Axis Credit Risk Fund Regular Growth - Latest NAV, Returns, Performance & Portfolio

Axis Credit Risk Fund

  • highlight7.45%
  • highlight0.02(0.12%)

Start your investment

Min amount: 1000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.54 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.45%
3 Years5.81%
1 Year4.03%
6 Months0.24%
Fund Details
ISININF846K01PO5
RiskModerate Risk
Fund TypeCredit Risk
NAV14.3198
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
MFL SECURITISATION TRUST LXXIX3.4%
Indian Hospitals Corporation Limited3.18%
Renew Power Ventures Private Limited3.04%
Coastal Gujarat Power Limited2.99%
PVR Limited2.93%
Birla Corporation Limited2.9%
JSW Techno Projects Management Limited2.86%
Hinduja Leyland Finance Limited2.75%
7.26% Govt Stock 20292.71%
Sansar Trust Sep 2017 III SR-A7 PTC2.59%

About Axis Credit Risk Fund

Axis Credit Risk Fund is an open-ended scheme which invests in debt and money market instruments. The fund aims to generate stable returns by primarily investing in short term corporate bond with 2-3 years of maturity span. The current maturity duration of the fund is 1.6 years. The scheme is suitable for investment over a mid-term time horizon.

Pros & Cons of Axis Credit Risk Fund

Axis Credit Risk Fund offers the following benefits: 1. The fund enables investors to expose their capital across the credit rating spectrum. 2. The scheme aims to capture opportunities in the yield curve spreads in the short (1-3 Years) duration segment. 3. The scheme claims to ensure risk management through diversification.

Fund Information and Statistics of Axis Credit Risk Fund

i) Inception / Launch date

The Axis Credit Risk Fund was launched on 15 July, 2014, by Axis Mutual Fund.

ii) Risk level

Axis Credit Risk Fund is moderately risky and suitable for investors with a time horizon of 3 years and above.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from the date of receipt of a request at the authorised centre of Axis mutual fund.

iv) Fund Manager

Axis Credit Risk Fund is managed by Mr Devang Shah since inception of the fund. He comes with 12 years of experience working with Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhousecoopers.

v) Entry / Exit load

The fund house does not charge any entry load or exit load for 10% of redemption within 12 months. However, it charges 1% exit load if the remaining investment is redeemed within one year from the date of allotment. There is no exit load if redeemed after a year of allotment.

Tax benefits of investing in Axis Credit Risk Fund

The Short-term capital gain tax will be levied as per the Income Tax Slab Rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months.

About Axis Credit Risk Fund

Axis Mutual Fund was launched in 2009 and has grown since then due to its strong principles. The fund house strives to encourage investors to build long-term wealth via mutual funds. With more than 50 schemes, it believes in a customer centric facility. Axis Mutual Fund is present in over 90 cities with over 20 lakh investors.

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Frequently Asked Questions

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Start your investment

Min amount: 1000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 5.54 Lakhs in a period of 20 years
Need help?
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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