Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl

Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl

Debt
Direct
Credit Risk

NAV: ₹ 10.1 as on 30-09-2022

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 6K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.1%
1.7%
1.6%
4.2%
7%
5.8%
Benchmark
-0%
1.5%
9.7%
13.5%
5.6%
3.8%
About the Fund

Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on  15 July, 2014. The fund is managed by Devang Shah, Akhil Thakker. This fund is suitable to keep your money safe.

Key parameters

1) Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl has a NAV of 10.0777 as on 30-09-2022.

2) Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl has 657 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.81 %.

Fund Overview

Expense ratio
Expense ratio
0.81%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹657 Cr
Inception Date
Inception Date
15 July, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
115.1%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AA
49.3%
AAA
40.8%
A
9.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

64%

Government

18.1%

Cash Equivalent

15.8%

Securitize

2.2%

Top Holdings

  • All
  • Debt & Cash
Total Holdings45
Debt Holdings45
Holdings
Weight%
Holdings Trend
1M Change
icon
5.15% Govt Stock 2025
7.22%
0%
icon
Aditya Birla Fashion And Retail Limited
4.83%
0%
icon
7.38% Govt Stock 2027
4.61%
0%
icon
Bahadur Chand Investments Private Limited
4.55%
0%
icon
Godrej Properties Limited
3.81%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 5.6 Cr in last 1M
Sep'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 665.8 Cr
Jul'22
₹ 671.5 Cr
Jun'22
₹ 671.1 Cr

Fund Returns vs Benchmark

Sep'22
0.85%
0.86%
Aug'22
0.85%
0.86%
Jul'22
0.34%
0.21%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Managing this fund since 15 July 2014

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Liquid Fund Direct Plan Growth Option
4.13%
3.25%
Axis Treasury Advantage Fund Direct Plan Growth Option
5.59%
4.95%
Axis Short Term Fund Direct Plan Growth Option
6.7%
5.55%
Akhil Thakker

Akhil Thakker

Managing this fund since 9 November 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Credit Risk Fund Direct Growth
7.37%
5.57%

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.48% since inception which is more than its category average return of 5.19%
AUM size ₹657 Cr

AUM size ₹657 Cr

This fund has AUM of ₹657 Cr which is less than its category average of ₹ 1406 Cr
Expense Ratio 0.81%

Expense Ratio 0.81%

This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.18%

Frequently Asked Questions

The current NAV of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is 10.08.
Existing (Absolute + CAGR)
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.11%
0.11%
6 Month Returns
1.64%
1.64%
1 Year Returns
4.23%
4.23%
3 Years Returns
22.57%
7.02%
5 Years Returns
32.27%
5.75%
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.
0.81 as on September 2022
657 Cr as on September 2022
7.72
1.49
AA
49.3
AAA
40.82
A
9.88
Devang Shah,Akhil Thakker are the fund managers of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is 1%