Axis Credit Risk Fund Direct Growth

Debt
Credit Risk
Moderately High Risk
6.99%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Feb 2023₹19.56
Min. SIP amount₹1,000
Rating4
Fund size₹622.19Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Credit Risk
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.4%7.0%6.9%8.2%
Category average13.1%5.8%4.2%NA
Rank with in category666NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
GOISovereignGOI Sec8.1%
GOISovereignGOI Sec6.4%
Godrej Housing Finance Ltd.
FinancialDebenture4.0%
Flometallic India Pvt. Ltd.Metals & MiningNCD4.0%
Piramal Capital & Housing Finance Ltd. (Merged)
FinancialCP4.0%
Birla Corporation Ltd.ConstructionDebenture3.7%
Bharti Enterprises Ltd.
CommunicationCP3.7%
Godrej Properties Ltd.ConstructionZCB3.2%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.2%
Vedanta Ltd.
Metals & MiningCP3.2%
See All

Pros and cons

Category: Debt Credit Risk

Pros

Cons

3Y and 5Y annualised returns higher than category average
1Y annualised returns lower than category average by 7.69%
Higher expense ratio: 0.81%

Expense ratio, exit load and tax

Expense ratio: 0.81%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

Devang Shah
Jun 2014 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
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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