Axis Credit Risk Fund Direct Growth

Axis Credit Risk Fund Direct Growth

Debt

Axis Mutual Fund

Credit Risk

Get the latest NAV of Axis Credit Risk Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹23.85

NAV as on 23 May 2025

8.33%/per year

Since Inception

Absolute Gain%

▲▼

17 people have invested ₹ 5.4L in Axis Credit Risk Fund Direct Growth in the last three months

Fund Performance

as on (23-May-25)

Period
This Fund
Credit Risk Index
1 Month
1.02%
1.69%
3 Months
3.47%
4.8%
6 Months
5.45%
7.02%
1 Year
10.19%
11.61%
3 Years
8.54%
8.85%
5 Years
8%
9.77%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Axis Credit Risk Fund
3/8
363Cr
0.8%
10.19%
8.54%
8.33%
Nippon India Credit Risk Fund Direct Growth
1/7
1,000Cr
0.7%
10.53%
8.9%
7.57%
ICICI Prudential Credit Risk Fund Direct Growth
2/7
6,159Cr
0.76%
10.59%
8.74%
8.99%
Aditya Birla Sun Life Credit Risk Fund Direct Growth
3/7
988Cr
0.67%
18.74%
12.17%
9.2%
See all

Axis Credit Risk Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Axis Credit Risk Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 0.7%

Debt & Cash 98.8%

Cash allocation has gone down from 9% to 2.9%
Cash allocation has gone down from 9% to 2.9%
Debt allocation has gone up from 89.5% to 95.9%
Debt allocation has gone up from 89.5% to 95.9%

Axis Credit Risk Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 0.7%

Debt & Cash 98.8%

Top 3 Sectors in April were Financial Services, Corporate & Government

Apr'25

Financial Services

100%

Corporate

73%

Government

24%

Mar'25

Financial Services

100%

Corporate

80%

Government

11%

Axis Credit Risk Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.8%
Benchmark
IISL NIFTY Credit Risk Bond Index TR INR
AUM₹363 Cr
Inception Date15 July, 2014
Min Lumpsum/SIP₹5000/₹1000
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
123.57%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

About Axis Credit Risk Fund

Axis Credit Risk Fund Direct Growth is a debt fund. This fund was started on 15 July, 2014. The fund is managed by Devang Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Credit Risk Fund Direct Growth has ₹363 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

Axis Credit Risk Fund Direct Growth has given a CAGR return of 8.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.19%, 8.54% and 8.00% respectively.

Holdings

Axis Credit Risk Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 6.92% Govt Stock 2039, Kohima Mariani Transmission Limited, Birla Corporation Limited, 7.1% Govt Stock 2034, Aditya Birla Renewables Limited

Taxation

As it is a credit risk mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Credit Risk Fund Direct Growth

To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Credit Risk Fund Direct Growth has no lock in period.

Fund Manager

Devang Shah

Fund Manager of Axis Credit Risk Fund Direct Growth, since 15 July 2014

Learn more about Axis Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 363.1 Cr
₹ 360.2 Cr
₹ 380.5 Cr
  • AUM of the fund stands at 363.1 Cr as of Apr'25
  • AUM increased by 3 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Axis Credit Risk Fund Direct Growth

What is the current NAV of Axis Credit Risk Fund Direct Growth?

The current NAV of Axis Credit Risk Fund Direct Growth is ₹23.85 as on 23-May-2025.

What are the average returns of Axis Credit Risk Fund Direct Growth?

Existing (Absolute + CAGR) as on 23-May-2025.
Axis Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.02%
1.02%
6 Month Returns
5.45%
5.45%
1 Year Returns
10.19%
10.19%
3 Years Returns
27.87%
8.54%

How do I invest in Axis Credit Risk Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Axis Credit Risk Fund Direct Growth?

0.8% as on April 2025

What is net assets under management (AUM) of Axis Credit Risk Fund Direct Growth?

₹363 Cr as on April 2025

What are the top 5 holdings of Axis Credit Risk Fund Direct Growth?

6.92% Govt Stock 2039(5.78%), Kohima Mariani Transmission Limited(5.47%), Birla Corporation Limited(4.48%), 7.1% Govt Stock 2034(4.36%), Aditya Birla Renewables Limited(4.2%) as on April 2025

What are the top 3 sectors that this Axis Credit Risk Fund Direct Growth has invested in?

Corporate(76.69%), Government(18.46%), Cash Equivalent(4.12%) as on April 2025

What is the yield to maturity ratio of Axis Credit Risk Fund Direct Growth?

Yield to Maturity is 7.84 as on April 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.

What is the modified duration of Axis Credit Risk Fund Direct Growth?

Modified Duration is 2.73 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of Axis Credit Risk Fund Direct Growth?

AA
49.7
AAA
36.35
A
13.95

Who is the manager of Axis Credit Risk Fund Direct Growth?

Devang Shah is the fund manager of Axis Credit Risk Fund Direct Growth

What is the exit load of Axis Credit Risk Fund Direct Growth?

The Exit load of Axis Credit Risk Fund Direct Growth is 1%