fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
Top 4 Best Debt Funds by Axis Mutual Fund 2023 | Fincash

Fincash » Axis Mutual Fund » Debt Funds

4 Best Debt Funds by Axis Mutual Fund 2023

Updated on September 18, 2023 , 8989 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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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 (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Axis Credit Risk Fund Growth ₹18.5058
↑ 0.00
₹5291.33.66.4648.44%1Y 8M 16D2Y 22D
Axis Liquid Fund Growth ₹2,551.37
↑ 0.48
₹27,0021.73.56.74.64.96.99%2M 2D2M 2D
Axis Strategic Bond Fund Growth ₹23.9994
↑ 0.00
₹1,9590.946.55.93.88%3Y 7D4Y 29D
Axis Dynamic Bond Fund Growth ₹25.4865
↓ 0.00
₹1,8380.43.96.14.72.17.43%4Y 11M 12D6Y 8M 5D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

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 2022 was 4% , 2021 was 6% and 2020 was 8.2% .

Below is the key information for Axis Credit Risk Fund

Axis Credit Risk Fund
Growth
Launch Date 15 Jul 14
NAV (22 Aug 23) ₹18.5058 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹529 on 31 Jul 23
Category Debt - Credit Risk
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.67
Sharpe Ratio 0.21
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 8.44%
Effective Maturity 2 Years 22 Days
Modified Duration 1 Year 8 Months 16 Days
Sub Cat. Credit Risk

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,404
31 Aug 20₹11,210
31 Aug 21₹12,094
31 Aug 22₹12,537
31 Aug 23₹13,353

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 22 Aug 23

DurationReturns
1 Month 0.4%
3 Month 1.3%
6 Month 3.6%
1 Year 6.4%
3 Year 6%
5 Year 5.9%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4%
2021 6%
2020 8.2%
2019 4.4%
2018 5.9%
2017 6.4%
2016 9.8%
2015 8.7%
2014
2013
Fund Manager information for Axis Credit Risk Fund
NameSinceTenure
Devang Shah15 Jul 149.14 Yr.
Akhil Thakker9 Nov 211.81 Yr.

Data below for Axis Credit Risk Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash11.04%
Debt88.96%
Debt Sector Allocation
SectorValue
Corporate74.27%
Government11.7%
Cash Equivalent11.04%
Securitized2.99%
Credit Quality
RatingValue
A7.37%
AA48.27%
AAA44.36%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Motherson Sumi Systems Limited
Debentures | -
6%₹30 Cr3,000
Godrej Industries Limited
Debentures | -
5%₹25 Cr2,500
Godrej Housing Finance Limited
Debentures | -
5%₹25 Cr250
Birla Corporation Limited
Debentures | -
4%₹23 Cr230
7.26% Govt Stock 2033
Sovereign Bonds | -
4%₹21 Cr2,050,000
↑ 1,900,000
Nexus Select Trust
Debentures | -
4%₹20 Cr2,000
Sundew Properties Limited
Debentures | -
4%₹20 Cr200
Dlf Cyber City Developers Ltd
Debentures | -
4%₹20 Cr200
Sepset Constructions Limited
Debentures | -
4%₹18 Cr210
FIRST BUSINESS RECEIVABLES TRUST
Unlisted bonds | -
3%₹16 Cr17

2. 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 2022 was 4.9% , 2021 was 3.3% and 2020 was 4.3% .

Below is the key information for Axis Liquid Fund

Axis Liquid Fund
Growth
Launch Date 9 Oct 09
NAV (22 Aug 23) ₹2,551.37 ↑ 0.48   (0.02 %)
Net Assets (Cr) ₹27,002 on 31 Jul 23
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0.22
Sharpe Ratio 1.21
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 6.99%
Effective Maturity 2 Months 2 Days
Modified Duration 2 Months 2 Days
Sub Cat. Liquid Fund

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,735
31 Aug 20₹11,280
31 Aug 21₹11,644
31 Aug 22₹12,098
31 Aug 23₹12,916

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 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.5%
1 Year 6.7%
3 Year 4.6%
5 Year 5.3%
10 Year
15 Year
Since launch 7%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 9.2%
Fund Manager information for Axis Liquid Fund
NameSinceTenure
Devang Shah5 Nov 1210.83 Yr.
Aditya Pagaria13 Aug 167.05 Yr.
Sachin Jain3 Jul 230.16 Yr.

Data below for Axis Liquid Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash100%
Debt0%
Debt Sector Allocation
SectorValue
Cash Equivalent78.57%
Corporate13.53%
Government7.9%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Limited
CBLO/Reverse Repo | -
4%₹1,099 Cr
91 DTB 14092023
Sovereign Bonds | -
4%₹998 Cr100,000,000
Reliance Retail Ventures Limited
Commercial Paper | -
3%₹836 Cr17,000
↑ 17,000
91 DTB 07092023
Sovereign Bonds | -
3%₹799 Cr80,000,000
↓ -50,000,000
Small Industries Development Bank Of India
Commercial Paper | -
3%₹738 Cr15,000
↑ 15,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹737 Cr15,000
↑ 15,000
National Bank For Agriculture And Rural Development
Commercial Paper | -
3%₹699 Cr14,000
Small Industries Development Bank Of India
Commercial Paper | -
3%₹697 Cr14,000
Reliance Retail Ventures Limited
Commercial Paper | -
3%₹697 Cr14,000
91 DTB 09112023
Sovereign Bonds | -
2%₹588 Cr59,500,000

3. 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 2022 was 3.8% , 2021 was 5.2% and 2020 was 10.5% .

Below is the key information for Axis Strategic Bond Fund

Axis Strategic Bond Fund
Growth
Launch Date 28 Mar 12
NAV (22 Aug 23) ₹23.9994 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹1,959 on 31 Jul 23
Category Debt - Medium term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.08
Sharpe Ratio 0.31
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%
Effective Maturity 4 Years 29 Days
Modified Duration 3 Years 7 Days
Sub Cat. Medium term Bond

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,721
31 Aug 20₹11,712
31 Aug 21₹12,620
31 Aug 22₹13,089
31 Aug 23₹13,954

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 22 Aug 23

DurationReturns
1 Month 0.1%
3 Month 0.9%
6 Month 4%
1 Year 6.5%
3 Year 5.9%
5 Year 6.8%
10 Year
15 Year
Since launch 8%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 4.7%
Fund Manager information for Axis Strategic Bond Fund
NameSinceTenure
Devang Shah5 Nov 1210.83 Yr.
Sachin Jain1 Feb 230.58 Yr.
Akhil Thakker1 Feb 230.58 Yr.

Data below for Axis Strategic Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash6.71%
Debt93.29%
Debt Sector Allocation
SectorValue
Corporate49.5%
Government43.77%
Cash Equivalent5.44%
Securitized1.29%
Credit Quality
RatingValue
A4.39%
AA24.63%
AAA70.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
17%₹343 Cr34,079,400
↑ 8,000,000
07.18 Goi 2033
Sovereign Bonds | -
6%₹120 Cr12,000,000
↑ 4,500,000
7.06% Govt Stock 2028
Sovereign Bonds | -
4%₹80 Cr8,000,000
↑ 3,500,000
Magma Housing Finance Limited
Debentures | -
3%₹58 Cr5,750
8.51% Govt Stock 2033
Sovereign Bonds | -
3%₹56 Cr5,500,000
↑ 2,500,000
Rural Electrification Corporation Limited
Debentures | -
3%₹50 Cr5,000
↓ -2,500
National Bank For Agriculture And Rural Development
Debentures | -
2%₹45 Cr450
↓ -250
Century Textiles And Industried Limited
Debentures | -
2%₹45 Cr4,500
JM Financial Credit Solutions Limited
Debentures | -
2%₹43 Cr428
Motherson Sumi Systems Limited
Debentures | -
2%₹40 Cr4,000

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 2022 was 2.1% , 2021 was 3.9% and 2020 was 12.3% .

Below is the key information for Axis Dynamic Bond Fund

Axis Dynamic Bond Fund
Growth
Launch Date 27 Apr 11
NAV (22 Aug 23) ₹25.4865 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹1,838 on 31 Jul 23
Category Debt - Dynamic Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.66
Sharpe Ratio 0.4
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.43%
Effective Maturity 6 Years 8 Months 5 Days
Modified Duration 4 Years 11 Months 12 Days
Sub Cat. Dynamic Bond

Growth of 10,000 investment over the years.

DateValue
31 Aug 18₹10,000
31 Aug 19₹11,241
31 Aug 20₹12,534
31 Aug 21₹13,208
31 Aug 22₹13,532
31 Aug 23₹14,374

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 22 Aug 23

DurationReturns
1 Month -0.1%
3 Month 0.4%
6 Month 3.9%
1 Year 6.1%
3 Year 4.7%
5 Year 7.4%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2013 4.9%
Fund Manager information for Axis Dynamic Bond Fund
NameSinceTenure
R Sivakumar27 Apr 1112.36 Yr.
Devang Shah5 Nov 1210.83 Yr.

Data below for Axis Dynamic Bond Fund as on 31 Jul 23

Asset Allocation
Asset ClassValue
Cash3.72%
Debt96.28%
Debt Sector Allocation
SectorValue
Government75.56%
Corporate20.71%
Cash Equivalent3.72%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
08.08 Tn SDL 2028
Sovereign Bonds | -
7%₹134 Cr13,000,000
7.1% Govt Stock 2029
Sovereign Bonds | -
5%₹93 Cr9,300,000
↓ -500,000
State Bank Of India
Debentures | -
4%₹79 Cr820
7.26% Govt Stock 2032
Sovereign Bonds | -
4%₹70 Cr7,000,000
HDFC Bank Limited
Debentures | -
4%₹65 Cr630
06.87 MH Sdl 2030
Sovereign Bonds | -
3%₹58 Cr6,000,000
National Highways Authority Of India
Debentures | -
3%₹55 Cr550
Food Corporation Of India
Debentures | -
3%₹54 Cr540
Indian Railway Finance Corporation Limited
Debentures | -
3%₹52 Cr500
08.20 HR Sdl 2028
Sovereign Bonds | -
3%₹46 Cr4,500,000

How to Invest in Axis Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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.
How helpful was this page ?
Rated 4.7, based on 12 reviews.
POST A COMMENT