Which funds are similar to Axis Corporate Bond Fund Direct-Growth?
Funds similar to Axis Corporate Bond Fund Direct-Growth in the Debt: Corporate Bond category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Axis Corporate Bond Fund Direct-Growth compare to the category average?
The comparison of Axis Corporate Bond Fund Direct-Growth against the Debt: Corporate Bond category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Axis Corporate Bond Fund Direct-Growth in its category?
The rank of Axis Corporate Bond Fund Direct-Growth within the Debt: Corporate Bond category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Axis Corporate Bond Fund Direct-Growth?
Top alternatives to Axis Corporate Bond Fund Direct-Growth in the Debt: Corporate Bond category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — Nifty Corporate Bond Index A-II — are also listed separately.
How does Axis Corporate Bond Fund Direct-Growth's expense ratio compare to similar funds?
The expense ratio of Axis Corporate Bond Fund Direct-Growth is 0.35%. Over a 20-year investment, a 0.5% difference in expense ratio on a ₹10 lakh corpus can amount to lakhs in additional wealth creation.
How does Axis Corporate Bond Fund Direct-Growth's AUM compare to similar funds?
Axis Corporate Bond Fund Direct-Growth has an AUM of ₹ 8.36 k Cr. AUM reflects investor confidence. For small cap funds, very large AUM can limit portfolio flexibility.
Which fund has the best 3-year returns in the Debt: Corporate Bond category?
The top-performing funds by 3-year returns in the Debt: Corporate Bond category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Axis Corporate Bond Fund Direct-Growth better than index funds in the same category?
Whether Axis Corporate Bond Fund Direct-Growth beats index funds in the Debt: Corporate Bond category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Axis Corporate Bond Fund Direct-Growth rank in risk-adjusted returns vs peers?
Axis Corporate Bond Fund Direct-Growth has a Sharpe ratio of 1.27. A Sharpe of 1.27 means the fund generates strong returns per unit of risk. Risk-adjusted comparison across category peers — Sharpe, alpha and beta — is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking Nifty Corporate Bond Index A-II with lower costs?
Funds tracking the same benchmark as Axis Corporate Bond Fund Direct-Growth — Nifty Corporate Bond Index A-II — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.