Axis Corporate Bond Fund Direct-Growth

Q: What are the returns of Axis Corporate Bond Fund?

The Axis Corporate Bond Fund is a 7 yrs 11 m old fund and has delivered average annual returns of 7.81% since inception. Axis Corporate Bond Fund Returns 1-Year 3-Year 5-Year Since Inception 10.86% 8.57% 7.54% 7.81%

Previously called: Axis Corporate Debt Direct-G

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹18.1469+0.03% 1 day change	7.81% p.a.	#NA View Ranked Funds	₹6,773 Crs

Historical NAV & returns

NAV: ₹18.1469 as on Jun 05, 2025

This fund Category average

Axis Corporate Bond Fund overview

Expense ratio	0.33% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹6,773 Crs
Lock-in	No Lockin
Age	7 yrs 11 m since Jun 23, 2017
Benchmark	Nifty Corporate Bond Index A-II
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Corporate Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	1.19%	1.11%
3 Months	4.21%	3.97%
6 Months	5.88%	5.54%
1 Year	10.86%	10.35%
2 Years	9.03%	8.61%
3 Years	8.57%	8.18%
4 Years	7.16%	6.68%
5 Years	7.54%	6.86%
7 Years	7.92%	7.67%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 74.92013608%

SOV 21.7679489%

Cash & Call Money 3.06671955%

Others 0.24519493%

Top Debt Holdings

GOI 21.61%

National Bank For Agriculture & Rural Development 7.13%

Power Finance Corporation Ltd. 4.52%

REC Ltd. 3.37%

Allocation by Instruments

Debenture 32.92015236%

GOI Securities 21.61187842%

Bonds 20.24630644%

Non Convertible Debenture 10.377025380000001%

Other Holdings

Others 0.25%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Corporate Bond Fund	N.A.	₹6,773 Crs	7 yrs 11 m	0.33%
Nippon India Corporate Bond Fund	N.A.	₹6,566 Crs	12 yrs 5 m	0.36%
PGIM India Corporate Bond Fund	N.A.	₹95 Crs	12 yrs 5 m	0.25%
Franklin India Corporate Debt Fund	N.A.	₹771 Crs	12 yrs 5 m	0.24%
Canara Robeco Corporate Bond Fund	N.A.	₹118 Crs	11 yrs 4 m	0.37%
Kotak Corporate Bond Fund	N.A.	₹14,639 Crs	12 yrs 5 m	0.34%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Corporate Bond Fund	1.19%	5.88%	10.86%	8.57%	7.54%	N.A.
Nippon India Corporate Bond Fund	1.18%	5.81%	10.86%	8.68%	7.57%	7.89%
PGIM India Corporate Bond Fund	1.13%	5.68%	10.5%	8.04%	7.06%	7.55%
Franklin India Corporate Debt Fund	1.1%	6.38%	11.23%	8.28%	7.28%	8.04%
Canara Robeco Corporate Bond Fund	0.82%	4.84%	9.4%	7.59%	6.32%	7.39%
Kotak Corporate Bond Fund	1.12%	5.57%	10.49%	8.26%	7.02%	7.83%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Corporate Bond Fund	1.1	0.68	1.74	3.49
Nippon India Corporate Bond Fund	1.13	0.71	1.76	3.53
PGIM India Corporate Bond Fund	1.09	0.64	1.3	2.7
Franklin India Corporate Debt Fund	1.36	0.64	1.24	3.11
Canara Robeco Corporate Bond Fund	0.97	0.61	1.04	1.99
Kotak Corporate Bond Fund	1.04	0.63	1.53	3.14

View all Corporate Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.99 vs. 2.97 Underperformed at beating benchmark
Sharpe	1.74 vs. 3.56 Poor risk-adjusted returns
Beta	0.68 vs. 1.56 Less sensitive to market ups & downs
Standard deviation	1.1 vs. 1.07 More volatile performance

Compare Axis Corporate Bond Fund in detail with

About this fund

About Axis Corporate Bond Fund

Axis Corporate Bond Fund Direct-Growth is a Corporate Bond mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 7 yrs 11 m, having been launched on 23/06/2017. Axis Corporate Bond Fund Direct-Growth has ₹6,773 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Corporate Bond Fund Direct-Growth as of 05/06/2025 is ₹18.15. The fund has an expense ratio of 0.33%, which is close to what most other Corporate Bond funds charge.

Axis Corporate Bond Fund Direct-Growth returns of last 1-year are 10.95%. Since launch, it has delivered 7.83% average annual returns.
Axis Corporate Bond Fund Direct-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., REC Ltd., IndiGrid Infrastructure Trust.

...

Fund AUM	₹6,773 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Investment objective

The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Axis Gilt Fund	N.A.	₹836 Crs	11.58%	9.19%
Axis Strategic Bond Fund	N.A.	₹1,930 Crs	10.84%	9.04%
Axis Dynamic Bond Fund	N.A.	₹1,337 Crs	11.18%	9.0%
Axis Floater Fund	N.A.	₹181 Crs	11.64%	8.93%
Axis Credit Risk Fund	N.A.	₹363 Crs	10.18%	8.58%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Corporate Bond Fund?

The current Net Asset Value (NAV) of the Axis Corporate Bond Fund - Direct Growth plan is approximately ₹18.1469 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Axis Corporate Bond Fund is a 7 yrs 11 m old fund and has delivered average annual returns of 7.81% since inception.

Axis Corporate Bond Fund Returns

1-Year	3-Year	5-Year	Since Inception
10.86%	8.57%	7.54%	7.81%

How much does this mutual fund charge as expense ratio?

The Axis Corporate Bond Fund - Direct Growth has an expense ratio of 0.33%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹6,773 Crs crore as of Mar 31, 2025.

To whom does Axis Corporate Bond Fund lend to?

The top 3 debt holdings of Axis Corporate Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	21.61%
National Bank For Agriculture & Rural Development	7.13%
Power Finance Corporation Ltd.	4.52%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	74.92013608%
SOV	21.7679489%
Cash & Call Money	3.06671955%

What is risk level of Axis Corporate Bond Fund?

This is a Corporate Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Corporate Bond Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Corporate Bond Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Corporate Bond Fund is complete.

How can I redeem my investments in Axis Corporate Bond Fund?

Redeeming your investments in Axis Corporate Bond Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Corporate Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Corporate Bond

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.