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Top 4 Best Debt Funds by Axis Mutual Fund 2023 | Fincash

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4 Best Debt Funds by Axis Mutual Fund 2023

Updated on March 22, 2023 , 8606 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 (%)2022 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
Axis Credit Risk Fund Growth ₹17.9771
↑ 0.01
₹6211.73.34.66.648.69%1Y 7M 10D1Y 11M 12D
Axis Liquid Fund Growth ₹2,479.89
↑ 0.33
₹27,2261.73.35.64.34.97.23%1M 7D1M 8D
Axis Strategic Bond Fund Growth ₹23.285
↑ 0.02
₹1,6441.73.44.66.93.88.38%2Y 11M 1D3Y 11M 8D
Axis Short Term Fund Growth ₹25.9506
↑ 0.01
₹7,0961.53.14.36.43.77.87%2Y 4M 28D3Y 25D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Mar 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 (24 Mar 23) ₹17.9771 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹621 on 28 Feb 23
Category Debt - Credit Risk
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.66
Sharpe Ratio -0.99
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 8.69%
Effective Maturity 1 Year 11 Months 12 Days
Modified Duration 1 Year 7 Months 10 Days
Sub Cat. Credit Risk

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,647
29 Feb 20₹11,213
28 Feb 21₹11,971
28 Feb 22₹12,701
28 Feb 23₹13,235

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 24 Mar 23

DurationReturns
1 Month 0.7%
3 Month 1.7%
6 Month 3.3%
1 Year 4.6%
3 Year 6.6%
5 Year 5.7%
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 148.56 Yr.
Akhil Thakker9 Nov 211.23 Yr.

Data below for Axis Credit Risk Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash18.06%
Debt81.94%
Debt Sector Allocation
SectorValue
Corporate68.77%
Cash Equivalent16.94%
Government11.9%
Securitized2.39%
Credit Quality
RatingValue
A10.02%
AA42.4%
AAA47.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
6%₹35 Cr3,500,000
↑ 1,000,000
Motherson Sumi Systems Limited
Debentures | -
5%₹30 Cr3,000
Godrej Housing Finance Limited
Debentures | -
4%₹25 Cr250
Birla Corporation Limited
Debentures | -
4%₹23 Cr230
7.26 2/6/2033 12:00:00 Am
Sovereign Bonds | -
3%₹20 Cr2,000,000
↑ 2,000,000
Small Industries Development Bank Of India
Debentures | -
3%₹20 Cr200
Sundew Properties Limited
Debentures | -
3%₹19 Cr200
Dlf Cyber City Developers Ltd
Debentures | -
3%₹19 Cr200
Sepset Constructions Limited
Debentures | -
3%₹19 Cr210
Indinfravit TRust
Debentures | -
3%₹16 Cr170

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 (24 Mar 23) ₹2,479.89 ↑ 0.33   (0.01 %)
Net Assets (Cr) ₹27,226 on 28 Feb 23
Category Debt - Liquid Fund
AMC Axis Asset Management Company Limited
Rating
Risk Low
Expense Ratio 0
Sharpe Ratio -0.93
Information Ratio 0
Alpha Ratio 0
Min Investment 500
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.23%
Effective Maturity 1 Month 8 Days
Modified Duration 1 Month 7 Days
Sub Cat. Liquid Fund

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,754
29 Feb 20₹11,434
28 Feb 21₹11,881
28 Feb 22₹12,280
28 Feb 23₹12,937

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 24 Mar 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.3%
1 Year 5.6%
3 Year 4.3%
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 1210.25 Yr.
Aditya Pagaria13 Aug 166.47 Yr.

Data below for Axis Liquid Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash100%
Debt Sector Allocation
SectorValue
Cash Equivalent84.94%
Corporate8.19%
Government4.6%
Securitized0.65%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -
22%₹6,772 Cr
Punjab National Bank
Certificate of Deposit | -
2%₹748 Cr15,000
TATA Steel Limited
Commercial Paper | -
2%₹747 Cr15,000
Aditya Birla Finance Limited
Commercial Paper | -
2%₹746 Cr15,000
182 DTB 28042023
Sovereign Bonds | -
2%₹740 Cr75,000,000
↑ 75,000,000
Hindustan Zinc Limited
Commercial Paper | -
2%₹596 Cr12,000
↑ 12,000
91 DTB 16032023
Sovereign Bonds | -
2%₹572 Cr57,500,000
↓ -40,000,000
HDFC Bank Limited
Certificate of Deposit | -
2%₹544 Cr11,000
Reliance Industries Limited
CBLO/Reverse Repo | -
2%₹500 Cr
National Bank For Agriculture And Rural Development
Commercial Paper | -
2%₹499 Cr10,000

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 (24 Mar 23) ₹23.285 ↑ 0.02   (0.08 %)
Net Assets (Cr) ₹1,644 on 28 Feb 23
Category Debt - Medium term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 1.07
Sharpe Ratio -0.97
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 8.38%
Effective Maturity 3 Years 11 Months 8 Days
Modified Duration 2 Years 11 Months 1 Day
Sub Cat. Medium term Bond

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,702
29 Feb 20₹11,635
28 Feb 21₹12,525
28 Feb 22₹13,279
28 Feb 23₹13,798

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 24 Mar 23

DurationReturns
1 Month 0.9%
3 Month 1.7%
6 Month 3.4%
1 Year 4.6%
3 Year 6.9%
5 Year 6.7%
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 1210.25 Yr.
Sachin Jain1 Feb 230 Yr.
Kaustubh Sule9 Nov 211.23 Yr.
Akhil Thakker1 Feb 230 Yr.

Data below for Axis Strategic Bond Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash7.74%
Debt92.26%
Debt Sector Allocation
SectorValue
Corporate48.05%
Government44.25%
Cash Equivalent6.21%
Securitized1.48%
Credit Quality
RatingValue
A8.17%
AA27.95%
AAA63.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
25%₹401 Cr40,000,000
↑ 7,500,000
7.26 2/6/2033 12:00:00 Am
Sovereign Bonds | -
11%₹187 Cr18,779,400
↑ 18,779,400
JM Financial Credit Solutions Limited
Debentures | -
3%₹43 Cr428
Motherson Sumi Systems Limited
Debentures | -
2%₹40 Cr4,000
Pune Solapur Expressways Pvt. Ltd
Debentures | -
2%₹37 Cr400
Bharti Telecom Limited
Debentures | -
2%₹35 Cr350
Avanse Financial Services Limited
Debentures | -
2%₹33 Cr330
7.1 4/18/2029 12:00:00 Am
Sovereign Bonds | -
2%₹32 Cr3,200,000
↑ 500,000
Dlf Cyber City Developers Ltd
Debentures | -
2%₹29 Cr300
Muthoot Finance Limited
Debentures | -
2%₹25 Cr250

4. Axis Short Term Fund

To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

Axis Short Term Fund is a Debt - Short term Bond fund was launched on 22 Jan 10. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.5% since its launch.  Ranked 26 in Short term Bond category.  Return for 2022 was 3.7% , 2021 was 3.5% and 2020 was 10.1% .

Below is the key information for Axis Short Term Fund

Axis Short Term Fund
Growth
Launch Date 22 Jan 10
NAV (24 Mar 23) ₹25.9506 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹7,096 on 28 Feb 23
Category Debt - Short term Bond
AMC Axis Asset Management Company Limited
Rating
Risk Moderately Low
Expense Ratio 0
Sharpe Ratio -1.46
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 7.87%
Effective Maturity 3 Years 25 Days
Modified Duration 2 Years 4 Months 28 Days
Sub Cat. Short term Bond

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,701
29 Feb 20₹11,815
28 Feb 21₹12,756
28 Feb 22₹13,315
28 Feb 23₹13,823

Axis Short Term 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 Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23

DurationReturns
1 Month 0.7%
3 Month 1.5%
6 Month 3.1%
1 Year 4.3%
3 Year 6.4%
5 Year 6.7%
10 Year
15 Year
Since launch 7.5%
Historical performance (Yearly) on absolute basis
YearReturns
2022 3.7%
2021 3.5%
2020 10.1%
2019 9.8%
2018 6.3%
2017 5.9%
2016 9.6%
2015 8.1%
2014 10%
2013 7.3%
Fund Manager information for Axis Short Term Fund
NameSinceTenure
Devang Shah5 Nov 1210.25 Yr.

Data below for Axis Short Term Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash7.38%
Debt92.62%
Debt Sector Allocation
SectorValue
Corporate59.97%
Government34.44%
Cash Equivalent3.92%
Securitized1.67%
Credit Quality
RatingValue
AA17.02%
AAA82.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
8%₹573 Cr57,134,600
↓ -1,000,000
Housing Development Finance Corporation Limited
Debentures | -
5%₹343 Cr3,450
↓ -50
Mahindra Rural Housing Finance Limited
Debentures | -
3%₹245 Cr2,500
Power Finance Corporation Ltd.
Debentures | -
3%₹224 Cr2,250
↑ 500
Hero Fincorp Limited
Debentures | -
3%₹200 Cr2,000
Bharti Telecom Limited
Debentures | -
3%₹200 Cr2,000
State Bank Of India
Debentures | -
3%₹199 Cr2,100
Small Industries Development Bank Of India
Debentures | -
2%₹174 Cr1,750
Hero Fincorp Limited
Debentures | -
2%₹150 Cr1,500
Small Industries Development Bank Of India
Debentures | -
2%₹145 Cr1,450
↑ 750

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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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