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Corporate Bond · Debt

Axis Corporate Bond Fund

Axis Asset Management Co. Ltd.
Benchmark
NIFTY Corporate Bond Index A-II
Riskometer
Moderate
Size
₹7,444 cr
Allotted
13 Jul 2017
Holdings as of
30 Sep 2026

Axis Corporate Bond Fund is a corporate bond fund of Axis Asset Management Co. Ltd. with ₹7,444 cr under management. It is ahead of its benchmark (NIFTY Corporate Bond Index A-II) in 3 of 3 periods. Its direct plan charges 0.36% a year. Devang Shah has managed it for 9.3 years.

Has Axis Corporate Bond Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Corporate Bond Index A-II, in 3 of 3 periods in AMFI's figures; +4.74% over the last year against +3.30%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−0.14% −3.60% —
3 months+0.43% −5.03% —
6 months+2.33% −1.83% —
1 year+4.63% −4.06% +8.69 pts
3 years+7.57% +9.27% −1.70 pts
5 years+6.70% +8.00% −1.30 pts
10 years— +12.69% —
Since start
from 18 Jul 2017
+7.38%——
Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (NIFTY Corporate Bond Index A-II) in 3 of 3 periods.
PeriodDirectRegularBenchmarkAheadRank
1y +4.74%+4.12%+3.30% +1.44 🔒
3y +7.59%+6.96%+6.27% +1.32 🔒
5y +6.71%+6.04%+5.61% +1.10 🔒
10y ——— — —
Ahead in points a year · its rank among Corporate Bond funds, and how steady the lead is, in the app

Value of 100, month-end

Jul 2017 to 14 Oct 2026
50100150200250300 2019202120232025
Fund 192Nifty 500 TRI 276

₹100 put in at the start of Jul 2017 would be ₹192 on 14 Oct 2026, against ₹276 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

What does Axis Corporate Bond Fund cost?

0.36% a year on the direct plan, 0.97% on the regular plan; 11 of 21 funds in its category charge less.

Direct plan
0.36% a year
Category median 0.34%
Regular plan
0.97% a year
Category median 0.68%
Gap
0.61 points
for the same holdings
11 of 21 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Income/Debt Oriented Schemes - Corporate Bond Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Axis Corporate Bond Fund?

Devang Shah, since 13 Jul 2017; Hardik Shah, since 13 Jul 2017.

Devang Shah
9.3 years
since 13 Jul 2017
Hardik Shah
9.3 years
since 13 Jul 2017
Benchmark as filedNIFTY Corporate Bond Index A-II
Exit load
Nil
From 5 Scheme Summary Documents filed with NSE, first on 17 May 2026; as on 5 Oct 2026

What does Axis Corporate Bond Fund hold?

117 holdings as of 30 Sep 2026; the ten largest are 25.8% of the fund, the largest 6.85% National Bank For Agriculture and Rural Development (19/01/2029) at 3.6%.

Mix

Holdings as of 30 Sep 2026
Equity75.4%Debt12.8%Cash11.4%Other0.4%
Holdings
117
102 shares
Top ten
25.8%
of the fund
Effective holdings
49.6
spread, as if equal-weighted
Matched to our table
0%
of the equity

Five largest

% of fund
6.85% National Bank For Agriculture and Rural Development (19/01/2029)3.61%
Tata Capital Limited (21/02/2029) (FRN) **2.68%
7.66% Bajaj Housing Finance Limited (20/03/2028) **2.67%
7.7% Nuclear Power Corporation Of India Limited (21/03/2038) **2.48%
7.83% Small Industries Dev Bank of India (24/11/2028) **2.48%

Five largest industries

% of fund
CRISIL AAA75.5%
ICRA AAA12.5%
Sovereign8.00%
IND AAA1.90%
CRISIL AAA(CE)1.30%

How does Axis Corporate Bond Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Axis Corporate Bond Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker
Nearest to the Nifty 50: 100% of it differs from the index (an active fund is usually above 60%).
Active share 100.0%60%

Funds that hold much the same

% of holdings in common
Axis Short Term Fund31.1% the same
36 shared holdings
Axis Banking and PSU Debt Fund27.8% the same
38 shared holdings
HSBC Short Term Fund23.5% the same
17 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Axis Corporate Bond Fund?

Devang Shah (manager) since 13 Jul 2017; Hardik Shah (manager) since 13 Jul 2017.

What is the expense ratio of Axis Corporate Bond Fund?

0.36% a year on the direct plan and 0.97% on the regular plan (expense report, Oct 2026).

How has Axis Corporate Bond Fund done?

Its direct plan returned +7.59% a year over 3 years against +6.27% for its benchmark, NIFTY Corporate Bond Index A-II, as of 13 Oct 2026.

Inside the app

See Axis Corporate Bond Fund beside your own funds in Valarth

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Axis Corporate Bond Fund in the app: beside your own funds, with what you own through them

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