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

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Debt
Direct
Credit Risk
NAV: ₹ 10.1 as on 16-02-2024
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

  1. Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl has ₹478 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.8.

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

Expense ratio
Expense ratio
0.8%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹478 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
213.03%

Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AA
50.2%
AAA
44.5%
A
5.3%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
74.1%
Government
17.7%
Cash Equivalent
7.8%
Securitize
0.4%

Top Holdings of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings39
Holdings
Weight%
1M Change
7.26% Govt Stock 2033
7.26% Govt Stock 2033
10.55%
100%
Motherson Sumi Systems Limited
Motherson Sumi Systems Limited
6.21%
100%
Tata Projects Limited
Tata Projects Limited
5%
0%
Godrej Housing Finance Limited
Godrej Housing Finance Limited
4.86%
-6%
Birla Corporation Limited
Birla Corporation Limited
4.8%
0%

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
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 481.3 Cr
₹ 491.9 Cr
₹ 502.6 Cr
  • AUM of the fund stands at 481.3 Cr as of Jan'24
  • AUM decreased by 10.7 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

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

Devang Shah
Devang Shah
Fund Manager of Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl, since 15 July 2014

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

Risk 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 6.68% since inception which is more than its category average return of 5.3%
AUM size ₹478 Cr

AUM size ₹478 Cr

This fund has AUM of ₹478 Cr which is less than its category average of ₹ 1275 Cr
Expense Ratio 0.8%

Expense Ratio 0.8%

This fund has an expense ratio of 0.8% 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 ₹10.14 as on 16-Feb-2024.
Existing (Absolute + CAGR) as on 16-Feb-2024.
Axis Credit Risk Fund Direct Monthly Reinvst of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.66%
0.66%
6 Month Returns
3.85%
3.85%
1 Year Returns
8%
8%
3 Years Returns
21.6%
6.74%
5 Years Returns
37.36%
6.55%
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  • Select your bank account and proceed with Payment.
0.8% as on January 2024
₹478 Cr as on January 2024
7.26% Govt Stock 2033(10.55%), Motherson Sumi Systems Limited(6.21%), Tata Projects Limited(5%), Godrej Housing Finance Limited(4.86%), Birla Corporation Limited(4.8%) as on January 2024
Corporate(74.08%), Government(17.75%), Cash Equivalent(7.78%) as on January 2024
Yield to Maturity is 8.61 as on January 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 1.85 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
50.21
AAA
44.54
A
5.25
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%