Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
Debt
Direct
Credit Risk
NAV: ₹ 10.12 as on 18-04-2024
Fund Performance
About the 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 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
- Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹464 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.81% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹464 Cr |
 | 15 July, 2014 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 213.03% |
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AA
55.6%
AAA
37.1%
A
7.3%
Sector Allocation
Corporate
81.4%
Government
11.6%
Cash Equivalent
6.6%
Securitize
0.4%
Top Holdings of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl as on (31-Mar-24)
Debt Holdings39
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 11.01% | 0% | |
Motherson Sumi Systems Limited | 6.45% | 0% | |
Tata Projects Limited | 5.19% | 0% | |
Godrej Housing Finance Limited | 5.05% | 0% | |
Birla Corporation Limited | 4.98% | 0% |
See all
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 464 Cr as of Mar'24
- AUM decreased by 8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Devang Shah
Fund Manager of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl, since 15 July 2014
Top funds managed
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 6.71% since inception which is more than its category average return of 5.24%
AUM size ₹464 Cr
This fund has AUM of ₹464 Cr which is less than its category average of ₹ 1256 Cr
Expense Ratio 0.81%
This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl is ₹10.12 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 4.11% | 4.11% |
1 Year Returns | 7.75% | 7.75% |
3 Years Returns | 21.44% | 6.69% |
5 Years Returns | 37.53% | 6.58% |
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 March 2024
₹464 Cr as on March 2024
7.26% Govt Stock 2033(11.01%), Motherson Sumi Systems Limited(6.45%), Tata Projects Limited(5.19%), Godrej Housing Finance Limited(5.05%), Birla Corporation Limited(4.98%) as on March 2024
Corporate(81.37%), Government(11.6%), Cash Equivalent(6.61%) as on March 2024
Yield to Maturity is 8.66 as on March 2024. 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.
Modified Duration is 1.87 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 55.56 |
AAA | 37.14 |
A | 7.3 |
Devang Shah is the fund manager 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%