Axis Credit Risk Fund Direct Growth+0.08%

4
9.31%
1 Year Return
Debt
Credit Risk
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Credit Risk Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.57%
NAV16.48 (03 Jul 2020)
Fund Started15 Jul 2014
Fund Size705 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Credit Risk Fund Direct Growth
9.3%
6.9%
8.2%
8.7%
Category Average
-3.5%
0.5%
3.7%
-
Rank within category
2
6
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 9.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

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    Fund Managers

    addDevang Shah
    Education
    Mr. Shah is B.Com and ACA.
    Experience
    Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
    Funds Managed

    Axis Credit Risk Fund Direct Growth Details

    Axis Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 15 Jul 2014. Devang Shah is the Current Fund Manager of Axis Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹705 Cr and the Latest NAV as of 03 Jul 2020 is ₹16.48.

    The Axis Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 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
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    04 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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