Home Mutual FundsAxis Credit Risk Fund Regular Growth

Overview (as on 24 Sep 2020)

NAV

₹15.6652

1y returns

8.153%

Fund AUM

₹593 Cr

Expense Ratio

1.67%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP

Lumpsum

I would like to invest

For Time Period

5 years

Total investment

₹0

Pre-Tax

Post-Tax

Axis Credit Risk Fund Regular Growth

₹0

5.36% projected returns

HDFC Credit Risk Debt Fund Growth Option

₹0

6.42% projected returns

ICICI Prudential Credit Risk Fund Growth

₹0

5.67% projected returns

SBI Credit Risk Fund Regular Plan Growth

₹0

5.23% projected returns

Aditya Birla Sun Life Credit Risk Fund Regular Plan Growth

₹0

6.06% projected returns

Kotak Credit Risk Growth

₹0

6.16% projected returns

Asset Allocation

Debt & Cash (100.00%)

Sector Allocation

Corporate

79.65%

Cash Equivalent

10.69%

Securitized

7.07%

Government

2.59%

Debt Credit Ratings

48.35%

AAA

43.23%

8.42%

Key Metrics

Modified Duration

1.6 yr

Average Maturity

2.8 yr

Yield to Maturity

8.18%

Top 10 Holdings

All

Equity

Debt & Cash

Holding Name
Type
Holding Percentage
182 DTB 22102020
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Debt
6.72%
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Debt
5.97%
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CRISIL AAA | Low Risk
Debt
5.27%
Bahadur Chand Investments Private Limited
ICRA AA
Debt
5.09%
MFL SECURITISATION TRUST LXXIX
CRISIL AAA(SO) | Low Risk
Debt
4.48%

India Grid Trust
CRISIL AAA | Medium Risk
Debt
4.33%
Nirma Limited
CRISIL AA-
Debt
4.11%
Narmada Wind Energy Private Limited
CARE A+(CE) | High Risk
Debt
3.98%
Tata Steel Limited
BWR AA | Medium Risk
Debt
3.44%
Northern Arc Capital Limited
ICRA A+
Debt
3.40%

Fund Details

Investment Objectives

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

Scheme Name

Axis Credit Risk Fund Regular Growth

Scheme Document

Click Here

Exit Load

For 0 - 12 Months: 1%

After 12 Months : 0%

Plan Started

15 July, 2014

Fund Manager

Devang Shah

Fund House Details

Fund House

Axis Asset Management Company Limited

Phone

Address

Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Other Related Plans

Fund Name	Plan Type	Expense Ratio	1yr Returns
Axis Credit Risk Fund Direct Growth	Direct	0.56%	9.33%
Axis Credit Risk Fund Direct Monthly Dividend Reinvestment	Direct	0.56%	8.28%
Axis Credit Risk Fund Direct Weekly Dividend Reinvestment	Direct	0.56%	8.11%
Axis Credit Risk Fund Direct Monthly Dividend Payout	Direct	0.56%	8.28%
Axis Credit Risk Fund Direct Weekly Dividend Payout	Direct	0.56%	8.11%
Axis Credit Risk Fund Regular Monthly Dividend Reinvestment	Regular	1.67%	7.39%
Axis Credit Risk Fund Regular Weekly Dividend Reinvestment	Regular	1.67%	7.20%
Axis Credit Risk Fund Regular Monthly Dividend Payout	Regular	1.67%	7.39%
Axis Credit Risk Fund Regular Weekly Dividend Payout	Regular	1.67%	7.20%

Peer Funds

ICICI Prudential Credit Risk Fund Growth

DebtCredit RiskRegularModerate Risk

1 yr returns

10.05%

AUM

₹6,503 Cr

Expense Ratio

1.65%

HDFC Credit Risk Debt Fund Growth Option

DebtCredit RiskRegularModerate Risk

1 yr returns

9.28%

AUM

₹6,181 Cr

Expense Ratio

1.59%

SBI Credit Risk Fund Regular Plan Growth

DebtCredit RiskRegularModerate Risk

1 yr returns

8.53%

AUM

₹3,765 Cr

Expense Ratio

1.56%

Kotak Credit Risk Growth

DebtCredit RiskRegularModerately Low risk

1 yr returns

7.32%

AUM

₹1,911 Cr

Expense Ratio

1.73%

Aditya Birla Sun Life Credit Risk Fund Regular Plan Growth

DebtCredit RiskRegularModerate Risk

1 yr returns

3.23%

AUM

₹1,838 Cr

Expense Ratio

1.84%

Axis Credit Risk Fund Regular Growth

NAV

₹15.6652

Name: Axis Credit Risk Fund Regular Growth
Brand: Axis Asset Management Company Limited
SKU: F00000TXFS
Price: 15.6652 INR
Availability: InStock
Rating: 4 (5 reviews)

INDmoney Analysis

Return Score

Below Average

Fund is in Bottom 50 percent in its Category

Return score is based upon:

Benchmark out performance

Consistency of returns

Indicative yields

Risk Score

Excellent

Fund is in Top 20 percent in its Category

Risk score is based upon:

Market sensitivity

Credit risk

Underlying maturity

Credit Quality

High

Fund has high quality bonds and commercial papers

Credit Quality is based upon:

Long term credit rating

Credit rating outlook

Probability of default

Interest Rate Sensitivity

Medium

Based on credit rating and modified duration of underlying instruments

Fund Managers

Devang Shah

Manager

Qualifications

B. Com, CA

Work Experience

5 years total experience. ICICI Prudential AMC Ltd - April 10, 2008 to till date. Past Experience one and half years with Deutsche Asset Management. 2 years with Pricewaterhouse Coopers

Dhaval Patel

Manager

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