The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized.

	DATE OF ALLOTMENT	13th July 2017
	MONTHLY AVERAGE	4,783.32Cr.
	AS ON 30th June, 2023	4,813.83Cr.
	BENCHMARK	NIFTY Corporate Bond Index B-III
	Residual Maturity*	3.54 years
	Modified Duration*	2.52 years
	Macaulay Duration*	2.69 years
	Annualised Portfolio YTM*	7.58%
	*in case of semi annual YTM, it will be annualised
* As per AMFI Best Practice Guidelines Circular No. 88/2020-21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio
	FUND MANAGER
	Mr. Devang Shah Work experience: 18 years. He has been managing this fund since 13th July 2017
	Mr. Hardik Shah Work experience: 14 years. He has been managing this fund since 31st January 2022

 

Past performance may or may not be sustained in future. Different plans have different expense structure. Devang Shah is managing the scheme since 13th July 2017 and he manages 14 schemes of Axis Mutual Fund & Hardik Shah is managing the scheme since 31st January 2022 and he manages 10 schemes of Axis Mutual Fund. Please refer to annexure for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹10.