Axis Corporate Debt Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | Corporate Bond Fund | |||||
BMSMONEY Rank | 6 | |||||
BMSMONEY Rating | ||||||
Gro. Opt. | As On: | 25-10-2024 | ||||
NAV | ₹16.1(R) | +0.01% | ₹16.97(D) | +0.01% | ||
Returns | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum (R) | 8.35% | 5.93% | 6.73% | 6.73% | -% | |
LumpSum (D) | 8.99% | 6.62% | 7.45% | 7.5% | -% | |
SIP (R) | 8.45% | 7.06% | 5.64% | 6.22% | -% | |
SIP (D) | 9.08% | 7.74% | 6.32% | 6.94% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
-0.91 | -0.29 | 0.55 | -% | - | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
1.11% | -0.08% | -0.6% | - | 0.83% |
Top Corporate Bond Fund | |||||
---|---|---|---|---|---|
Fund Name | Rank | Rating | |||
Nippon India Corporate Bond Fund | 1 | ||||
Aditya Birla Sun Life Corporate Bond Fund | 2 | ||||
Icici Prudential Corporate Bond Fund | 3 | ||||
Hdfc Corporate Bond Fund | 4 |
NAV Date: 25-10-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Axis Corporate Debt Fund - Direct Plan - Monthly IDCW | 10.19 |
-0.0500
|
-0.5000%
|
Axis Corporate Debt Fund - Regular Plan - Monthly IDCW | 10.19 |
-0.0500
|
-0.4600%
|
Axis Corporate Debt Fund - Direct Plan - Daily IDCW | 10.23 |
0.0000
|
0.0000%
|
Axis Corporate Debt Fund - Regular Plan - Daily IDCW | 10.23 |
0.0000
|
0.0000%
|
Axis Corporate Debt Fund - Regular Plan - Weekly IDCW | 10.25 |
0.0000
|
0.0100%
|
Axis Corporate Debt Fund - Direct Plan - Weekly IDCW | 10.37 |
0.0000
|
0.0100%
|
Axis Corporate Debt Fund - Regular Plan - Regular IDCW | 12.44 |
0.0000
|
0.0100%
|
Axis Corporate Debt Fund - Direct Plan - Regular IDCW | 13.24 |
0.0000
|
0.0100%
|
Axis Corporate Debt Fund - Regular Plan Growth | 16.1 |
0.0000
|
0.0100%
|
Axis Corporate Debt Fund - Direct Plan Growth | 16.97 |
0.0000
|
0.0100%
|
Review Date: 25-10-2024
Axis Corporate Debt Fund has shown good performance in the Corporate Bond Fund category. The fund has rank of 6 out of 17 funds in the category. The fund has delivered return of 8.35% in 1 year, 5.93% in 3 years and 6.73% in 5 years. The category average for the same periods is 8.25%, 5.74% and 6.41% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 1.11, VaR of -0.08, Average Drawdown of -0.6, Semi Deviation of 0.83 and Max Drawdown of -0.6. The category average for the same parameters is 1.16, -0.34, -0.63, 0.9 and -0.8 respectively. The fund has low risk in the category.Key Points:
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.47 |
0.51
|
0.40 | 0.67 | 14 | 20 | Average | |
3M Return % | 2.16 |
2.21
|
2.00 | 2.41 | 12 | 20 | Average | |
6M Return % | 4.44 |
4.44
|
4.08 | 4.77 | 11 | 20 | Average | |
1Y Return % | 8.35 |
8.25
|
7.64 | 8.88 | 8 | 20 | Good | |
3Y Return % | 5.93 |
5.74
|
5.20 | 6.43 | 6 | 17 | Good | |
5Y Return % | 6.73 |
6.41
|
5.74 | 7.12 | 5 | 16 | Good | |
7Y Return % | 6.73 |
6.67
|
6.02 | 7.33 | 6 | 12 | Good | |
1Y SIP Return % | 8.45 |
8.48
|
7.95 | 9.13 | 10 | 20 | Good | |
3Y SIP Return % | 7.06 |
6.97
|
6.43 | 7.57 | 6 | 17 | Good | |
5Y SIP Return % | 5.64 |
5.48
|
4.89 | 6.09 | 6 | 16 | Good | |
7Y SIP Return % | 6.22 |
6.27
|
5.61 | 6.85 | 7 | 12 | Average | |
Standard Deviation | 1.11 |
1.16
|
0.91 | 1.91 | 9 | 17 | Good | |
Semi Deviation | 0.83 |
0.90
|
0.71 | 1.55 | 9 | 17 | Good | |
Max Drawdown % | -0.60 |
-0.80
|
-2.49 | -0.09 | 7 | 17 | Good | |
VaR 1 Y % | -0.08 |
-0.34
|
-2.51 | 0.00 | 7 | 17 | Good | |
Average Drawdown % | -0.60 |
-0.63
|
-2.49 | -0.07 | 11 | 17 | Average | |
Sharpe Ratio | -0.91 |
-1.02
|
-1.56 | -0.45 | 7 | 17 | Good | |
Sterling Ratio | 0.55 |
0.53
|
0.41 | 0.62 | 5 | 17 | Very Good | |
Sortino Ratio | -0.29 |
-0.31
|
-0.44 | -0.16 | 7 | 17 | Good |
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Performance |
---|---|---|---|---|---|---|
1M Return % | 0.52 | 0.54 | 0.42 | 0.71 | 11 | 20 | ||
3M Return % | 2.31 | 2.31 | 2.12 | 2.48 | 12 | 20 | ||
6M Return % | 4.76 | 4.65 | 4.33 | 4.90 | 7 | 20 | ||
1Y Return % | 8.99 | 8.67 | 7.98 | 9.21 | 6 | 20 | ||
3Y Return % | 6.62 | 6.16 | 5.47 | 6.81 | 3 | 17 | ||
5Y Return % | 7.45 | 6.83 | 6.06 | 7.45 | 1 | 16 | ||
7Y Return % | 7.50 | 7.13 | 6.59 | 7.50 | 1 | 12 | ||
1Y SIP Return % | 9.08 | 8.90 | 8.44 | 9.40 | 7 | 20 | ||
3Y SIP Return % | 7.74 | 7.38 | 6.91 | 7.92 | 4 | 17 | ||
5Y SIP Return % | 6.32 | 5.88 | 5.22 | 6.47 | 2 | 16 | ||
7Y SIP Return % | 6.94 | 6.71 | 6.30 | 7.02 | 5 | 12 | ||
Standard Deviation | 1.11 | 1.16 | 0.91 | 1.91 | 9 | 17 | ||
Semi Deviation | 0.83 | 0.90 | 0.71 | 1.55 | 9 | 17 | ||
Max Drawdown % | -0.60 | -0.80 | -2.49 | -0.09 | 7 | 17 | ||
VaR 1 Y % | -0.08 | -0.34 | -2.51 | 0.00 | 7 | 17 | ||
Average Drawdown % | -0.60 | -0.63 | -2.49 | -0.07 | 11 | 17 | ||
Sharpe Ratio | -0.91 | -1.02 | -1.56 | -0.45 | 7 | 17 | ||
Sterling Ratio | 0.55 | 0.53 | 0.41 | 0.62 | 5 | 17 | ||
Sortino Ratio | -0.29 | -0.31 | -0.44 | -0.16 | 7 | 17 |
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.01 | ₹ 10,001.00 | 0.01 | ₹ 10,001.00 |
1W | 0.08 | ₹ 10,008.00 | 0.10 | ₹ 10,010.00 |
1M | 0.47 | ₹ 10,047.00 | 0.52 | ₹ 10,052.00 |
3M | 2.16 | ₹ 10,216.00 | 2.31 | ₹ 10,231.00 |
6M | 4.44 | ₹ 10,444.00 | 4.76 | ₹ 10,476.00 |
1Y | 8.35 | ₹ 10,835.00 | 8.99 | ₹ 10,899.00 |
3Y | 5.93 | ₹ 11,886.00 | 6.62 | ₹ 12,122.00 |
5Y | 6.73 | ₹ 13,851.00 | 7.45 | ₹ 14,325.00 |
7Y | 6.73 | ₹ 15,777.00 | 7.50 | ₹ 16,588.00 |
10Y | ₹ | ₹ | ||
15Y | ₹ | ₹ |
Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.
Investment Period | Invested Amount | Regular | Direct | ||
---|---|---|---|---|---|
XIRR % | Current Value of Invested Amount | XIRR % | Current Value of Invested Amount | ||
1Y | ₹ 12000 | 8.45 | ₹ 12,541.54 | 9.08 | ₹ 12,581.77 |
3Y | ₹ 36000 | 7.06 | ₹ 40,064.36 | 7.74 | ₹ 40,469.72 |
5Y | ₹ 60000 | 5.64 | ₹ 69,200.28 | 6.32 | ₹ 70,395.48 |
7Y | ₹ 84000 | 6.22 | ₹ 104,802.35 | 6.94 | ₹ 107,529.66 |
10Y | ₹ 120000 | ₹ | ₹ | ||
15Y | ₹ 180000 | ₹ | ₹ |
Date | Axis Corporate Debt Fund NAV Regular Growth | Axis Corporate Debt Fund NAV Direct Growth |
---|---|---|
25-10-2024 | 16.103 | 16.9742 |
24-10-2024 | 16.1015 | 16.9723 |
23-10-2024 | 16.0957 | 16.966 |
22-10-2024 | 16.0825 | 16.9517 |
21-10-2024 | 16.0884 | 16.9576 |
18-10-2024 | 16.0895 | 16.958 |
17-10-2024 | 16.097 | 16.9656 |
16-10-2024 | 16.0995 | 16.968 |
15-10-2024 | 16.1012 | 16.9695 |
14-10-2024 | 16.0947 | 16.9624 |
11-10-2024 | 16.0785 | 16.9445 |
10-10-2024 | 16.0747 | 16.9402 |
09-10-2024 | 16.073 | 16.9381 |
08-10-2024 | 16.05 | 16.9136 |
07-10-2024 | 16.0369 | 16.8996 |
04-10-2024 | 16.0371 | 16.8989 |
03-10-2024 | 16.0533 | 16.9158 |
01-10-2024 | 16.0582 | 16.9203 |
30-09-2024 | 16.045 | 16.9062 |
27-09-2024 | 16.0331 | 16.8928 |
26-09-2024 | 16.0407 | 16.9006 |
25-09-2024 | 16.0281 | 16.887 |
Fund Launch Date: 23/Jun/2017 |
Fund Category: Corporate Bond Fund |
Investment Objective: An Open Ended Debt Scheme Predominantly Investing In AA+ And Above Rated Corporate Bonds |
Fund Description: An Open Ended Debt Scheme Predominantly Investing In AA+ And Above Rated Corporate Bonds |
Fund Benchmark: NIFTY Corporate Bond Index |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.