Axis Corporate Bond Fund
Corporate BondModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹18.17-0.15%1 day
- Return since launch
- 6.7%
- 52-week range
- ₹17.34 — ₹18.22
- AUM
- ₹7,768 Cr
Axis Corporate Bond Fund is a Corporate Bond debt fund from Axis Mutual Fund with ₹7,768 Cr under management, launched in 2017. Over three years it has returned 6.4% a year, against 6.8% for its category. The expense ratio is 0.97% and the SEBI riskometer reading is Moderate.
Performance
Axis Corporate Bond Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.7% | +0.1 pts | 4.7% | 4.6% |
| 2Y | 5.6% | +0.2 pts | 5.4% | 5.4% |
| 3Y | 6.4% | −0.4 pts | 6.8% | 6.2% |
| 5Y | 6.6% | +0.7 pts | 5.8% | 6.4% |
| 7Y | 6.4% | +0.2 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | 0.0 pts | 0.1% | 0.1% |
| 3M | 0.6% | −0.1 pts | 0.7% | 0.7% |
| 6M | 3.0% | +0.1 pts | 2.9% | 2.9% |
| 1Y | 4.8% | +0.1 pts | 4.7% | 4.7% |
| 2Y | 6.5% | +0.3 pts | 6.2% | 6.3% |
| 3Y | 7.0% | +0.2 pts | 6.8% | 6.8% |
| 5Y | 6.1% | +0.2 pts | 5.8% | 5.9% |
| 7Y | 6.8% | +0.3 pts | 6.5% | 6.4% |
Since launch (23 Jun 2017): 6.7%
Calendar-year returns
Category average11.6%
3.7%
3.7%
6.8%
8.0%
7.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.9% | −0.1 pts | 8.0% |
| 2024 | 8.0% | −0.4 pts | 8.4% |
| 2023 | 6.8% | −0.4 pts | 7.2% |
| 2022 | 3.7% | +0.2 pts | 3.5% |
| 2021 | 3.7% | −0.3 pts | 4.0% |
| 2020 | 11.6% | +0.6 pts | 11.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.97%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.81%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.15%
- Exit load
- For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Corporate Bond Index A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.75 | 0.97 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.29 | 1.62 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.58 | 1.35 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Axis Corporate Bond Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt95.4%
- Other4.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 13.49% | ₹1,048 Cr | +0.95% | +0.91% | +0.78% |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.80% | ₹295 Cr | +0.24% | +1.41% | +7.42% |
| Bajaj Housing Finance Ltd. | Financial | 3.66% | ₹284 Cr | +0.35% | +0.35% | +1.60% |
| Power Finance Corporation Ltd. | Financial | 2.82% | ₹219 Cr | +4.72% | +4.64% | +2.12% |
| National Bank For Agriculture & Rural Development | Financial | 2.71% | ₹210 Cr | +5.73% | +1.18% | +2.96% |
| REC Ltd. | Financial | 2.50% | ₹195 Cr | +5.71% | +2.36% | +4.27% |
| Siddhivinayak Securitisation Trust | Others | 2.44% | ₹190 Cr | +2.26% | +2.26% | — |
| Nuclear Power Corpn. Of India Ltd. | Energy | 2.39% | ₹186 Cr | +1.61% | +0.41% | +0.37% |
| ICICI Securities Ltd. | Financial | 1.69% | ₹131 Cr | +1.56% | +1.54% | — |
| Shivshakti Securitisation Trust | Others | 1.69% | ₹131 Cr | +1.57% | +1.57% | — |
| Kohima-Mariani Transmission Ltd. | Energy | 1.37% | ₹107 Cr | +1.28% | +1.27% | +1.21% |
| company:5652 | Financial | 1.29% | ₹100 Cr | — | +2.19% | — |
| RJ Corp Ltd. | Consumer Staples | 1.27% | ₹98.48 Cr | +1.17% | +1.16% | — |
| Bajaj Finance Ltd. | Financial | 1.22% | ₹94.44 Cr | +0.86% | +0.85% | +0.77% |
| Indian Railway Finance Corporation Ltd. | Financial | 1.21% | ₹93.79 Cr | +0.55% | +0.55% | +0.80% |
| India Universal Trust AL1 | Others | 1.10% | ₹85.16 Cr | +1.05% | +1.06% | +0.99% |
| Larsen & Toubro Ltd. | Construction | 0.97% | ₹75.28 Cr | — | +0.65% | +0.59% |
| Bharti Telecom Ltd. | Communication | 0.95% | ₹73.76 Cr | +0.30% | +0.87% | — |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | 0.94% | ₹73.34 Cr | +0.87% | +0.88% | +0.78% |
| Power Grid Corporation Of India Ltd. | Energy | 0.90% | ₹70.14 Cr | +0.84% | +0.86% | +1.05% |
| company:5848 | Others | 0.90% | ₹69.61 Cr | — | +0.59% | +0.76% |
| National Housing Bank | Financial | 0.85% | ₹66.01 Cr | +0.39% | +0.47% | +0.48% |
| Tata Capital Housing Finance Ltd. | Financial | 0.84% | ₹65.23 Cr | +1.78% | +1.74% | +2.09% |
| Tata Capital Ltd. | Financial | 0.70% | ₹54.65 Cr | +0.60% | +0.94% | +0.27% |
| Sundaram Home Finance Ltd. | Financial | 0.70% | ₹54.43 Cr | +0.65% | +0.64% | +0.57% |
| Radhakrishna Securitisation Trust | Others | 0.69% | ₹53.37 Cr | +0.64% | +0.64% | — |
| IndiGrid Infrastructure Trust | Capital Goods | 0.65% | ₹50.18 Cr | +1.49% | +0.59% | +0.75% |
| Export-Import Bank Of India | Financial | 0.64% | ₹50.01 Cr | +0.60% | +0.59% | +0.53% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.32% | ₹25.07 Cr | +0.30% | +0.29% | +0.26% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.32% | ₹25.06 Cr | +0.30% | +0.30% | +0.27% |
| Kotak Mahindra Prime Ltd. | Financial | 0.32% | ₹25.02 Cr | +1.30% | +1.29% | +0.26% |
| Bihar State | Others | 0.32% | ₹24.86 Cr | +0.29% | +0.53% | — |
| NTPC Ltd. | Energy | 0.31% | ₹23.95 Cr | +0.28% | — | — |
| GOI | Sovereign | 0.19% | ₹15.14 Cr | +0.02% | +0.02% | +0.02% |
| Karnataka State | Others | 0.13% | ₹9.99 Cr | +0.12% | +0.59% | +0.01% |
| LIC Housing Finance Ltd. | Financial | 0.13% | ₹9.98 Cr | +0.12% | +0.12% | +0.27% |
| Tamilnadu State | Others | 0.07% | ₹5.11 Cr | +0.06% | +0.06% | +0.05% |
| HDB Financial Services Ltd. | Financial | 0.06% | ₹4.49 Cr | +1.01% | +0.94% | +1.48% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.03% | ₹2.50 Cr | +0.51% | +0.47% | +0.42% |
| Telangana State | Financial | 0.01% | ₹0.61 Cr | +0.01% | +0.01% | — |
| Andhra Pradesh State | Financial | 0.01% | ₹0.45 Cr | +0.01% | +0.35% | 0.00% |
| company:5656 | Financial | 0.01% | ₹0.43 Cr | — | — | — |
| company:9048 | Financial | 0.00% | ₹0.23 Cr | — | 0.00% | — |
| company:5329 | Financial | 0.00% | ₹0.20 Cr | — | — | — |
| company:1570 | Financial | 0.00% | ₹0.18 Cr | +2.81% | — | — |
| company:4647 | Financial | 0.00% | ₹0.18 Cr | 0.00% | — | — |
| DBS Bank India Ltd. | Financial | 0.00% | ₹0.02 Cr | 0.00% | — | — |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | 0.00% | ₹0.01 Cr | 0.00% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 1.71% | 0.19% | -1.51% |
| company:5652 | 0.00% | 1.29% | +1.29% |
| company:5848 | 0.00% | 0.90% | +0.90% |
| Gujarat State | 0.64% | 0.00% | -0.64% |
| REC Ltd. | 0.64% | 0.32% | -0.33% |
| Bajaj Finance Ltd. | 0.11% | 0.31% | +0.20% |
| Karnataka State | 0.00% | 0.13% | +0.12% |
| India Universal Trust AL1 | 1.12% | 1.10% | -0.02% |
| Power Grid Corporation Of India Ltd. | 0.46% | 0.44% | -0.02% |
| Siddhivinayak Securitisation Trust | 2.46% | 2.44% | -0.02% |
| L&T Metro Rail (Hyderabad) Ltd. | 0.96% | 0.94% | -0.02% |
| Nuclear Power Corpn. Of India Ltd. | 2.40% | 2.39% | -0.01% |
| Shivshakti Securitisation Trust | 1.70% | 1.69% | -0.01% |
| ICICI Securities Ltd. | 1.70% | 1.69% | -0.01% |
| RJ Corp Ltd. | 1.28% | 1.27% | -0.01% |
| Tata Capital Ltd. | 0.71% | 0.70% | -0.01% |
| Larsen & Toubro Ltd. | 0.98% | 0.97% | -0.01% |
| company:5656 | 0.00% | 0.01% | +0.01% |
| Bharti Telecom Ltd. | 0.95% | 0.95% | -0.01% |
| NTPC Ltd. | 0.31% | 0.31% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.85% | 0.84% | 0.00% |
| Kohima-Mariani Transmission Ltd. | 1.38% | 1.37% | 0.00% |
| Power Finance Corporation Ltd. | 1.28% | 1.28% | 0.00% |
| Radhakrishna Securitisation Trust | 0.69% | 0.69% | 0.00% |
| IndiGrid Infrastructure Trust | 0.65% | 0.65% | 0.00% |
| Sundaram Home Finance Ltd. | 0.70% | 0.70% | 0.00% |
| company:9048 | 0.00% | 0.00% | 0.00% |
| Bihar State | 0.32% | 0.32% | 0.00% |
| company:5329 | 0.00% | 0.00% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.13% | 0.12% | 0.00% |
| company:1570 | 0.00% | 0.00% | 0.00% |
| company:4647 | 0.00% | 0.00% | 0.00% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.32% | 0.32% | 0.00% |
| Export-Import Bank Of India | 0.32% | 0.32% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.20% | 0.20% | 0.00% |
| Kotak Mahindra Prime Ltd. | 0.32% | 0.32% | 0.00% |
| DBS Bank India Ltd. | 0.00% | 0.00% | 0.00% |
| Nomura Fixed Income Securities Pvt. Ltd. | 0.00% | 0.00% | 0.00% |
| Tata Capital Housing Finance Ltd. | 0.19% | 0.19% | 0.00% |
| National Housing Bank | 0.21% | 0.21% | 0.00% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.32% | 0.32% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.06% | 0.06% | 0.00% |
| Others | 0.35% | 0.35% | 0.00% |
| LIC Housing Finance Ltd. | 0.13% | 0.13% | 0.00% |
| Tamilnadu State | 0.07% | 0.07% | 0.00% |
| HDB Financial Services Ltd. | 0.03% | 0.03% | 0.00% |
| Mahindra & Mahindra Financial Services Ltd. | 0.03% | 0.03% | 0.00% |
| Andhra Pradesh State | 0.01% | 0.01% | 0.00% |
| Telangana State | 0.01% | 0.01% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹10,225 Cr | 0.58% | 5.5% | 6.7% | 6.7% |
 ICICI Prudential Corporate Bond Fund | ₹29,688 Cr | 0.60% | 5.2% | 6.6% | 6.9% |
 Bandhan Corporate Bond Fund | ₹13,626 Cr | 0.68% | 5.6% | 6.5% | 6.5% |
 UTI Corporate Bond Fund | ₹4,718 Cr | 0.61% | 4.8% | 6.3% | 6.5% |
 DSP Corporate Bond Fund | ₹2,816 Cr | 0.53% | 6.1% | 6.8% | 6.7% |
 Baroda BNP Paribas Corporate Bond Fund | ₹275 Cr | 0.50% | 5.8% | 7.0% | 6.9% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt.
Fund managers
- Devang ShahMr. 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 ShahMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.02% absolute | ₹60,000 | ₹61,812 | 3.02% | |
| 1 year4.79% annualised | ₹1,20,000 | ₹1,23,160 | 2.63% | |
| 3 years6.98% annualised | ₹3,60,000 | ₹4,01,503 | 11.53% | |
| 5 years6.07% annualised | ₹6,00,000 | ₹7,02,492 | 17.08% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Axis Corporate Bond Fund?
The NAV of Axis Corporate Bond Fund is ₹18.17 as on 24 Sep 2026.
What is the expense ratio of Axis Corporate Bond Fund?
The expense ratio of Axis Corporate Bond Fund is 0.97% per year.
What is the minimum SIP amount for Axis Corporate Bond Fund?
You can start a SIP in Axis Corporate Bond Fund with ₹3,000 a month.
What returns has Axis Corporate Bond Fund given?
Axis Corporate Bond Fund has returned 4.7% over 1 year, 6.4% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on Axis Corporate Bond Fund?
Lock-in: None. Exit load: For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months..
How risky is Axis Corporate Bond Fund?
Axis Corporate Bond Fund is rated Moderate on the SEBI riskometer and belongs to the Corporate Bond category.
Which fund house manages Axis Corporate Bond Fund?
Axis Corporate Bond Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,77,445 Cr under management.