bank of India (12/06/2028) | Debt | 1.34% | +0.06% |
| 7.57% LIC Housing Finance Limited (23/11/2029) | Debt | 1.33% | +0.05% |
| 6.73% Power Finance Corporation Limited (15/10/2027) ** | Debt | 1.33% | +0.05% |
| PFCL-7.41%-25-2-30-PVT | Debt | 1.32% | — |
| 7.22% Small Industries Dev Bank of India (10/04/2029) | Debt | 1.32% | -0.59% |
| 7.25% RJ Corp Limited (08/12/2028) ** | Debt | 1.31% | +0.04% |
| 7.64% Bajaj Housing Finance Limited (01/07/2030) | Debt | 1.31% | +0.04% |
| 6.74% Small Industries Dev Bank of India (10/01/2029) ** | Debt | 1.31% | +0.05% |
| IUTA1-8.20%-20-9-30-PTC | Debt | 1.12% | +0.02% |
| 7.725% Larsen & Toubro Limited (28/04/2028) ** | Debt | 1.01% | +0.04% |
| 7.45% Bharti Telecom Limited (15/12/2028) ** | Debt | 0.99% | +0.04% |
| 7.4% Bajaj Finance Limited (12/03/2029) ** | Debt | 0.99% | +0.04% |
| Bank of Baroda (25/01/2027) | Money Market | 0.99% | — |
| 6.78% Indian Railway Finance Corporation Limited (30/04/2030) ** | Debt | 0.98% | +0.04% |
| Export Import Bank of India (12/03/2027) | Money Market | 0.98% | — |
| 7.55% L&T Metro Rail (Hyderabad) Limited (28/04/2035) ** | Debt | 0.97% | +0.03% |
| 7.39% Indian Railway Finance Corporation Limited (15/07/2034) ** | Debt | 0.92% | +0.03% |
| 724GOI55 | Debt | 0.89% | -0.78% |
| 7.62% National Bank For Agriculture and Rural Development (31/01/2028) ** | Debt | 0.88% | +0.04% |
| 7.07% Bajaj Finance Limited (21/09/2028) ** | Debt | 0.79% | +0.03% |
| RKST-7.66%-28-9-28-PTC | Debt | 0.70% | +0.01% |
| 7.85% IndiGrid Infrastructure Trust (28/02/2028) ** | Debt | 0.67% | +0.02% |
| 8.1% Tata Capital Housing Finance Limited (13/12/2028) ** | Debt | 0.67% | +0.02% |
| 7.46% REC Limited (30/06/2028) ** | Debt | 0.67% | +0.03% |
| 7.70% Small Industries Dev Bank of India (10/10/2029) ** | Debt | 0.67% | — |
| SDL TN 6.64% 2029 | Debt | 0.66% | +0.02% |
| 7.04% IndiGrid Infrastructure Trust (27/09/2028) ** | Debt | 0.66% | +0.02% |
| 6.61% Power Finance Corporation Limited (15/07/2028) ** | Debt | 0.66% | +0.03% |
| 7.35% National Housing Bank (02/01/2032) ** | Debt | 0.66% | +0.02% |
| Canara Bank (08/12/2026) | Money Market | 0.66% | — |
| Bank of Baroda (11/03/2027) | Money Market | 0.65% | — |
| IUTAL2-8.17%-21-11-30-PTC | Debt | 0.62% | +0.02% |
| 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** | Debt | 0.60% | +0.03% |
| 7.7% Power Grid Corporation of India Limited (12/10/2033) ** | Debt | 0.48% | +0.01% |
| 7.52% Power Grid Corporation of India Limited (23/03/2033) ** | Debt | 0.45% | +0.01% |
| GOI LOAN 6.48% 2035 | Debt | 0.40% | +0.38% |
| 7.15% Sundaram Home Finance Limited (16/05/2028) ** | Debt | 0.40% | -0.30% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Debt | 0.36% | +0.01% |
| 7.96% Pipeline Infrastructure Private Limited (11/03/2027) ** | Debt | 0.34% | +0.02% |
| 7.90% Jamnagar Utilities & Power Private Limited (10/08/2028) ** | Debt | 0.34% | +0.02% |
| 7.67% REC Limited (30/09/2031) ** | Debt | 0.34% | — |
| 8.05% Kotak Mahindra Prime Limited (28/02/2028) ** | Debt | 0.33% | +0.01% |
| EXIM 7.45% 2028 SR Z01 | Debt | 0.33% | +0.01% |
| IRFC-7.57%-18-4-29-PVT | Debt | 0.33% | +0.01% |
| 7.35% Export Import Bank of India (27/07/2028) ** | Debt | 0.33% | +0.01% |
| GOI LOAN 7.63% 2056 | Debt | 0.33% | — |
| 7.712% Tata Capital Housing Finance Limited (14/01/2028) ** | Debt | 0.33% | +0.01% |
| 6.52% REC Limited (31/01/2028) ** | Debt | 0.33% | -0.94% |
| 7.23% Export Import Bank of India (18/03/2031) ** | Debt | 0.33% | +0.01% |
| 7.01% National Bank For Agriculture and Rural Development (16/03/2029) ** | Debt | 0.33% | +0.01% |
| 7.12% Export Import Bank of India (27/06/2030) ** | Debt | 0.33% | +0.01% |
| 6.65% Indian Railway Finance Corporation Limited (20/05/2030) ** | Debt | 0.32% | -0.31% |
| 7.17% Indian Railway Finance Corporation Limited (27/04/2035) ** | Debt | 0.32% | +0.01% |
| PFC-6.92%-14-4-32-PVT | Debt | 0.32% | +0.01% |
| 712MHSDL36 | Debt | 0.32% | — |
| 6.84% NTPC Limited (09/05/2035) ** | Debt | 0.32% | +0.01% |
| GS12SEP27 | Debt | 0.32% | +0.02% |
| 7.75% Tata Capital Housing Finance Limited (18/05/2027) ** | Debt | 0.27% | +0.01% |
| 7.82% Bajaj Finance Limited (31/01/2034) ** | Debt | 0.27% | +0.01% |
| 7.40% Power Grid Corporation of India Limited (17/02/2033) ** | Debt | 0.22% | +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 | 0.21% | +0.01% |
| 7.68% Small Industries Dev Bank of India (09/07/2027) ** | Debt | 0.20% | +0.01% |
| 7.86% Tata Capital Housing Finance Limited (21/09/2029) | Debt | 0.20% | +0.01% |
| 7.92% Bajaj Finance Limited (24/06/2031) ** | Debt | 0.16% | -0.63% |
| Government of India (05/08/2027) | Debt | 0.14% | +0.01% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.14% | -0.01% |
| 7.59% Power Finance Corporation Limited (17/01/2028) ** | Debt | 0.13% | +0.00% |
| 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% |
| SDL KA 7.55% 2035 | 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 | 0.13% | +0.01% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.13% | -0.02% |
| Government of India (06/05/2028) | Debt | 0.12% | +0.00% |
| 8.12% Bajaj Finance Limited (10/09/2027) ** | Debt | 0.12% | +0.01% |
| 815TN2028 | Debt | 0.07% | +0.00% |
| 8.35% Indian Railway Finance Corporation Limited (13/03/2029) ** | Debt | 0.07% | +0.00% |
| 7.68% Small Industries Dev Bank of India (10/09/2027) ** | Debt | 0.07% | +0.01% |
| 718GS2037 | Debt | 0.07% | +0.00% |
| 7.47% Small Industries Dev Bank of India (05/09/2029) ** | Debt | 0.07% | +0.01% |
| 7.3763% Bajaj Finance Limited (26/06/2028) | Debt | 0.07% | +0.01% |
| GOI LOAN 7.17% 2030 | Debt | 0.07% | +0.01% |
| 7.87% Bajaj Finance Limited (08/02/2034) ** | Debt | 0.07% | +0.01% |
| 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% |
| 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 6.28% 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% |
| SDL KA 7.49% 2035 | Debt | 0.00% | — |
| 71GOI2034 | Debt | 0.00% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.34 | 2.18 | Low Volatility |
| 3Y | 4.81 | 2.01 | High Volatility |
| 5Y | 6.28 | 1.94 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.75 | -1.85 | Above Average |
| 3Y | -0.25 | -0.85 | Above Average |
| 5Y | -0.66 | -1.28 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 5.59 | 3.41 | Above Average |
| 3Y | 0.99 | 7.69 | Below Average |
| 5Y | 0.29 | 5.63 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.30 | 1.35 | Good Risk Adjusted Returns |
| 3Y | 1.38 | 1.44 | Good Risk Adjusted Returns |
| 5Y | 1.13 | 1.22 | 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
|
+5.50% | +7.11% | +5.82% | +6.90% |
|
BANDHAN Corporate Bond Fund
Regular Plan · Growth
|
+4.58% | +6.68% | +5.79% | +6.88% |
|
Mirae Asset Corporate Bond Fund
Direct Plan · Growth
|
+4.06% | +6.97% | +6.03% | +5.94% |
|
Canara Robeco Corporate Bond Fund
Direct Plan · GROWTH OPTION
|
+3.86% | +6.53% | +5.83% | +7.32% |
|
HSBC Corporate Bond Fund
Regular Plan · Growth
|
+3.78% | +6.85% | — | +6.63% |
|
Kotak Corporate Bond Fund
Regular Plan · Growth Option
|
+3.67% | +6.78% | +6.01% | +7.08% |
|
Nippon India Corporate Bond Fund
Regular Plan · Growth Option
|
+3.66% | +6.89% | +6.29% | +7.36% |
|
SBI Corporate Bond Fund
Regular Plan · Growth
|
+3.49% | +6.56% | +5.78% | +6.57% |
|
Tata Corporate Bond Fund
Regular Plan · Growth Option
|
+3.43% | +6.47% | — | +5.58% |
|
Aditya Birla Sun Life Corporate Bond Fund
Regular Plan · GROWTH
|
+3.23% | +6.59% | +6.06% | +8.09% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +17.81% | +33.68% | — | +31.48% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+17.50% | +29.27% | — | +31.11% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+17.24% | +33.44% | — | +31.91% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+13.71% | +23.39% | +13.85% | +16.90% |
| Axis Gold ETF | +13.04% | +29.56% | +22.58% | +11.47% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+12.88% | +29.36% | +22.31% | +10.06% |
| Axis NIFTY Healthcare ETF | +11.90% | +20.81% | +14.24% | +13.66% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+11.59% | +24.15% | +11.61% | +12.65% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+10.59% | — | — | +18.14% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+9.15% | +17.80% | +10.30% | +14.67% |
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.