Axis Credit Risk Fund Direct Growth-0.02%

3Groww
5.75%
1 Year Return
Debt
Credit Risk
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Credit Risk Fund Direct Growth

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.57%
NAV15.73 (06 Dec 2019)
Fund Started15 Jul 2014
Fund Size1,337 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Axis Credit Risk Fund Direct Growth
5.8%
6.5%
8.3%
8.8%
Category Average
0.6%
4.1%
7.2%
-
Rank within category
9
8
6
-
*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 5.8% annual returns

    Comparison

    Data not available
    Pros
    1. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Coastal Gujarat Power Ltd.EngineeringNCD3.4%
    JSW Techno Projects Management Ltd.EngineeringDebenture3.4%
    Birla Corporation Ltd.ConstructionDebenture3.3%
    Magma Fincorp Ltd.FinancialDebenture3.2%
    Hinduja Leyland Finance Ltd.FinancialDebenture3.1%
    NUVOCO Vistas Corp Ltd.ConstructionDebenture2.9%
    Bhopal Dhule Transmission Co. Ltd.EngineeringDebenture2.8%
    Narmada Wind Energy Pvt. Ltd.EnergyDebenture2.8%
    JK Lakshmi Cement Ltd.ConstructionDebenture2.6%
    Essel Mining Industries Ltd.EnergyDebenture2.6%
    See All

    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

    Other Details

    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 ₹1,337 Cr and the Latest NAV as of 06 Dec 2019 is ₹15.73.

    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
    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
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    + ₹1,000
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