Debt funds 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.
Talk to our investment specialist

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.
Fund Selection Methodology used to find 4 funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2025 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Axis Credit Risk Fund Growth ₹23.3884
↑ 0.00 ₹378 0.6 3.2 6.3 7.8 8.7 8.83% 1Y 11M 12D 2Y 2M 12D Axis Liquid Fund Growth ₹3,152.27
↑ 0.45 ₹53,470 1.5 3.1 6.4 6.9 6.6 6.37% 1M 19D 1M 19D Axis Strategic Bond Fund Growth ₹29.9953
↓ 0.00 ₹1,972 -0.1 2.3 4.6 7.4 8.2 8.72% 3Y 29D 4Y 6M Axis Dynamic Bond Fund Growth ₹31.3834
↓ 0.00 ₹969 -0.4 2.3 4.3 7 7.1 6.8% 2Y 9M 14D 5Y 1M 10D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 28 Oct 26 Research Highlights & Commentary of 4 Funds showcased
Commentary Axis Credit Risk Fund Axis Liquid Fund Axis Strategic Bond Fund Axis Dynamic Bond Fund Point 1 Bottom quartile AUM (₹378 Cr). Highest AUM (₹53,470 Cr). Upper mid AUM (₹1,972 Cr). Lower mid AUM (₹969 Cr). Point 2 Established history (12+ yrs). Oldest track record among peers (17 yrs). Established history (14+ yrs). Established history (15+ yrs). Point 3 Top rated. Rating: 4★ (upper mid). Rating: 4★ (lower mid). Rating: 3★ (bottom quartile). Point 4 Risk profile: Moderate. Risk profile: Low. Risk profile: Moderate. Risk profile: Moderate. Point 5 1Y return: 6.30% (upper mid). 1Y return: 6.42% (top quartile). 1Y return: 4.63% (lower mid). 1Y return: 4.26% (bottom quartile). Point 6 1M return: -0.03% (upper mid). 1M return: 0.44% (top quartile). 1M return: -0.24% (lower mid). 1M return: -0.34% (bottom quartile). Point 7 Sharpe: 0.92 (upper mid). Sharpe: 3.18 (top quartile). Sharpe: 0.13 (lower mid). Sharpe: 0.12 (bottom quartile). Point 8 Information ratio: 0.00 (top quartile). Information ratio: 0.00 (upper mid). Information ratio: 0.00 (lower mid). Information ratio: 0.00 (bottom quartile). Point 9 Yield to maturity (debt): 8.83% (top quartile). Yield to maturity (debt): 6.37% (bottom quartile). Yield to maturity (debt): 8.72% (upper mid). Yield to maturity (debt): 6.80% (lower mid). Point 10 Modified duration: 1.95 yrs (upper mid). Modified duration: 0.14 yrs (top quartile). Modified duration: 3.08 yrs (bottom quartile). Modified duration: 2.79 yrs (lower mid). Axis Credit Risk Fund
Axis Liquid Fund
Axis Strategic Bond Fund
Axis Dynamic Bond 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 Below is the key information for Axis Credit Risk Fund Returns up to 1 year are on 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. Research Highlights for Axis Liquid Fund Below is the key information for Axis Liquid Fund Returns up to 1 year are on (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. Research Highlights for Axis Strategic Bond Fund Below is the key information for Axis Strategic Bond Fund Returns up to 1 year are on To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments. Research Highlights for Axis Dynamic Bond Fund Below is the key information for Axis Dynamic Bond Fund Returns up to 1 year are on 1. Axis Credit Risk Fund
Axis Credit Risk Fund
Growth Launch Date 15 Jul 14 NAV (28 Oct 26) ₹23.3884 ↑ 0.00 (0.02 %) Net Assets (Cr) ₹378 on 30 Sep 26 Category Debt - Credit Risk AMC Axis Asset Management Company Limited Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.57 Sharpe Ratio 0.92 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 8.83% Effective Maturity 2 Years 2 Months 12 Days Modified Duration 1 Year 11 Months 12 Days Sub Cat. Credit Risk Growth of 10,000 investment over the years.
Date Value 30 Sep 21 ₹10,000 30 Sep 22 ₹10,335 30 Sep 23 ₹11,051 30 Sep 24 ₹11,936 30 Sep 25 ₹12,957 30 Sep 26 ₹13,899 Returns for Axis Credit Risk Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Oct 26 Duration Returns 1 Month 0% 3 Month 0.6% 6 Month 3.2% 1 Year 6.3% 3 Year 7.8% 5 Year 6.7% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 8.7% 2024 8% 2023 7% 2022 4% 2021 6% 2020 8.2% 2019 4.4% 2018 5.9% 2017 6.4% 2016 9.8% Fund Manager information for Axis Credit Risk Fund
Name Since Tenure Devang Shah 15 Jul 14 12.22 Yr. Akhil Thakker 9 Nov 21 4.9 Yr. Data below for Axis Credit Risk Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 10.7% Equity 8.68% Debt 80.13% Other 0.5% Debt Sector Allocation
Sector Value Corporate 77.81% Cash Equivalent 10.7% Government 2.32% Credit Quality
Rating Value A 8.57% AA 78.36% AAA 13.08% Top Securities Holdings / Portfolio
Name Holding Value Quantity Jubilant Bevco Limited
Debentures | -5% ₹17 Cr 1,500 Jtpm Metal TRaders Limited
Debentures | -4% ₹16 Cr 1,500 Aditya Birla Digital Fashion Ventures Limited
Debentures | -4% ₹15 Cr 1,500 Narayana Hrudayalaya Limited
Debentures | -4% ₹15 Cr 1,500 Altius Telecom Infrastructure Trust
Debentures | -4% ₹14 Cr 1,500 Godrej Seeds & Genetics Limited
Debentures | -3% ₹12 Cr 1,250 Adani Airport Holdings Limited
Debentures | -3% ₹12 Cr 1,200 GMR Airports Limited
Debentures | -3% ₹11 Cr 1,000 Jsw Jfe Kalinga Steel Limited
Debentures | -3% ₹10 Cr 1,000 Delhi International Airport Limited
Debentures | -3% ₹10 Cr 1,000 2. Axis Liquid Fund
Axis Liquid Fund
Growth Launch Date 9 Oct 09 NAV (28 Oct 26) ₹3,152.27 ↑ 0.45 (0.01 %) Net Assets (Cr) ₹53,470 on 30 Sep 26 Category Debt - Liquid Fund AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Low Expense Ratio 0.22 Sharpe Ratio 3.18 Information Ratio 0 Alpha Ratio 0 Min Investment 500 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.37% Effective Maturity 1 Month 19 Days Modified Duration 1 Month 19 Days Sub Cat. Liquid Fund Growth of 10,000 investment over the years.
Date Value 30 Sep 21 ₹10,000 30 Sep 22 ₹10,409 30 Sep 23 ₹11,128 30 Sep 24 ₹11,951 30 Sep 25 ₹12,770 30 Sep 26 ₹13,594 Returns for Axis Liquid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Oct 26 Duration Returns 1 Month 0.4% 3 Month 1.5% 6 Month 3.1% 1 Year 6.4% 3 Year 6.9% 5 Year 6.4% 10 Year 15 Year Since launch 7% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.6% 2024 7.4% 2023 7.1% 2022 4.9% 2021 3.3% 2020 4.3% 2019 6.6% 2018 7.5% 2017 6.7% 2016 7.6% Fund Manager information for Axis Liquid Fund
Name Since Tenure Devang Shah 5 Nov 12 13.91 Yr. Aditya Pagaria 13 Aug 16 10.14 Yr. Sachin Jain 3 Jul 23 3.25 Yr. Data below for Axis Liquid Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 95.62% Debt 4.15% Other 0.24% Debt Sector Allocation
Sector Value Cash Equivalent 82.15% Government 9.84% Corporate 7.78% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity Clearing Corporation Of India Ltd
CBLO | -18% ₹11,532 Cr 91 Days Tbill (Md 31/12/2026)
Sovereign Bonds | -3% ₹2,088 Cr 211,212,500
↓ -13,500,000 Small Industries Development Bank of India
Commercial Paper | -3% ₹1,636 Cr 33,000 National Bank for Agriculture and Rural Development
Commercial Paper | -2% ₹1,488 Cr 30,000 Ntpc Limited (23/11/2026) **
Net Current Assets | -2% ₹1,217 Cr 24,500
↑ 24,500 LIC Housing Finance Ltd.
Commercial Paper | -2% ₹1,170 Cr 23,500 HDFC Bank Limited
Certificate of Deposit | -2% ₹1,163 Cr 23,500 India (Republic of)
- | -2% ₹1,000 Cr 100,500,000 Ntpc Limited
Commercial Paper | -2% ₹996 Cr 20,000 Canara Bank
Domestic Bonds | -2% ₹994 Cr 20,000 3. Axis Strategic Bond Fund
Axis Strategic Bond Fund
Growth Launch Date 28 Mar 12 NAV (28 Oct 26) ₹29.9953 ↓ 0.00 (0.00 %) Net Assets (Cr) ₹1,972 on 30 Sep 26 Category Debt - Medium term Bond AMC Axis Asset Management Company Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.32 Sharpe Ratio 0.13 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 8.72% Effective Maturity 4 Years 6 Months Modified Duration 3 Years 29 Days Sub Cat. Medium term Bond Growth of 10,000 investment over the years.
Date Value 30 Sep 21 ₹10,000 30 Sep 22 ₹10,302 30 Sep 23 ₹11,027 30 Sep 24 ₹12,003 30 Sep 25 ₹12,994 30 Sep 26 ₹13,750 Returns for Axis Strategic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Oct 26 Duration Returns 1 Month -0.2% 3 Month -0.1% 6 Month 2.3% 1 Year 4.6% 3 Year 7.4% 5 Year 6.5% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 8.2% 2024 8.7% 2023 7.3% 2022 3.8% 2021 5.2% 2020 10.5% 2019 7.1% 2018 6.7% 2017 7.5% 2016 11.6% Fund Manager information for Axis Strategic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 13.91 Yr. Sachin Jain 1 Feb 23 3.67 Yr. Akhil Thakker 1 Feb 23 3.67 Yr. Data below for Axis Strategic Bond Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 4.81% Equity 3.75% Debt 91.12% Other 0.32% Debt Sector Allocation
Sector Value Corporate 68.19% Government 22.93% Cash Equivalent 4.81% Credit Quality
Rating Value A 7.02% AA 63.08% AAA 29.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.94% Govt Stock 2036
Sovereign Bonds | -9% ₹177 Cr 18,250,000
↑ 500,000 Jubilant Beverages Limited
Debentures | -4% ₹73 Cr 6,500 GMR Hyderabad International Airport Ltd
Debentures | -3% ₹65 Cr 6,500 Jubilant Bevco Limited
Debentures | -3% ₹62 Cr 5,500 Tamilnadu State Development Loans
Sovereign Bonds | -3% ₹61 Cr 6,358,600 Adani Power Limited
Debentures | -3% ₹60 Cr 6,000 Delhi International Airport Limited
Debentures | -3% ₹55 Cr 5,500 Aditya Birla Digital Fashion Ventures Limited
Debentures | -3% ₹55 Cr 5,500 Hiranandani Financial Services Private Limited
Debentures | -3% ₹51 Cr 5,200 Aadhar Housing Finance Limited
Debentures | -3% ₹50 Cr 5,000 4. Axis Dynamic Bond Fund
Axis Dynamic Bond Fund
Growth Launch Date 27 Apr 11 NAV (28 Oct 26) ₹31.3834 ↓ 0.00 (0.00 %) Net Assets (Cr) ₹969 on 30 Sep 26 Category Debt - Dynamic Bond AMC Axis Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.63 Sharpe Ratio 0.12 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.8% Effective Maturity 5 Years 1 Month 10 Days Modified Duration 2 Years 9 Months 14 Days Sub Cat. Dynamic Bond Growth of 10,000 investment over the years.
Date Value 30 Sep 21 ₹10,000 30 Sep 22 ₹10,063 30 Sep 23 ₹10,796 30 Sep 24 ₹11,787 30 Sep 25 ₹12,515 30 Sep 26 ₹13,251 Returns for Axis Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Oct 26 Duration Returns 1 Month -0.3% 3 Month -0.4% 6 Month 2.3% 1 Year 4.3% 3 Year 7% 5 Year 5.7% 10 Year 15 Year Since launch 7.7% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.1% 2024 8.6% 2023 6.6% 2022 2.1% 2021 3.9% 2020 12.3% 2019 11% 2018 6.2% 2017 3.4% 2016 13.4% Fund Manager information for Axis Dynamic Bond Fund
Name Since Tenure Devang Shah 5 Nov 12 13.91 Yr. Hardik Shah 5 Apr 24 2.49 Yr. Data below for Axis Dynamic Bond Fund as on 30 Sep 26
Asset Allocation
Asset Class Value Cash 52.6% Equity 4.39% Debt 42.47% Other 0.54% Debt Sector Allocation
Sector Value Government 33.59% Cash Equivalent 32.17% Corporate 29.31% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.3% Govt Stock 2053
Sovereign Bonds | -7% ₹71 Cr 7,500,000 Power Grid Corporation Of India Limited
Debentures | -4% ₹34 Cr 5,000 7.09% Govt Stock 2054
Sovereign Bonds | -3% ₹32 Cr 3,500,000 State Bank Of India
Debentures | -3% ₹25 Cr 265 National Bank For Agriculture And Rural Development
Debentures | -3% ₹25 Cr 2,500 Cube Highways Trust (Industrials)
Equity, Since 31 May 26 | 5438992% ₹18 Cr 1,182,875 Nhpc Limited
Debentures | -2% ₹15 Cr 150 7.26% Govt Stock 2032
Sovereign Bonds | -2% ₹15 Cr 1,500,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹15 Cr 150 Raajmarg Infra Investment Trust Units (Financial Services)
Equity, Since 15 Mar 26 | RIIT1% ₹14 Cr 1,170,004
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
Research Highlights for Axis Credit Risk Fund