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Top 4 Best Debt Funds by Axis Mutual Fund 2024 | Fincash

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4 Best Debt Funds by Axis Mutual Fund 2024

Updated on November 28, 2024 , 9453 views

Debt fund are known for its attractive returns. These are a type of Mutual Funds that invest in fixed Income securities like Government securities, Treasury bills, Corporate Bonds, etc.

There are various types of debt funds like Liquid Funds, ultra short term funds, short term funds, long term income funds offered by Axis Mutual Fund. These funds invest in different securities with different maturity, thus debt funds are a great option to plan your short to mid Financial goals.

Investors keen to invest in this scheme can choose from the listed top 4 Best Debt Funds by Axis Mutual Fund. These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, average maturity, duration, etc.

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Axis

Why Invest in Axis Mutual Fund?

  • Axis schemes are well-regulated, as SEBI regulates and monitors all investment activities to ensure and safeguard investors’ safety.

  • The fund managers at Axis Mutual Fund have a rich experience in making investment decisions. Their experience will help you grow your Capital over a long term.

  • Debt funds like a liquid fund offered by Axis is highly liquid in nature also it is a low-risk investment option for risk-averse investors. Investors who want to earn regular income over a short-term can invest in this scheme.

Best Axis Debt Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2023 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Axis Credit Risk Fund Growth ₹20.3671
↑ 0.02
₹42424.28.26.378.45%2Y 3M 7D2Y 9M 29D
Axis Strategic Bond Fund Growth ₹26.5748
↑ 0.04
₹1,92324.496.47.38.03%3Y 8M 23D5Y 6M 11D
Axis Liquid Fund Growth ₹2,791.37
↑ 0.57
₹34,3161.83.57.46.37.17.19%1M 29D1M 29D
Axis Dynamic Bond Fund Growth ₹28.1438
↑ 0.07
₹1,5971.84.38.95.66.67.04%8Y 11M 12D21Y 6M
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Nov 24

1. Axis Credit Risk Fund

(Erstwhile Axis Fixed Income Opportunities Fund)

To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns

Axis Credit Risk Fund is a Debt - Credit Risk fund was launched on 15 Jul 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.1% since its launch.  Ranked 4 in Credit Risk category.  Return for 2023 was 7% , 2022 was 4% and 2021 was 6% .

Below is the key information for Axis Credit Risk Fund

Axis Credit Risk Fund
Growth
Launch Date 15 Jul 14
NAV (29 Nov 24) ₹20.3671 ↑ 0.02   (0.11 %)
Net Assets (Cr) ₹424 on 15 Nov 24
Category Debt - Credit Risk
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.58
Sharpe Ratio 2.87
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity 8.45%
Effective Maturity 2 Years 9 Months 29 Days
Modified Duration 2 Years 3 Months 7 Days
Sub Cat. Credit Risk

Growth of 10,000 investment over the years.

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,808
30 Nov 21₹11,483
30 Nov 22₹11,917
30 Nov 23₹12,731
30 Nov 24₹13,781

Axis Credit Risk Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Axis Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 24

DurationReturns
1 Month 0.6%
3 Month 2%
6 Month 4.2%
1 Year 8.2%
3 Year 6.3%
5 Year 6.6%
10 Year
15 Year
Since launch 7.1%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7%
2022 4%
2021 6%
2020 8.2%
2019 4.4%
2018 5.9%
2017 6.4%
2016 9.8%
2015 8.7%
2014
Fund Manager information for Axis Credit Risk Fund
NameSinceTenure
Devang Shah15 Jul 1410.3 Yr.
Akhil Thakker9 Nov 212.98 Yr.

Data below for Axis Credit Risk Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash9.74%
Debt89.88%
Other0.38%
Debt Sector Allocation
SectorValue
Corporate72.94%
Government16.11%
Cash Equivalent9.74%
Securitized0.82%
Credit Quality
RatingValue
A14.66%
AA58.77%
AAA26.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
07.18 Goi 14082033
Sovereign Bonds | -
15%₹63 Cr6,100,000
Godrej Industries Limited
Debentures | -
5%₹20 Cr2,000
Kohima Mariani Transmission Limited
Debentures | -
5%₹20 Cr2,000
Tata Projects Limited
Debentures | -
4%₹19 Cr1,900
↓ -200
Birla Corporation Limited
Debentures | -
4%₹16 Cr230
Nirma Limited
Debentures | -
4%₹15 Cr1,500
Aadhar Housing Finance Ltd. 8.65%
Debentures | -
4%₹15 Cr1,500
Aditya Birla Renewables Limited
Debentures | -
4%₹15 Cr1,500
Infopark Properties Ltd.
Debentures | -
4%₹15 Cr1,500
Shriram Housing Finance Limited
Debentures | -
4%₹15 Cr1,500

2. Axis Strategic Bond Fund

(Erstwhile Axis Income Fund)

To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

Axis Strategic Bond Fund is a Debt - Medium term Bond fund was launched on 28 Mar 12. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2023 was 7.3% , 2022 was 3.8% and 2021 was 5.2% .

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund
Growth
Launch Date 28 Mar 12
NAV (29 Nov 24) ₹26.5748 ↑ 0.04   (0.17 %)
Net Assets (Cr) ₹1,923 on 15 Nov 24
Category Debt - Medium term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.06
Sharpe Ratio 2.41
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity 8.03%
Effective Maturity 5 Years 6 Months 11 Days
Modified Duration 3 Years 8 Months 23 Days
Sub Cat. Medium term Bond

Growth of 10,000 investment over the years.

DateValue
30 Nov 19₹10,000
30 Nov 20₹11,019
30 Nov 21₹11,642
30 Nov 22₹12,057
30 Nov 23₹12,870
30 Nov 24₹14,033

Axis Strategic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125
Invest Now

Returns for Axis Strategic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 4.4%
1 Year 9%
3 Year 6.4%
5 Year 7%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.3%
2022 3.8%
2021 5.2%
2020 10.5%
2019 7.1%
2018 6.7%
2017 7.5%
2016 11.6%
2015 6.8%
2014 15%
Fund Manager information for Axis Strategic Bond Fund
NameSinceTenure
Devang Shah5 Nov 1212 Yr.
Sachin Jain1 Feb 231.75 Yr.
Akhil Thakker1 Feb 231.75 Yr.

Data below for Axis Strategic Bond Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash9.87%
Debt89.87%
Other0.26%
Debt Sector Allocation
SectorValue
Corporate53.91%
Government35.96%
Cash Equivalent9.87%
Credit Quality
RatingValue
A11.06%
AA39.28%
AAA49.66%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.10%Goi 08/04/2034
Sovereign Bonds | -
7%₹139 Cr13,600,000
↑ 12,500,000
7.23% Goi 15/04/2039
Sovereign Bonds | -
7%₹130 Cr12,500,000
↓ -17,000,000
07.18 Goi 14082033
Sovereign Bonds | -
6%₹122 Cr11,900,000
↓ -3,500,000
6.79 Goi 2034
Sovereign Bonds | -
3%₹63 Cr6,231,900
↑ 6,231,900
Nirma Limited
Debentures | -
3%₹61 Cr6,000
07.18 Goi 24072037
Sovereign Bonds | -
3%₹58 Cr5,600,000
DLF Cyber City Developers Ltd. 8.4%
Debentures | -
3%₹55 Cr5,500
Aadhar Housing Finance Ltd. 8.65%
Debentures | -
3%₹55 Cr5,500
Rajasthan (Government of ) 7.52%
- | -
3%₹52 Cr5,000,000
Mahanagar Telephone Nigam Limited
Debentures | -
2%₹49 Cr5,000

3. Axis Liquid Fund

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Axis Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Oct 09. It is a fund with Low risk and has given a CAGR/Annualized return of 7% since its launch.  Ranked 21 in Liquid Fund category.  Return for 2023 was 7.1% , 2022 was 4.9% and 2021 was 3.3% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund
Growth
Launch Date 9 Oct 09
NAV (29 Nov 24) ₹2,791.37 ↑ 0.57   (0.02 %)
Net Assets (Cr) ₹34,316 on 15 Nov 24
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.23
Sharpe Ratio 3.72
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.19%
Effective Maturity 1 Month 29 Days
Modified Duration 1 Month 29 Days
Sub Cat. Liquid Fund

Growth of 10,000 investment over the years.

DateValue
30 Nov 19₹10,000
30 Nov 20₹10,448
30 Nov 21₹10,785
30 Nov 22₹11,280
30 Nov 23₹12,070
30 Nov 24₹12,964

Axis Liquid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for Axis Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.5%
1 Year 7.4%
3 Year 6.3%
5 Year 5.3%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.1%
2022 4.9%
2021 3.3%
2020 4.3%
2019 6.6%
2018 7.5%
2017 6.7%
2016 7.6%
2015 8.4%
2014 9.1%
Fund Manager information for Axis Liquid Fund
NameSinceTenure
Devang Shah5 Nov 1212 Yr.
Aditya Pagaria13 Aug 168.22 Yr.
Sachin Jain3 Jul 231.33 Yr.

Data below for Axis Liquid Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash99.78%
Debt0%
Other0.22%
Debt Sector Allocation
SectorValue
Cash Equivalent67.49%
Corporate30.85%
Government1.43%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 DTB 01112024
Sovereign Bonds | -
5%₹1,715 Cr172,000,000
↑ 35,000,000
91 DTB 21112024
Sovereign Bonds | -
3%₹1,168 Cr117,500,000
↑ 500,000
HDFC Bank Limited
Certificate of Deposit | -
3%₹989 Cr20,000
State Bank Of India
Certificate of Deposit | -
3%₹986 Cr20,000
↑ 20,000
Export-Import Bank Of India
Commercial Paper | -
3%₹966 Cr19,500
Reliance Retail Ventures Limited
Commercial Paper | -
3%₹895 Cr18,000
↑ 1,000
91 DTB 07112024
Sovereign Bonds | -
2%₹862 Cr86,500,000
Reliance Jio Infocomm Limited
Commercial Paper | -
2%₹744 Cr15,000
IDFC First Bank Limited
Certificate of Deposit | -
2%₹744 Cr15,000
Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -
2%₹733 Cr

4. Axis Dynamic Bond Fund

To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

Axis Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 27 Apr 11. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 22 in Dynamic Bond category.  Return for 2023 was 6.6% , 2022 was 2.1% and 2021 was 3.9% .

Below is the key information for Axis Dynamic Bond Fund

Axis Dynamic Bond Fund
Growth
Launch Date 27 Apr 11
NAV (29 Nov 24) ₹28.1438 ↑ 0.07   (0.25 %)
Net Assets (Cr) ₹1,597 on 15 Nov 24
Category Debt - Dynamic Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.57
Sharpe Ratio 1.35
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.04%
Effective Maturity 21 Years 6 Months
Modified Duration 8 Years 11 Months 12 Days
Sub Cat. Dynamic Bond

Growth of 10,000 investment over the years.

DateValue
30 Nov 19₹10,000
30 Nov 20₹11,239
30 Nov 21₹11,702
30 Nov 22₹11,909
30 Nov 23₹12,632
30 Nov 24₹13,756

Axis Dynamic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132
Invest Now

Returns for Axis Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 24

DurationReturns
1 Month 0.5%
3 Month 1.8%
6 Month 4.3%
1 Year 8.9%
3 Year 5.6%
5 Year 6.6%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2023 6.6%
2022 2.1%
2021 3.9%
2020 12.3%
2019 11%
2018 6.2%
2017 3.4%
2016 13.4%
2015 6.7%
2014 14.1%
Fund Manager information for Axis Dynamic Bond Fund
NameSinceTenure
Devang Shah5 Nov 1211.99 Yr.
Hardik Shah5 Apr 240.57 Yr.

Data below for Axis Dynamic Bond Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash3.1%
Debt96.64%
Other0.27%
Debt Sector Allocation
SectorValue
Government85.94%
Corporate10.7%
Cash Equivalent3.1%
Credit Quality
RatingValue
AA1.48%
AAA98.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.34% Govt Stock 2064
Sovereign Bonds | -
26%₹437 Cr41,500,000
07.18 Goi 14082033
Sovereign Bonds | -
21%₹349 Cr34,000,000
7.25% Govt Stock 2063
Sovereign Bonds | -
12%₹203 Cr19,500,000
07.18 Goi 24072037
Sovereign Bonds | -
5%₹93 Cr9,000,000
7.30 Goi 19062053
Sovereign Bonds | -
5%₹84 Cr8,000,000
State Bank Of India
Debentures | -
3%₹55 Cr570
7.26% Govt Stock 2033
Sovereign Bonds | -
3%₹51 Cr5,000,000
Power Grid Corporation Of India Limited
Debentures | -
3%₹45 Cr5,000
07.09 Goi 05082054
Sovereign Bonds | -
2%₹31 Cr3,000,000
↓ -2,000,000
HDFC Bank Limited
Debentures | -
2%₹30 Cr30

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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