HealthyDirect · GrowthFit for a long SIP
AXIS Corporate Bond Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Corporate Bond Fund9.3 years
- NAV
- 19.3295
- 30 Oct 2026
- 1Y
- +4.3%
- Trailing CAGR
- AUM
- ₹7,453.33 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 83% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
9.3 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.36% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
83% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 32.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.3%
- 3Y+7.4%
- 5Y+6.7%
- 10Yn/a
- SI+7.3%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.0%
- 3Y+6.4%
- 5Y+6.9%
- 10Yn/a
- Since inception
- +7.3%
- Calendar-day CAGR
- Excess 1Y
- +0.4%
- Category median, same plan and option
- 3Y win rate
- +83%
- Windows beating the median
- 3Y percentile
- 75
- Vs comparable share classes
- SIP 3Y XIRR
- +6.4%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.3%
- 1533 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1047 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.8%
- Worst peak-to-trough
- Current
- -0.4%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +44%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 235 recovered episodes
- Longest recovery
- 127 days
- Trough to prior peak
3 Jun 2019 – 9 Oct 2019
Trough 4 Jun 2019 · recovered in 127 days
-3.8%
6 Mar 2020 – 17 Apr 2020
Trough 23 Mar 2020 · recovered in 25 days
-3.2%
23 Apr 2020 – 15 May 2020
Trough 28 Apr 2020 · recovered in 17 days
-1.3%
5 Apr 2022 – 6 Jul 2022
Trough 6 May 2022 · recovered in 61 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
75
Vs category
52
Consistency
86
Risk-adjusted
60
Drawdown
91
Mean
73
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 83% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 117 holdings · top 10 are 32.8%.
- Top 5
- 20.4%
- Top 10
- 32.8%
- Largest holding
- 8.6%
- Effective holdings
- 46.1
Others CBLO
Unspecified
8.6%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26B 6.85 BD 19JN29 FVRS1LAC
Financial
3.6%
Net Receivables
Unspecified
2.9%
TATA CAPITAL LIMITED SR B RR NCD 21FB29 FVRS1LAC
Financial
2.7%
BAJAJ HOUSING FINANCE LIMITED 7.66 NCD 20MR28 FVRS1LAC
Financial
2.7%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
BARODA BNP PARIBAS CORPORATE BOND FUND
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.8%
- 3Y
- +7.6%
- Vol
- 1.3%
- Max DD
- -2.3%
- Sharpe
- 0.53
- 3Y win
- +94%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HSBC Corporate Bond Fund
HSBC Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.2%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 0.92
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Mirae Asset Corporate Bond Fund
Mirae Asset Mutual Fund
- 1Y
- +3.9%
- 3Y
- +6.9%
- Vol
- 1.1%
- Max DD
- -1.2%
- Sharpe
- 0.04
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
UTI - Corporate Bond Fund
UTI Mutual Fund
- 1Y
- +4.1%
- 3Y
- +7.1%
- Vol
- 1.7%
- Max DD
- -3.0%
- Sharpe
- 0.84
- 3Y win
- +57%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Canara Robeco Corporate Bond Fund
Canara Robeco Mutual Fund
- 1Y
- +3.7%
- 3Y
- +6.5%
- Vol
- 1.3%
- Max DD
- -2.0%
- Sharpe
- 1.11
- 3Y win
- +1%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns