Axis Corporate Bond Fund
Corporate BondModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹18.26+0.08%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹17.51 — ₹18.25
- AUM
- ₹7,309 Cr
Axis Corporate Bond Fund is a Corporate Bond debt fund from Axis Mutual Fund with ₹7,309 Cr under management, launched in 2017. Over three years it has returned 6.1% a year, against 6.7% for its category. The expense ratio is 0.96% 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 +4.2% against +4.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.4% | +0.4 pts | 4.0% | 4.1% |
| 2Y | 5.3% | +0.3 pts | 5.0% | 5.0% |
| 3Y | 6.1% | −0.6 pts | 6.7% | 5.9% |
| 5Y | 6.5% | +0.6 pts | 5.9% | 6.3% |
| 7Y | 6.3% | +0.2 pts | 6.1% | 6.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.6% | 0.0 pts | 0.6% | 0.5% |
| 3M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 6M | 2.6% | 0.0 pts | 2.6% | 2.6% |
| 1Y | 4.2% | +0.2 pts | 4.0% | 4.0% |
| 2Y | 6.3% | +0.3 pts | 6.0% | 6.0% |
| 3Y | 7.0% | +0.2 pts | 6.7% | 6.8% |
| 5Y | 6.1% | +0.3 pts | 5.9% | 5.9% |
| 7Y | 6.6% | +0.3 pts | 6.3% | 6.3% |
Since launch (23 Jun 2017): 6.6%
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
0.98%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.83%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.14%
- 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 | 0.63 | 0.94 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.12 | 1.59 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.66 | 1.38 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Axis Corporate Bond Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt97.6%
- Other2.4%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 11.79% | ₹879 Cr | +0.99% | +0.97% | +0.82% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.55% | ₹339 Cr | +0.25% | +0.24% | +8.85% |
| Bajaj Housing Finance Ltd. | Financial | 3.35% | ₹250 Cr | +0.37% | +0.36% | +1.67% |
| Power Finance Corporation Ltd. | Financial | 2.93% | ₹219 Cr | +4.94% | +4.85% | +3.78% |
| National Bank For Agriculture & Rural Development | Financial | 2.81% | ₹210 Cr | +2.88% | +1.23% | +1.66% |
| REC Ltd. | Financial | 2.73% | ₹204 Cr | +3.04% | +1.23% | +2.23% |
| Tata Capital Ltd. | Financial | 2.68% | ₹199 Cr | +2.49% | +0.99% | +0.28% |
| HDFC Bank Ltd. | Financial | 2.61% | ₹194 Cr | — | +1.15% | +0.28% |
| Siddhivinayak Securitisation Trust | Others | 2.49% | ₹185 Cr | +2.38% | +2.34% | +1.02% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 2.48% | ₹185 Cr | +2.32% | +0.43% | +0.39% |
| ICICI Securities Ltd. | Financial | 1.76% | ₹131 Cr | +1.64% | +1.61% | — |
| Shivshakti Securitisation Trust | Others | 1.73% | ₹129 Cr | +1.64% | +1.63% | +0.93% |
| Export-Import Bank Of India | Financial | 1.65% | ₹123 Cr | +0.94% | +0.92% | +0.83% |
| Kohima-Mariani Transmission Ltd. | Energy | 1.42% | ₹106 Cr | +1.32% | +1.32% | +1.20% |
| RJ Corp Ltd. | Consumer Staples | 1.31% | ₹97.95 Cr | +1.23% | +1.21% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 1.25% | ₹93.07 Cr | +0.58% | +0.57% | +0.83% |
| India Universal Trust AL1 | Others | 1.12% | ₹83.81 Cr | +1.09% | +1.10% | +1.02% |
| Larsen & Toubro Ltd. | Construction | 1.01% | ₹75.05 Cr | +0.94% | +0.89% | +0.61% |
| Bharti Telecom Ltd. | Communication | 0.99% | ₹73.63 Cr | +0.31% | +0.61% | — |
| Bank Of Baroda | Financial | 0.99% | ₹73.44 Cr | — | +1.16% | — |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | 0.97% | ₹72.25 Cr | +0.92% | +0.89% | +0.81% |
| Power Grid Corporation Of India Ltd. | Energy | 0.94% | ₹69.78 Cr | +0.88% | +0.89% | +1.09% |
| National Housing Bank | Financial | 0.87% | ₹64.98 Cr | +0.41% | +0.49% | +0.50% |
| Tata Capital Housing Finance Ltd. | Financial | 0.87% | ₹64.80 Cr | +0.37% | +1.83% | +2.18% |
| Radhakrishna Securitisation Trust | Others | 0.70% | ₹52.43 Cr | +0.67% | +0.66% | +0.60% |
| IndiGrid Infrastructure Trust | Capital Goods | 0.67% | ₹50.06 Cr | +0.63% | +1.54% | +0.78% |
| Canara Bank | Financial | 0.66% | ₹49.42 Cr | — | +2.32% | — |
| Sundaram Home Finance Ltd. | Financial | 0.40% | ₹29.60 Cr | +0.68% | +0.67% | +0.60% |
| Pipeline Infrastructure (India) Pvt. Ltd. | Construction | 0.34% | ₹25.05 Cr | +0.31% | +0.31% | +0.28% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.34% | ₹24.99 Cr | +0.31% | +0.31% | +0.28% |
| Kotak Mahindra Prime Ltd. | Financial | 0.33% | ₹24.96 Cr | +1.36% | +1.35% | +0.28% |
| GOI | Sovereign | 0.33% | ₹24.90 Cr | +0.65% | +0.11% | +0.02% |
| Maharashtra State | Others | 0.32% | ₹23.82 Cr | +0.64% | +0.30% | +0.80% |
| NTPC Ltd. | Energy | 0.32% | ₹23.63 Cr | +0.30% | +0.29% | — |
| Bajaj Finance Ltd. | Financial | 0.28% | ₹20.69 Cr | +0.60% | +0.59% | +0.54% |
| LIC Housing Finance Ltd. | Financial | 0.13% | ₹9.97 Cr | +0.12% | +0.12% | +0.28% |
| Karnataka State | Others | 0.13% | ₹9.84 Cr | +0.13% | +0.24% | +0.02% |
| HDB Financial Services Ltd. | Financial | 0.13% | ₹9.83 Cr | +0.03% | +0.52% | +0.77% |
| Tamilnadu State | Others | 0.07% | ₹5.09 Cr | +0.06% | +0.06% | +0.06% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 0.03% | ₹2.50 Cr | +0.47% | +0.52% | +0.44% |
| Telangana State | Financial | 0.01% | ₹0.60 Cr | +0.01% | +0.01% | — |
| Andhra Pradesh State | Financial | 0.01% | ₹0.44 Cr | +0.01% | +0.06% | +0.01% |
| Axis Bank Ltd. | Financial | 0.00% | ₹0.33 Cr | — | — | — |
| ICICI Bank Ltd. | Financial | 0.00% | ₹0.31 Cr | — | — | — |
| ICICI Securities Primary Dealership Ltd. | Financial | 0.00% | ₹0.31 Cr | — | — | — |
| Hongkong & Shanghai Banking Corpn. Ltd. | Financial | 0.00% | ₹0.22 Cr | — | — | — |
| Barclays Bank | Financial | 0.00% | ₹0.04 Cr | — | — | — |
| DBS Bank India Ltd. | Financial | -0.00% | ₹-0.16 Cr | 0.00% | — | — |
| Nomura Fixed Income Securities Pvt. Ltd. | Financial | -0.00% | ₹-0.17 Cr | 0.00% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 0.00% | 2.61% | +2.61% |
| Tata Capital Ltd. | 0.70% | 2.68% | +1.97% |
| Bank Of Baroda | 0.00% | 0.99% | +0.99% |
| Export-Import Bank Of India | 0.32% | 0.98% | +0.65% |
| Canara Bank | 1.29% | 0.66% | -0.62% |
| Maharashtra State | 0.90% | 0.32% | -0.58% |
| company:6903 | 0.32% | 0.00% | -0.32% |
| Sundaram Home Finance Ltd. | 0.70% | 0.40% | -0.30% |
| Bajaj Finance Ltd. | 0.31% | 0.16% | -0.15% |
| GOI | 0.19% | 0.33% | +0.14% |
| HDB Financial Services Ltd. | 0.03% | 0.13% | +0.10% |
| Nuclear Power Corpn. Of India Ltd. | 2.39% | 2.48% | +0.10% |
| ICICI Securities Ltd. | 1.69% | 1.76% | +0.07% |
| Power Finance Corporation Ltd. | 1.28% | 1.33% | +0.05% |
| Siddhivinayak Securitisation Trust | 2.44% | 2.49% | +0.05% |
| RJ Corp Ltd. | 1.27% | 1.31% | +0.05% |
| Kohima-Mariani Transmission Ltd. | 1.37% | 1.42% | +0.04% |
| Shivshakti Securitisation Trust | 1.69% | 1.73% | +0.04% |
| Bharti Telecom Ltd. | 0.95% | 0.99% | +0.04% |
| Larsen & Toubro Ltd. | 0.97% | 1.01% | +0.04% |
| National Bank For Agriculture & Rural Development | 0.84% | 0.88% | +0.03% |
| India Universal Trust AL1 | 1.10% | 1.12% | +0.03% |
| IndiGrid Infrastructure Trust | 0.65% | 0.67% | +0.03% |
| L&T Metro Rail (Hyderabad) Ltd. | 0.94% | 0.97% | +0.03% |
| REC Ltd. | 0.32% | 0.34% | +0.02% |
| Radhakrishna Securitisation Trust | 0.69% | 0.70% | +0.02% |
| Power Grid Corporation Of India Ltd. | 0.44% | 0.45% | +0.02% |
| Others | 0.35% | 0.36% | +0.02% |
| Pipeline Infrastructure (India) Pvt. Ltd. | 0.32% | 0.34% | +0.01% |
| Kotak Mahindra Prime Ltd. | 0.32% | 0.33% | +0.01% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.32% | 0.34% | +0.01% |
| NTPC Ltd. | 0.31% | 0.32% | +0.01% |
| Indian Railway Finance Corporation Ltd. | 0.20% | 0.21% | +0.01% |
| Tata Capital Housing Finance Ltd. | 0.19% | 0.20% | +0.01% |
| National Housing Bank | 0.21% | 0.21% | +0.01% |
| LIC Housing Finance Ltd. | 0.13% | 0.13% | +0.01% |
| Karnataka State | 0.13% | 0.13% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.12% | 0.13% | 0.00% |
| Hongkong & Shanghai Banking Corpn. Ltd. | 0.01% | 0.00% | 0.00% |
| Tamilnadu State | 0.07% | 0.07% | 0.00% |
| Barclays Bank | 0.00% | 0.00% | 0.00% |
| Nomura Fixed Income Securities Pvt. Ltd. | 0.00% | -0.00% | 0.00% |
| DBS Bank India Ltd. | 0.00% | -0.00% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.06% | 0.07% | 0.00% |
| ICICI Securities Primary Dealership Ltd. | 0.00% | 0.00% | 0.00% |
| ICICI Bank Ltd. | 0.00% | 0.00% | 0.00% |
| Axis Bank Ltd. | 0.00% | 0.00% | 0.00% |
| Mahindra & Mahindra Financial Services Ltd. | 0.03% | 0.03% | 0.00% |
| Telangana State | 0.01% | 0.01% | 0.00% |
| Andhra Pradesh 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 | ₹10,956 Cr | 0.57% | 5.2% | 6.4% | 6.6% |
 ICICI Prudential Corporate Bond Fund | ₹27,506 Cr | 0.60% | 4.6% | 6.3% | 6.8% |
 Bandhan Corporate Bond Fund | ₹13,428 Cr | 0.68% | 4.8% | 6.2% | 6.4% |
 DSP Corporate Bond Fund | ₹2,629 Cr | 0.50% | 5.8% | 6.6% | 6.6% |
 Baroda BNP Paribas Corporate Bond Fund | ₹263 Cr | 0.50% | 5.4% | 6.7% | 6.8% |
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 months2.65% absolute | ₹60,000 | ₹61,590 | 2.65% | |
| 1 year4.21% annualised | ₹1,20,000 | ₹1,22,772 | 2.31% | |
| 3 years6.97% annualised | ₹3,60,000 | ₹4,01,439 | 11.51% | |
| 5 years6.13% annualised | ₹6,00,000 | ₹7,03,612 | 17.27% |
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 ₹18.26 as on 9 Nov 2026.
What is the expense ratio of Axis Corporate Bond Fund?
The expense ratio of Axis Corporate Bond Fund is 0.96% 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 4.4% over 1 year, 6.1% over 3 years and 6.5% 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 ₹3,91,554 Cr under management.