Axis Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 15 Jul 2014. Devang Shah is the Current Fund Manager of Axis Credit Risk Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,361 Cr and the Latest NAV as of 14 Oct 2019 is ₹15.49.
The Axis Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹100
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
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