Axis Credit Risk Fund Direct Growth - Latest NAV ₹17.4307, Returns, Performance & Portfolio

Axis Credit Risk Fund Direct Growth

  • highlight
    8.27%
  • highlight
    17.4307

Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 61,337 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.27%
3 Years7.41%
1 Year7.86%
6 Months4.52%
Fund Details
ISININF846K01PJ5
RiskModerate Risk
Fund TypeCredit Risk
NAV17.4307
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Embassy Office Parks Reit5.47%
Bahadur Chand Investments Private Limited5.07%
India Grid Trust4.37%
Nirma Limited4.2%
Narmada Wind Energy Private Limited3.94%
Tata Steel Limited3.58%
Northern Arc Capital Limited3.38%
PVR Limited3.24%
MFL SECURITISATION TRUST LXXIX2.99%
Indinfravit Trust2.93%

About Axis Credit Risk Fund

Axis Credit Risk Fund is an open-ended debt scheme that primarily invests in corporate bonds rated below the mark of AA+. The credit risk fund invests in a portfolio of debt and money market instruments across the credit rating spectrum. It also tries to reap benefits from the yield curve that spreads over a short period of time, i.e. 1-3 years.

Pros and Cons of Axis Credit Risk Fund

The scheme aims to offer stable returns over short-to-medium term. It has historically provided returns that are higher as compared to the category average returns. However, the fund does not assure that the investment objective will be achieved, nor does it guarantee any returns.

Fund Information and Statistics

i) Inception/Launch Date Axis Credit Risk Fund was launched on 25 June 2014.

ii) Risk Level Axis Credit Risk Fund has a moderate risk profile since the fund invests a minimum of 65% of the assets to non-AAA rated securities.

iii) Redemption No lock-in period is applicable to the fund invested in the scheme. However, an exit load may be charged if you redeem within the stipulated period.

iv) Fund Manager Mr Devang Shah has been managing Axis Credit Risk Fund since July 2014.

v) Entry/Exit Load As per the norms set by the Securities and Exchange Board of India, entry load is not chargeable for mutual fund purchases. However, an exit load of 1% may be charged if you redeem/switch-out funds within 12 months from the date of unit allotment. Switching-out or redeeming after 12 months will not attract any exit load with effect from 10 November 2017..

About Axis Mutual Fund

Axis Mutual Fund was incorporated on 13 January 2009. The fund house registered with SEBI in September 2009 and launched its first scheme in October 2009. Axis Bank Limited is the sponsor for the fund house and Axis Mutual Fund Trustee Limited is the trustee company. As on 31 March 2020, the fund house has over 60 lakh active folios and the average asset under management (AAUM) is worth Rs.1,38,40,162.07 lakh.

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Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 61,337 in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns