|Min SIP Amount||₹1000|
|NAV||₹17.66 (12 Apr 2021)|
|Fund Started||15 Jul 2014|
|Fund Size||₹593 Cr|
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 ₹593 Cr and the Latest NAV as of 12 Apr 2021 is ₹17.66.
The Axis Credit Risk Fund Direct Growth is rated High 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
The scheme seeks to generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.