|Min SIP Amount||₹1000|
|NAV||₹16.48 (03 Jul 2020)|
|Fund Started||15 Jul 2014|
|Fund Size||₹705 Cr|
|Narmada Wind Energy Pvt. Ltd.||Energy||Debenture||5.1%|
|Essel Mining Industries Ltd.||Energy||Debenture||5.0%|
|Power Finance Corpn. Ltd.||Financial||Debenture||5.0%|
|Bahadur Chand Investments Pvt. Ltd.||Financial||ZCB||4.3%|
|Magma Fincorp Ltd.||Financial||Debenture||4.2%|
|Embassy Office Parks REIT||Construction||NCD||4.2%|
|India Grid Trust||Engineering||Debenture||3.6%|
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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.