Should I invest in Axis Corporate Bond Fund - Daily IDCW?

We don't give personal investment advice. Axis Corporate Bond Fund - Direct Plan - Daily IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: -0.02%.

Axis

Axis Corporate Bond Fund - Direct Plan - Daily IDCW

Latest NAV

₹10.2237

As of

3 Jun 2026

2,154 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.07%	+14.97%	-14.89	25 / 72	Q2
1W	+0.27%	+15.14%	-14.87	25 / 72	Q2
2W	+0.40%	+15.28%	-14.89	27 / 72	Q2
1M	+0.05%	+15.20%	-15.15	57 / 72	Q4
3M	-0.08%	+14.82%	-14.90	44 / 72	Q3
6M	-0.08%	+15.94%	-16.02	41 / 71	Q3
YTD	-0.08%	+15.04%	-15.11	47 / 71	Q3
1Y	-0.08%	+17.89%	-17.97	40 / 71	Q3
2Y	-0.04%	+5.94%	-5.98	57 / 71	Q4
3Y	-0.03%	+2.32%	-2.34	50 / 66	Q4
4Y	+0.13%	+2.56%	-2.42	50 / 61	Q4
5Y	-0.02%	+1.49%	-1.50	41 / 52	Q4
7Y	+0.77%	+1.91%	-1.14	25 / 50	Q2
10Y	—	—	—	—	—
Inception	+0.23%	+6.36%	-6.14	52 / 67	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.08%	-0.52%	+0.44	36 / 58
2025	-0.02%	+3.04%	-3.06	54 / 61
2024	+0.00%	+3.39%	-3.39	55 / 62
2023	+0.00%	+2.73%	-2.73	50 / 60
2022	+0.00%	+19.77%	-19.77	42 / 61
2021	+0.00%	-1.89%	+1.89	15 / 54
2020	+0.73%	+4.23%	-3.50	35 / 50
2019	+0.82%	+2.75%	-1.93	34 / 47
2018	+0.00%	+1.54%	-1.54	26 / 37
2017	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.21%

97 windows

min -3.8% · max 4.8%

44% positive

3-Year rolling

+0.27%

72 windows

min -0.2% · max 1.5%

72% positive

5-Year rolling

+0.24%

48 windows

min -0.1% · max 1.0%

83% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+0.24%

24 windows

min 0.2% · max 0.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.39%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.68%

Mar 2024 → May 2026

% positive months

22.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Corporate Bond Fund

Scheme	Fund house	NAV	As of
HDFC Corporate Bond Fund - IDCW Option - Direct Plan	HDFC	₹21.0823	3 Jun 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹17.0800	3 Jun 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.6984	3 Jun 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	3 Jun 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,216.0142	3 Jun 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.3094	3 Jun 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.4102	3 Jun 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW	Franklin India	₹18.7176	3 Jun 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.5152	3 Jun 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.7888	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹10.2237
2 Jun 2026	₹10.2268
1 Jun 2026	₹10.2194
31 May 2026	₹10.2209
29 May 2026	₹10.2170
27 May 2026	₹10.2075
26 May 2026	₹10.1993
25 May 2026	₹10.1980
22 May 2026	₹10.1787
21 May 2026	₹10.1709

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis Corporate Bond Fund - Direct Plan - Daily IDCW is ₹10.2237. It's a Corporate Bond Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Corporate Bond Fund - Direct Plan - Daily IDCW has NAV history starting from 18 Jul 2017, a track record of about 8 years 10 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis Corporate Bond Fund - Direct Plan - Daily IDCW is managed by Axis. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Corporate Bond Fund - Direct Plan - Daily IDCW has delivered a absolute return of -0.08% — -17.97 pp behind the Corporate Bond Fund category average of 17.89%. The fund ranks #40 of 71 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis Corporate Bond Fund - Direct Plan - Daily IDCW has delivered a CAGR of -0.03% — -2.34 pp behind the Corporate Bond Fund category average of 2.32%. The fund ranks #50 of 66 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis Corporate Bond Fund - Direct Plan - Daily IDCW has delivered a CAGR of -0.02% — -1.5 pp behind the Corporate Bond Fund category average of 1.49%. The fund ranks #41 of 52 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis Corporate Bond Fund - Direct Plan - Daily IDCW exactly 5 years ago would be worth approximately ₹99,922 today — a multiplier of 1.00×, based on the 5-year CAGR of -0.02%. The category average over the same window would have grown ₹1 lakh to ₹107,656.

A ₹10,000 monthly SIP in Axis Corporate Bond Fund - Direct Plan - Daily IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹599,819 today. That's an XIRR (money-weighted annualised return) of -0.01%.

Axis Corporate Bond Fund - Direct Plan - Daily IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹841,852 — XIRR 0.06%.

On a 5-year basis, Axis Corporate Bond Fund - Direct Plan - Daily IDCW ranks #41 out of 52 funds in the Corporate Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.49%; this fund delivered -0.02%.

The worst peak-to-trough decline Axis Corporate Bond Fund - Direct Plan - Daily IDCW has experienced over the last 5-year window is 0.91% — its NAV fell from a high on 03 Jun 2021 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis Corporate Bond Fund - Direct Plan - Daily IDCW averaged 0.24% (best 1.04%, worst -0.10%). 83% of rolling windows ended positive.

In calendar year 2025, Axis Corporate Bond Fund - Direct Plan - Daily IDCW returned -0.02% — lagging the Corporate Bond Fund category average of 3.04% by 3.06 pp. It ranked #54 of 61 in its category that year.

Axis Corporate Bond Fund - Direct Plan - Daily IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Corporate Bond Fund - Direct Plan - Daily IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: -0.02%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.