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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 April 9, 2024 , 9209 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 ₹19.3553
↑ 0.01
₹47223.975.878.61%1Y 10M 6D2Y 4M 13D
Axis Strategic Bond Fund Growth ₹25.1888
↑ 0.03
₹1,9772.24.67.55.97.38.19%3Y 9M 18D5Y 4M 20D
Axis Liquid Fund Growth ₹2,671.65
↑ 0.49
₹33,8411.93.77.35.57.17.45%1M 6D1M 6D
Axis Dynamic Bond Fund Growth ₹26.7418
↑ 0.02
₹1,7262.54.57.24.96.67.58%4Y 7M 13D6Y 1M 20D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 10 Apr 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% 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 (10 Apr 24) ₹19.3553 ↑ 0.01   (0.07 %)
Net Assets (Cr) ₹472 on 29 Feb 24
Category Debt - Credit Risk
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.67
Sharpe Ratio 0.55
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 8.61%
Effective Maturity 2 Years 4 Months 13 Days
Modified Duration 1 Year 10 Months 6 Days
Sub Cat. Credit Risk

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,427
31 Mar 21₹11,199
31 Mar 22₹11,837
31 Mar 23₹12,383
31 Mar 24₹13,287

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 ₹197,169.
Net Profit of ₹17,169
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 10 Apr 24

DurationReturns
1 Month 0.7%
3 Month 2%
6 Month 3.9%
1 Year 7%
3 Year 5.8%
5 Year 5.8%
10 Year
15 Year
Since launch 7%
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 149.72 Yr.
Akhil Thakker9 Nov 212.39 Yr.

Data below for Axis Credit Risk Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash5.75%
Debt93.92%
Other0.34%
Debt Sector Allocation
SectorValue
Corporate77.83%
Government15.68%
Cash Equivalent5.75%
Securitized0.41%
Credit Quality
RatingValue
A7.45%
AA52.71%
AAA39.83%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
11%₹51 Cr5,050,000
Motherson Sumi Systems Limited
Debentures | -
6%₹30 Cr3,000
Tata Projects Limited
Debentures | -
5%₹24 Cr2,400
Godrej Housing Finance Limited
Debentures | -
5%₹23 Cr235
Birla Corporation Limited
Debentures | -
5%₹23 Cr230
7.18% Govt Stock 2033
Sovereign Bonds | -
4%₹20 Cr2,000,000
↑ 1,000,000
Godrej Industries Limited
Debentures | -
4%₹20 Cr2,000
Nexus Select Trust
Debentures | -
4%₹20 Cr2,000
Sundew Properties Limited
Debentures | -
4%₹20 Cr200
Sepset Constructions Limited
Debentures | -
4%₹18 Cr210

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 (10 Apr 24) ₹25.1888 ↑ 0.03   (0.12 %)
Net Assets (Cr) ₹1,977 on 29 Feb 24
Category Debt - Medium term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.08
Sharpe Ratio 0.95
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 8.19%
Effective Maturity 5 Years 4 Months 20 Days
Modified Duration 3 Years 9 Months 18 Days
Sub Cat. Medium term Bond

Growth of 10,000 investment over the years.

DateValue

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 ₹200,132.
Net Profit of ₹20,132
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 10 Apr 24

DurationReturns
1 Month 0.6%
3 Month 2.2%
6 Month 4.6%
1 Year 7.5%
3 Year 5.9%
5 Year 6.7%
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 1211.41 Yr.
Sachin Jain1 Feb 231.16 Yr.
Akhil Thakker1 Feb 231.16 Yr.

Data below for Axis Strategic Bond Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash5.35%
Debt94.4%
Other0.25%
Debt Sector Allocation
SectorValue
Corporate59.13%
Government35.19%
Cash Equivalent4.09%
Securitized1.33%
Credit Quality
RatingValue
A4.66%
AA33.67%
AAA61.66%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
15%₹291 Cr29,000,000
7.26% Govt Stock 2033
Sovereign Bonds | -
11%₹211 Cr20,879,400
Small Industries Development Bank Of India
Debentures | -
4%₹76 Cr7,500
Nirma Limited
Debentures | -
3%₹60 Cr6,000
Aadhar Housing Finance Ltd. 8.65%
Debentures | -
3%₹55 Cr5,500
DLF Cyber City Developers Limited 8.4%
Debentures | -
3%₹55 Cr5,500
7.18% Govt Stock 2033
Sovereign Bonds | -
3%₹53 Cr5,300,000
↓ -500,000
Tata Projects Limited
Debentures | -
3%₹51 Cr5,100
Mahanagar Telephone Nigam Limited
Debentures | -
3%₹51 Cr5,000
REC Ltd. 7.64%
Debentures | -
3%₹50 Cr5,000
↑ 5,000

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 (11 Apr 24) ₹2,671.65 ↑ 0.49   (0.02 %)
Net Assets (Cr) ₹33,841 on 29 Feb 24
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.22
Sharpe Ratio 1.59
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.45%
Effective Maturity 1 Month 6 Days
Modified Duration 1 Month 6 Days
Sub Cat. Liquid Fund

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹10,625
31 Mar 21₹11,005
31 Mar 22₹11,379
31 Mar 23₹12,029
31 Mar 24₹12,901

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 10 Apr 24

DurationReturns
1 Month 0.7%
3 Month 1.9%
6 Month 3.7%
1 Year 7.3%
3 Year 5.5%
5 Year 5.2%
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 1211.41 Yr.
Aditya Pagaria13 Aug 167.64 Yr.
Sachin Jain3 Jul 230.75 Yr.

Data below for Axis Liquid Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash99.78%
Other0.22%
Debt Sector Allocation
SectorValue
Cash Equivalent78.14%
Corporate18.09%
Government3.55%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -
6%₹2,023 Cr
Union Bank Of India
Certificate of Deposit | -
4%₹1,208 Cr24,500
182 DTB 16052024
Sovereign Bonds | -
3%₹1,186 Cr120,000,000
↑ 45,000,000
Small Industries Development Bank of India
Commercial Paper | -
3%₹1,013 Cr20,500
Indian Bank
Domestic Bonds | -
3%₹982 Cr20,000
↑ 20,000
Reliance Retail Ventures Limited
Commercial Paper | -
2%₹849 Cr17,000
Canara Bank
Domestic Bonds | -
2%₹787 Cr16,000
Punjab National Bank
Domestic Bonds | -
2%₹785 Cr16,000
↑ 16,000
Small Industries Development Bank Of India
Certificate of Deposit | -
2%₹762 Cr15,500
↑ 15,500
91 DTB 11042024
Sovereign Bonds | -
2%₹746 Cr75,000,000

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 (10 Apr 24) ₹26.7418 ↑ 0.02   (0.08 %)
Net Assets (Cr) ₹1,726 on 29 Feb 24
Category Debt - Dynamic Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.66
Sharpe Ratio 0.54
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.58%
Effective Maturity 6 Years 1 Month 20 Days
Modified Duration 4 Years 7 Months 13 Days
Sub Cat. Dynamic Bond

Growth of 10,000 investment over the years.

DateValue
31 Mar 19₹10,000
31 Mar 20₹11,268
31 Mar 21₹12,131
31 Mar 22₹12,700
31 Mar 23₹13,119
31 Mar 24₹14,127

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 ₹203,125.
Net Profit of ₹23,125
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 10 Apr 24

DurationReturns
1 Month 0.8%
3 Month 2.5%
6 Month 4.5%
1 Year 7.2%
3 Year 4.9%
5 Year 7.2%
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
R Sivakumar27 Apr 1112.94 Yr.
Devang Shah5 Nov 1211.41 Yr.

Data below for Axis Dynamic Bond Fund as on 29 Feb 24

Asset Allocation
Asset ClassValue
Cash3.13%
Debt96.62%
Other0.25%
Debt Sector Allocation
SectorValue
Government77.98%
Corporate18.64%
Cash Equivalent3.13%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
08.08 Tn SDL 2028
Sovereign Bonds | -
8%₹134 Cr13,000,000
State Bank Of India
Debentures | -
5%₹79 Cr820
06.87 MH Sdl 2030
Sovereign Bonds | -
3%₹59 Cr6,000,000
National Highways Authority Of India
Debentures | -
3%₹56 Cr550
Indian Railway Finance Corporation Limited
Debentures | -
3%₹52 Cr500
Power Grid Corporation Of India Limited
Debentures | -
3%₹47 Cr5,000
08.20 HR Sdl 2028
Sovereign Bonds | -
3%₹46 Cr4,500,000
7.26% Govt Stock 2032
Sovereign Bonds | -
3%₹45 Cr4,500,000
Nhpc Limited
Debentures | -
3%₹45 Cr2,250
Food Corporation Of India
Debentures | -
3%₹44 Cr440

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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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